WEIZMANIND breaking out of a counter trendline with volume. Good momentum to be expected in short term. CMP - 116.50 Target - 137 SL - 102 Study the stock & Trade responsibly.
Weekly Analysis of Potential Breakout Stocks that are Undervalued.
RAIN INDUSTRIES looking for a good breakout above the counter trendline. RSI is supporting the move. CMP - 184 Target - 205/230 SL - 168 Longterm Target can be 254. Study the stock & Trade responsibly.
TATA STEEL is breaking the 200 ema with good volume and bullish RSI divergence. Expecting a small up move. Entry - Close above 107.10 Target - 113/121 SL- 101 Study the stock and trade responsibly.
JMC Projects is a fantastic company with superb fundamentals. Weekly timeframe - Inverse Head & Shoulder Pattern Great Fundaments + Even Greater Technicals. Moves up after creating strong bases and in orderly fashion. Entry - 132-100 Target - 180/ 220 SL - 75 Long Term Targets, don't expect in a month. Study the Stock & Enter
Prakash Industries good chance to capture 10-15% move. Showing good momentum. Entry - 55.70 (wait for little dip if possible) Target 1 - 59.85 Target 2 - 64.40 SL- 51.45 Study the stock & Trade responsibility
PATINTLOG broke out of a symmetrical triangle with volume. Expect movement in short term. Breakout level - 16 Target - 17.50/19.50 SL - 14.20 Study the stock & Trade responsibly.
MANAKSTEEL near 38-42 levels consolidated nearly 1 year. Showing some signs of a breakout with increasing volume. Entry - Strong Close above 44 Target - 54.50/58.50/63.50 SL - 39 Study the stock & Trade responsibly.
ANIK INDUSTRIES broke out of a counter trendline with good volume. Can expect a good up-move in short term. CMP - 41.50 Target - 50/58 SL- 34 There seems to be a minor resistance near 45 levels. Entering 50% after closing above 45 will be suggested. Study the stock & Trade Responsibly.
ANANTRAJ LTD almost near the 52 wk high. Entry - Close above 119 Target - 136.50/156.50/180.50 SL - 102 Study the stock & Trade responsibly
TRIL made a huge bullish candle with massive volume and broke out of a counter trendline. Entry - Close above 66 Target - 78/88 SL - 55 Study the chart & Trade responsibly.
SAMVRDHNA MTHRSN ready for a good up-move. Entry - 76 Target - 89 SL - 71 Study the stock & Trade Responsibly.
ASHOK LEYLAND broke out of counter trendline and should retest from 153 levels. That would be the optimum entry point. Wait for retest, there should be a big green candle. Entry - 147 Target - 160/167 SL - 142 Study the stock & Trade responsibly.
Capacite Infrapro broke out of a counter trendline with good volume. Entry - 158 Target - 175/192 SL - 145 Study the stock & Trade Responsibly. Would be safe to wait for a retest.
Breakout of ascending triangle + 52 wk breakout with huge volume. Sustaining above 54 on EOD basis, one can enter. Target - 64/73 SL - 45 Study the stock & enter responsibly.
GSFC is showing signs of a good breakout. Wait for the breakout to complete and enter safely, markets are super volatile right now. Entry - 147 Target - 156.80/169 SL - 135 Study the stock & Trade Responsibly. Safe Entry - Wait for the breakout & a retest.
IOC showing signs of an up move, after falling for 6 nearly months straight. Entry - Close above 70.45 (buy the dip) Target - 74 / 76.50 / 79.50 SL - 68.50 Views are personal, study the stock before trading.
NSE:JAGRAN is currently in up move with HH - HL formation. Near its 52wk high, closing above can take the stock to new highs. Entry - Close above 74 Target -82/88/96 SL - 65.50 Study the stock & Trade Responsibly