The script shows a triangle breakout with a long green candle closing strongly above the trendline. Huge volumes are being traded. A good stock for long-term as well as a short-term trade. Expect a good move in the next two months.
PVR chart shows a clear breakout and the rally has begun. Add on dips for good short-term returns.
Triangle breakout... Can go long for targets 1480 and 1505.
Hindustan petrol in the daily chart had broken out of a triangle pattern, had given retracement, and is on a rally. Oil stocks look good even in the near short term. All the best!
The 2hour chart of the nifty energy sector is shown here. We can the script had just crossed the previous high level. By parallel channel pattern, we can see another 1500 points rally in this sector before facing the stiff resistance line. The energy sector stocks and their weightage are given below. Reliance Industries Ltd. 31.30 % Weightage NTPC Ltd. 13.29 %...
A good triangle breakout in this small-cap stock. Targets are 380 and then 415.
Sun tv is a fundamentally good script for long term investment. It offers good dividend for its investors. The stock is at the best price now for investing. It is at the support trendline. The price is much lower than intrinsic value. Start accumulating, add more on dips and forget for the next one year!
GAIL in a 2-hour time frame shows a triangle pattern with support at 141 to 142 levels. The sector has been performing well but GAIL is yet to make a decent move. I'm hopeful of a breakout soon. If the script falls to 141 to 142 levels can accumulate more with one rupee stoploss. Should be a good bet...
Following the successful trade in Navin fluorine, I'm going all-in for Alkyl amines. A beautiful symmetrical triangle is being formed in the chart of Alkyl amines. The script is trading near its support trendline. Watch for upwards breakout. I'm entering now and will add on dips. Stop-loss 4000. Targets 4700 and 5200... For risk-averse traders entry above 4300...
The resistance trendline is broken and the script has given a rally. I'm expecting a target of 6450 (approx 6.5%) in the next one to two weeks.
The support and resistance lines are followed by the script. Looks like a good buy at the current price. Target 180 to 190. Stop-loss 138 with a risk-reward of 1:5. That is about a 27% upward move over 4 to 8 weeks. Triangle patterns are my strength, but this script is trading near its support zone. Should work out well...
Looks like we have a breakout this time in the charts. Safe to enter above 500... For long-term benefits...
A breakout through the resistance trendline can be seen. Good to go long for short term (3-6 months) & long term.
The script had broken out of all resistance levels and is trading at an all-time high now. NEXT TARGET 6300...
The script had broken out of the triangle and is marching ahead. Next target is 2665 which is still a good 5.5% away...
Good technicals. Wait for the breakout. Targets on either side have been shown on the chart. I'm staying bullish, but please enter only after a clear breakout next week. If it falls, try shorting in intraday trade. Happy trading.
A good triangle breakout and rally in the script... Enter above 2050 for a short-term first target of 2170. More rally to come...
Axis bank chart shows a breakout from a triangle pattern. I'm not a fan of banking stocks for short-term trades. But, technically this script shows a clear breakout. This script also forms an inverted head and shoulder pattern with a neck line at 800. 760-770 level should act as a support. Long-term investors interested in this stock can start buying and add...