Breakout after an ongong uptrend. Note; This is only an analysis not a recommendation.
Once we see a bullish sign here, I suggest its a buy signal for LTI to reach the next level and that is going to be 700 odd points for it to reach 5000. Its a good RR with a stop loss around 4200. Please note, this is only my analysis and not any tip. Kindly trade at your own risk
Lets look at these levels closely. The stock has shown super momentum in last few months and is ready for the next part of the rally after the breakout from the current levels. I would recommend to wait for a retest before entering. My target would be around 70 with a strict stop loss of 37.
In a falling market, this stock shows good strength and resulted a good move of almost 4 percent
Ready to show a good run. Dabur shows a bullish engulfing at the right support area. Also, taking support from 20 SMA. Its a good buy opportunity for 30 points.
A cup and handle pattern is clearly visible on the daily charts while on the weekly charts, stock has broken a long-term resistance around Rs 76. I would consider this pattern to be bullish and targets of around 110 can be seen in a few weeks. We can expect a minor consolidation before a breakout and those can be very good levels to enter the trade. Kindly note,...