Birla corporation has been swinging to give 10 - 15% profits. The stock also has shown a bearish divergence in the weekly chart on 1st and 2nd week of July and dropped from 1648 to 1218 from July to now.
In the daily chart the stock has shown buy opportunity on 13th August when the RSI has gone below 30 with a MACD Hist slope showing positive sign of bulls gaining...
This stock is moving between 1550 - 1850 ever few weeks. The low has been around 1562 and has reached this region in 24th March, 13th May, 5th June and 9th August.
This stock can go from 1550 to 1800 in next few weeks giving a profit of 10% to 15%.
Entry below 1575 and Exit between 1825 - 1850. Stop loss at 1500
IRIS Clothing is oscilating between range of 74 - 89 every few weeks. It is again nearing the lower spectrum. Purchase below 79, stop loss at 72. Sell at 86 and above.
Vaibhav Global Ltd shares corrected 43% after having a bearish divergence in 29th Jan 2024 peak of 541 to 306 last week. The low of 306 and two weeks prior matches with a previous 52 week low of 270.
This stock can increase at least 20% in short time also can give 50% within in a year. Exit the stock if it touches 270 again.
Note: This technical trend analysis...
