All Time High Mega Breakout in weekly chart of Dabur company. The script was continuous compounder in the past for more than 15 years but the stock has rise and fall in the recent four years e.g. 2016, 2017, 2019 and 2020 (Due to corona). These corrections due to weak financial growth in the last four years in terms of revenue and profit but expected good results...
Ultratech cement just breaks the multiyear high price on weekly chart. The stock has attempted to break this high price (4450) in 2017, 2018, 2019 and 2020. The stock has attempted several times to break this high price but suddenly start falling after touching this multiyear high price. Now, stock is in a good momentum this time which outperform the NIFTY and...
Tata Elaxi enter into a Blue Sky Zone with Mega Breakout. Chart shows a beautiful rounding bottom pattern breaks its high price of year 2018 at Rs 1460. The company gives very good results in this quarter: revenue up by 11.5 %, EBITA up by 67.4 % and profit up by 58.4 %. This is the Techno-Funda pic where technical chart breakout will be supported by good...
Multiyear Blue Sky Zone Breakout in Supreme Industry from Midcap sector. The company has moderate volatility with Beta = 1.23 times the NIFTY. The company has good and consistent fundamental results from the last five to six years with revenue growth of around 6 %. In the last five years company has increase his market share from 23.4 % to 31 %. The stock has...
Blue Sky Zone Mega Breakout means all time high price breakout in TechMahindra stock . Stock has try to breakout in Feb. 2020, April 2019, Feb 2019 but not succeed. In Feb. 2019/Sept. 2018 stock has broken high of Rs 740 of year 2015 and make new high just close to the same after share price falls from the new peak. Now, share gives multi year breakout and IT...
Blue Sky Zone breakout had occurred in good IT sector company: MAJESCO at Rs 770. Now, share is trading at Rs 876 after small correction. Good time to enter stock near 800-850 zone with stop loss of Rs 650. My First Target is Rs 1050 and my second Target around Rs 1150. Conservative Traders can book the profit at Rs 950 target. IT sector is already in boom like...
Balaji Amines has all time high breakout at Rs 780. Share touch high of almost Rs 994 and Now, the share is trading at Rs 831. Its good opportunity to take a pullback trade. Company is related to chemical sector which already outperforming NIFTY and gives high returns in the last three years. This company had provide good fundamentals results in the past and good...
Balkrishna Industries breaks all time high price and just enter into Blue Sky Zone. Balkrishna Industries deals in the OFF-track tyres sector which in a high demand due to positive returns in the agriculture sector. This company is market leader in this sector and continuously providing good results in the past six to seven years. Company has installed new...
Pullback trade in Double Rounding Bottom Breakout in MCX script in weekly chart. This stock gives around 80% returns in the last one year(TTM-12 month). The commodity market is recovering from slow performance after 2016. This year commodity market outperform his past performance which definitely support MCX stock Multiyear breakout. Atleast 30-35 % up-movement is...
Berger Paint is breaking its all time high stock price. Its on verge to break into Blue Sky Zone and good moment can be seen in the script in the upward direction in coming couple of months. Due to the festive season good fundamental support for the paint industry and Berger paints in very near future. In the last one year stock has given approx. 40 % return...
