India's largest Die cast maker, and leading company in 2/3 Wheeler OEM supplies. Trading near Breakout levels. Posted good Q Results. Volumes building up at resistance zone. Trading above Key EMA's. ***I AM NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS***
Details mentioned in charts. Either side BO will give good moves. Keep an eye.
PFC Has given nice breakout on Hourly charts. Volumes are strong. Can be traded for long on retest, Risky can take positions now. ***DO YOUR OWN ANAYLSIS BEFORE ANY TRADE***
MARUTI moving inside a very good channel pattern, once this hourly candle closes above channel support we can go long. SL will be very small. ***DO YOUR SELF ANALYSIS***
TATA ELXI Good Chart pattern is formed, has been taking support at TL. Fresh breakout is given on 2Hr TF, but waiting for retest of BO. Will make position if retest is done or if it sustains above 3903 for more than 2HR. RSI Is showing negative divergence, hence there is a chance that it will retest the BO. ***I AM NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS. DO...
CAPLIPOINT Has given nice breakout on weekly charts. Also it has broken daily small resistance (Blue line) and closed above that this week. Recent quarter results have been good. Can be added till breakout levels.
#DHANUKA 3 YEARS BREAKOUT. Last week closing clearly shows interest of buyers. They were able to push up the prices by 10% and successfully close above resistance. Volumes are at highest levels. RESULTS Were wonderful.
Marksans pharma has been showing good volumes spikes after 3 years. Fundamentally nothing extraordinary about it. But technical structure is bullish, very bullish. Trading above all Key EMA's. RSI Has shown negative divergence, so expecting a pullback to 76.5-77.5 levels to take long position. If somehow it comes to test its strong breakout levels of around...
NIFTY METAL SECTOR IS LOOKING STRONG AGAIN. THIS WEEKS CLOSING WAS GOOD. Next week will be decisive, but looks like its ready for next big moves.
#HBL POWER Stock has given wonderful breakout after very long time on Daily, weekly and monthly TF's Will face some resistance at 51-52 If it closes any week above 51 then will shoot like rocket. Personally will add on each and every dip for big targets. ***DO YOUR SELF ANALYSIS, I AM NOT RESPONSIBLE FOR PROFIT AND LOSS***
DB CORP LOOKS GOOD FOR LONG TO HOLD POSITIONALLY. CHART IS SELF EXPLANATORY. ***DO YOUR OWN ANALYSIS***
LTI Very strong company fundamentally. Has given good correction and bounced back from support exactly forming double bottom. Going Long with SL of 3535 and target of 4200++ SL will be on daily closing basis.
#FIEMINDUSTRIES has given nice breakout with strong volumes on daily charts. Can run from here or retest breakout. Personally entered on breakout, will add more if retest happens. ###ALWAYS DO SELF ANALYSIS BEFORE TAKING ABY TRADE###
#NIFTY Gave a nice breakout from downward channel. Breakout was retested@1492 and rally continued. Now NIFTY has broken major hourly resistance at 15120-15135. It can retest it and if gives green confirmation it can go to 15250-15300-15450. Global cues will effect index and in case of Big gap up or gap down, need to wait for a trade patiently. ***DO YOUR...
#BANKNIFTY Looks filled with too much power on daily and 2H time frames to achieve All time high levels. It has formed very nice candle on weekly time frame too. If it opens gap down on next trading session, it should take support @3436-34080 which was a breakout level on 2Hr TF. Overall it looks to trade in long position rather than a short position....
#ashokabuidcon Looks good for trading on trend line support. Moving beautifully so far. I am biased towards long as results posted are good. SL will be break of TL with good volumes. Targets are green lines.
#SYNGENE Has formed a symmetrical triangle pattern on hourly charts. Trade on breakout and confirmation.
#Hindzinc ****THIS TRADE IS AN IDEA GIVEN TO ME BY MY MENTOR KRISHNAKUMAR**** Gave nice breakout on daily and weekly charts today. Although this weeks chart is not completed yet, but taking risky entry utilizing partial funds as it has given breakout on daily charts after 3 years. Will add more if it dips to retest breakout. Also, it is forming nice channel...