After long consolidation , Hindalco gave a breakout of the triangle and berakout from important resistance also done. One can initiate long from 460 with a target of 492. Stop loss will be 440. Min 1:2 target
MMM which was in demand zone of 2014 levels finally giving a break out. day close at 107 levels will zoom to easy 128 levels which is first resistance
JSW Steel gave perfect breakout and retest. Currently in the perfect spot for long.
Seeing the pattern break we can hope PEL to do better in the upcoming days. Hold for a long.
After a long time inside channel Jindal steel finally gave break out yesterday and restest done today. One can go for 1:3 Profit
Dmart breaking out for triangle in weekly chart and currently retesting and forming a triangle in hourly chart. May go to 3750 before going up for higher targets. Keep this in your watchlist
After long consolidation, Tech Mahindra finally broke the channel and ready for upmove