Details: Asset: Geojit Financial Services Limited (GEOJITFIN) Breakout Level: Sustaining above 140 Potential Target: 180+ Stop Loss: Below 140 or as per risk tolerance Timeframe: Short to medium-term Rationale: Geojit Financial Services Limited (GEOJITFIN) has given a bullish breakout and is now sustaining above the 140 level. This breakout could lead to further...
Details: Asset: Larsen & Toubro Limited (L&T) Breakout Level: Sustaining above 3720 Potential Target: Significant upside potential Stop Loss: Below 3720 or as per risk tolerance Timeframe: Short to medium-term Rationale: Larsen & Toubro Limited (L&T) is showing signs of a potential breakout from a channel pattern, with the stock sustaining above the 3720 level....
Details: Asset: Zydus Lifesciences Limited (ZYDUSLIFE) Breakout Level: Below 1100 Potential Target: 940-900 Stop Loss: Above 1100 or as per risk tolerance Timeframe: Short to medium-term Rationale: Zydus Lifesciences Limited (ZYDUSLIFE) is facing a potential bearish move due to a channel breakdown and negative news regarding a warning letter from the USFDA for...
Details: Asset: Genus Power Infrastructures Ltd (GENUSPOWER) Breakout Level: Sustaining above 480 Potential Target: 550-600 Stop Loss: Below 480 or as per risk tolerance Timeframe: Short to medium-term Rationale: Genus Power Infrastructures Ltd (GENUSPOWER) has sustained a breakout above 480 after a channel breakout and is now undergoing a retest. If the stock...
Details:Asset: Divi's Laboratories Limited (DIVISLAB)Breakout Level: Above 5040Potential Target: 5120Stop Loss: Below breakout level or as per risk toleranceTimeframe: Short-termRationale: Divi's Laboratories Limited (DIVISLAB) is on the verge of a breakout above the 5040 level. If the stock sustains above this level, it could potentially move up to the 5120...
Details: Asset: Siemens Limited (SIEMENS) Breakout Level: Sustaining above 8000 Potential Target: Significant upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Siemens Limited (SIEMENS) is indicating a potential breakout above the 8000 level, potentially breaking out from a pendent...
Details: Asset: Wipro Limited (WIPRO) Pattern: Cup and Handle Breakout Level: Above handle resistance (specific level not mentioned, assuming current resistance) Potential Target: 545 Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Wipro Limited (WIPRO) is forming a cup and handle pattern, which is a bullish...
Details: Asset: Tata Motors Limited (TATAMOTORS) Breakout Level: Above 1050 Potential Target: Significant upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Tata Motors Limited (TATAMOTORS) is poised to give a breakout from a flag and pole pattern if it sustains above the 1050 level. This...
Details:Asset: Indus Towers Limited (INDUSTOWER)Breakout Level: Above 365Potential Target: Significant upside momentum expectedStop Loss: Below breakout level or as per risk toleranceTimeframe: Short to medium-termRationale: Indus Towers Limited (INDUSTOWER) has broken out from a flag and pole pattern, and is now sustaining above the 365 level. This breakout...
Details: Asset: Orient Electric Limited (ORIENTELEC) Breakout Level: Above 260 Potential Target: 285 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Orient Electric Limited (ORIENTELEC) is breaking above a key resistance level at 260. Sustaining above this level could signify a bullish sentiment...
Details: Asset: Sun Pharma Advanced Research Company Ltd (SPARC) Breakout Level: Above 250 Potential Target: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Sun Pharma Advanced Research Company Ltd (SPARC) is showing signs of a potential breakout above the 250 level, breaking out of a...
Details: Asset: Hikal Ltd (HIKAL) Breakout Level: Above 330 Potential Targets: 430, 460, 600, 740 Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: Hikal Ltd (HIKAL) has been consolidating since March 2023, and a breakout above the 330 level could signal a significant bullish move. Sustaining above this level may...
Details: Asset: Biocon Limited (BIOCON) Breakout Level: Above 320 Expected Target: 340 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Biocon Limited (BIOCON) is displaying a flag pattern breakout potential alongside positive results. A breakout above the 320 level could signify a bullish momentum...
Details: Asset: Supreme Industries Limited (SUPREMEIND) Breakout Level: Sustaining above 5150 Potential Momentum: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Supreme Industries Limited (SUPREMEIND) has recently given a breakout and sustained above the 5150 level. This breakout could...
Details: Asset: Godrej Properties Limited (GODREJPROP) Breakout Level: Sustaining above 2810 Potential Target: Upside momentum expected Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Godrej Properties Limited (GODREJPROP) has recently broken out of a flat pattern and touched the 2810 level. Sustaining above...
Details: Asset: Dr. Reddy's Laboratories Ltd (DRREDDY) Breakout Level: Above 6200 Potential Target: 6500 and beyond Stop Loss: Below breakout level or as per risk tolerance Timeframe: Short to medium-term Rationale: Dr. Reddy's Laboratories Ltd (DRREDDY) is showing signs of a potential breakout above the 6200 level, which is accompanied by a flag pattern...
Bullish Channel Formation in Blue Dart with Strong Support Levels Body: The stock of Blue Dart is exhibiting a promising bullish channel pattern, suggesting an upward trajectory in the long term. The current support levels are firmly established at ₹6187 and ₹6731, providing a robust foundation for potential price appreciation. Key Points: Strong Support: The...
Radico Khaitan has been showing signs of a strong bullish trend, and the recent price action suggests a potential breakout above the 2040 level. If the stock sustains above this channel resistance, we could witness a significant upmove. Technical Indicators: The stock is currently trading at ₹1,732.10, with a recent high of ₹1,744.401. The 52-week high stands at...