Paints Giant - The Great Asian Paints is all set for a new all time high after giving strong Q4 results it has given a huge breakout and is sustaining above it. As it is in continuation phase and will move forward after it gives a breakout and close above its all time high. 3250 is the next Fibo target.
As you can see in the chart. If we crosses above resistance of horizontal trendline marked in the chart we can see huge upside movements in the coming week. Keep a look at the nifty IT sector in the coming couple of weeks.
Ushamart is given multi year breakout. This is the weekly chart of the Usha martin and has broken the trendline resistance even the horizontal resistance. Buy it now or on dips till it comes to support. The levels mentioned on the chart are Fibonacci levels and are working very well. You can buy now and hold for short term in the near future.
Just a recent observation during back testing of HDFCBANK that every imp level is placed at near 5-6% upwards. It can happen with any other stock also but this is my kind of observation in this stock only. HDFCBANK chart is the most clean and neat chart i have ever seen personally. Beautiful and clear movement in the whole chart.
Tata Power is the most hyped stock right now. it was getting rejected from the trendline from the past couple of years as you can see in this monthly chart. Finally it has broke the trendline and moved forward after retesting the trendline. You can add it anytime now and hold for the target of its all time high.