NSE:LAURUSLABS A bullish parallel channel breakout has happened with a retest at 550 levels. Currently on a weekly level stock can go past 600 with a buying price at 570-580 levels & subsequently increase beyond 600. A SL of 450 with a higher target of 700, 900 & 1100 can be achievable in 1 1-year time frame.
NSE:MEDANTA In a daily time frame, a good volume breakout with a large green candle has a breakout. Lookout for SL @ 1000 level & buy at 1170 levels with targets at 1300, 1500, and subsequently #quickanalysis
NSE:ANGELONE Breakout in angel one is possible after it crosses & confirms 2600 Put a SL at the swing low at 2300 levels Aim for the targets of 2900 & 3000 for the 1st & 2nd one.
NSE:AARTIIND A parallel channel breakout is happening at 415 levels. So for a swing trade buy at 425 levels & with fib retracement 1st target is 515 & 550. The SL would be at 390 or a swing low.
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.
GETTEX:NSE : ZEEL A parallel channel breakout has formed in Zeel at 125 levels with a breakout. 1st target is to be achieved at 142 with 2nd to be at 152 on daily levels SL to be the swing low which in this case would be 118
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: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