1) Closed above supply zone with good volume. 2) Momentum picked up in last 2 days. 3) Bullish divergence on RSI 4) Stock trading above 21 EMA 5) Close to breaking the 21 Day high. Buy with a SL 214 DCB.
1)Stock has taken the support from the demand zone multiple times. 2) The latest candle is a wide spread candle with a good volume. 3) Close above 21 EMA. Buy with a SL below the demand zone.
BERGEPAINT has bounced from the demand zone and forming HH and HL. Buy with a SL below 708 and tgt 775/794/820+
Stock has BO from the previous support turned resistance zone with a good volume. It has also boken out from the trend line. Buy with a SL below 22.2
Chart is self explanatory. As always, trade with a SL.
Stock is making Higher Highs on weekly and closed above 21EMA. My only concern is volume but I am expecting it to pick in coming weeks. As you can see that the stock is also trading in a channel, expecting the stock to take the channel support and cross 350+ soon. Maintain swing low(263) as a SL.
CIGNITITEC is trading at demand zone on weekly chart. RR is favouring, buy with a SL 309 on closing basis. TGT- 385/448/488
FCL has bounced from the demand zone and also closed above 21EMA with a wide candle and above average volume. It has also BO the previous high. Considering all these factors it's looking for a good buy at these levels. You can also wait for the PB to BO area and enter. As always maintain SL below the swing low i.e around 56.
Stock has broken out after almost 3 months with very good volume. Buy around 411 with tgt 512 and SL 353.
Expecting the stock to reach around 240 levels. Stock is correcting from the highlighted supply zone but I am expecting the stock break it. SL closing below 148.
As you can see on the chart, stock has bounced from the demand zone a few times before and took the same support again and It has moved up with good volume too. Stock is a bit struggling to cross the supply zone highlighted in Red. If it manages to cross and close above it, we can expect a good run. Buy with a SL below the demand zone on closing basis.
Add this to your watchlist. Wait for the bullish candle, Today it has come down on less volume which shows that there is no much selling pressure. Expecting the stock to pick up soon.
Stock has closed below the trend line but it's clear that it's a shake out candle based on the volume and next massive candle. It has to break the supply zone to continue the move.
IDBI is looking good on Daily and weekly chart. It has pulled back to the breakout zone and formed a bullish engulfing candle. Buy with a SL below the demand zone on closing basis.
HEIDELBERG is looking good on weekly and daily chart too. It has bounced back from the demand zone. This week closing is very important. Stock might break previous high and create a new ATH.