APOLLO TYRES It has given breakout of Ascending Triangle pattern + retested the breakout area. It has also given breakout of 200 EMA on daily timeframe & from major resistance zone of 205-206 levels. Buying Range 204-207 Targets 213.50-221-227-231-237.50-241 SL 193
BHARTI AIRTEL It has made a good base at 640-660 level . It gave good bounce back from major support zone Bullish Engulfing Pattern is formed at support which is the trend reversal pattern , this changes the trend from downtrend to uptrend. Good for positional trading. Buying Range 670-690 Targets 699-715-735 SL 635 Closing Basis
Positional Trade DEEPAK FERTILISERS : Monthly Timeframe It has made Cup + Handle pattern on monthly timeframe & gave breakout of that + made a retest of breakout. Buying Levels 480-510 Targets 612-576-767-935.
VEDANTA : Daily Timeframe Analysis It has been resisting around 385-388 levels from which it has reversed several times, from which it gave breakout with good volumes Buying Range 390-395 Targets 411-425-442 SL 380 CLOSING BASIS
CANARA BANK - 4HR TF Analysis It has formed good base at 186-196 levels , from where it has given bounce back. It was resisting from a trendline since last 2months, recently it gave breakout from that resisting trendline. BUYING RANGE 219-22 TARGETS 233-247-264 - 274
TITAN COMPANY Stock was consolidating in Ascending Triangle Pattern . Recently It gave breakout from Neckline of Ascending Triangle Pattern . It also gave breakout from Volume Profile indicating good volumes by buyers and buying volumes more . It also gave breakout from 50EMA . Buying Range 2550-2520 Target 2620-2680-2800.
ICICI BANK LTD. has taken support of the major support zone. It is a good Buy around 708-720 It can be added for Investing purpose as well as trading purpose. Targets - 736 763 789
TATA STEEL has taken support of major support zone which is 1070 to 1035 on Daily TF. Expecting tata steel to bounce back strongly from that zone of which it has shown some good momentum. There is a bullish divergence on daily timeframe as well . Huge spike in volume is seen today. BUYING ZONE 1070-1090 STOP LOSS 1025 CLOSING BASIS TARGETS 1252 - 1330 - 1430
UPL LTD. Daily Timeframe. It has been moving in channel since JUNE 2021 from which it has given breakout recently and also retested the breakout trendline.