Grasim, posted strong numbers ! A nice Inverted H&S pattern breakout done. Buy @ 2825-2800 SL 2630 Target : 3250++ RSI is above 60+ MACD is Positive and giving a cross over along with DMI showing Strength Stocks looks super strong!
Flag Pattern Breakout above 5950 Pole Height : 1250 SL : 5565
A good Flag Breakout Fundamentally also the stock looks strong. Breakout above 705 SL 680 Pattern Breakout Target : 805
Falling Wedge. Breakout above 1190 SL 1050 Target - 1350-1450 A nice positive divergence along with falling wedge.
A reversal pattern at the bottom. Inverted H&S pattern. Breakout has been done. Breakout zone - 368-375 Support Zone - 345 Pattern Breakout Target Range - 455. Volumes are low as of now. Fundamentally Crude is falling which will increase the margins as well.
Overall most of the bad news for Indus Tower have been behind it post the Idea news where govt has converted the AGR dues. Strong Business and business growth. Buy @360-365 levels SL 310 Target : 460-570-680 Long Term Trade (Above 18 months) #Indus Tower
A strong move today, and has given a breakout from an inverted H&S pattern. Breakout at 6300 Target : 7225 Sl 6100
Nifty is creating a bearish Pattern, Breakout Point is below 23260 level, a bounce should be seen till 23800-900 max from here. Sell on Rise
Finolex Pipe has created Falling Wedge pattern, it has minimal volumes in this fall from 340 level. Breakout zone is above 250 level. Buy @ 240 level SL 225 Target of the pattern is 340-350 level. Time Frame : Short Term.
A Strong buying seen by Fii and Dii in this stock. Stock has given a cup and handle pattern breakout @ 190 level. Buy @ 190-195 Sl 150 Target : 230-260-310 Time frame : Medium Expected return : 60%
Nifty and Bank Nifty have given a good strong closer. It seems that both the indexes will take some halt before they start another up side journey! Overall we should see choppiness and volatility in both indexes. Traders kindly take care while trading.
Cup and Handle breakout Breakout zone : 950-955 Stop Loss : 800 Target : 1200 - 1460 Time Period : Medium Term (6-18 months)
Nifty has created inverted Head and Shoulder Pattern on 2 hours chart. Breakout is still pending, breakout is above 24350 level, target for the same is 25400 level another 1300 points journey. Nifty this weeks Support : 24080 - 23950 - 23800 Resistance : 24350 - 24550 Bank Nifty is creating a flag pattern and also has a big gap between 51200-51700 level....
Strong closing in Nifty on Friday at 23900+ level. We should see a strong gap up post Mahrashtra state elections results ! Expecting Nifty to give a gap up opening !! We should see a gapup and a small sell off / profit booking post which Nifty should settle around 24100 level for any further upside move. Nifty Resistance : 24200-24500. More upside will...
Looks like NIFTY and Bank Nifty have entered a sideways zone, Nifty Range Upper / Resistance : 24500 Lower / Support : 23900-23800 Bank Nifty Range Upper / Resistance : 52350 Lower / Support : 51150 #Nifty #BankNifty #Sideways #Patterns #Trend #change
Nifty and Bank Nifty have consolidated in the past week, Nifty has resistance at - 24500 -24700 Support : 24100 will act as laxman rekha for any further upside. Bank Nifty Resistance : 51700-52300-52600 Support : 51150-50350 Bank Nifty is creating a W pattern breakout above 52600 for a target of 55000
Nifty and Banknifty are taking supports of trend lines and support zone! Next week is going to be crucial for the markets. Nifty Support zone : 23900 Resistance : 24400-24600 Bank Nifty Support Zone : 50100 Resistane : 51400-51700
Positive Divergence in NIFTY in Daily, 2 hours chart. Any close above 25000 levels will open doors for 25200. above tht 25500-25777 would be seen. Bank Nifty is creating cup and handle pattern in the short timeframe of 2hours. Breakout has been made, from here it has hurdles every 200 points 52400-52600-52850-53050 level. Bank nifty is poised for more upside but...