We can see a breakout in the trendline of BPCL, which acted as a resistance at multiple levels. This breakout is followed by the crossing of the stock price above 200 EMA and a retest. The stock price has shown us a buy signal with the help of a strong green candle formation. We can expect the stock price to move to 379.45 as it will act as strong resistance in future.
We can observe a strong bullish movement on 200 EMA acting as a support. Stock is expected to move by 10 per cent in the coming week
Coal India has shown a strong breakout on a weekly time frame and it can provide the best returns in long term with good dividends. The stock crossed 200 EMA on 31 August to 2015 and from that the stock was in a downtrend and it fell from 347 to 109, but now it is showing strong signs of bullishness as it has crossed 200 EMA with a good volume and a retest...
Breakout of Inverted Head and shoulder from a very important resistance level. The target of 10 per cent for swing traders.
We can observe a trendline breakout in Reliance Industries with a good volume. IF the rally continues we can expect a return of 10 Per cent (Target).
We can see 200 EMA and trendline support in Prince Pipes. A morning star pattern is also observed which means that the Price is taking support and it closed above the opening of the red candle which shows great buying in the stock.
Buy at a Strong Green candle (Bullish engulfing) with Good volume and put your stop loss below the Neckline of the pattern
Enter at a strong bullish candle with good volume for the target.
Ascending Triangle breakout in HFCL. Best Opportunity to go long in this stock.