DHANUKA has given breakout on 1h time frame, however it is trading at resistance trendline on daily time frame. watch this stock for breakout, 700 on lower side and 760 on upside, in future date upside price may change as it is descending triangle. if it breaks down 640 is a good price to enter, which is a 200DMA.
on 15min time frame it has given a Descending triangle breakout upside, however 330-332 looks hurdle, once it crosses, it can go upto 345 level which is recent swing high.
if SOLARA closes above 1250 on weekly scale it can go upto 1850 down the line. wait for the price action at 1250 levels.
it is time to enter, after recent rally stock has fallen almost 10% from the peak and which is also retraced to 61.8% level. wait for trendline breakout on lower time frame.
BATAINDIA has given a consolidation breakout on daily timeframe, enter on retracement at 1450 level, 1600 looks easy on the cards.
after 3 months of consolidation, M&M has given breakout on upside,it's better to enter aroung 650-660 levels for a target of 720 on daily time frame.
JAMNAAUTO which made a high of 52 recently, is now facing restance at 50 levels, once breaks 50 level, it can go cross previously high. and it is making higher high's on daily time frame and continuously trading at higher levels. once it breaks this 50 level it can go upto 60 soon.
TITAN is trading higher end of the upward channel on daily time frame, support is placed at 1250-1270 level, however strong resistance placed at 1340 and all time high also placed 1388, which is now trading 10% below all time high. As gold prices are falling, we can see a increase in jewellery sales,
SBICARD started making lower high's on daily scale, closing below 800 level will bring more weakness to this stock, next support placed at 720 level as per weekly chart. RSI was tried to reclaim 60 on weekly scale however it faced resistance at 60 and started sloping down. during result week it fell from 900 to 760, last week gains of 8% were evaporated by this...
This stock is making lower highs with same low level on daily chart by forming a Descending triangle, breaking 2000 level will open the downside upto 1800 level. as this Sep-2020 quarter results were weak. it could likely break downside.
Closing below 690-700 on daily basis will pull the stock to 200DMA, which is placed 625. 625-650 act as a potential buy zone.
support level is placed at 250 on hourly chart, buying seen from 255 levels, if it closes above 275 on 15min candle, we can go for buy for an upside upto 300 level.
SRTRANSFIN is near 800 level, which is a strong resistance after march crash, however it has been tested multiple times, but this time it has also crossed 200DMA and trading near 800 level. it looks it could retest 750 levels before giving breakout. once it breaks 800 level. 800-960 levels openup for upside. RSI is at 68 on daily scale and RSI is at 56 on weekly...
TCS is near support zone and taking support firmly at 2600, sustaining this level could give breakout at upper trendline. however if it breaches 2600 it can close the gap created at 2530-2600. on lower time frame (1hr) it broke 21 EMA but at the end closed below 21 EMA. and made higher low.
We can see a pull back in BHARTIARTL from current level, Risk-Reward is favoring at current level. 450-480 level is possible from current level, wait for trend reversal, on 15min time frame it has made higher however is has to sustain above 410-420 range to be in short-term uptrend.
JAMNAAUTO has completed a 5 wave rally and it shows signs of 3 wave correction and it is first wave of correction. it also formed double top at 52 level. it may retrace upto 40 level. which also equal to 20% correction. more over it has broken support trendline on 1h chart.
ASTRAL looks bullish if it sustains above 1250-1260 levels on daily basis.Trading above 21EMA indicating a bullish momentum in this. breakout trade is likely in this counter is in the coming few sessions.
Whirlpool retraced upto Fibonacci 78% levels which is at 2300, as per recent trend suggest it broke 200DMA upside with good volume and tested 2300 levels and retraced to 20 EMA and took support at that level, we can see a long position in this counter where 2550 looks easy target. 2100 looks like support.