kugan_vel

kugan_vel

W pattern breakout happened last week and may now retest near the trendline or at the neck level of W pattern. The target based on W pattern is in sync with the all time high level. So metal stocks may be ready for next rally next week.

kugan_vel

Tata Motors is trading near 7Y trendline. 1. A huge breakout - Low probability as volume didnt increase significantly 2. A consolidation may happen over the trendline before breakout 3. Minor correction before breakout Overall it looks bullish for long term.

kugan_vel

This is an analytical view based on price action. Refer Fib levels for series of targets. Final target target is in sync with: 1.Trendline from Feb 2020 2. Pole length of Mar-May 2021 3. Fib target of 3.618 marked from the recent swing high and low Post your view on this analysis for a healthy discussion. Note: This is my personal view. Am not SEBI registered....

kugan_vel

Amarajabat has fall down to Daily 55 MA. It may further fall till 700. Observation: - retracing to 0.618 level which is 700 - Currently trading within 18 months channel and may take support at the floor of the channel which is 700 If the price doesn't break the channel downside, the price will reverse and turn bullish.

kugan_vel

SAIL trading around the 14Y trendline. It may give a big breakout or a steady rise, It is also supported by a cup and handle pattern in Daily timeframe. overall it is bullish and looks very good for long term. Positive Signals: - Trading above monthly 200 MA - Trading over 14Y trendline - Cup & Handle formation supporting the bullish trend Short Term target is...

kugan_vel

TCS may go rangebound for the next 3-4 Years and is likely to trade between 3300 - 4000. Looking at the last 2 quarter results not meeting the estimate, price may consolidate for the next few years. If TCS can give good results for the next few quarters, price may take-off again from here breaking the channel. This is my personal analysis and am not a SEBI...

kugan_vel

Bosch is hovering around very significant price. Multiple bullish patterns are observed. However a small pullback is expected pre/post breakout. - 2Y head & shoulder pattern - 6.5Y trendline - 3. 5Y resistance line

kugan_vel

PFC is at the verge of multiple pattern breakout in monthly timeframe 1. 4Y double bottom pattern 2. 2Y inverted head & shoulder pattern 3. 10Y trendline breakout

kugan_vel

GAIL is likely to give a 3Y trendline BO. Currently trading above 200 and 50 MA. Overall trend looks bullish. Good for positional trade if the trend continues. Target 1: 171 Target 2: 200 Target 3: 236

kugan_vel

Maruti is forming a long term inverted Head & Shoulder pattern. A huge breakout is expected after the first target is hit in the coming months. Treadling and pattern breakout is likely to happen

kugan_vel

This analysis is done by using Price action, Chart pattern and Fibonacci levels. Tata Steel looks bearish for the next 2 weeks based on the below analysis 1. There is a trendline breakdown 2. The resistance level is tested multiple times. There should be a breakdown possibly from this level. 3. A cup &handle handle pattern is formed which is also a sign for...

kugan_vel

SAIL looks bearish with inverted Cup & Handle pattern. Target - 100 SL - 126 CMP - 122.4

kugan_vel

A huge breakout is expected with targets 511, 527, 574, 621, 650 to hit the top of the channel

kugan_vel

Cup and handle pattern is formed. Breakout is likely to happen in today or tomorrow trading session.

kugan_vel

Tata Steel - 10 yrs trendline breakout. Likely to hit 927 level soon.

kugan_vel

L&T Housing Finance looks bullish currently, but moving towards resistance level 100. If the breakout happens at this level the price will hit 134 by March. On the downside, if the trend reverses, the price can go down upto 90 and hits back.

kugan_vel

Lupin to hit the target of 1061 around Jan 8. Possibility for a short term profit

kugan_vel

SBI likely to touch 312 by March max with a possible breakout this week