Can go long for positional trade. All targets and stop loss are mentioned in the chart. This stock has for very long been in a consolidation phase. Can give good swing.
Has finally given a breakout after months of consolidations preceded by year-long free fall. 200 Moving Average was at 81 levels which was acting as a small resistance along with a resistance at 83.20 level. Can go long for a target of 120.
Cup & Handle pattern formation in COCHINSHIP. Hence, a good buy above 405 levels for a target of 425 in the near term.
We can clearly see a cup and handle pattern formation in ONGC which has given a breakout. Can be bought at around 122 levels for an upward target of 145.
Can go long above 240 levels after a pullback. The stock has formed a reverse head and shoulder pattern and looks good for the short term.
A close look at the chart makes it obvious that the price has been in a downtrending channel and now it has reached a crucial support of 1027. If it breaks this support, we can expect to see the target of 951. Cheers!
Lupin has formed a head & shoulders pattern taking a support at 985 levels. You can go long on it for a target of 1064 and 1115 respectively. Cheers!
It can be seen in the daily charts that the stock has formed a double top pattern at the levels of 336 and has also broken the resistance of 306 levels. Hence you can short it for a target of 293 and 276. Happy Trading!
As we can see in the daily chart, the price saw an uproar from 160 to 227 levels as an impulse move and started consolidating in a range. Hence, forming a bullish flag pattern in the process. It has taken a support at 211 levels, this can be confirmed by the presence of a Hammer candlestick. If it sustains above this level, you can go long on it for a target of...
If we take a look at the hourly chart, we'll see that the price fell sharply from 580 levels as an impulse move and started consolidating in the 516-530 range, after which it has given a breakout. But be cautious! The Doji candlesticks indicate that there is still uncertainty. So, wait for a proper bullish indicator to enter. We can expect to see the targets of...
Target: 432, 460 CMP: 410.50 It can be clearly seen in the daily chart that the price has been in a falling channel and has taken a support at the lower end of the channel, this can be confirmed by the presence of a doji candle. Now, the price is headed towards the upper band of the channel(432), if it breaks the level and sustains, then we can expect to see a...
Target - 224, 245. CMP - 214.90 BSE:M_MFIN We can clearly see in the daily chart that it has formed a pole & flag kind of a pattern which has already given a breakout of the 215 levels. If it sustains above this level, we can expect a target of 224 and a further target of 245.