CESC has been consolidating in a parallel channel for the last few months and has made few attempts to breakout of it but failed to do so, however it is once again trying to breakout of the channel and has volumes to support the up-move this time around. Wait for a decisive close above 700 on weekly charts which will establish the up-move and can take the stock...
NSE:KOTAKBANK The stock has been correcting for the last couple of weeks even when the banking index was performing now finally the stock seems to have found some kind of bottom around 1840 levels and has done that along with RSI divergence which makes this move more reliable. As long as the stock hold 1860 levels it can head towards 1911/1925/1955 Ideas...
NSE:GODREJCP The stock has given an inverted Head & shoulders break out on weekly and daily time frame, the move is also supported with decent volumes. The stock can head higher towards 820/850/880 levels in the coming weeks as long as 740 is not taken out on closing basis. Ideas shared are for educational purpose only.
NSE:HINDUNILVR Stock appears weak it has been making lower highs and has also given away its support around 2360 levels which it was holding for the last few trading days. Below 2350 the stock can slide down towards 2300/2280/2250 levels as long as it trades below 2390 Ideas shared are for educational purpose only.
NSE:HDFC The stock has been in a strong uptrend and has been making higher highs and higher lows now once again above 2760 the stock can head towards 2780/2800/2820 levels in the coming days as long as 2720 is held on the down side. All trading strategies and ideas shared are to be used at your own risk.
Heromtorco can head higher towards 3225/3260/3300 in coming days as long as 3070 is taken out on the down side. Stock has been consolidating in a range for the last few trading sessions and has finally broken out of the range on Friday with decent volumes to support the move. All trading strategies and ideas shared are to used at your own risk.
Britannia after hitting its 52 week high in July has been underperforming and consolidating for the last few months now looks like it has finally found some support around 3500 Britannia above 3590 might move towards 3650/3700/3750 in the coming days as long as 3530 is not taken out on the down side. All trading strategies and ideas shared are to be used at your...
Colpal has been consolidating in the range of 1560 - 1585 for the last week and has finally broken out of the range and looks like it might head higher towards 1615/1625 SL can be placed @ 1585 All trading strategies and ideas shared are to be used at your own risk.
Stock has been consolidating in the range of 460/480 for the last month and has finally broken out of that range last week and might move towards 510/520 levels.
After a brief consolidation the stock looks ready for another up move above 260 it might head towards 265/270/275 SL can be placed below 252 All trading strategies and ideas shared are to be used at your own risk.
After a small correction it appears stock might head higher towards 2600/2650/2700 as long as 2480 in not taken on the downside. All trading strategies and ideas shared are to be used at your own risk.