Wipro is giving a major trendline breakout at the level of 530. It is a signal of long in wipro. We can buy this stock at the current level@535 with aSL of 495 on closing basis. Target will be 590 & 640 respectively in a very short term. More upside potential possible up to the level of 700.
MIDHANI has given a clear cut range breakout in the weekly charts. The candlestick clearly indicates a range breakout with the lower end of this range is 145 and higher end is 250. A positive crossover of indicators also been visible. The breakout of this range comes around 4 year. The pattern shows a target of 300 in very near term and the value of stock can...
A clear cut confirmed breakout of rounding bottom pattern formed on daily hart of Laurus labs at 340 level. Can go up to 400 in very near term. Can go long with strict so of 335.
A bullish breakout of inverse head and shoulder pattern is likely to be happen in KPR Mills stock on weekly chart. The stock has given a clear cut breakout of inverse head and shoulder pattern with Neckline placed at 615 level. The stock is in a strong bullish momentum . The rising trend-line shows the formation of higher highs. Any sustainable move above 640 ...
PNB housing finance is likely to create a bullish inverted head and shoulder pattern on its weekly chart. The price level is semis attractive and can extends further to a level of 850 after breakout. Keep an eye over it. Thank you.