Tata elxsi- After a wonderful c&h breakout, formed a bullish pennant in weekly and blasted today. Most probably it will close at the resistance of 8815 today. Good to buy during retracement if it happens for the target of 9400 and 10000
Nagreeka Exports- Rounding bottom breakout pending on monthly, C&H breakout pending on weekly for the target of 150. Entry after weekly candle close above 83 is advisable. Note: This is for educational purpose only.
Elgi rubber- C&H breakout done on monthly. Rounding bottom breakout pending at 71. Enter after weekly close above 71 for the target of 100 and 130. Note: This is for educational purpose only.
Cup and Handle breakout done for the target of 334 with the intermediate resistances mentioned in the chart. Note: This is for educational purpose only.
Though Cup and Handle breakout done on monthly, momentum didnt kick start. Buying after weekly candle close above 183 is advisable for safe entry or else buy after retracement to the breakout zone of 175. Target is 320 Note: This is for educational purpose only.
Tata Power- Beautiful Cup and Handle Breakout done. At the verge of breaking all time high. Entering after 300 is advisable for the target of 370. Note: This is for educational purpose only.
IDFC First Bank- RB breakout and retracement done on monthly.. Trendline support done on monthly. Targets 93, 98 and 140.. Enter atleast after candle close abovce 88.75 on weekly closing basis. The stoploss is candle close below 88.75 after taking entry. Note: This is for educational purpose only and not buy recommendation.
Typical Cup and Handle breakout done on monthly clearly. Will go for the target of 4000 slowly since its a monthly pattern. Note: This is for educational purpose only.
Final Target is 53. Multiple Bullish patterns available in the chart. C&H breakout done and Rounding Bottom pattern avaiable. Note: This is for educational purpose only.
Inv. Head and Shoulder breakout done on monthly. Multiyear trendline breakout and retracement done on monthly. Once 107 resistance is broken, can see a quick upmove to 143 in a month. Final target is 170. Since its the monthly pattern, it will take much time(several months) to achieve the desired target. Note: This is for educational purpose only.
LIC Housing Finance- Multiyear trendline breakout and retracement done on monthly.. C&H completion done. On the verge of breakout for the target of 800. Intermediate targets/ resistance are 526, 600.
ADANI PORTS- Chart shared for learning purpose. Despite hinderburg or whatever negative news, the stock went according to the technicals. Initially it was trading within a range of 260 point as can been seen in the yellow box and after that the box was broken down and went to the desired target of -260 points from the box bottom. The same can bee seen in the red...
Both Cup and Handle and Flag pattern breakout done for the targets mentioned in the chart. The green line is the final target which is a long term target. Note: This is for educational purpose only.
NMDC- Breakout after 12 years for the target of 234 and 300. Currently very near resistance of 184 is there and also wait for another two days which is the november month candle close for double confirmation. It should retrace after touching 184.
ABSLAMC- C & H breakout pending for the target of 600.. Intermediate resistances/ initial targets are mentioned in the chart in the red colour. In my chart, always the green colour line will be the final target. Buy above 463 WCB (Weekly Closing Basis) for strong confirmation on breakout. Note: This is for educational purpose
NECC- A proper C & H breakout formed which is at the verge of breakout. Target - 62 Note: This is for educational purpose only.
JSW Energy- Buy above 420 for the first target of 450 and then to 500. After reaching 450 much higher target of more than 500 will be opened. As of now RB is confirmed. changing to c & h pattern shall be seen in upcoming days if not 420 is broken. Note: This is for educational purpose only.
Forbes India- C & H breakout done with huge volume. Once the resistance of 738 is broken the target of 820 will be reached. After 820 the target will be 1186.