with bearish trend nifty can test 16400, let's see if 50 DMA can hold on
Relaxation for theatre businesses to run across various states will trigger business giant PVR to break out from head and shoulder patterns. Can target 1800 and 2100 in medium-term.
Telecom spectrum issue and jio effect dragged the giant's growth for a decade. Any good news can trigger the stock to fly high.
Every time when LT touch trendline it sharply rebound to 200dma a rallied vertically. A rally to 1200 should only its initial target it have the potential to reach 1600 NB only for patient investors
ITC traiding around 166 is attractive but is it time to enter? RSI 30+ not oversold, previously when it reach 165 it was oversold. invest only after reversal or invest only 20% now
AIRTEL trading close to its all time support, breaking this it will fall to its decade back trading zone. Zones in monthly chart
ITC after making high of 360+ n shown an headand shoulder breakdown to 135, there is a strong demand zone between 167 n 150 which MAY act as trend reversal zone(as of now no sign). Can keep this under radar. Targets n supp resistances mentioned in monthly chart. LIKE N FOLLOW for more updates
Taking powerful support at 848 LT forming flag pattern holding weekly base can go upto 990 in a swing. News bagging multiple orders can boost
LT take support and forming h& s pattern with rising RSI Short term target 990
ITC consolidated for months and fall into down trend, multiple attempt to break 175 is seen above 175 it can rally towards 175 and 180 long term 200+
idea is forming a beautiful cup and handle pattern . with negative news it tried to break its neckline twice, third attempt it breakout. keep in radar
HINDUNILVR consolidated for 3 months, deliver vol rising for 5 days & RSI with sign of reversal buy above 2056
irctc consolidated for long - a break n triangular consolidation will drive to 1600+ if privatisation n sale in stake favour SL 1320
BOSCHLTD CONSOLIDATED FOR 1 MONTH BREAKOUT WITH GOOD VOLUME... KEEPING VOLUME CAN TARGET 15OO AUTO SECTOR IN GOOD MOMENTUM
BUY at lower circuit 535-545 lower risk trader wait for AGR verdict for holding base level target 590-610 breaking cup target 670+
LOWER CIRCUIT 535-545 UPPERCIRCUIT 580-600. ONCE IT BREAK MONTHLY RESISTANCE CAN GO FOR 670+
Keeping volume increase hal can hit immediate target 1100+