LOOKS GOOD BUYING NEAR RETEST LEVEL FOR 3-4 QUARTER
THIS HIGHLY ILLIQUID STOCK THEREFORE,RISKY BET
THIS RISKY SHORT TERM BET. LOW RISK ENTRY NEAR GREEN MARKED LINE
Chart is shaping up well forming cup&handle and bullish flag pattern supported by volume. Convincing breakout may give decent return to short and mid term investor. View negated below 690(DCB)
If swing low is not breached we may expect 67/84/100 in this counter but the concern is liquidity issue and huge lot size. This is an SME stock with decent fundamentals
BREAKOUT WITH HUGE VOLUME MAKES IT ATTRACTIVE FOR MIDTERM INVESTMENT
LONG ABOVE TRENDLINE MAY GIVE DECENT RETURN
THIS IS ON A VERGE OF BREAKOUT. BO IS AWAITING
INV HEAD AND SHOULDER BREAKOUT SEEN
TATACONSUM SPOT LOOKING GOOD FOR LONG. Best Entry Level (550-56) for mention levels. VIEW NEGATED BELOW - 519 (DCB). HOLDING PERIOD - 06 TO 09 MONTHS.
BHARATFORGE SPOT chart is forming CUP WITH HANDLE pattern. If Retest neckline and hold. it may give marked target to validate this pattern successfully. VIEW NEGATED BELOW - 499 (DCB). Holding Period - 6 to 9 Month.
BEML SPOT chart is forming CUP WITH HANDLE pattern. If Breakout neckline and hold. it may give marked target to validate this pattern successfully. VIEW NEGATED BELOW - 689 (DCB).
MAHINDRA HOLIDAYS SPOT chart is forming CUP WITH HANDLE pattern. If Breakout neckline and hold. it may give marked target to validate this pattern successfully. VIEW NEGATED BELOW - 186 (DCB).
M&M SPOT STRONG RESISTANCE ZONE @710-30. If Breakout Resistance Zone and hold then go Long for Levels - 811/899/979. VIEW NEGATED BELOW - 689 (DCB).
CYIENT SPOT Strong Resistance Zone @488-505 if Breakout and hold then go long for Levels - 569/629/690. VIEW NEGATED BELOW - 449 (DCB).