KSCL will soon hit the resistance of 624. Swing Target should be 622. However, the depth also shows for a target of at least 640 in the near future. Trailing Stop Loss will work. Results awaited
Round Pattern confirms the Target of 689 level.
STRONG BULLISH VIEW Reasons: NEWS 1. INR 50,000 crore fund raise via debt securities 2. Bank Deposits have risen 25% from a year ago CHART 1. Ascending triangle (highlighted on chart) giving strong support 2. Evening Star (Bear Pattern) has formed at support clearly indicates the bearish pattern will fail, backed by bullish sentiments and news. Trade Good...
Stock moved higher than first target of 448.95 level in first fifteen minutes today.
Bullish view in UPL for swing . Chart is self explanatory. Profit Positions : labelled with highlighted Blue Colour in chart.
Today in the last hour of the market, Bajaj Auto had a breakout to fill the day's gap down opening. Reason for the breakout was the entire day's bullish consolidation. My bullish view is further continued in the stock. The stock performed really well today. Despite a negative news of COVID cases in its largest manufacturing unit, it could still hold its uptrend...
I had a continued bullish view in swing. The analysis was further supported by the formation of morning star pattern in the last three days of the week (shown on chart). But the recent news of the death of workers due to COVID may blow the uptrend movement for a while. The uptrend resistance of 2900+ level (see chart) may come to play! Better to wait.
Bullish sentiment can be witnessed on the last day of the week