1.#MAJESCO Daily chart trading near the Life time high and made rectangle price pattern if the price sustain above 803.00 ,we can see up move towards 1020.00/1150.00 level as per the fibonacci extension of 138.2.8%/161.8% with the help of 730.00 support level (Daily candle closing basis) and when price move in your direction always trail your stop loss as per your...
1.#CIPLA Daily chart trading above its Lifetime high and now price pullback its support Area.If the price cross and sustain above 773.00 we can see up move towards 890.00/990.00 level as per chart pattern with the help of 700.00 support level .
2. Company has reduced debt.
3.Company has been maintaining a healthy dividend payout of 17.93%.
For chart of the week...
1.#THE NEW INDIA ASSURANCE Weekly chart trading above the major resistance and now made a symmetrical triangle pattern in #Daily chart. After the symmetrical triangle breakout(above 122.5)and sustain above,we can see up move towards 160.00/170.00 level as per chart pattern with the help of 110.00 support level .
2. Till market recovery up to 35% to 40% from low...
1. Historically SBIN When price came near 150.00 level that always bounced and move upwards up to 32% to 36% (mentioned in chart) and after 35 % upmove then this stock pullback 18% to 23%(mentioned in chart)
2. At this time if u compare to the historical price action i think #SBIN pullback to 170.00 level .
3. As per historical price action 170...
1.#COSMOFILMS Weekly chart trading above the Liftetime high and if is sustain above 470.00 ,we can see up move towards 650.00/700.00 level as per chart pattern with the help of 425.00 support level .
2. Multi year high breakout with rounding bottom pattern and high volume .
3. Cosmo Films is engaged in the production of flexible packaging films. Company...
* The stock now consolidating in a range. Historically when this stock is consolidated the price always move upwards (showed by arrow mark in chart) then breakdown but this time the price consolidate in down wards (showed in arrow mark) .Thats why i think this time price move 25% to 30% upmove .
* Volumes are rising indicating increased participation...
1.#Godrej Consumer Products Weekly chart trading above the major #Trendline and if is sustain above 722.00 ,we can see up move towards 840.00/970.00 level as per chart pattern with the help of 660.00 support level .
2. This stock also made triangle pattern RSI breakout in weekly chart .
1. #HCL TECH Daily chart closed near resistance level with high volume breakout,if stock break 720 level and sustain above this we can see up move towards 780.00/800.00 level as per chart pattern with the help of 677.00 support level .