Britannia is making a pole and flag pattern and it is on the verge of a breakout which could take it to new highs. All information available on charts. Targets given....Stop loss as per your risk....
ONGC showing bullish divergence. Buy at that level where smart money is buying. Buy at current levels with targe 75 and the 84.
DrReddy is getting support at 0.618 fib level and the traded volume is also decreasing. In 1-2 days we may see a spike in volume and which will start another bull run. It is also forming a Flag and Pole pattern. If Flag and Pole breakout happens than Target is 5900++ in coming weeks.
Buy ZEEL above 190 with a stop loss on 182 for Target 210 and 227. Details mentioned on charts.
Bajaj Finance has formed a Megaphone Pattern. This is a very volatile script. Breakout already happened. Now when it retest the trend line buy at 4430 with stop loss 4280 for huge targets of 5140 and 5580. Bajaj Finance after crossing All time high will become more volatile and will achieve the target in shorter time.
Reliance getting ready for next run levels mentioned in charts. Buy when it crosses 1995 with 1900 as stop loss...first target 2100 then 2250 then 2400++
Bajaj Auto is ready to get out of the Darvas Box. If this closes above 2990 then buy with Stop Loss of 2935 for Target of 3100++. 20 DEMA is going to Cross 50 DEMA which is a positive sign.
Correction in ITC is over.....now ready to fly....RSI is showing bullish divergence. 1st Target 180 2nd Target 200. Please do keep Stop Loss before investing.
Auropharma is getting ready for another bull run..... Sellers are unable to bring the Price down and buyers are showing that they are buying at every price and will not allow sellers to bring this down. Closing above 800 will open the Targets for 900+ and then 1000 Trade can be taken with 750 as stop loss because below this Buyers will surrender and may will try...
M_M has given breakout from triangle and is retesting it. Buy if it closes above 610 for Targets 650, 670, 680 with Stop Loss as 595
Amara Raja Batteries is currently trading in a crucial level. It may give a good break out which will take it into the sky. Closing above 770 will give it a fire which will take this stock till 840 within next week making a new all time high. Keep your eyes on this and go with the trend to mint money. Buy between 770-775 level for target of 840 with 755 as stop loss.
Balkrishna Industrie is trading around its Monthly Support Level which is also a Supply Zone for this Script. Details on Chart. If it takes support at 1360 and makes a green candle then we may see 1600 levels.
Eicher Motors can touch 2600 in coming weeks. Closing above 2200 will take it towards 2600++. Refer chart for further details. Please do not invest blindly. This is my personal view. I may be wrong. Before investing, please take advise from your advisor.
Maruti is looking good at current levels as it is clearly visible that it will complete Inverse Head and Shoulder Pattern. All details on the chart. Please make sure that you are keeping a stop loss because any thing can happen in market. Please do share your views. And before investing or trading please take advise from your broker or advisor.
Colgate Palmolive (COLPAL) may give handsome return if closes above 1450 with Stop Loss of 1400. 1st Target 1500 2nd 1600++
ACC if closes above 1426 then we may a good run above 1442 till 1580. ACC trying to break monthly resistance for the 3rd time....hoping that this time it will succeed....
Dabur is ready for a breakout if closes above 510. Go long with target as 580 with 490 as stop loss. Refer chart for further details.
After going through the chart if can be depicted that the correction is over and it may start an upward journey again. In the chart a 'W' pattern can form, lets see if the analysis goes correct or not. If i am correct then we may see the price in uptrend. If the next candle closes above 488 then go long with stop loss of 465.