The stock has been consolidating since a long time, finally getting ready to come out of the range , Steel sector as a whole in limelight. One can buy with SL of 200 for a target of 300.
The stock is consolidating since many days. Taking support at 526. Volume is building up on a daily time frame. Expecting to breakout from the consolidation very soon. Keep a watch. Easy 10-15% gains possible
Prestige Estate :: CMP 518 .After a good consolidation from April 2022. Rounding bottom formation is being made. On breakout may see a swift rally of 10-15%. One can buy with a small SL for 10-15% upside.
The Trade is now active. The Stock has broken out of a trendline with a massive volume. Stock looks ready to fire till 670 as a first target.
Have been Consolidating for a long time . One can buy with SL of 510 on the closing basis for a target of 680. 680-700 seem to be a big resistance. With increase in vix along with upside trend, markets will start to become volatile, please keep stop loss in place.
Subex is creating a triangle pattern breakout, Once breakout with volume, we may see a huge spurt in the price action. It has shown great resilience in the current fall and is holding on the price strongly. Looks like Some good news is around the corner We may see targets of 45 , 52 and 62 respectively on weekly timeframe. Watch out
What a wonderful Setup above 555. We may see 20-30% upside once breakout is confirmed
Perfect example of Respecting Support and Resistance on the weekly charts
GSFC is giving a good setup on weekly breakout. For short Term Traders , can buy on crossing 153.5 for a target of 163-164. For Medium to Long Term Investors, we can see a Rounding Bottom Formation on the weekly charts. If it breaks 164, we can see a target of 200- 250. Volumes are starting to increase also deliverables are at 31% consistently. We may see a...