Apollo Tyre showing Cup & Handle Pattern. Recently, the stock has given a break-out and is re-testing its resistance. Enter Between 205 - 208 Stop Loss: 185 Short Term Target: 245 Time Frame: 1D
Based on Symmetrical Triangle Pattern - Bullish Variant: Tejas Net is good for buying if the stock breaks the level of 190, supported by high volume. Buy Tejas Net above 190 Stop Loss: 170 Target: 250 Note: Breakout move needs to be supported by high volume
Based on Ascending Triangle Pattern - Bullish Variant: SESHAPAPER is good for buying if the stock breaks the level of 185, supported by high volume. Buy SESHAPAPER above 185 Stop Loss: 160 Target: 220-250 Note: Breakout move needs to be supported by high volume
Based on Cup & Handle pattern: Jyothy Lab has tested its major resistance and shown some retracement. The stock is good for buying. Buying Point: 166 Stop Loss: 145 Targets: 190-220 Anticipating a good move in the upward direction.
Godrejcp has given a Price Volume breakout at major resistance. The stock has also re-tested its previous level, now acting as a support. Buying Point: 809-815 Targets: 900-975 Anticipating a good move in the upward direction.
Based on Cup & Handle pattern: Coal India is good for buying after showing some retracement in the last couple of days. Buy Coal India near 158-160 levels Stoploss to be kept at 145 Target 185
Based on Inverse Head & Shoulder Pattern: The stock has re-tested its support level at 580 after a breakout with high volume. Buy Radico Khaitan near 580-590 levels, Stoploss to be kept at 540 Target 660
Based on Cup & Handle pattern: Sun TV has tested its major resistance and shown some retracement. The stock is good for buying. Buying Point: 550-560 Targets: 650-750 Anticipating a good move in the upward direction.
As per my analysis, BANKNIFTY if breakout above (19300 - 19400), One can see an uptrend in the BANKNIFTY. If BANKNIFTY breaks the lower thin support of 18776 (approx 18700), One can see a down trend in the BANKNIFTY. Technical Analysis shows: Resistance 1: 19300 - 19400 Support 1: 18350 - 18450 Support 2: 17150 - 17250 AVOID TRADING WHILE BANKNIFTY IS NEAR IT'S...