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After reaching an ATH of 377.50 in Jul'27, Maharashtra Seamless broke out of falling wedge pattern in the month of Oct'21 rising 55% in a single month. Further, this was followed by formation of small bullish candles on monthly time frames and then entering a correction phase for next six months. The next phase of rally started in Mar'23 in which the stock has...

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The scrip was trading below multi-year resistance trend line since 2008.It gave a breakout from the trend line in Mar,23. It formed a large bullish candle on a monthly time frame returning 12% in Apr'23 and nearly 35% in last 3 months. The Stock rose nearly 3.40% today hitting ATH which is also a 10-Year High. Stop Loss: 189 (daily closing basis) Potential:44%...

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Info Edge(Naukri.com) on the verge of breakout from falling Wedge pattern. Buy only above 3777 Potential upside: 28% Stop Loss: 3555 Fundamentals: Engaged in operating multiple Internet-based services through its various Web portals and mobile applications. The Company's segments include Recruitment Solutions and Real Estate- 99acres. Naukri.com provides...

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NCC gave a breakout from Multi- year trendline resistance. RSI positively intersected the signal line and is now in just overbought condition. Please be guided by the pictorial representation.

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The scrip was in a corrective phase after reaching a 52W high of 96.40.The scrip gave a breakout from the triangle pattern on daily time frame forming a large bullish candle on 03.03.2023 rising 8.3 percent to 72.40 with above average volumes. The stock is trading higher than 8 day, 21 day, 100 day and 200 day EMA . However, it is trading below its 50 day EMA of...

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The stocks has risen by almost 9% in last 5 trading days. Also, stock touched an intraday high of 439.30. The price moved above 200 day EMA on 3rd Apr 2023 which indicates trend reversal. Now it is trading above 21D EMA, 50 D EMA and 200 D EMA, which indicates optimism. Last two day's delivery volume of 41 lakhs was higher than weekly and monthly average...

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The stock hit a fresh 52-week high of 108.85 on 6th Dec 2022, but failed to hold on to the momentum and falling about 17%.It bounced back after hitting a low of 80.35 in 27th Feb 2023 on the daily charts.A double-bottom pattern on the daily charts makes it an attractive buy. It gave a breakout from wedge pattern on 10.03.23 rising 3.17%. It then corrected by...

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Jindal Stainless is satisfying all the terms & conditions of Elliot Wave Theory. Be guided by the Chart. Recommended Target: 355 to 377 Stop Loss: 5 %

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HPL corrected approximately 91% from its IPO price of 198 to reach 18.35 on 13th March 2020. It then took support at lower trendline of descending channel and has risen by 385% in last 3 years. The scrip has been falling in a descending channel ever since its Listing. It broke out of that channel on 30th Sep 2022. Entry: Only above 92 Stop Loss: 85.50(daily...

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REC ltd touched an ATH of 168.05 on 3rd May 2017. Since, it has been correcting and rising, thereby forming an inverted H & S pattern on daily chart. An entry after a close above 126.5 is recommended for assigned targets of 138 and then 165. A stop Loss of 116 on daily closing basis is recommended.

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I hope that the pictorial analysis is self-explanatory.

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The stock hit a fresh 52-week high of 610 on 22nd Aug 2022, but failed to hold on to the momentum, falling about 29%. It then took support at the lower trendline of the wedge pattern , gave a confirmed breakout from resistance trendline on 2nd March 2023, thereby bounced back from a 52W low of 430.85 to an intraday high of 550 on 17th Jan 2023, rising nearly...

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Nucleus Software was in a consolidation phase since 29th Mar 2022. It broke out from that phase on 14 Feb 2023 rising 19.20% in a day. Since that day it has turned bullish rising additional 17%. As per the pictorial analysis on the chart one can go long for the below mentioned targets: Target 1 : 693 Target 2 : 840

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The stock hit a 52-week high of 749 on 21st Dec 2022, but failed to hold on to the momentum, falling about 29% to 532.25. It took support and broke out from wedge pattern to reach a high of 634.20 today, rising about 19%. In terms of price action, the stock is trading well above all the short-term and long-term moving averages. RSI is above 55 and MACD gave...

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The stock reached ATH of 170.70 and then fell 62.68% to reach 63.70 on 11th May 2022. Since, it has been consolidating within a range. Recently, i took support from lower end of the channel and gave a breakout from resistance trendline rising nearly 15% in 4 trading sessions. The stock is trading above its 21 and 50 day EMA, but it is below 200 D EMA. Risky...

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KRSNAA was falling in a descending channel ever since its listed on bourses at a price of 1109.70. It corrected approximately 68% from its listing price to reach an all time low of 353.10 on 28th Feb 2023. But, very recently i.e. on 31st Mar 2023, it successfully broke out of that channel rising by almost 44 % in 2 months. Target: 783 (Potential upside:...

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Glenmark Pharma is trading just 1.65% away from 52 week high of 487.55. Glenmark Pharma broke out from ascending channel with a formation of Cup & Handle kind off pattern.

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BIRLACORP corrected by almost 29% from its 52W high of 1156.55 and took support at the lower side of the triangle formed as seen on daily chart. The scrip has already given a breakout from traingular pattern, but large candles are yet to be seen. Recommendation: An Entry above 933(close) Fundamentals: ICICI MF holds 4.52% and HDFC MF holds 1.1% of their...