GSKASAR

GSKASAR

Stock has bounced back from weekly support level. RR looks favorable now. Stock is weak below support level on closing basis.

GSKASAR

It seems this ascending triangle pattern in on the verge of breakout above 959.

GSKASAR

KAKATCEM has formed ascending triangle pattern on a weekly chart. Volume has dried up as the stock is reaching its apex. A decisive move above its upper resistance trendline accompanied by volume will take stock towards 525-550 zone. Pattern failure below upward sloping trendline on closing basis.

GSKASAR

MAHLIFE has given trendline breakout around 477. If it closes above 495,the it can reach 520-525 zone.

GSKASAR

Looks like ADVENZYMES has bottomed out around 250 zone and stock has been making higher highs. It has formed a small pennant on daily chart. Above 313-314 looks good for upside level of 350-360 zone. Below 293 pattern failure.

GSKASAR

CONCOR has been consolidation in 150 point range for the past four months. There is also Elliott Wave pattern formation on weekly chart. Stock needs to give breakout above 1425 with volume for it to start its upward 5th wave.

GSKASAR

IGPL has been consolidating for the past three months between 700-800 zone. It has given breakout today above 795-800.

GSKASAR

LICHSGFIN is trading in a downward-sloping channel for the past six months. Today it has given short-term breakout above swing high of 577 which coincide with 50-day SMA. It has now resistance around 590-591 trendline zone. It needs to close above falling resistance trendline for trend reversal which will take stock towards 660-675 zone.

GSKASAR

TCIEXP has formed ascending triangle pattern on daily chart. Volume is low as consolidation is nearing its completion which is typical sign of ascending triangle formation. It needs to breakout above 605-610 with volume on closing basis for fresh upward journey. Pattern failure below support trendline which will shift higher day by day.

GSKASAR

PVR has formed bullish flag pattern on daily chart. Breakout above 1420. Pattern failure below 1390. It can test 1460-1475 on upside if it closes above 1420.

GSKASAR

GODFRYPHLP has been consolidating between 950 &1000 range for past three months and has now given trendline breakout above 993. It has a strong support around 950-960. If it closes above 993, then it can test 1100-1150

GSKASAR

INDIACEM is on the verge of breakout above falling channel on daily chart. It needs to sustain above 186-188 for confirmation of uptrend.

GSKASAR

#BHEL has given breakout above 95 on weekly chart after long consolidation. RSI is also rising & volume also more with breakout. Downside looks limited to 85.5 & upside level is 115-120.

GSKASAR

VAIBHAVGBL has formed ascending triangle pattern on daily chart. RSI is also above 50. Stock is above 50 SMA. Breakout above 730 on closing basis. Pattern failure below 700 on closing basis.

GSKASAR

VTL has demonstrated upside breakout on weekly chart. RSI is also rising. Possibility of this can be a good breakout is that its holding company VHL has already risen 60% past week after similar breakout & I am expecting VTL to demonstrate somewhat similar move.

GSKASAR

TORNTPOWER has formed ascending triangle pattern on daily chart. Stock is poised for upside breakout above 286/288 zone. RSI has demonstrated downward-sloping trendline breakout on friday's session with volume.

GSKASAR

DISHTV has formed rounding bottom pattern on weekly chart and on daily it is about to give breakout above 82.5. RSI has also taken support around 50.

GSKASAR

LAXMIMACH has given long consolidation zone breakout above 5910 with heavy volumes.