Glenmark can be a good bet in this recent fall due to new variants of COVID-19. Rising volumes in last few trading session should also be noted. Keep an eye in coming days.
Cup and Handle with Long term Resistance breakout in Bank of Baroda. PSU banks have already given a breakout and are in an uptrend. Looks good for targets of 140-160
Multiple Confirmations in Route Mobiles. Trend line Support+ Morning star pattern on daily chart+ Bounce from Previous support zone. #nse #bse #stockmarket #nifty #sensex #sharemarket #trading #stockmarketnews #indianstockmarket #investing #niftyfifty #stocks #intraday #stockmarketindia #banknifty #investment #intradaytrading #indiansharemarket #money #finance...
CAMS is at an important support zone (this is also 50% retracement level as per Fibonacci). Good Fundamentals stock at attractive price. Can Accumulate between 2850-3100 for targets of 3500 and 3950.
IRFC is ready for ATH breakout. Chart is self-explanatory.
SUbros looking good for short-term swing setup for 1st target of 430.
Another Breakout stock Breaking its 8-month-old trendline. Buy M&M above 780 for targets of 810/854/891/914. All levels are clearly mentioned in the chart.
Typical Cup and Handle pattern in HDFC BANK. Also reaching its all-time high. Buy above 1640 for targets of 1679/17791878/220
Updated chart of BSE Swing trade can be initiated for quick targets of 1436 and 1550 Long-term targets are 1436/1550/1875/2404/3000.
After massive rally from 960 to 1400+, MCX retraced and took support from 50EMA and now again looking strong to test it all time high. Clearly seen in charts can buy above 1294 for short term targets of 1370-1400. Buy MCX if sustain above 1294, Targets 1370-1400
Head and Shoulders breakout in AMARAJABAT. Buy for short-term targets of 820. SL 744 on a closing basis.
PGIL: Proctor&Gamble Health It is currently taking support from 61.8% Fibo levels which is also its previous resistance acting as support. Can go long with SL of 5200(CLBS) for targets of 5700/6140/6660/7500
HDFC: Cup and Handle Formation with All-Time High Breakout. Buy above 2890-2900 for targets of 3000/3155/3370/3640. A similar pattern is observed in HDFCBANK as well.
Kotak bank: At critical levels of 2050 It had faced multiple rejections from these levels (see chart). Can buy above 2050(15-min candle close) for upside targets of 2125/2258/2429 SL can be around 19875-1980 (CLBS)
Chart is self-explanatory. Taken support from Trendline and support zone. Buy above 865 for targets of 926/986/1026/1069/1133 SL can be around 800 CLBS Please trade accordingly as Global clues are negative.
Finally Dish TV gave a strong breakout with rising volumes after forming Head and Shoulder pattern. If it sustain above 18, can give target upto 24 (based on Head formation). Buy DishTV above 18 for short term targets of 24.
After a sharp move from 300 levels to a new all-time high of 538, and then taking support from 61.8% Fibo levels. BF Utilities looking good above 471 for 502/534 Long-term targets of 645/705 are also possible. SL 455 CBLS Please trail your SL once T1 is achieved.
PFC looking good for channel and ATH breakout Buy above 141 (15-min candle close) for 150/162/198. Please use trail SL after T2. SL 138 CLBS.