Following are the observations in IDFCFIRSTB : 1. Broke trend line resistance 2. Broke horizontal resistance 3. In another view, it also broke double bottom chart pattern 4. Volume recorded is also good Point of concern : SMA 200 is the immediate resistance. Area of accumulation - 51₹ - 53₹
KEC INTERNATIONAL Broke 52week high with 52week highest volume. Since Monthly R3 is an immediate resistance, one should go long only when it retraces to the support line i.e 500 price level
NSE:IFBIND broke a minor consolidation zone and is heading for a target of 1500. Area of entry would be in between 1250 - 1300 and Stop loss can be 1100 Supporting factors 1. Huge Volume on Breakout 2. No Major Resistance until 1500
NSE:SHOPERSTOP broke the rising channel which was acting as resistance till now. The volume which got registered today is its lifetime high volume. Good pick for longterm. One can accumulate in between 300 - 334
NSE:RVNL broke lifetime high with an exceptional volume. Start accumulating from current closing price(35.9) to 33.7 for longterm
NSE:TMRVL broke double bottom chart pattern with huge volume and is poised for a huge upside. Since the stock is not strong fundamentally, take a wise decision with strict SL
NSE:MUKTAARTS closed above 52 week high with an exceptional volume. one can accumulate the stock in between 44.7 & 47.45 for 10% upside.
NSE:SHAKTIPUMP Broke above the longterm resistance level 750-770 level on 14th October with an exceptional volume. The stock has revisited the said zone in the last two days and withstood it. Idea is to go long here with 680 as SL and 880 as Target for short term
NSE:MMTC broke the long-term resistance level 47.5 which it was trying to break since AUG 2021. You may give any name to the pattern, but one thing is sure that it entered bullish territory. Volume registered today is also extremely good.
NSE:LAXMIMACH Broke longterm resistance line at 8400. An Inside candle Pattern dated 5th Oct 2021 is also broken. The volume that's seen on 14th Oct 2021 was never seen in the last 6 months.
NSE:IBREALEST has closed above the longterm resistance. please put this stock in your watchlist. we can expect a good movement upside
NSE:REDINGTON just broke out of triangle and is poised for 10% upside. Triangle breakout is accompanied by huge volume. Red area is the Stop Loss area and Green one is the target.
NSE:UNIONBANK has just closed above the Triangle Pattern and is poised for a good movement upside. Put this stock in your watchlist for a 10% upside
NSE:3MINDIA broke an intermediate trendline resistance and is now awaiting break of 26000 level. Put it in your watchlist for longterm
NSE:INDIANB broke the Long Term Resistance level 150 Today with Huge Volume. It even made an ascending triangle pattern which is broken today. Keep an eye on this stock for long term investing.
NSE:TIINDIA has just taken a support near ichimoku cloud. RSI Hidden Bullish Divergence is also visible on the price chart with good amount of volume. Stay long for a 10% upside with an SL near 1240 A Bullish Harami Candlestick pattern can also be seen on 7 Oct 2021 along with a confirmation candle on 8 Oct 2021
Cup and Handle breakout along with trendline resistance breakout seen in NSE:BANDHANBNK . Orderflow suggesting Buyer aggression. 300 price level can be seen immediately.
Falling Wedge Pattern Breakout is seen in NSE:M_MFIN with good volume . Lot of accumulation is also visible in this area. There's RSI Bullish Divergence too. Can be a good bet for longterm.