head and shoulder breakdown in info edge. target is 1800 which is the nearest support. all technical indicators are bearish
Rectangle pattern breakout in praj industries in daily chart. Good volume support. This rectangle pattern is just a halt to the upmove started prior it as the volume dries down during its formation. It also seems bullish flag pattern breakout in monthly chart So, it is looking very good. First Target is 510 and second Target is 610. Stoploss is 391.
Cup and handle breakout in Deepak fertilisers with good volume on weekly time frame. All indicators are bullish. First Target is 915.
Box Breakout in polycab with huge volume. If it sustains above the breakout level, it can go upto3145. Stoploss is2545.
Box breakout in polycab with good volume. If it sustains above the breakout level, it can go upto 3145. Stoploss is 2545.
Price makes new 52 weeks high with the breakout of previous resistence and manages to close above the previous 52 weeks high with good volumes. If it sustains above 435, it can go upto 520. Stoploss is 429.
Rectengle breakout in tata chemicals with huge volume and huge delivered quantity. Technical indicators are bullish. If it sustsains above breakout level, it can go upto 1100 which is the target Stoploss is breakout candle low.
Rounding bottom breakout in India cements in weekly chart with very bullish bar and huge volume. All indicators are bullish. Strongest stock in the sector. Stoploss is 180 Target is 400
Box breakout in nbcc with huge bullish bar along with higher volume. Indicators are bullish If it sustains above 48.5 for few days, it can give a swing upto 60 which is first target.
Symetrical triangle breakout in sbin daily chart. RSI is also bullish. If it sustains above 487 , it can give a short term swing upto 520.
A pennant breakdown occurs in an established downtrend in sbi. Price is below 55 ema. RSI is also bearish. Volume is more Than twice on breakdown day. If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.
Cup and handle breakout in TCS on daily chart. RSI is bullish ( above 60). Price is above 55 EMA. Nifty IT is making all time highs when nifty is making lower lows , so there is strong support of sector. In last two days , there is huge increase in open interest ( long bulid up). If it sustains above the breakout level , it can give us a good swing upto 3900.
Inverse head and shoulder breakout in hcl tech. volume and open interest are increasing. rsi is above 60 so momentum is increasing on upside. it can give us a short term swing upto 1290
Bearish flag breakdown in ambuja cements + support broken with high delivey and high open interest ( short build up ). clear downtrend as price is making lower lows and lower highs.