VISAKAIND has given a rejection from 700 level!! However we do have a break from symmetric triangle!! If we see a close or sustain move above 700 then we see 800!!
BPCL on daily is forming bottom with a morning star candle stick pattern followed now with a bullish harami candle stick pattern!! If tomorrow price breaks above todays high with volumes and sustains on lower time frames, then it is an indication that price will continue for 455-450 as first target!! Stop should be below the recent low of 400!! CCI 100 has also...
LICHSGFIN is out of long correction period forming double bottom pattern and giving breakout above the falling trend line! Double bottom pattern also got retested (recently) marked with green up arrow! Keep stop below 530-520 and ride the uptrend!
Gayaproj can be entered on closing or sustaining above 220 on daily time frame! CCI and Price moving in equilibrium! If price breaks above 220 and CCI 100 breaks above the falling trend line would be a good entry point
Watchout for KSCL!! A close or sustain move above 525 will be good for upward momentum!! Ride with a stop below 480
Long Ace Construction only if last high is broken on daily!! Good symmetric triangle breakout possible!! CCI 100 is also to cross 100 level if breakout sustains on daily!!
Ceat has crossed above 1615 resistance!! Now any dips can be bot with a stop of below 1560!! There is a good divergence observed on CCI 100 and a breakout also given on pattern formed on CCI!!
ASAHIINDIA only to be entered on a close above 360!! Nice symmetrical triangle !!
Long position to be initiated only above 54 !!
DYNPRO can be entered on breakout above 210 for a target of 230 to 250 with stop below 200 !! Nice symmetric structure with CCI100 crossed above zero level!!
Apex Frozen Foods taking support on 100 EMA on daily and on verge of good break!! If 720 crossed then would be a good bet to enter long!
ASIANPAINT you guys know what to do if Asian paint breaks above the falling trendline (abv 1180) and what to do if breaks (below 1120)!! Price action is quite self explanatory! :)
Currently heritage foods is near to the falling trendline which could act as as resistance!! On CCI indicator momentum has already given a breakout!! If price also supports and follow momentum above 790! Stock can rise to a new high in medium term
HCLTECH has given good breakout today above 980!! One can enter at cmp or wait for some retracement to 970-980 area! CCI after numerous attempt to break above 100 level has finally broken to upside indicating price and momentum both in place on breakout!!
Elecon moving with good volumes and price action!! a break above the trend line and a closing above 86 will take the stock to 95-100 levels easily, keeping a stop of 78!!
Finally Biocon is all set and ready for good breakout! All signals in place, price to breakout from reistance and CCI 100 just crossing above 100 level. If break sustains above 650 then probability are it will be a good breakout!!
VGUARD has a good symmetric triangle formation. Price move is supported by volumes and CCI 100 breakout above 100 level for momentum. Most likely it will continue to the upside to give another 30-40 point move. Stop should be below 230!!
LUMAXTECH above 900 on sustaining or closing. Last bar shows rejection from level of 900, so if the buyers are able to take prices above 900 tomorrow and make it sustain then we see further rise! CCI took a beat down by reversing after touching 100 level today. Tomorrow if price moves abv 900 then cci will also enter above 100 level depicting momentum