Can rally hard if it sustains above 300
Can it form a potential double top here ?
If it sustains the breakout then 650 on cards soon
Huge delivery volume in last few days...Aluminum prices are at record high....may be the next metal stock to take off...it just needs to sustain above 64-65
After a strong bounce yesterday after TVS surprised streets yesterday with good margins, Eicher is expected to resume downward journey. It has a confluence of resistance 21 VWMA and 55 VWMA. If stock now sustains below 2600 it can be in for a decent correction.
Buy with a SL of 2500 on closing basis
If it sustains above 20 VWMA then it can make new high in days to come
ICICI Prudential rallied hard over last few days on back of strong quarterly numbers. It is showing very preliminary signs of reversal from a zone where it had formed a top multiple times in the past. Worth attempting a short as stop losses are tight and rewards can be big
Looks like Bank Nifty is set for a breakout with confluence of multiple breakouts at one point....lets see if it sustains above 32,500
Good breakout on cards if it sustains above 4900
If it sustains below 800, then a move to 700 cant be ruled out
ICICI is on the verge of a possible breakout. Watch out for sharp move if it sustains above INR 572
If it sustains below 1500...a move towards 1350 cant be ruled out
Escorts has given a breakdown with strong volumes.
Will gain thrust is sustains above 345....
Huge delivery buying in last few dasy...multiple breakout on cards
Bouncing after Breakout Retest...have announced capacity expansion after ages...can be a rerating candidate..breakout target works out to 450
Bank Nifty had bounced back multiple times between 32,300 and 32,500 last week. It can potentially turn into a new resistance zone in short term