Indoco Remedies is trading in a range from almost 2 years. Can be a good investment opportunity after breakout. Keep on radar. Pharma sector is also doing well.
Ultra Cab is looking good on daily time frame. Stock is forming rounding bottom pattern. Keep on radar.
IPL is looking good on weekly time frame. Stock is trading near all time high zone with good volume accumulation. Keep on radar.
Glenmark Life Sciences Ltd is looking good on weekly time frame. Stock is trading near 2 year range breakout. Keep on radar.
Banswara Syntex is consolidating on monthly time frame. Can accumulate at CMP with SL of 130 on closing basis.
Metal sector is performing well. SMLT is yet to participate in the rally. Keep on radar. Stock is offering entry near support levels.
RBL is finally attempting to break triangle consolidation. Can be a good investment if close above breakout levels. Keep on radar.
Aspinwall & Co is looking good on monthly time frame. Keep on radar for breakout of triangle pattern.
Uniparts India is trading near support levels on weekly time frame. Can be a good low risk trade.
SCI is consolidating near breakout levels. Keep on radar for monthly closing above 176.
Bank nifty is forming double bottom on daily time frame as per inverted scale. Need to be careful till pattern is intact.
Mallcom Ltd is trading near range breakout on weekly time frame. Keep on radar for closing above 1155.
Small Cap Index is forming shooting star candle on monthly time frame till now. Need to closely watchout for month end. Shooting star formation at month end can lead to retest the trendline on longer time frame.
Nazara Technology is looking good on daily time frame. Stock is trading near breakout level. Keep on radar.
Bank Nifty is trading in a range of 47600-48200 from 4 days. After touching the upper level of range, bank nifty is trading middle levels. If sustain below 42870 can expect bank nifty to touch lower level of given range also.
Confidence Petroleum is looking good on weekly time frame. Stock is trading near breakout level. Keep on radar.
SCI is looking good on monthly time frame. Stock is crossing all time high level made in 2007. Keep on radar.
IDEA forge is looking good on daily time frame. Stock is consolidating in a box and attempting breakout. Keep on radar.