This small cap stock has great potential. Forming a flag and pole on a monthly chart. Considering this is forming on monthly chart, the probability of moving towards 125-150 levels is very high post the breakout. 65-75 is a base for this stock now. Volumes in daily chart are also encouraging. We had found a similar chart on Gold some months back when it was...
Dabur after breakout, reclaim of moving averages and RS being positive can move towards 610 levels.
MRPL has broken downtrend on weekly timeframe with decent volume. We can see 125+ from current levels.
UCO Bank can move towards 38-40 levels. Anytime giving a weekly close above 46 can take this to more than 100 levels. SL should be 21 WCB.
veSRF has given a breakout of a falling trendline. Can move towards 2900 levels and beyond as well. RS is also +ve. Best buy zone should be 2100-2170
Nestle breaking out of downward trendline and can move towards 19580-600 levels and if sustained can move toward 20200 levels. This is hourly chart so should be only a small swing trade. Short swing trade with SL of 19000. Caution-Market is in downtrend so please see market situation before taking any action.
PSUBank Bees is in the process of retesting its breakout level on Monthly chart. One can look at 36-38 levels to accumulate in tranches in current panic.
Affle can be a good buy at current levels especially for long term investors. Taking support at 100 EMA on weekly chart. Target can be 1290-1300 and then 1500 levels. SL can be around 980.
Bajaj Auto giving falling trendline breakout and reclaiming all key moving averages. SL-3510 CLB Target-3800 Budget could be a trigger for Auto sector looking at where all the stocks are placed.
After today's brutal fall, India Vix has broken a downtrend with a falling trendline on weekly chart. Range of 19-22 is danger zone for this, any close above that could see a very big fall and markets can go really down quickly. While i know its easy to point this out today with the confirmation of the fall but this is what i saw on the charts so posted. Keeping...
Maruti has given a triangle breakout and reclaimed all key moving averages. Take entry post RS crossing 0 for safe entry. SL can be 8100 CLB Target can be 9050-9100 levels.
KNR constructions at ideal buy zone for target of 325+ levels. RS is +ve and Volumes are good with a breakout.
Bearish Harmonic Bat Pattern along with Double Top in weekly chart for Capital Goods Index, can move down for correction. Levels mentioned in the chart.
IRCTC ready to move towards 1100 levels in 3-4 months time. Volume looks decent, forming inverted head and shoulder pattern in daily and weekly time frame. Consolidating for a few days now and can have a large volume candle very soon.
HUL is forming cup and handle pattern on weekly time frame. Can move towards 3100 and if sustained, can move towards 3400 levels.
BF Utilities has a given a breakout with decent volumes and has a lot of potential. Can do 500+ levels soon but it looks like this has got more steam and can move more than that as well.
Deepak Nitrite providing great R:R. Can move towards 3000 once broken out.
Sobha has given a triangle breakout and can move towards 900+ levels