NSE:GRSE Flag & pole are visible for GRSE in a weekly timeframe Once the Resistance is broken beyond 1700, we can take a positive position for the ATH target SL can be the swing low or between the range of 1366-1480
NSE:EMAMILTD Bounceback is happening from the current level of support of 600. Tgt for another 200 points with SL at swing low
NSE:BHARTIHEXA A range-bound ATH breakout is about to happen in the daily time frame. There can be 2 possibilities for the breakout:- It will straightway go for the breakout with some retracement It can touch its previous support of 1300 & then bounce back to try for the next time. Buy only after a strong confirmation with a strong bullish candle with a...
NSE:TITAGARH A parallel channel has been formed in Titagarh A double confirmation buy can be triggered when the price crosses EMA 44 with trailing SL. The rest of the explanation of the targets and SL has been marked in the chart.
NSE:DIVISLAB A strong bullish ATH breakout is about to be formed @6200-6250 with the potential to reach 6700-6800 in a few months. With a good R: R of 1.69 one can trade accordingly. The next big support is @ 5700 followed by 5500
NSE:JUBLINGREA Cup & Handle has formed in the weekly timeframe. Aim for 450-500 points upwards target for a long-term view of 1.5-2 yrs. It had tried to break the ATH in sept but failed to do so. Put a Stop loss at swing low for a good Risk Reward Ratio. This can be a strong breakout of over 3 years, so the trade conviction is higher.
NSE:HERITGFOOD Triangle breakout is about to be formed with EMA 200 crossing over. A confirmed breakout requires being above 520 and sustaining it. The target is the next big resistance, which is 645. Keep the SL at 475 or swing low. For lower risk, keep looking for big positive volume, with EMA 200 and 50 below the candles.
NSE:IOC The major resistance is at 180. A bounce back has happened at 130 levels and is expected to go on another chance of breaking the resistance. Buy @ 135 & sell @ 180 levels.
NSE:PAYTM After 2.5 years, Paytm communication is about to experience a weekly breakout. A breakout failed around October last year. This retest is crucial for the next bullish phase. A stop loss of 850 would be ideal which is the swing low. Buy above 1000 with a bullish candle & aim for an upward target of 1300,1550 & ATH.
NSE:TITAN A double-bottom reversal from the 3120-3140 level can be bought and the target can be achieved at 3750-3800. A bullish engulfing candle has been formed in the weekly time frame confirming the reversal. A stop loss to 3150 or a closer swing is advisable. The risk-to-reward ratio can be managed at 1:4.
NSE:CASTROLIND A Reversal from support is seen from the 188-189 level with good vol in a daily candle. The initial target is @ 240 with SL of Swinglow
NSE:INDIGOPNTS Parallel channel support is at Indigo Paints with buy at 1510
NSE:JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels. Another bullish signal is the crossing of the EMA 200
NSE:CNXFMCG A major correction has happened in FMCG sector after which a strong reversal can happen in the form of bullish engulfing or hammer candlestick in weekly timeframe If it takes the support of 55,000 and forms a bullish candle, it will reverse from the current support. If it breakdowns below the 55,000 mark, it can correct up to 50,500 & 45,000...
NSE:BANKBARODA A trendline retracement has occurred, with EMA 44 crossing over, which indicates the stock's bullishness. Buy at the current level with the SL at the swing low for the first target of 280 and subsequent targets by trailing.
NSE:MAPMYINDIA Triangle breakout is about to happen after being in consolidation for 170 days. A target of 2300-2600 can be achieved with the SL of the recent swing of 1970.
NSE:NIFTY On Indices analysis, we are looking at some of the top Indices at the weekly level. It is clearly visible that Nifty is on the bearish side and holding at key support. The next key support could be 23,500. Last week's bearish candle somewhat engulfed the previous bullish candle, confirming the downtrend. The rest of the other Indices are also looking at...
NSE:DEEPAKNTR A clear channel breakout could be seen with a bigger bullish candle & EMA 44 crossing the bullish candle. A doji reversal reconfirms the bullishness of the stock The target is ATH.