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TATA POWER: ON THE VERGE OF A GOLDEN CROSS
TATAPOWER
, 120
Long
TATAPOWER: TATA POWER: ON THE VERGE OF A GOLDEN CROSS

Tata Power is on the verge of forming a golden cross. A Golden Cross is a basic technical indicator that occurs in the market when a short term moving average (50-day) of an asset rises above a long-term moving average (200-day). When i see a Golden Cross occur, i view the chart pattern as indicative of a strong bull run. Stock is near 52W high with significant...

United Spirits: sleeping giant awakened
MCDOWELL_N
, 1M
Long
MCDOWELL_N: United Spirits: sleeping giant awakened

United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout. Target: 715 Strengths 1) PRICE ABOVE 30 DAY SMA 2) RSI IS MID-RANGE 3) MARKET LEADER IN INDUSTRY 4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS. 5) COMPANY WITH LOW DEBTS.

United Spirits: Sleeping giant awakened
MCDOWELL_N
, 1M
Long
MCDOWELL_N: United Spirits: Sleeping giant awakened

United Spirits has formed symmetrical triangle pattern on monthly TF. Closing and sustaining above 583 can lead to potential breakout. Strengths Market leader. Profit and revenue has been increasing for the past 2 quarters. Trading above it's 30 day SMA of 534. RSI is mid-range. Target: 715

Golden opportunity in Tata Power
TATAPOWER
, 1M
Long
TATAPOWER: Golden opportunity in Tata Power

BUY TATA POWER WITH A TARGET PRICE OF 150 FOR SHORT TERM, COMPANY WITH UPCOMING RESULTS (MAJOR DEBT REDUCTION), MACD IS ABOVE SIGNAL AND CENTER, WHICH IS A BULLISH INDICATION.

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