NSE:ITC has broken out of zone forming cup and handle kind of pattern. ADX also is giving signals for a start of new trend. It has a great potential to move upside but its a slow moving stock so option trading might not be a good option. Cmp is around 300 and is expected to move above 320/345/353 if these levels are crossed it will trade above 52 week highs.
Rcom has broke its range reversing from low forming a cup and handle pattern with high volumes which makes breakout more meaningful so its a buy with sl of 14 and targets of 22-26-30-40 cmp is 17.5RELIANCE COMM
Mcx NSE:MCX has broken out from a trading range there is a minor throwback, one can buy at current price with stoploss of 730 on closing basis for targets of 780-800+, current price is around 737 so risk:reward looks great