Electro Steel Casting Limited buy 17.50 to 18 range with the stop loss of 15 and the target of 25. always trail ur stop loss.
If this index H & S breakout happen and sustain above neck line we show a big move in this below stock. watch below stock after index breakout. Nifty Consumption INDEX Alkem Laboratories Ltd. Apollo Hospitals Enterprise Ltd. Asian Paints Ltd. Avenue Supermarts Ltd. Bajaj Auto Ltd. Berger Paints India Ltd. Bharti Airtel Ltd. Britannia Industries Ltd. Colgate...
Bandhan bank made continuation H & S pattern above 200 sma is high probability set up. Set up active if gap up on Monday (09/11/2020).
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...
Observation - 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...
Part-2 of bank nifty chart analysis
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...
Observation - * 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...
Now nifty is no trading zone one more trading days required for more conformation trend.
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.#HINDZINC Weekly chart trading above the major #Trendline and sustain above it, Now we can see up move towards 290.00/330.00 level as per chart pattern with the help of 195.00 support level .
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 .