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#BATAINDIA CMP: 836.5 Cup & Handle breakout on daily charts with huge volumes. Followed by a retracement, which validates the breakout. Entered with a SL: 743

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#AVANTIFEED CMP 2055 Completed a six month long classic Descending Triangle Distribution pattern. Broke below the pattern boundary of 2155 yesterday. If confirmed, the pattern target is 1350. Scary!

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#ADFFOODS CMP 249.95 After a month long H&S bottom formation the stock broke out in April with low volumes. Since then consolidating within a rectangle and is trying to break out of that pattern. RSI, MACD and ROC are all in uptrend. Primary target of H&S pattern: 270. SL: if it breaks below the rectangle at 230

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#TATAELXSI CMP: 1232.7 Two and half year long Cup & Handle pattern on Weekly chart broke out decisively in April 2018. After four weeks of consolidation, it is ready to move higher to Pattern Target of 1576. SL: 1060

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6 month accumulation seems to be over. Has formed a nice base around 204. Needs to sustain above 237 for upward journey to continue.

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#AMBUJACEM CMP 245.1 Inverted H&S breakout seen on Daily Chart at 244. Can go up to 255 in short term and then 277. SL: 234

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#POKARNA CMP 241.3 H&S failure coupled with trendline breakout is extremely bullish for this stock. Keep a stop at 199 and go long

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On weekly chart, BO from falling wedge followed by a rectangular consolidation. Above 70, stock can do 90 if markets support. SL:62

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Two year long accumulation has come to an end. Stock has given BO above 27 on Weekly charts with good volumes. Look at the RSI, which has been on upward trend. Immediate target: 36 with SL 23.5

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#SESHAPAPER Year long rectangle is on verge of breakout. Above 840, it would be interesting. One can target 1020 with SL: 780

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#SKIL CMP 36.40 Horn formation underway. BO above 40 will take it to 65

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#ADANIENT CMP 161.30 Thirty month long bullish C&H pattern completion is round the corner. Wait for a convincing weekly close above 160 for pattern to complete. Pattern target : 250; SL: 150. Views negated if unable to sustain above 160 on weekly closing basis. Disclaimer: This is not a BUY recommendation

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#BANCOINDIA CMP 239.75 High volume breakout on 24 Nov from ascending triangle. Retracement towards top of triangle; copybook classical charting. Primary target: 320

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BO occurred from 9 year long down trendline recently and is likely to retest in the coming weeks. If successful, long position can be held with SL at 83.

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#PFIZER broke out of 19 month symmetrical triangle earlier last week. A retracement towards top of BO zone followed. Good for a target of 2300 with SL at 1800 in 3-6 months time

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#AJANTAPHARMA Nice rectangular bottoming formation for over 3 months has given a BO today. Immediate target is 1420 where the down trendline and 200 DEMA meets. If it breaches, then target can be higher

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#SRF (CMP 1830) has given a BO on weekly charts from a symmetrical triangle pattern. RSI has also given a BO in October 2017. Put a SL at 1727 for a primary target of 2360

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#ANDHRABANK (CMP:64.15) BO on Monthly chart; need to sustain above 60 for validation. RSI broke out in February 2017 and taking support from down trendline. We can easily see it going back to ATH of 180 in 1-2 years time