AARTIIND is taking multiple supports, looks like a good buying opportunity. Support and Resistances are marked on the chart, proper entry and exit is important. The previous rejection candles which are longer on the down side since the past few days are a good indication that this is a reversal point and we can buy here.
IGL has reduced in price by almost 23% from it's previous swing high and now is a great opportunity to buy as the stock is on weekly as well as daily trend line support enter around the price of 466 for Target 1 - 517 and Target 2 - 573. I would recommend reducing position at half at T1 as it is a good resistance and price can fall again from there, if price...
Charts speak for themselves, the triangle formation in there in a long period of range, and after being in a downtrend for years this could be the time for it to go bullish and this is an absolute long term pick, the cup and handle formation indicates that triangle breakout is very much possible this time for stock to break all barriers, since time period is so...
As seen in the charts here, mmtc gave a breakout from round bottom pattern and also from an ascending triangle pattern, after breakout it even retested the resistance line, this is a good signal. Good to buy above 24 for targets 26, 28 and 35, SL depends upon your risk capacity I would recommend below 16 but its too low, thus SL keep yours Disclaimer: author...
Mindtree is forming cup and handle pattern in 1H timeframe, it is also forming a channel range, if range breaks then important resistance level will be 1540, breakout possible targets- 1540+ Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
In IGL we saw a symmetrical triangle breakdown and Reversal from Demand Zone, now it can enter in triangle again.. Targets- 492,504,521, SL- Below 470 Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice.
Cumminsind is near crucial resistance and breakout is very much possible, enter here or on retest, important levels of resistances are marked through yellow line and serve as possible targets. Multiple times the stock failed to breakout past the 615 area, but this time it looks possible. SL can be kept below 584 Disclaimer: author may enter in trade, take your...
Manappuram is forming a parallel channel and is going to face heavy resistance around 180 zone, because it is also forming an ascending triangle pattern in 1W timeframe, the red line below is showing great support thus breakout is hard to occur, breakout possible. Current targets 180,200. SL is the bottom red line
Cup and handle formation in BEL, must watch, can give good returns