KOTHARI PETROCHEM is making a Flag and Pole formation. Wait for breakout to enter.
NHPC has been moving in a Parallel Channel from January. No green candle has closed above the upper trendline. There is also a Resistance Zone between 115-119. After testing the above resistance zone the price has been continuously falling to touch the Bottom Trendline. Yesterday a green candle has been formed signalling a trend reversal. A buy can be initiated...
One Point One Solution has been forming a Round Bottom from January24. There is a Resistance cum support zone @ 69-72. It had broken out on July 5 and formed a false breakout. Today it has given a breakout.
KOTHARI PETROCHEMICALS has completed a rounding Bottom Pattern and has broken out of the Resistance cum Support Zone @ 164-170. There has been rejection at around 181-187 levels. If it sustains above this zone then can go for a buy at your risk.
OSWAL GREENTECH has formed a Rounding Bottom Pattern with Resistance cum Support zone @48 - 50. Today it has given a greakout from this zone. Safe traders can wait for a pull back to enter.
STC has completed Rounding Bottom Pattern and has broken out of the Resistance cum Support zone @ 194-202. Now it has retested that support zone. Can enter on breakout of the trendline.
NOVA AGRITECH has completed the Rounding Bottom Pattern. Has broken out of the Resistance cum Support Zone @ 76-78. Done a retest and looking good for an upside target of 94.
Granules has been moving in a sloping Parallel Channel with an ATH of 480. There is no conclusive breakout and a Trade can be initiated with a Bullish candle on DCbasis.
Alembic has completed a Rounding Bottom Pattern. The Resistance zone around 138-144 has to be broken and after a possible retest can enter for the next Target of 225. Keep on watchlist.
Indusind Bank has been trending within a Parallel Channel right from June 2022 and taking support on the Bottom trendline multiple times. The Zone between 1560-1580 has been acting as a Resistance Zone from February 24. In the near term we can see that a Rounding Bottom is being formed. Entry can be taken above 1460 for a near Term Target of 1550. Do your due...
Texmaco Rail & Eng has formed a Round Bottom on DTF and has broken out of the Resistance Zone @ 225-223 with high volume. Can wait for Retest for Target of 300.
IRFC has completed a round bottom formation and has broken and retested the Resistance turned Support Zone @ 189-196 on DTF. It has also given a breakout for a possible target of 270.
IFCI has completed a Round Bottom Pattern and is facing resistance @ 70-73. Once the level has been broken decisively we can look to enter afresh for the next target of 100.
Senco Gold has been moving in a Channel from 12 September 2023. There is also a Round Bottom formation on DTF and has broken out of the resistance Zone @ 1053-1075. It has also reached ATH @ 1177. For fresh entry can wait for breakout of the channel for a Target of 1300.
Kfintech has broken out of Triangle formation. Can wait for retest to initiate a TRADE For a target of 820.
Infy has been bouncing off the Resistance turned Support zone between 1355-1370. The CMP is 1420. Just another 50-70 rs to reach the zone. Safe traders can wait for it to reach the zone and bounce with a Bullish candle. Keep on your watchlist.
BANDHAN BANK is at a support turned resistance @ 207-212. Also looking at the Long Term chart a Rounding Bottom formation can be seen with a High of 263. First it has to break the resistance zone @ 207-212 convincingly for a 1st Target of 260. Keep on your Watchlist.
IEX is forming a Rounding Bottom Formation. In the short term it is moving in a Rising Parallel channel. Long Term Target that can be expected is around 275 -300 in a years time provided there is no untoward news. Trade Active. Entered @ 141.35