TATAMOTORS 1-day chart is forming a Head & Shoulders pattern. One can BUY in the range of 340-342. The target is around 357-362 (adding 20-25 difference between shoulders and head to the neckline level of 337 giving 357-362). Ideally, there can be three possible stop-losses: (Assuming Buy level of 340 & Target level of 360) 1. At the lowest level of right...
EIH Ltd. is forming a nearly perfect cup and handle pattern. One can BUY around 114-115 when breakout with good volume happens and can expect up to 25-30% returns in the short-medium term. The target is around 144-145 (adding 31 points dip to the breakout level of 114 gives 145). BUY - 114-115 TARGET - 144-145 SL - 103-105 Disclaimer - This is just for ...
V-Guard Industries 1-day chart is forming a Double Bottom pattern. The chart has already broken a very important resistance which was working from April 2018 with good volumes signifying a true breakout. Currently, it is in retesting mode. One can BUY in the range of 255-265. One Can expect a minimum of up to 14-15% returns in the short-medium term. The...