Breakout of cup and handle pattern in Aurobindo Pharma. The stock belongs to the pharma sector, so I'm expecting less impact of COVID scenerio on the movement of this stock. #tothemoon Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any...
Bearish pattern in BPCL is forming. It's on the crucial support right now. It's taking support on 200 ema as well, so a breakout below 400 levels with volume can push this stock in bearish trend. Note: This is strictly for educational purposes, I'm still learning the concepts of the stock market. Do your own analysis before taking any positions.
Inverse Head & Shoulder & Channel breakout has occurred in ALKEM Labs today with good volume. It can be a good pick for swing trade. Accumulation can be started at 2790 till 2750 when it retests the trendline. Note: This is strictly for educational purposes, I'm still learning the concepts of the stock market. Do your own analysis before taking any positions.
Cup and handle breakout has already occurred in Naukri on hourly and daily basis. There is a support at around 4000 levels but major support is at 3700-3800 levels. It can be a good buying zone for long term as well as for swing. Wait patiently. Do your analysis before making any fresh positions.
Breakout of Flag pattern has occurred with volume in HINDALCO. It can give quick returns in a short span. One can enter in the positional trade at around 330-335 with a strict stoploss.
Head and shoulder pattern is clearly forming in RIL. Check out the chart for levels.