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.
TITAN broke out of descending channel on shoter TF with decent volumes. Could be bought with mentioned stoploss & target.
MUTHOOTFIN broke out of descending channel on 30 min TF with decent volumes. Could be bought intraday with mentioned stoploss & target.
Cholafin broke out of flag N pole pattern on 30 min TF with decent volumes. Could be bought with mentioned stoploss & target.
RELIANCE broke out of triangle pattern as well as butterfly pattern above(2359) with good volumes. Could be bought with stoploss of 2325 & targets of 2400/2420. Note:- Reliance results tommorow.
PIDILITE made butterfly pattern on hourly charts with good volumes & trading comfortably above breakout point. Could be bought with mentioned stoploss & target.
BATAINDIA again took support around 1380 & bounced back, this is fifth time bataindia is not breaking below 1380, BATAINDIA is trading @ lower end of range which is 1380. BATAINDIA could be bought with stoploss below 1380(lower end of range) & Target 1445(upper end of range) Extremely Bullish Risk:Reward...
PVR broke yesterday's high & in high probability it looks like PVR is on its way to complete its rounding bottom formation. Could be bought with mentioned stoploss & target. Pattern negates if it breaks below 1512.
M&M ABOVE TO BREAKOUT OF ASCENDING TRIANGLE PATTERN ON 30 MIN tf with decent volumes. Could be bought with mentioned stoploss & targets.
TRENT made flag n pole pattern on an hourly charts with good volumes, although, it hadn't broke out of it yet. Safe traders could wait patienty to break above 1364 then enter with mentioned stop & target. Aggressive traders can buy here add on dip or add more above breakout with mentioned stoploss & target.
METROPOLIS broke out of flag pattern with good volumes on 30 min TF. Could be bought with mentioned stoploss & target. Risk:Reward is very much in favour of bulls.
UPL on the verge of breaking past descending triangle above 743, loaded with good volumes on 30 min TF. Could be bought here or above 743 with mentioned stoploss & target.
PEL broke out of flag n pole pattern on hourly charts, safe traders can wait for confirming candle of 15/30 min TF closing above 701 level, aggressive traders can buy here with mentioned stoploss & targets. Not to be missed breakout as RISK:REWARD is very good. Could be bought with mentioned stoploss & targets.
MFSL broke out of triangle patern on 30 min TF with decent volumes. Could be bought with mentioned stoploss & target.
CumminsInd took support @ 1550 & bounced back, previously it took support @ 1550 & made new high, as long as cummins stays above 1530 (which happens to be its 50% fib retracement level) its a buy. Risk:Reward very much in favour of bulls. Could be bought with mentioned stoploss & targets.
AXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term. Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
HUL broke out of descendng channel on smaller TF with good volumes. Could be bought with mentioned stoploss & target.