Tata Motor's flag clearly indicates the green flag for the next run.
Trade above 500 with volume.
Next target 720.
The downside is less likely, but if it breaks 465 we may see it quickly close to 435
To get the Gist.........follow.........
This stock (Indiabulls Housing Finance) is about to start its second chapter of rally.
1. JV with HDFC _ Market Leader
2. Strong consolidation of 672 days, almost 2 years, with lifetime High Volume.
3. Consolidation happening in fib range of 0 to 0.23, which is also close to a lifetime low and the listing price (288.9)
4. Triangle pattern formed...
This stock will change your life.
Preparing for a big move.
History will repeat again, if you notice the pattern plz comment.
The minimum target is 460 (long term - 1 Yr_600% return) above SUPER RESISTANCE GREEN TRENDLINE
Just Dial is in the resistance zone (1050 to 1300)
The cup and handle pattern is in formation.
Suggesting to accumulate in trendline channel with the SL of 815.
Targets with successful formation of cup and handle or break-out of the channel as below.
Bearish Butterfly formation in Jindal Saw.
Stock may correct around 132.
Here afterwords strong support is 125, Exit if close below 125.
A breakout above 125 has below targets.
T1 = 132
T2 = 136
T3 = 142