as the nifty chart is forming a doble top and neckline of 16800 will make as support but the current situation is not supporting the chart and we can expect the market enter into a short bull cycle and we can see price of 15500 short term .
As hawkins cooker break all time high level this week we can expect stock to give another 15 to 50 % return in short to mid term, for short term trader entry/hold with a stoploss of S1-6080,S2-5790,Target of T1-7000,T2-7500,T3-9000.For long term investor if price fall to 5800-6100 level then best level to entry otherwise enter with small quantity @ CMP
As we see cup and handle pattern in TEJAS NETWORK ,we can expect price to move towards 220 a minor hurdle to 250 major hurdle. A return of 10 -25% with in 3-6 month
AS We see huge volume buying in MAHA BANK for last 4 to 5 month and rounding bottom pattern breakout we can expect a good rally from here as volume support the price.
Bajaj auto if sustain to close above 4190 on weekly basis than we see a good up side move of 20% for a TARGET OF 4990
WE CAN observe PG ELECTROPLAST as it may form cup and handle this week
AS we observe cup and handle pattern we expect good move happy trading enjoy your coffee or tea what you prefer
In ASALCBR as we observe cup and handle pattern we can see good move from this level HAPPY TRADING ........
AS gold above the trend line if continue traded above 1880-1890 level than we expect a move toward 1965 as we see 1878 is the resistance level it test multiple time and came down and now it around that level if traded above we expect good move RSI ABOVE 70 ALSO GIVE A STRONGE APPROACH TOWARDS MARKET
HINDUSTAN ZINC closing above all time high we can enter at CMP with stop loss of 320 for a target of 400-410 in short time duration
DR REDDY LABS CUP AND HANDLE ENJOY YOUR COFFEE OR TEA WHAT EVER YOU PREFERRED
AS WE OBSERVE DOUBLE TOP ON HCL TECH IF TRADED BELOW THE NECKLINE AND BELOW 895 WE CAN SELL FOR 1ST TARGET-850,2ND TARGET-800 WITH 1ST STOP LOSS AT NECKLINE 910 AND 2ND STOP LOSS OF 925
VOLTAS LTD bullish flag breakout we can see 20% move as it down 20% from all time high we can forecast a move from the breakout 1st target -1195 and 2nd target-1275 with a stop loss of 920
BHEL looks bullish with huge supporting volume if sustain to move above 1st - 57 and 2nd- 75 than moves towards 100 with in 6 to 12 month........
somany ceramics breakout above 460 and we see target of T1-537 , T2-645 in short span of time (2-3 week)
we see on the chart a major breakout happen in the hindustan cooper after 9 year of gap it will cross 170 level we buy for a target of 300 with stoploss of 170 for short term the level you see on the chart FUNDAMENTALLY BASE COPPER PRICE MAY CROSS 1000 LEVEL WHICH IS 25% FROM CURRENT LEVEL BENEFICIARY HINDUSTAN COPPER AND HINDALCO THESE TWO MUST BE IN YOUR PORTFOLIO
we can buy tata steel bsl at current market price with a first stoploss of todays(10-05-2021) low 98 and second stoploss of 85 which appear on recent red candles low on daily time frame for 1st target of 135 and 2nd target of 155 . logic behind the trade is 1- we see a large rounding bottom with breakout 2- for stoploss we use todays(10-05-2021) low and recent red...
TATA STEEL LONG PRODUCT LOOKS AWESOME as it shows WEEKLY GAP UP in this week and if sustain to break the ALL TIME HIGH OF 1065 on weekly basis THAN it expected to make new high off 1600 with in 3 - 9 month interval and may be 2000 who's know ??????????