Thestocktechnicals

Thestocktechnicals

we have spotted yet another major breakout in LT, it has been in a channel since 2007, this might be a good opportunity, It already broke the channel, Now we can see higher levels, if it corrects, it might test 1590 levels and then move higher SL should be big for 1M timeframe analysis and the targets too

Thestocktechnicals Updated 

MOTHER SUMI has regained it's previous support level, and it has broken a major trendline it might test higher levels in coming days we can set a target upto 250

Thestocktechnicals

PFC has been forming a long term TRIANGLE pattern, and now it is at the verge of breakout we can see higher levels after the breakout, we can enter above 153 and the SL will be right below the upper trendline, 137-140 will be a support level, if the breakout fails it might return to the lower trendline make sure you maintain your SL's if u want to enter 168 nd 190...

Thestocktechnicals Updated 

SWSOLAR has been in an expanding channel pattern and it is it at the resistance level appears to be ready for a breakout, it has huge upside potential if it breaks the level, it might move higher to fill the gaps that are formed in the past, Wait for a strong candle to close above the trendline, that will be a good entry

Thestocktechnicals Updated 

TATA MOTORS has broken a major resistance level and it appears to be taking support now, we can take a long position after it bounces, the upper resistance will be the target

Thestocktechnicals Updated 

DR LAL PATHLABS is at a proper support level and it appears to be bouncing from the support entry above 3820 and the targets will be 3900 and 4050

Thestocktechnicals Updated 

raymond is at the support level, if it sustains above the structure support level, there is a high possibility of reaching higher levels, we can enter above 440 nd the target will be the resistance level

Thestocktechnicals

bharatforg has broken out of a triangle pattern we can see higher levels if it sustains the breakout 785 will be the entry, and we can hold it till it reaches 820-830

Thestocktechnicals

LT has given a breakout from a wedge pattern and it has now come to retest the upper trendline we might be able to see the higher levels if it sustains above the upper trendline, entry above 1750 nd we can hold it for 10%

Thestocktechnicals Updated 

BPCL is moving in an extending channel pattern It could give a good move after the breakout 490 will be the first target, if it fails, it may take support at 445 which is a support area

Thestocktechnicals Updated 

SBI CARDS is at a perfect support level It has filled the GAP and faced the resistance there's a high probability that it will bounce back from the level, 1045 should be the first target we can expect higher levels in the coming days

Thestocktechnicals Updated 

HDFC LIFE has bounced back from it's major support now it has reached the resistance, there's a good chance that it will break the resistance, if it does then the first target will be 700

Thestocktechnicals Updated 

TATA METALICS, has corrected a bit nd reached it's support levels, nd there's even a trendline that has been tested today, we can expect it to bounce back from here. Targets can be 1260 nd 1340

Thestocktechnicals

EMAMI has been forming a pattern and it appears to be broken in the lower timeframe with good volume, but in the daily timeframe it hasn't broken yet, It'll gain momentum once it crosses 600. we'll wait till it crosses and then we can get into the trade, it could even come back to it's support levels and then bounce back, with the target 675

Thestocktechnicals Updated 

MUTHOOT FIN has reached it's support level it's the first time for the stock to test it's support level, it's has a high probability of bouncing back we'll ignore it if it breaches the level. if it bounces, the first target can be 1450, nd the 2nd- 1520

Thestocktechnicals Updated 

RELIANCE has broken a trendline and got rejected by the first resistance, now it has reached it's trendline to retest, There's a possibility that it will reach the resistance level in order to break it 2150 i.e- resist zone can be the first target

Thestocktechnicals Updated 

M&M has previously broken the support and now it has regained it, it has even broken the trendline and it has given a retest, it would be a perfect level to enter, 795 should be the target.

Thestocktechnicals Updated 

EXIDE has been correcting for quiet a bit now it is at it's support level, it can bounce back from here if it bounces, the first target can be 180 and it's been following a trendline, it can also be a target if it breaks the resistance.