Indiamart intermesh breaking out of symmetrical triangle pattern on weekly timeframe. Can be a good bet especially when seen with uptick in IT sector.
Garware technical fibres broke out of symmetrical triangle pattern on weekly charts with good volumes and after long consolidation. Company is known to good moat and is fundamentally strong.
The recent move by Nifty 100 signals a new phase of the Bull market will start soon. Trendline resistance has been broken with a wide-ranging candle signaling another secular bull rally in the new year. Happy New Year to all.
Havells has broken out of head and shoulders pattern on a daily time frame chart. Upside targets of 15% possible after the clear breakout from the neckline. Targets and stop are indicated on chart.
Thermax has broken a key resistance and is showing strength even in weak market. This can play out on 3 month to 1 year timeframe.
Aster DM looking strong on the weekly chart. If the new Omicron spreads, this can be good Hospital play.
Castrol, after months of consolidation showing strength and possible trend reversal. The stock has decisively broken out of the trendline resistance on weekly chart supported by rising volume. Prior Highs can be the potential targets. (marked on chart). Follow me if you like the ideas. NOTE- Do your own analysis before taking the trade. This is not a "buy" or...
Adaniports can breakout anytime from triangle consolidation on hourly chart. wait for confirmation and possible retest of breakout level for entry .
KEC looks good on charts. Broke out of trendline resistance. Target can be prior all-time high.
ABFRL (Aditya Birla Fashion) broke out of trendline after healthy consolidation. Probably will continue series of HH and HL. Looking strong for short term swing trade. Target and Stop Marked on chart.
Avanti feeds looking to breakout from long term trendline on weekly charts. Targets can be prior Highs. Good for positional medium term trade. (3 month to 1 year).
Kajaria Broke out of flag and Retested. Looks good for swing Trade.
On 2 Hr time frame, Bitcoin forming a clear inverted Head and Shoulders pattern. Wait for neckline break and possible retest of the neckline. The target can be height of head projected after the neckline. Please enter only after break of neckline and possible confirmation.
Beautiful flag breakout in HDFC Bank. Good for positional trade. Stagger your entries and be aware of overall market sentiments.
Amber trading in tight ascending channel. Showing lot of strength after taking support from the lower end of the channel. Long entry can be considered for target upto the upper band of the channel. Keep on eye on the overall market sentiments too.
Amber trading in a upward ascending channel. Currently showing lot of strength after taking support from lower end band of the channel. Long entry can be considered for target upto the upper band. Keep an eye on overall market sentiments too.
Negative RSI divergence on the daily chart of Adani Enterprises. A good candidate for Positional Short. Note- Strictly for educational purposes. Do your own analysis before taking the trade.