NSE:MOIL is in ongoing corrective phase but as we know the demand of semiconductors and associated chemicals is on a rise due to Electric Vehicle segment in our country. MOIL has a long term benefit as the EV sector in India gains pace this entire decade. The price level of Rs125 is a good resistance area. Lets be patient with MOIL and watch it reverse with...
NSE:SUNPHARMA is a constant and stable wealth generator. The regular dividend of Rs2.5/share been given every September each year shows its stable income. The rise in pharma will also push this scrip and I see a target of Rs1000 in coming weeks for Sun Pharma. Every idea in this profile is for educational and predictive accuracy log purpose directed to...
NSE:GLENMARK has upside to witness further after it broke all time high. The 45MIN chart here shows support area to which it will test its fall and reverse from the "Box of Price Reversal"
NSE:MOREPENLAB has completed its corrective structure and given a breakout which it will retest and then wont look back in few days to come. NSE:CNXPHARMA is gaining pace and hence most of the Pharma stocks. A new rally is in motion!
NSE:JUBLFOOD showing correction and that is about to get over. The box shows Price reversal area from which probably it is going to bounce up and run. Wait for confirmation when it breaks out of the channel if you like, being observant pays good.
NSE:WIPRO is very bullish after it has completed the correction phase of last one year bull run and is now ready to keep up with the pace and touch new Highs! It will keep showing continuation patterns and extend higher! The quarterly results might cause further push to price and bulls will be in control for Wipro in coming weeks.
BSE:NBCC has been in correction phase past couple of weeks and seems Rs34.50 can be a good level for reversal of winds for NBCC India, This is Breakout Ready(as it reaches Rs34-35!) If not sustained the level of Rs34, the line of invalidation at the end of channel drawn in the chart will be the final level of fall for this to become Rocket in upcoming sessions...
BSE:SUZLON has been working on debt restructuring past few quarters. Mutual funds added Suzlon to their portfolio in march 2021. FII holding has increased from 3.1% to 4.2% in just one quarter. Vanguard holds 2.57% in Suzlon. All positive news flooding in for Suzlon suggests a "New Suzlon" is on the Horizon. Suzlon looks positive in long term if it holds up...
BSE:RELIANCE is correcting its Up move of last year if not the one of Decade! Either way it will keep Oscillating between the Channel Lines for weeks to come! This is an Update on the Idea published on Reliance some time ago.
BSE:BLACKROSE will breakout of this channel around 29th April if I am precise enough!!! However if not date, the price Reversal Box shown on the Chart shows high probability of Price correction to exhaust and Bulls rush in lifting the Stock up to the Moon. Confirmation awaited around Rs148-Rs154 levels. The predictions and observations are educational and...
NSE:KOPRAN KOPRAN has given a breakout from Corrective Channel. It will retest the upper trendline of its channel and then shoot up higher!
BSE:DIVISLAB Observations on the Chart. The scrip is gaining momentum in the said channel and will head up higher. The levels of rejections and potential target are mentioned in the chart. All predictions are merely educational and not a trading advice whatsoever
NSE:HIKAL Observations on the Chart. The Channel it was trading has been subjected to breakout from. It will retest the upper channel trend line and then there's no stopping it before targets of 400! All predictions are merely educational and not a trading advice whatsoever
NSE:HDFC is in the correction phase to which rejection levels or support levels are mentioned in the Chart. The Line of Invalidation might hold the fall but if not it still has the potential of a bounce being in the last impulse wave that started last year.