Greaves Cotton has provided probably a multi-year breakout with massive volumes on a monthly time frame. After the breakout, the retest event also seems to be completed with a cross-over of 21 EMA to 55 EMA. For the long-term horizon one should keep watch on Greaves Cotton for significant gain. Disc.: The chart is for study purposes. Kindly consult your...
Coal India seems to give BO to its long rectangle consolidation zone after its long down-trend channel (since IPO listing). Volumes also rising since March 2020 (consolidation zone). This can turn out to be Darkhorse in the PSU pack. Golden crossover (11 EMA crossover to 37 EMA) on a weekly timeframe basis observed along with double Cup & Handle...
Bank of Maharashtra has formed round bottom and Volatility Contraction Pattern (VCP). Can give BO and race to the level of 37. CMP - 25.70 Strict SL to be maintained.
Punjab National Bank can move towards its first target of 50 after crossing level of 37.
FINOLEX CABLES LOOKING GREAT FOR INVESTMENT BET