PFC likely to take a breakout form current resistance levels. A Long candle formation near resistance looks strong. Entries may be done post breakout once stock price sustains above breakout levels fallowed by decent volume
SUNPHARMA seen breaching resistance levels here at Rs.700. Stock in a continues uptrend and is now breaking the earlier resistance suggesting the uptrend to continue for some more time. Keep watch.
Wabco India is in a long term side ways trend. Almost since 2016 to till date price moving in a range. Volumes seen increased after recent lows. Two highs and two lows as market with arrow. Keep watch.
INDIAN PHARMA SECTOR tight in bulls control and flying high. Sector is in strong uptrend. A higher high and higher low formation on the chart likely to be continued. A breakout from here will see the price movements in uncharted territory. Once can focus on Indian Pharma companies for decent gains....Chart is for educational purpose. Keep watch
NILKAMAL LTD is seen edging at all time high levels. A formation of higher high and higher low is on the chart. A possible breakout likely to take stock price at all time high, forming a new higher high on the price chart. Just a remainder here is that this breakout should be accompanied with rising volumes. Keep on radar
Do you know that once the breakout is confirm, you can predict the next level of resistance approximately equal to channel height on and above breakout. In current case of SBIN if this breakout is confirm the trend may go higher approximately equal to height of previous price ranging channel(before breakout). Keep Watch
CCL Products progressing a Monthly Trend Line Resistance Breakout
Mangalam May do good on price chart
Pharma sector likely to trade more higher. A new breakout will take the index in uncharted territory. Huge potential unlocking may be seen in some pharma stock prices.
ESCORT has extended its harmonic Pattern near 1.618 at 1110.00. Reversal may occur. BUY zone at 1055.00 to 1110.00. 1055.00 likely to be a extreme level.
A Bullish Engulfing Pattern has been formed on the counter of FORCE MOTOR. Keep Close Watch.
IOLCP looks forming good pattern to rally upwards. Fundamentally a good company to look into.
QUESS likely to form a BULLISH candle pattern here. Keep watch
VARUN BREVARAGES almost retraced the levels. Keep Close watch
VOLTAS a trend start likely from here
CADILA has seen a long bear candle yesterday along with rise in volumes
WEEKLY CHART 1. Bullish Hammer Pattern 2. Bullish Engulfing on daily Chart 3. Almost close to 50% retracement of current rally.