Good strength in VOLTAS can be seen with the help of RSI indicator and has given a breakout above 588.95. Near term target is it's 52 week high which is 675.30
Expecting a falling wedge breakout in TATAMOTORS very soon. Risk takers can buy between 425 to 420 with stop-loss of 416 on closing basis for target of 598.40 and above. Others please wait for confirmation of break-out.
Expecting a triangle breakout in EXIDEIND very soon. Risk takers can buy at current market price with stop-loss of 208.75 on closing basis for target of 240 and above. Others please wait for confirmation of break-out.
Buy on dips with stop-loss of 461.5 on closing basis for target of 580 and above...
Buy at current market price with stop-loss of 1498 on closing basis for target price of 1696 and 1859...
Buy around current market price with stoploss of 152.2 on closing basis for target of 191
Buy around 700 with SL of 673 on closing basis for target of 946 and above...
BUY near 150...Target of 160/181...SL 147.50
CD leg is in formation and price might move up to 1545 if steady above 1365 levels. Good to go long above 1365 with target of 1545.
HeroMotoCorp is in last leg of bearish bat formation. Might hit 3323 and 3409. Go long above 3255.
Let's see if it's going to complete the formation
What's cooking in South Indian Bank?
Anticipating Havells India to hit 443.5 and retrace back to 425.89 and 399.58 in near future.
Handle formation is about to get over and resistance 317 should breakout to act as good support and price might move up to 374 thereafter.
Found this pattern lately but can make use of this post to identify next opportunity to trade.
Bearish ABCD formation in Ajanta Pharma might push the price to 1101 level. I would wait further for any long term investment.
ITC reacts to budget as every year tax imposed on tobacco products are increasing. Anticipating the same from upcoming budget as well. Also given an example of Cup and Handle pattern, just for educational purpose only.
Price moved from 15.8 to 26+. Hit upper circuits recently. Will this sustain? Need to wait and watch.