Stock had broken out. Now the stock has retraced and retesting its breakout level. The area has confluence of EMA 20 which is also acting as support. the stock has shown reversal signs.
Stock has broken out earlier and this is second retest of the breakout level. Strong closing here can be a good sign.
Indusind Bank had given a breakout recently and after that has taken support at DEMA 20. Further the stock has also formed candlestick pattern Abandoned Baby Pattern.
Arvind Ltd is in consolidation for some period. Today the stock has formed a strong candle in the consolidation zone and it looks like the stock can give a good upmove. Low Risk High Reward entry.
Suppetro was in a Lower Low Lower High structure. Recently the structure was changed and today it has confirmed the reversal by forming HH HL Structure.
Supreme Industries has given a Inverted H&S breakout today. The stock look poised for a good upmove
Aarti Industries a strong up trending stock has given a fresh breakout after some accumulation and consolidation.
Astral is in a strong upmove. After recent accumulation phase, the stock has given a further breakout.
Grindwell Norton had given a breakout. Today it has retested the breakout level. Low risk high reward entry
The stock has been consolidating for some time. Today it tested its previous breakout level and has shown some strength. Can be used for low risk entry with higher reward
TVS Motor was in a downmove for quite a some time. Now the stock has given a breakout above downward sloping trendline and today has also formed HH HL structure. Can be a low risk and high reward setup playing out.
NHPC had given a breakout recently. Today the stock has fallen around the breakout level. But the testing volume is very low thus can be a good low risk buy entry
The stock was not performing good recently. Today the stock has given good breakout with a strength candle and rising volumes
Balrampur Chini was consolidating for quite a sometime. Today the stock has shown signs of again gaining momentum. Can be a 1-2 months trade
Stock took support at 20 EMA. Today has shown a good candle. Low risk pullback entry possible
Honaut has given a reversal recently and has given a breakout today. Abandoned Baby Pattern
Stock was consolidating in a zone with a lot of volatility. Now the stock has given a clear breakout. Can be bought in tranches
IRB Infra after consolidation today opened Gap Up. The stock has given a strong candle and Infra stocks as a whole are performing well, so it can be a good bet. Can be bought more when it retests