Fine Organic has given Bull Flag pattern breakout.
May take resistance at T1-3300 level and may retest breakout level 2616 -2800, and form flag pattern to give break out for below Targets,
Entry can be taken at retest level with SL-2400 level
Final target-4000 or above.
CUP & Handle pattern formation @BEPL may give breakout any time.
Stock can be entered @demand zone (152~157) or in the breakout above 180.
In spite strong fundamental in the last two quarter stock price could not reach to the true value due two supply zones resistance.
PE ratio is very low compare to competitor.
Already this stock idea shared when it was in 68~72 range, last time reached up to 81 but again re-tested 68~69 level due to Covid19 breakout in India.
I was holding my position with entry taken 68 level.
it is a clear CUP& Handle break out and Target 129 must reach in 2~3 weeks or before if momentum continues.
Now strong result in Q4'21.
Operating profit in...
Fundamentally strong Bajaj Finserv Ltd has given explosive breakout.
Although I have taken position @9960 for long term Target is -14290
Other short term targets are given in chart.
It is almost a CUP & Handle pattern
Weekly RSI support taken @60
High volume with participation
4 times Q4'21 PAT compare to Q420.
Cadila Healthcare at all time high resistance as per my earlier Target-556.
Closing not given confidently above 556, although it reached 568, hence wait for next price action.
Fresh can be taken only after confident closing above 556, sustenance 556 to be checkout.
Panacea Biotech has given CUP & Handle breakout in weekly time frame.
Handle breakout with High Volume , RSI above 60 should definitely rising high.
Fundamental: Although pharma is in loss for couple of qtr but Russian Direct Investment Fund (RDIF) to have contract for the manufacturing of Sputnik V vaccine,expected production in next 1~2...
1. Weekly explosive 2 candles closing near all time high.
2. Formed CUP & Handle pattern.
3. Handle has taken support at weekly demand zone and 200EMA.
4.High volume ie.. double of 20 day moving average volume
5.Weekly RSI above 60.
6. IF breaks all time high T1, & sustaining above T1 will give long drive to double of Cup height.
7.Fresh entry can be taken only...