Posted 12.12.2021 two scenario for Hind Rectifiers and both was for bullish break out and today the stock had hit the second resistance level 215 by making high for 214 which was the second target before closing at 208 level. Happy Trading to all.
HINDUSTAN ZINC Today has formed an bearish pinbar candle and if it breaks 370 level and sustains above 372 level then target 380 is achievable
RALLIS INDIA posted earlier after forming an ascending triangle Above 262 Level for a Target 267 and Today the stock made a HIGH 269 due to a strong RESISTANCE 270 Level. HAPPY TRADING TO ALL
SPECIALITY RESTAURANTS as per monthly chart analysis the stock was in continuous down trend channel and this month stock has once again moved up breaking the channel. Resistance 115 once broken then target 140 is achievable.
ELECON ENGINERRING as per daily chart analysis has formed a Ascending Triangle Pattern and once the stock breaks above 210 level then target 215 is achievable.
CANARA BANK as per daily chart analysis once the stock breaks resistance 222 above 226 level for a target 240 level.
GRANULES INDIA as per daily chart analysis Posted 9.12.2021 above 337 level and on 10.12.2021 the stock made closed at 344 level and from here it will hit the target 350 level and retrace for a brief consolidation for break out for the next target 369 level
JSW STEEL as per daily chart analysis the stock above 684 level for a target of 695 level.
HINDUSTAN ZINC as per daily chart analysis the stock has broken the consolidation and tested the resistance level 369 for a short retracement and above 370 level for a target 390.
HIND RECTIFIERS LTD as per daily chart analysis has broken the pennant pattern and there can be twos scenario. 1) the stock above 202 hit the First target 208 and retrace or 2) the stock might break resistance 209 and hit second target 214 level.
BAJAJ CONSUMER as per daily chart analysis has made a consolidation break out and also broken the resistance level 200. Stock above 202 level for a target 220 level.
GTPL HATHWAY as per daily chart analysis has strong resistance at 288 level and once the stock breaks above 292 level for a target of 303 level. The stock is in downtrend channel. This stock should take some more sessions for a Break Out.
ADANI PORTS posted yesterday above 777 level for a target of 787 and today the stock made a high of 795 level before closing to 767 level. Today Had a intraday trade in the stock. Whatever stock i post i do trade as per my capital allocation and don't post just for the sake of it. Happy weekend and Happy Trading to all.
GRANULES INDIA as per daily chart analysis has broken resistance 335 level and expecting to hit the target 350 level. yesterday Posted above 337 level and today stock closed at 344 level and lets see whether 350 is achieved on Monday.
HINDUSTAN ZINC Daily chart analysis has broken the consolidation zone and stock above 370 level for a target 390 level.
TATA STEEL as per daily chart analysis is still in consolidation zone and today it has formed pin bar candle and resistance at 1190 level. Stock Above 1192 for a target 1250 level.
ADANI PORTS as per daily chart analysis once the stock breaks resistance 775 level then above 777 for a target 787 level. The stock is bullish from monthly and weekly chart perspective.
RALLIS INDIA as per daily chart analysis has formed an ascending triangle pattern and once the stock breaks 260 level then above 262 for a target 267 level.