NACHATUR

NACHATUR

Inverted Head n Shoulder pattern in MOIL is near completion. Once it gives breakout, the target is 246. Not valid below 148. Disclosure: Not a recommendation to buy or sell. For education purpose only.

NACHATUR

In the past week INR gained strength against USD, GBP, and EUR. However, this appears to be a short term blip. In the short term EURINR has taken support at 200 days ema and recovery has started on Friday, 5th Feb. Taking positional call, stop loss may be kept at 86.8000 and target would be at 90.7000. Disclaimer: This is not an advice to buy n sell. For...

NACHATUR

Tinplate has given a breakout from inverted Head n Shoulder pattern on the weekly charts. It has retested the breakout and started rising from there. It's looking good from positional point of view. Good for 251, weakness below 153. Disclaimer: This is not a recommendation for buy or sell. For educational purpose only.

NACHATUR Updated 

HUDCO has come up with good quarterly results. Net profit has gone up by 90%. Company gives dividend yield of 6.67%. Encouraged by the results share price has picked up momentum. It's on the verge of clearing the congestion above 46.55. Target would be 64, 89. Keep stop below 39.30.

NACHATUR Updated 

Time Technoplast is on the verge of a breakout from Cup n handle pattern which is bullish. It can be bought above 53.5 for a target of 73.25, 108.95. View will be negated below 43.25. Discl: This is not a recommendation to buy or sell. Only for educational purpose.

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GTPL Hathway has given a breakout from a bullish chart pattern that is cup n handle on double of average volumes. It offers risk to reward ratio of 1:4. Stop loss below 119 and target 174. Disclaimer: this is not a recommendation to buy or sell. For educational purpose only.

NACHATUR Updated 

A breakout has been witnessed in Rallis India from a triangular formation and from a horizontal resistance too on good volumes. There may be weakness below 253. Closed on Friday @ 258.20, first target is 289 and then 318. Disclaimer: This is not a recommendation to buy or sell. Only for educational purpose.

NACHATUR

DCMSHRIRAM is on the verge of a breakout from the inverse head n shoulder pattern. Looking good on actual breakout above 390, weakness below 341 (200 days ema). Target will be previous high 630. Disclaimer: This is not an advise to buy or sell. This is only for educational purpose.

NACHATUR

Care Rating has given a breakout from resistance level of 451-471 on good volumes after consolidating for more than 26 weeks. It is week below 450. Target is 715, 877. Disclaimer: I am not a SEBI registered Analyst. This is only for educational purpose.

NACHATUR

Castrol after caonsolidating for about 20 weeks has given a breakout on high volume. CMP 123, SL 120 and target 133, 159. Disclaimer: This is not an advice to buy and sell. For educational purpose only.

NACHATUR

After consolidating for more than 11 weeks, IOL CP has given a breakout from the descending trend line on good volumes. It should resume it's upward journey.It is week below 635. Positional target will be vicinity of it's previous high of 860. Disc. I'm not a SEBI registered advisor. This is only for educational purpose.

NACHATUR

Sunflag Iron has given a breakout on the weekly chart from horizontal resistance on good volumes. Prospects look good. Keep a stop loss below 50 and target 69, 90. Disclaimer: I am not a SEBI registered advisor. This is only for educational purpose.

NACHATUR

Tata Steel is currently in an uptrend. It is making higher highs and higher lows. currently, it's at swing low. it is good for swing trading or positional trade. Buy for target 444 stop loss at 399. Risk:Reward=1:10. Disclaimer: Not a recommendation to buy or sell. For educational purpose only.

NACHATUR Updated 

Aditya Birla Fashion has given a breakout from the Cup n Handle pattern. Volumes have gone up. It offers a high Risk Reward opportunity of 1:3. Keep a stop loss at 145 and Target of 223. Disclaimer: I'm not a SEBI registered advisor. Only for education purpose.

NACHATUR

There has been a very interesting Development in the market. Bank Nifty which was a laggard till recently, has started outperforming Nifty. Today it has given a breakout forming inverse head & shoulder pattern. Target is height of the pattern that is roughly 4000 points from here. However, resistance may come near 26400. Keep a stop loss below 18 days ema at...

NACHATUR Updated 

Moil given a breakout from the trend line. It's showing positive divergence with RSI.MOIL offers a risk reward of 1:2.3, Stop at 125, Target 169. Disclaimer: I'm not a SEBI registered advisor. This is only for educational purpose.

NACHATUR

Tata Consumer has given a breakout from counter trend which has continued for the past seven weeks. Positive divergence with RSI. Volumes are increasing. Buy for a target of 590. Keep Stop at 460. Risk:Reward= 4:9. Disclaimer: I'm not a SEBI registered advisor. For education purpose only.

NACHATUR Updated 

Excellent fundamentals, decent valuation, and growth. Price has given breakout on Cup and handle pattern and is ruling at 52W high. Buy on dips Disclaimer: Only for educational purpose. Consult your financial advisor for buying/selling.