Gravita needs close abv 180 for break from symmetric triangle! CCI 100 has crossed 100 level, see if it sustains this time above 100!!
Donear testing 100 day exponential moving average (DEMA)! Last five candle tells the whole story!! Sellers have tried to push the price down from 6th april with a pin bar formation. However buyers have managed to push the prices again near 100 DEMA from 55-57!! If we see a close above 65, means buyer have an upper hand and stock can move further north!! Stop...
IBVENTURES weekly breakout on price and cci 100!! Accumulate on dips or cmp for long term investment
Stock is in good uptrend backed with volumes! CCI 100 has given bounce from 100 level!! Need to see if price breaks now above the high of 13th April to make new high!!
Auropharma reaching for important resistance zone of 630-640. If it sustains above this level then more upside possible with double bottom formation in place! If not then auropharma continues its down journey!! To make a note on CCI 100, the readings are getting closer to zero level. If on CCI shows a knock down from zero level then down trend has more probability
Zuari breaking above two falling trendlines with good volume and price action!! Above 540 it will explode! CCI 100 has already broken above zero level marking reversal from current downtrend/sideway move!!
DEEPAKFERT may experience some turbulence with 380-370 being a resistance and gap down zone!! One can still ride if entered at lower levels with a stop of 340 for a target of 440-460!! New entrant can enter on dips with 340 as stop or on break abv 380 closing!! Good thing is it has taken support on 100 DEMA and bounced with a strength candle, chances are it will...
EXCELINDUS Continuation pattern on daily!! A close above 950 is crucial for the stock to see more upside momentum!! Target if closess above 950 is another 150 point consider the pattern size!!
break above 290 for 320 as 1st target on short term
Godrejcp has given a breakout from ascending triangle on daily with good volumes and CCi 100 breakout also indicating good momentum!!
Keep pittilam in watchlist for a break above 92! Price has been rejected from the level twice, if crossed above that then we can see more upside.
Nifty in todays afternoon session was pushed back towards the high. Most probably tomorrow morning also buyers will try to push it to a new high of 10617-10620 which is the start of resistance zone.Nifty may either correct sharply or continue small rallies consolidating in the zone of 10620 to 10730. Good thing would be to stay neutral and wait for further price...
CUB can be a good candidate for long term investment if it breaks above 185 on weekly closing along with CCI 100 breakout from triangle formation!!
EICHERMOT revesal possible only if it clears 29100 on closing. Short term target for long is 31000!!