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MilestoneCapital

JSW Steel is stood at a very crucial support, price action however, suggests it would be broken sooner or later. Those holding longs should exit and those who want to go short, should either wait for a bounce (See projected Blue line) or should short when the price breaks below the horizontal support line. Once the support line is decisively breached, JSW Steel...

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Bharti Airtel has been trading in a symmetrical triangle for the last few sessions. Price action within the triangle signals towards an imminent breakdown. Those holding longs in Bharti Airtel should exit. Those who want to go short, should either wait for an actual breakdown or go short around the third bounce (See the projected blue line). Once it breaks below...

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Godrej Consumer Products has broken out from a triangle pattern on 15 mins time frame. Initiate long. Target : 675 Stop Loss : 650

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Price Action in L&T Finance Holdings suggests Bullish Bias. Initiate long. Target 1: 66 Target 2: 67.50 Stop Loss : 60

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Price Action in HPCL suggests bullish bias on daily time frame. Initiate long. Target 1: 220 Target 2: 226 Stop Loss : 193

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IRCTC is on the verge of breaking above from the symmetrical triangle. Initiate long. Target : 1550-1560 Stop Los : 1400

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Mindtree is forming a possible inverted H&S Pattern. Initiate Long. Target : 944 Stop Loss : 914

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HCL Tech has broken above from a triangle. The Breakout Zone is between 535-540. Go long when it retests this zone. Target : 575-580 Stop Loss : 527

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Tata Chemicals has given the breakout from a cup and handle pattern. Initiate long. Target : 302 Stop Loss : 291.80

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Maruti Suzuki has broken above from a falling trendline suggesting a shift in trend to the upside. Initiate Buy. Target 1 : 5425 Target 2 : 5540 Stop Loss : 4990

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Wipro has broken on the upside from a symmetrical Triangle. Initiate Long. Target 1: 202 Target 2: 210 Stop Loss: 182

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Shriram Transport Finance has broken above from a triangle pattern on 15 Mins time frame. Initiate Long. Target 1: 590 Target 2: 600 Stop Loss : 562

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ONGC has given a clean breakout from the ascending triangle pattern. Generally after the breakout , the price tends to retest the breakout level which is around 79-80. Therefore wait for the stock to retest the breakout point and make an entry only around those levels. Trading using this approach would give you a favourable Risk-Reward setup. Target 1: 88 Target...

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KSB Ltd is forming what appears to be a probable Cup and Handle Pattern on the daily time frame. Buy in Anticipation of completion of this pattern. Target 1: 528 Stop Loss : 450

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Tech Mahindra is forming what appears to be an inverted Head and Shoulders pattern. Initiate long in anticipation of its breakout. Target : 580 Stop Loss : 495

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Developing Price Action in IGL is indicating a buildup of momentum on downside. Initiate sell. Target : 390 Stop Loss : 465

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Torrent Pharma has given breakout from the cup and handle pattern. Initiate long. Target : 2760, Stop loss : 2515

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Tata power has given a decisive close above from both a cup & handle as well as an ascending triangle pattern. Initiate long. Target : 34.25 Stop Loss : 31.50