KPR Mill has formed descending triangle and currently is trading near support zone. Anyone willing to take risk, can enter long trade now keeping the supportive zone sl. Or else one can wait for breakout or breakdown and then trade.
Coromandel reversed from crucial level and now is trading at the trendline resistance. Keeping today's low as sl i.e 935 long trade can be initiated.
Deepak Nitrite can be bought keeping the trendline as sl. Looking good for 10% upside move with immediate resistance being 2400 zone.
PGEL is moving in upward channel and in is strong uptrend. One can add in the watchlist to look for trade upon upside channel breakout or can be bought at lower side of the channel if comes down.
HGInfra has formed wedge pattern and has been consolidating for over a year. Likely to give upside breakout. Long trade can be initiated once there's breakout.
Talbros engineering has given multiyear breakout and has done retested the breakout level too, forming descending triangle. Long trade can be initiated keeping triangle low as sl on closing basis.
BSE is trading near crucial support zone and looking to bounce back from this zone. Long can be initiated with sl being the lower level of the supportive zone.
Hikal is showing good signs for upside movement. Cup and handle breakout and sustaining above the breakout level.
NHPC has given multiyear breakout and has retest and formed descending triangle on daily timeframe. Trade can be initiated by keeping sl below multiyear breakout level.
HDFC life is forming a base. Once breaks out of 600-620 zone and sustains, can head towards ATH.
Polycab is looking good for an upmove. Cup and handle target comes to 3600. Good ATH breakout and has sustained. Can be added for short term.
PSP projects has given an upside breakout and is looking good for 250-300 points rally which will see the stock heading towards 4 digit in the near future. Can be bought for short term with target being 950-1000.
Steelcast if sustains above 500 then could give 15-20% returns in the short term. Even metal index is looking good which could fuel the rally in the stock.
Inverted head and shoulder is formed and about to give a multiyear breakout. Stock could head towards 4 digits in the short term, being the target of head and shoulder.
A social media favourite stock but noone is talking about it at the moment. An upside breakout is likely and could cross 4 digit mark in the coming days.
Havells has formed bearish flag and could possibly breakdown from the wedge.
Bosch looking good for upside breakout. Cup and handle pattern is formed at the trendline of which target can be 24,000.