MUTHOOTFIN broke out of descending channel on an hourly chart with good volumes. Could be bought with mentioned stoploss & targets.
COROMONDEL broke out of triangle pattern as well as multiple resistance zone with good volumes. Could be bought with mentioned stoploss & targets.
ESCORTS is making 3 candle reversal pattern on hourly chart, although its not confirmed yet, so its a conditional buy. Buy above 1970 as it confirms reversal of these pattern with mentioned stoploss & target.
ASTRAL is taking support near 1380 levels which also happens to b 50% fib retracement level. As long as its not trading below 1380, there are chances of reversal from here. Assuming its Astral's reversal from here its a buy with stoploss below 1380 & target of 1430 +
HINDALCO broke above triangular pattern with good volumes on an hourly charts. Could be bought with mentioned stoploss & target.
JINDALSTEEL broke out of triangle pattern with good volumes on an hourly TF chart. Could be bought with mentioned stoploss & target.
HUL about to break out of triangle pattern on an hourly chart pattern with decent volumes. Could be bought with mentioned stoploss & target. Appreciation & suggestions motivates.
CIPLA broke out of edscending triangle on hourly charts with good volumes. Could be bought with mentioned stoploss & targets.
TRENT broke out of flag n pole pattern on an hourly TF with decent volumes. Could be bought with mentioned stoploss & target.
MCX broke out of descending channel with decent volumes on an hourly TF. Risk:Reward in this trade is very much in favour of bulls. Could be bought with mentioned stoploss & mammoth target.
KOTAKBANK about to break out of flag N pole pattern on hourly charts with good volumes. Could be bought with mentioned stoploss & target.
KOTAKBANK buy above 1904. KOTAKBANK made flag n pole pattern & broke out of it in yesterday's session, But couldnt get past 1904(previous swing high) If it manages to break past 1904 then its a not to be missed buy with mentioned stoploss & target.
M&M broke out of descending channel on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target. Please comment if you like my charting techniques, suggestions welcome.
AXISBANK is on the verge of breaking out of triangle pattern with good volumes on an hourly charts. Could be bought with mentioned stoploss & target.
PVR is trading in range of 100 points from past one month & its trading at lower end of the range. Could be bought here with stoploss below 1470 & target of 1590 Risk:Reward is very much in favour of bulls. Not to be missed trade, just like BATAINDIA, check Bataindia in profile.
TITAN is trading in reange from past 2 weeks & its trading @ lower end of range which is 2545-2560. Titan pulled back from day's low of 2559 & its defending that level on an hourly charts. Could be bought wih stoploss below 2545 & target of 2620.
HEROMOTO broke out of triangle pattern on an hourly charts with good volumes & comfortably trading above it. Could be bought with mentioned stoploss & target. Appreciation motivates to do more, if you think my work is worth appreciation then do appreciate please.
GODREJCP broke out of triangle pattern on 30 min TF with decent volumes. Could be bought with mentioned stoploss & targets for intraday.