HAPPSTMNDS: SL 1450 TARGET: 1504 the stock has taken good support on the highlighted trendline. We can expect 1500+ levels. Please do your own study before any trade.
UPDATE ON KOTAK BANK. AFTER GOOD MOVE from a breakout of 1825 to 2017. which is the resistance of the channel pattern on the weekly chart. after a good move in the stock, it may cool off. So we have to wait for the breakout above 2017 and sustaining on these levels. If it doesn't manage to give breakout and correct, then it may take support near 1950-60. Let's...
KOTAKBANK: Kotak Bank is about to give the breakout of a sideways/parallel channel pattern. above 1825 is break. Kotak Bank is in sideways from March 2021. If today or in coming days if it manages to give breakout above 1825 and sustain above that level then in a positional way we can expect 1900+ levels. Keep in your watchlist. once we get the breakout we'll...
ICICI BANK: Stock moving in Ascending channel pattern and can touch the upper trendline of the channel. With SL of lower trendline trade for upper trendline target i.e., nearby 744
MAZDOCK: the stock has given a breakout of descending channel pattern. Keep breakout level as SL and short term target will be 274. Do your own study before any trade. SL 254
EASEMYTRIP has given a breakout of the ascending channel pattern. 510 & 520 will act as support. RSI indicating trading in the overbought zone so keep watch let it cool of and if get near support or holds at support levels then accumulate. for good move in coming weeks/months.
ITC: ITC again showing positive move on the chart. If it manage to sustain above 217 then we can see 224+ levels. Keep it in your watch list. do your own study before any trade.
HAPPSTMNDS: is gain ready for the move. If it manages to cross and sustain above 1504 then it will again touch 1532 level. If it breaks the 1532 level and give closing above these levels then we can expect good upside in the stock. Keep in your watch list
BECTORFOOD: on weekly chart it is moving in ascending channel pattern. If it manages to cross the middle of the channel pattern i.e., if manages to cross the 432 and sustain then we can see good move in the stock. So keep it in your watch list.
NAM_INDIA is about to give above 442. If it manages to give breakout and sustain above breakout level, then we can expect a good move in the stock for the coming days/weeks/months. It has formed a rounding bottom pattern. We'll wait for a breakout and sustain above the breakout level. Keep in your watchlist. After the breakout & sustain above such level, we can...
EASEMYTRIP. Moving in ascending channel pattern. Today made good move with volume. As per the channel pattern we can expect it will cross 500 mark. So trade as per your own study and target.
IBULHSGFIN: on weekly time frame moving in the ascending channel pattern and as we can see it has taken support at the lower trendline. If it does break the lower trendline of the channel pattern we can expect that I will continue with the pattern and can touch the upper trendline. Keep SL at 218 and we can expect 251, 269, 284 & 300
HDFCLIFE: After the breakout of the Inverse Head & shoulder pattern stock was in sideways and now given breakout. as we can see after breakout it has some profit booking so we will wait for the reversal on the chart to trade. As per the IHNS pattern, we can see the target of 850+ in the coming months/year. Keep SL @ 716. It is long-term positional trade view
DELTACORP Moving in ascending channel pattern and shown several from the bottom trendline of the channel. As per the ascending channel pattern we can expect it will continue and can touch 206 or upper trending line of the channel pattern. Keep SL of the bottom trendline on breaking on a closing basis.
HAPPSTMNDS. looking good above 1446 for the target of 1533 with SL 1375. It is moving in a kind of parallel channel pattern.
AXIS BANK. Breakout of Inverse head and shoulders pattern. Keep SL of the breaking trendline and go for long 804 & 830
SBI showing reversal from the support and can touch 420 - 426.
POLYMED. look good if it crosses 940 and sustains then it will touch 1020. keep watch on the level.