For investors seeking decent returns without significant risk, Asian Paints seems a viable option. Consider accumulating shares in each Dips , aiming for a target range of 3430-3490.
ApolloHospital swings with SL of 6100 or below the 20 EMA. The stock forms a W pattern with good volume according to technical analysis, it should be considered for a long position. ***Safe Traders, Trade only if get a closing above 6474***
Watch the movement of BPCL in the upcoming days. A bearish trend appears evident if it falls below 355. All analysis will be based on the closing prices of daily candles.
Eicher Motors recently formed a W pattern on the price chart, indicating a potential reversal followed by a breakout. However, it is worth noting that the volume during this period was normal, which could be a cause for concern. Despite this, the overall outlook appears favorable for a long position.
The Nifty IT index has formed an inverted Head and Shoulders pattern and successfully broke out above the 29100 levels. Same INFY also created an inverted Head and Shoulders pattern and successfully broke out above the Resistance levels. Now you have two options: Either wait for a retest of the breakout level OR capture this bullish move (Risky Traders).
The Nifty IT index has formed an inverted Head and Shoulders pattern and successfully broke out above the 29100 levels. Now you have two options: either wait for a retest of the breakout level or capture this bullish move by adding IT stocks like INFY, TCS, Wipro, etc. to your portfolio.
SRF's downward trend was showing, as it crossed the following trend and formed an M pattern conformation.
GRASIM Bullish view. Can consider buy above 1782.5
GRASIM Bullish view, Breakout . Buy can Consider above 1781.5
Tata Steel bullish Breakout on Closing basis above 113.9
Jain Irrigation pattern formation, Hope this time it breaks the ₹39-40.5 resistance BREAKOUT