Rossari Biotech is a fundamentally strong company and today it has tested its support level. The stock can give good gains from here if the support is followed. Keep on your radar.
Alkyl Amines looks likely to bounce from these levels as it takes support. Balaji Amines has shot up after a correction, while Alkyl has not seen a correction as severe as Balaji on the price front, Alkyl has given a good consolidation in this range. Looks good for buying and holding.
Balaji Amines has taken support at good levels after a small correction that the stock witnessed. The stock can be added for further gains. The chart is self explanatory.
DLPL has taken support at crucial levels and has shown strength to bounce back in this turbulent environment. Keep it on your radar.
ITC is a retail favorite, however, for the past 7 years, the stock has not done anything. Looks like all that is about to change. Chart is self explanatory. I have shared a monthly chart (log) and have also included Fibonacci retracements on this one.
Vmart has given a good breakout. The stop loss is mentioned and the chart is self explanatory.
I have made a complete Stock Analysis video on the same on my YouTube channel, this chart will compliment that video. Laxmi Organic is a chemical company primarily involved in Acetyl Intermediates and Speciality Intermediates. They are also looking to foray into Fluorine Chemistry in the future.
Sangam breakout in this one (Double Trendline Breakout). Chart is self explanatory.
Chart is self explanatory, wait for confirmation on the big breakout.
Praj Industries is consolidating very well in the zone, likely breakout in the future can propel it to new highs. Keep on radar.
The stock is on its support level. A wedge formation is underway. Should bounce back from these levels.
This week we have come across Can Fin Homes and the chart looks very solid. Stock is at All Time High, keep a stop loss at Rs.650 and go long in this one.
Escorts looks very bullish, keep a stop loss at Rs. 1385, other lines, etc. are marked. DO your own analysis before picking shares.
Nazara is making a range between Rs.1650 and Rs.1800 where one can look to accumulate the stock.
ICICI Lombard should sustain the breakout this time. While deeper stop losses can be followed, for short term trades, I feel, one should stick with the stop loss of Rs.1540
Dr. Lal PathLabs is in a consolidation mode and it looks good to buy it over here.
A long term trendline of HDFC Bank was recently broken. The line offered good support to the chart. Currently the same line might act as a resistance. However, seeing the bullishness, I am tempted to stay long in this script but with a tight revised stop loss of Rs.1520
Maintain Stop Loss at 16340 with this one. The market breadth looks decent however, Nifty looks a bit tired on charts for the short term. Long term is very very strong. Do not exit your winners in this bull market.