Elecon enginerring today has broken the resistance above 190 level and target 200 level and i have entered the stock on my own analysis. Happy Trading to all.
Motherson Sumi as per monthly, weekly and daily chart analaysis its in consolidation phase and once it breaks above 260 level then its a multi year break out and target 270 level.
Canara Bank as per monthly chart analysis now the stock has formed an inverted hammer candle and once the stock consolidates and breaks 312 level then its multi year breakout and target 400 level
Elecon Engineering as per daily chart analysis above 190 level is a breakout and target is 200 level
LICHSGFIN as per monthly chart analysis has good support at 385 level even in three previous occasions for the stock to reverse and it has three major resistance 443, 460 and 490 level. once all these are broken then the stock will fly up to 550 - 600 levels.
Tata Motors after the Monthly Break out now have two strong resistance at 510 and 525 level. once these two are broken then the target 550 is achievable.
IEX has a good support at 750 level and a strong resistance at 820 level. once 820 is broken then the target is 835 level.
Gokek in a weekly, daily consolidation break out above 262 level and target 270 level.
Shipping corporation india as per the montly chart pattern is in a break out and above 145 level and target 159 level