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ICIL is a good investment stock forming a beautiful cup and handle pattern in multi year time frame. Once ATH is broken, we can see big and quick move in this stock. Long term investors can look for 2x returns as well.

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Devyani is looking a good candidate for support bounce Logic:-Stock is trading in channel. The price action is impressive but a confirmation is not still visible. The stock has delivered poor results and is available at PE multiple of 138x. Only risky traders should be interested in this.

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Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years. If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC. Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.

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A beautiful rounding bottom breakout is seen in Repco home finance which can bring a big bullish momentum in this stock. Stock has given weekly closing above 500 which is a big positive. Lets see what is unfolding in the stock. I am expecting a blasting move. Do follow me if you like my ideas.

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Som distilleries has retested a strong support zone and has formed strong bullish pattern in weekly time frame. If bullishness continues, we can expect 2x returns from this stock in medium term.

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Suryoday has given a good breakout of cup and handle pattern A weekly closing above 200 can be a good signal that ATH levels can be seen soon. Stock is available at a very good valuation. I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.

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DCB bank is close to a multi year breakout. Once stock closes above 500, big targets can be expected. Short term momentum traders can set a target of 500. A good private sector bank with bettering fundamentals.

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SMCGlobal is a small cap company which is involved in broking related activities. As we know, share market industry has big potential, this company has big scope to grow exponentially. Technically, stock has given ascending triangle breakout and has completed retest of same. Risky investors should not miss this opportunity of making multibagger returns. Stock is...

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Lauruslabs has given a good breakout of trendline and horizontal resistance with volume. Stock is looking strong for a reversal and can fly towards ATH if market supports. Keep in watchlist.

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SPARC is a loss making company, hence this is purely a technical pick. Stock has given beautiful trendline breakout and is in consolidation since breakout. Above 400, stock can fly to ATH. Risky traders can enter at CMP for better risk reward.

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Tata elxsi is one of stock from Tata groups to deliver multibagger returns in last 4 years. Stock has strong fundamentals and is available at a decent valuation. All long term investors shouldn't miss this opportunity to accumulate this stock. Breakout of consolidation is already done. A follow up bullish candle can be expected next week.

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TGV Sraac is a fundamentally strong small cap chemical company which is showing a strong reversal pattern. Stock has given breakdown from support and formed a bear trap. A big bullish candle has been formed last week. Stock can give multibagger returns in long term. However, since stock is small cap, it is riskier to invest.

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Housing finance sector is looking very positive considering the tapering effects of recession and inflation data. PNBHsg finance has already skyrocketed post breakout. Lichsg finance is a good fundamental stock which is looking a good positional trade. This idea is not a recommendation and is shared only for educational purposes. You can also study stocks like...

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Kalpataru power now known as Kalpataru Projects International Limited (KPIL) has given weekly breakout of inverted head and shoulder pattern. A similar pattern is seen in SBILife whose idea was shared earlier This is a strong signal of big uptrend in the stock from the technical analysis perspective. Energy sector is looking bullish to support the uptrend. One...

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Stock of GMM is bouncing from strong support and looking strong for a good upmove. If the stock crosses 1800, we can expect a big move upside. Short term traders can book at T1/T2 quickly. Stock has good fundamentals to hold for long term as well.

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Everest industries is looking good as a reversal trade as a swing trade. Stock is bouncing from confluence of supports.If bullish trend continues, we can see targets soon. RSI divergence is also seen during the bounce.

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Sygene is a pharma stock which is consolidating from few months now. Stock has formed triple bottom pattern near its strong support and now showing signs of reversal Confirmation is when stock gives weekly closing above 750. Risky traders can keep this stock in watchlist

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I have discussed in previous post about what exactly falling knife stock is with a case study. The next question would be how would an investor know that stock is a part of falling knife category? To identify such stocks, I feel you should know about 2 concepts/indicators which are Moving averages and Fibonacci retracement. I will try to make you understand these...