SaswataChandra

SaswataChandra

REPCOHOME is creating a flag breakout pattern. Buying at current level can give anything above 357. A similar pattern was identified in HEG LTD and that went huge. Recommendation is to go long with a SL of 323 and target 357+.

SaswataChandra

Classical case of bullish flag breakout. One can buy and keep if for long term as tremendous upside possible if breaches 1592.

SaswataChandra Updated 

LT trying to create a symmetrical triangle pattern. Convergence is visible. With NIFTY going up it will give a breakout.

SaswataChandra Updated 

Looks like ADANIPORTS trying to create a cup and handle pattern. Once can expect it to bounce back from 305-311 level. RSI is relatively low at approx 32 indicating a prospective buy.