BSOFT has formed a cup & handle format, it tried to breakout 208-210, 52W High with good volume, but at the day end it closed just below breakout level, it has gained 10% intraday basis. opening flat on next trading session will give good positional. it is likely go up for 240-250 levels In the recent consolidation it has re-tested previous 52W high, which is at 173 level
BPCL is forming a symmetrical triangle, keep a close eye on it for breakout.
SIS opened just below key resistance level of 475 and witnessed selling pressure, it may consolidate between 450 - 475, breakout at 475 level could be another leg of rally. Resistance at 475 was seen on weekly scale.
Bharatforge is consolidating after forming inverted H&S RSI is also above 60, which indicates a bullishness CPR has became narrow, indicating trend ahead RSI is above 60 on weekly scale too. There is support at 530-540 on weekly scale. on weekly scale, it has formed a rounding bottom in the last 3 months it has given breakout on weekly scale too, sustaining above...
TCS has formed rounding double bottom, looks like it set to rally if it breaks neck line at 2840
IRCON has recently given 200DMA breakout with good volume, now this is again came to breakout candle close level. 97-100 level looks like resistance zone. breakout at above level can take this to all time high followed by 124 level.
Pole Flag breakout can be seen in this, after rallying upto 330 levels, it has retraced to 50% level, and started rallying. if it sustains above 304 level it can rally further. on hourly time frame it has given breakout of downward channel, it can rally upto 330, which is previous swing high, we observe price action once it reaches there.
ZENTECH has given breakout at 85 level with high volume, looks like it is going towards 110 level. before that it can swiftly reach 100 level. Central Pivot Range narrowed out of last 3 months. Contraction in CPR indicate a trend ahead last 3 months it consolidated between 70-85 levels. RSI closed above 60, i.e 67 on daily scale, indicating strong bulishness. MACD...
GRAPHITE has retraced 61.8% retracement level, then continued rally and today it has given a breakout as well, 330 or 360 could be next stop if it is extended impulsive wave it can go upto 360 level. 5th wave may end up around 400 level. it has already given box breakout target levels.
BOROLTD is forming a rounding bottom and it can raise 26% if it breaks above 184 level, you can also see a smaller rounding bottom inside bigger one, which gave 10% raise in stock price at 150 level. it looks like add on dips at current stage
BHARTFORGE has given weekly neckline breakout of H&S. looks 850 in a bull run, however 780 which is all time high may act as hurdle before that.
AUBANK looking for a breakout at 920 levels, as long as it sustains above 830 bullish trend will be intact. breaking above neck line around 920 will take this stock upto 1200.
BANDHANBANK has given neck line breakout for inverted H&S pattern at 330 Neck line with a potential to reach 407 Currently it is forming Rounding bottom, in the long run it is looking to make around 560 levels which is almost 50% from current levels. There is a trending resistance line which is going to meet at end of the rounding bottom, so big breakout...
SARDA Energy formed a rounding bottom on daily frames, and realized breakout lately, however still 10% upside is intact. more over we can see Eliotte WAVE on WEEKLY scale, currently it is in 3rd wave (Impulsive), it can quickly reach 370-380 levels. end of 5th wave could be seen at 480-510 levels.
It has formed a pole flag pattern on hourly chart, breakout on upside can take this upto 850 where in 800 level could be a hurdle.
ERIS looking for a triangle breakout and also trading at weekly resistance RSI is above 50 on both daily and weekly scale, indicating bullishness intact. Higher Lows formed and same high maintained on weekly scale from March-2020. Narrow Central CPR is observed, indicating trend ahead. RSI reversed repeatedly at 60 levels, This time hopefully it can break it and...
LAURUSLABS looks like in 3rd wave of ABCDE WAVE, current wave could be stretched wave as there is breakout on last candle with volume, it could reach new all time high after a pull back at 52W High. it has also forming a rounding bottom.
IOLCP has formed a rounding bottom on daily chart and could face a resistance at currently breaking 780-790 levels upside can take this stock to 52W High. it may form cup and handle pattern wait for price action.