KPITTECH - gives good volume supported breakout. Thursday (Aug12) BO given with good volume but not sustained and the candle close below the resistance. Friday (Aug13) given good BO strongly supported by volume. Look at the same KPITTECH shared earlier, for Resistance Turns Support, gave a massive BO. Let's see will the history repeats? Previously shared...
EMAMIPAP can move above 215. Tried to break ATH resistance twice in two months, but failed. If it breaks this it can move good.
Maxvil taking resistance (since 2017) now. If it breaks this time it can go good. This time it is also supported by strong volume. Can buy above 110.
Watch GICHSGFIN above 200 (also a psychological level) can move well :) Also supported by volume .
Watch GODREJPROP this week for a good swing pick if the breakout in the 'Realty' became 'Reality' :P What so spl in GODREJPROP? 1. Weekly Resistance BO or at trendline resistance. 2. Round bottom BO 3. Above all moving averages.
WABAG - weekly chart shows perfect support - resistance interchange - as like textbook example. History of WABAG weekly chart shows every time support breaks it acts as a resistance and vice versa. Consolidation about the resistance can give a great BO, this time consolidation supports by strong volume burst also. Resistance breakout can give good move or it...
Adanient in daily TF shows a bullish flag BO(wait for the levels). Can add above Breakout for the Swing. Currently, it is taking the support above 20SMA.
AARTIDRUGS - Good breakout gave on March 03, 2021. Currently, it took support at 50SMA and it's a good buy for positional/long-term pick. Breakout from the pennant after strong consolidation for months is a good sign and as expected given a nice BO. Can hold for the long term for its all-time high and more.
Relinfra - Reliance Infrastructure - Forming good raising channel BO given and due to sharp fell off in the last session still gives good chance to enter. Don't invest a large amount as the candles are not so strong, but can invest a small amount for the long term. Happy investing!
Hathway cable - gave a round-bottom breakout along with the trendline breakout today. Interestingly, currently, it takes the support of 50sma and above 200sma, so probably give a strong move tomorrow or soon.
KPITECH - today gave good BO in both daily and weekly TF. Now at ATH, if the market supports it can give a good upmove in the coming days.
Likhitha Infrastructure Ltd is involved in developing CNG-GAS stations and gas pipelines and also has clients like igl, mgl, guj gas & adani gas. It started a big rally because of the Indian govt interest in developing a huge network of CNG stations all over India. Technically, stock gives a strong BreakOut in the Day TF and can make a strong rally in the next...
DWARKESH - DWARIKESH sugar given resistance and trendline BO on 1D TF with huge volume BO. Can bet on this stock for descent gain.
Watch PNCINFRA today for the trendline BO for the immediate target of 289. If moves above 290(watch for DCB) it can further give a good move for the short term.
KNRCON forms a pennant structure similar to Aartidrugs which gives breakthrough recently. Don't enter at cmp, currently, it's under 20sma in a 1D Time frame. Also, strong resistance is there (marked). Above 212 can enter, but safe entry is above 218. ATH is near, if it's break then can see a big boom. Though, Infra sectors growth and market support needed -...
Xchanging solution on daily TF given Resistance BO and Triangle BO. Look for immediate resistance 92 level, if crossed successfully then the easy target of 99. 100 will also act as a psychological resistance.
Cyient on Daily TF given BO with huge volume that too on a blood bath day. Possible next target 618, 628. If the market supports it can even reach 690 levels.
HDFCBank - 4H TF forms a channel Breakout after strong consolidation. Formation of Bullish flag and waiting for the breakout. Fibonacci BO also observed with an immediate resistance of 1496 which can also act as a Target 1 and the next target will be 1588. Currently the levels are above all the moving averages. All the levels are mentioned on the chart.