TATA POWER breaks the triangle pattern going long, plus the recent earning results indicate earning growth. Tata Power Q2 Results: Net profit rises 8% to ₹1,017 crore, revenue up 12% YoY. Possible to cross the all-time high of 277.
The federal bank just broke the all-time high and resistance of 152.85 and looks bullish. Maybe a pullback will occur after a few hikes. Expecting 180 level target (based on previous breakout rallies) Maintain stop loss below 147 (as per risk appetite and position sizing)
Add FSL to the watchlist for a nearby breakout, if the stock can cross 175 then a breakout will occur and a rally may start however, there is a possible downside if it fails. Support at 156. Plus the company has good fundamentals for a long-term investment. #Do the research
GLOBAL HEALTH LTD stock is at an important level as of now, the price above the 792-793 level indicates a breakout. Support is at 732-730