Stock can go to 2000+ if the breakout sustains. SL below 1800.
Reliance has been trading in the range of 1800 to 2400 for last 1 year. It is confirming a breakout with a a close at all time high today. If the breakout sustains then the stock may be headed to 2900
If it sustains above 160...can make a move towards 200...SL 150 once buy is triggered
Indiamart after a long consolidation is readying itself for a big takeoff. 2 levels to watch will be 7300 and 7500. If both are taken out and stock able to sustain above that then retest of all time highs of 9000 will be on cards
L&T is breaking out of a 5 year consolidation....I have posted this view earlier too...Stock is likely to test Rs 2,500 in times to come. SL below Rs 1550
Ingredients are in place for a possible end of correction in Mid Cap and possible reversal from here.
Stock is coming out of a 5 Year Consolidation in the range of 500 to 800. With change in promoters, new CEO and unlock ahead...if the breakout sustains then we may see the stock making eventually making a move to 4 digits
Can do 2200 if it sustains the breakdown. With auto index underperforming, CEO resigning, Ola launching their electric 2 wheeler there are multiple headwinds for the stock
While Nifty has broken out and Bank Nifty is trading above important levels and IT continue to shine, the Equal Weight Index has broken down along with Nifty Mid Cap, Nifty Small Cap and broader market Nifty 500. While there is a silver lining in them taking support at important moving average, given they have broken down on relative performance chart, all it does...
After all these positive economy date from the US and talks to taper by the Fed...DXY has failed to sustain above 93 for whole of last week...in fact it has made a perfect double top at 93.2 levels and it has fallen sharply from there on Friday...91.2 would be the next important level to watch...below that we may be headed for the retest of 89.5 levels...this view...
Can correct to 180 if it sustains below 225...watch out
Very Strong Breakout if it sustains above 36000. Keep an eye for a retest of all time high
Adani Ports if it sustains above 720 can make a big upmove..keep an eye
Watch out for it to take out the result day high of Rs 216 and then go long
Bharti has in the past twice given false breakouts to reverse after that. Unless Jio hikes price or Voda actually goes down under, I dont think they will break out about 620. I would recommend booking profits around 620 and avoid fresh longs unless one of the two events mentioned happens
HCL Tech is giving signs of breakout from a cup and handle pattern
Breaking out if it sustains above 36k. Long over due
Breakout from a range with good Delivery Based Buying