#JAYSHREETEA is about to complete a 5-year long Inverted Head & Shoulders bottoming formation. Breakout above 115 will complete the formation for a target price of 175.
Breakout from ascending triangle on Daily charts with nearly 7 seven times volumes. Buy on retracement towards 200 for a target of 260; SL: 184
Negative divergence; four crests in price matched by lower crests in RSI. RSI is now near to equilibrium level (52) raising the prospect of a deeper correction.Up trendline is already broken. Targets: 1770/ 1710 / 1608
#RALLIS is forming the Right shoulder of the Inverted H&S bullish continuation pattern on Weekly Chart. Buy on a weekly close above 256 for a target of 350. SL: 238
Ascending triangle formation on Weekly charts. BO above 7370 will lead to 2400 points move. SL: 6940 (though IMO, this is a BUY-and-HOLD kind of stock)
#Navneet Education breaks out of Symmetrical Triangle with huge volumes. One can go long for a target of 210 with SL at 172.
Once it breaks the LT resistance at 157, upward potential is immense. RSI is in an uptrend which augurs well
Nandan Denim is poised to breakout from its 2 year long rectangular consolidation above 156. If BO sustains above 156, target is 210.
A series of bullish falling wedge patterns. Breakout above this formation can lead to a primary target of 45; SL: 35. RSI already broke out of falling trendline; MACD on verge of doing so.
NGL Fine Chemicals has given a breakout from falling wedge pattern. RSI and ROC are rising while MACD has given a bullish crossover. 430 seems the first objective.
Global Vectra Helicorp had an Inverse H&S breakout with HUGE volumes. On Friday, it started retracing. Good time to pick up would be near about 135-140, when it starts to move up again. Target: 205.
The downtrend line needs to be overcome around 264 for it to come to bull territory. The 20, 50 and 200 EMA on Daily Chart is merging, indicating an explosive move shortly. Which way?
GREAVES COTTON entered into a rectangular consolidation in November 2014 after stupendous rally, then entered into a consolidation mode for 2.5 years. The breakout has happened with large volumes, followed by retracement and upward move again. Put a Stop Loss at 143 and go long for a target of 210
After 2 year long rectangular consolidation, ABB broke out with huge volumes. Currently, correcting from overbought conditions.
Ascending triangle formation on Weekly Charts. Wait for BO above 2600 for a pattern target of 3100.
#TATASPONGE breaks out of Inverted H&S on weekly chart. Can be bought on with SL at 775.
Breakout above 340, will lead to a target of 505. #WATCHLIST