NSE:SOUTHBANK is showing similar patterns like other PSU banks. I have posted Central Bank of India's chart as well and I see huge potential to the Upside in both of them as per the Charts are concerned. Fundamentals of South Indian Bank are better than Central Bank though.
NSE:STARCEMENT has been in a long corrective phase and is trying best to breakout of it. One can see in the Chart drawn here. The upside seems to have begun slow but steady.
BSE:GUJTHEM is a great counter I have been observing. It has fabulous fundamentals being a Small Cap only BSE listed stock. Has been undergoing multi year correction but now it is ready to break ALL TIME HIGH and contribute to Pharma rally ahead. It supplies medicines to PHCs and CHCs of state government. Meanwhile there is so much focus on government hospitals...
NSE:KCP is doing good. The valuations of the company is very cheap at current prices. The stock will perform good for medium term time frame.
NSE:ULTRACEMCO is trapped in a corrective pattern and will test Rs5300 levels. The price reversal box is in the chart, This can result in rejection from resistance and then a breakout from the channel.
BSE:MEGACOR is currently undergoing correction and support areas are marked in the graph. Its is a very risky penny stock. Beware! Rising NBFC, Mega Corporation has normal fundamentals. Should wait for stability to form in the company. Will get enough entry points in future when it becomes tradable.
NSE:DELTACORP seems to correct even further. It will take its time with it. Further this correction it might reject from price reversal box drawn and give good up move. Wait for it to end.
NSE:RAIN shows RSI divergence hence the momentum is slowing down each day. It is getting exhausted and will be fighting for new highs as much as it can around the Price Reversal Box drawn in the chart Rs190-200. This acts as resistance and might not break it in one go. Slowing and reversing from those price levels will give a corrective pattern. Kindly take...
NSE:SAIL and all of the Steel segment expects huge surge in quarterly estimates. Hence this rally is going to continue and that has also directly connected to NSE:GRAPHITE and NSE:HEG due to Steel dependency on graphite and electrodes for manufacturing. The Updates on graphite segment is already done in the ideas on my profile. Enjoy the rally!
NSE:GLENMARK
Have a long term perspective in business of IEX .
BSE:PMCFIN is a very tiny little penny stock of market cap: Rs14 Cr. So kindly understand the risk.
NSE:GRAPHITE and NSE:HEG has given stellar returns since 23rd March 2020 till date. Journey still continues as they are as hot as Steel segment gets HOT ! And further will continue after a correction (when steel gets cold) due to Electric Vehicle battery component demand.
NSE:MARUTI is getting everything it needs to RACE in the Bull Market soon. The channel breakout is awaited.
NSE:GRAPHITE looks good in advance with Electric Vehicle segment getting ready with battery components.
NSE:IOLCP I drew the channel taking in account heavy correction in NIFTY. But as NIFTY has shown strength, tomorrow can determine if IOLCP would further correct or it's just all. If tomorrow we see Volumes coming in and Breakout of the channel, know that the Blast is HERE!