Exide Industries has reached ATH. We can expect the price to move towards 575-700. Other factors: 1. Volumes are increasing 2. RSI is above 60 showing bullishness in stock 3. MACD is becoming positive 4. Highest TTM net profit "Clear Charts, Easy Charts" Learning & Earning!!! Cheers!!
Bikaji Foods is forming a cup and handle. A breakout of the same will take the price to 750+. Other factors: 1. Volume has been increasing - see last day candle 2. RSI is above 60, showing bullish sign 3. MACD is positive 4. TTM highest profit 5. FIIs has increase stake "Clean Charts, Easy Chart" Learning & Earning!! Cheers!!!
Reliance has given a Pennant Breakout with volumes. We can see price moving towards 3800+. Other factors: 1. RSI is above 6o on weekly basis 2. MACD is becoming +ive on higher time frame 3. ATH breakout 4. Volumes is steady "Clean Charts, Easy Charts" Learning & Earning !!! Cheers!!
Wockhardt is breakout from flag pattern and moving towards a target of 800+, ~60%upside. Other factors: 1. Volumes have again started picking up 2. RSI is above 60 on a daily basis 3. MACD is becoming positive 4. Dec quarter results are shows sign of getting better - Revenue has increased and loss has reduced "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
Mahanagar Gas has moved to ATH at good volumes. We can see the first target of 1800+. Other factors: 1. Double Bottom pattern on DTF 2. RSI above 60 3. MACD above zero 4. Breakout volume "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
MapmyIndia has given a breakout with big volumes. We can see price movings towards 3500. Other factors: 1. Super volumes at the time of breakout 2. RSI is above 60, showing bullishness 3. MACD is positive "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!!
Motherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target. Other factors: 1. RSI is above 60 2. MACD is positive 3. Volume is increasing, see breakout volume...
Andhra Petro is making a cup and handle pattern. A breakout will take the price to 186 as the first target. Other factors: 1. Using the Fibonacci tool, we can see the price has crossed its 50% resistance. Ideally, once price again moves above 38.2% is considered to be an entry point. However, given other factors, an entry can be made. 2. Volumes has increased...
BASF is making cup and handle pattern. We can expect price to move towards 4500+. Other factors: 1. MACD is becoming positive 2. RSI is above 60, showing bullish sign 3. Volume is steady "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Apollo Tyres is trying to break the channel. Once it breaks we can expect the price to move to 750+. Other factors: 1. Apollo Tyres is an upward channel on a longer time frame and is doing a price correct on a shorter time frame. 2. Keep monitoring RSI, once above 60 will give a rocket move 3. MACD will improve as the price moves up 4.Best YOY...
ABB India is making a flag and pole breakout. We can see stock moving towards 5500 on breakout of 4930 towards 5500. Other factors: 1. RSI is above 60 2. Buying volume is high 3. MACD should become positive once we see breakout Strategy is to get in the trade on breakout. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
PFC has just broke pennant set-up and ATH is 430. Once 430 is crossed, we can see a movement towards 550. Other factors: 1. Volumes have started picking up 2. MACD is getting positive 3. RSI is showing bullish signs 4. TTM revenue is highest ever, so is PAT 5. Given the Govt expansion plans, we can see PFC playing a major role. "Clean Charts, Easy...
REC has shown pennant breakout. We can expect the price to move to 575-600+. Other factors: 1. Volume has started picking up again 2. RSI is bullish 3. MASD is showing bullish signs 4. Highest TTM revenue and profits "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Mahindra Lifespace is making Cup & Handle Pattern. One embedded in another. We can expect the price to move to 700-850+ as we see breakout happening. Other factors: 1. RSI above 60 showing bullishness 2. MACD is bullish 3. Big buying volume candles 4. Expecting real estate to do well "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors: 1. Volume candle: pls see last weekly candle, big buy has happened 2. RSI on weekly basis is above 60; bullishness 3....
Ageis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors: 1. RSI is improving, sustainable above 60 will make it bullish 2. MACD is positive 3. Volumes is increasing 4. Highest ever TTM Net profit "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Tata Consumer Products has broken flag pattern. We can expect the price to move towards 1450. Aggressive buyers could pick at current price and a conservative buyer can buy once it crosses 1200. Other factors: 1. RSI is on rising, above 60 signalling bias towards bullishness 2. MACD should also improve as the price moves 3. Volumes are good, see last 2 buying...
Tata Communications has broken pennant / symmetrical break-out and is heading towards 2700+ targets. Other factors: 1. Volumes are steady 2. RSI on weekly basis is on the verge of 60+, good bullish sign on higher time frame 3. MACD is also getting positive "Clean Charts, Easy Charts" Learning & Earning !!! Cheers!!!