Long position at 5200-------SL 4150---------target 6500
Tata chemicals is showing divergence on daily time frame .Same is being backed by Head and shoulder pattern. closing below 670 can lead to a price correction of 560
HDFC life insurance is taking support at lower end of rising channel Entry 670 SL 620 T1 750 T2 800
FMCG sector has highly underperformed in recent bull run and sooner it will be catching up with the market gains HUL is forming a ascending triangle pattern on weekly time frame ,go long on break above the 2500 for a target of 3200
LUPIN cup and handle breakout...Enter at the CMP and add on dips SL OF 1020 Target 1380 to 1400
SPARC has made a breakout above its resistance of 210,with a inverted head and shoulder pattern. Volume increase on formation of right shoulder followed by a breakout gives a strong confirmation .. Upside potential of 40-50% Target 340
More pen lab is setting up for explosive move. Fundamentals of the company has seen drastic improvement in FY2020-21 also they have seen a significant increase in market share for API(active pharmaceutical ingredient) .Note Cash flow from operating activities has gone up by 4 times and company has a positive net cash flow. Stock has given closing above its multi...
Lotus eye hospital broke multi year high, we are witnessing a cup & handle/rounded bottom formation Stock ready to move higher Target 75
Stock broke a long term trendline and was in consolidation. It has made a inverted head and shoulder pattern during that period. One other thing to notice is that as the price moves higher the stock is gaining volume and when it goes down there is not much volume involved .We might be witnessing a retracement of 50 to 61.8% retracement in coming weeks. Target...
MOIL Limited has reduced prices of Manganese Ore and other products by 5% from May 1, 2021. “In line with the business practice of fixing/revising prices of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from May 1, 2021, as under,” the company said in a regulatory filing...