Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume. Disclaimer: I am...
NMDC Steel Ltd NSLNISP is on trendline support on the daily time frame with good volume. The stock can head towards 60, 65 in short term. Stop loss can be placed at today's low which is 52.91. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is...
IMAGCIAA World LTD has given a Range Breakout on Weekly time frame with good volume. The stock can possibly head towards 120, 150 levels in the coming few weeks. Stop loss could be placed at 76.25 (low of weekly closing). Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst. Investors must consult a...
Star Health and Allied Insurance Company Ltd (STARHEALTH) has given a trendline breakout on the weekly chart frame (WTF). The stock could head towards 610, 650 in the coming few days. Also, increasing volumes can be seen on the WTF. The stock is also trading above 200 EMA level, which is placed at 558 (on daily time frame). Stop loss can be placed at the low of...
MPHASIS (CMP: 2,873) has given a breakout on weekly chart. The stock has formed a cup and handle pattern on weekly chart. Possible upside from current level remains for 3,000, 3,200, 3,500. Also increasing volumes can be seen on weekly chart. #MPHASIS Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst....
Precision Wires has given range breakout on both weekly and daily time frame. In the coming few days, the stock could achieve 170, 180, 200 levels. Also, good volumes can be seen on the weekly chart. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment....
Oracle Financial Services Software (OFSS) has given a range breakout on a daily time frame today. The stock could head towards 8400, 8,700, and 9,000 in the coming few days. The stop loss can be placed at 7,742, which is today's low. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial...
Bsoft will be giving a range breakout tomorrow if it closes above 654. Also, it might cross 50 EMA and 200 SMA level (655). Closing above 654 tomorrow, we shall see 690 level initially, and then 720. Stop loss can be placed at the low of tomorrow's closing candle (Friday, 7th June). Disclaimer: I am not a SEBI registered analyst. All the stocks are for...
Samvardhana Motherson International Ltd has given a multiyear breakout. The stock can head towards 200, 250 in the coming few months. Support is at 135, can retest the same level again. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a...
J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes....
KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must...
Emami LTD has given a trendline breakout on a weekly time frame. The stock might head towards 680, 750, and 800 levels in the next few months. Also, a volume spike is visible on the weekly closing candle. The stop loss can be placed at 588 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a...
IRCON has given a range breakout on the daily time frame. The stock has the potential to head towards 270, 300 in the coming few days. The low of the 26 April candle (242.60) can be the stop loss. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It...
Jubilant Ingrevia (CMP: 555) has given a trendline breakout on the weekly chart. The stock has the possibility to head towards 600, 630, and 700 in the coming few months. View invalid below 483 (Weekly Closing basis). Also, good volumes can be seen on the weekly chart. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes....
Asian Paints has bounced from 200 EMA on a Weekly Time Frame (2788). Now at 2853. It is possible that stock could head towards 2900, 3000, 3100, and 3200 in the next few months. View invalid below 2776 level. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any...
Trendline Breakout is seen on the Weekly chart of Aarti Industries. The Stock has a possible upside of 550, 578, 712. The pattern will invalidate below 475 (W) closing. Also, the stock has formed a double bottom formation on the Weekly time frame. Additionally, it's near 50SMA. Disclaimer: I am not a SEBI registered analyst All the stocks are for educational...
Mangalore Refinery and Petrochemicals Limited (MRPL) is giving a multiyear breakout on the monthly chart (also weekly). The possibility of upside is for 206, 260, and 290 levels. Also, continuously increasing volumes are seen on the monthly chart. The level of 148 can act as support. Disclaimer: I am not a SEBI registered analyst. All the stocks are for...
JSW Infra has given a breakout on a daily time frame. In the coming few days, the stock can head towards the 300 level. The stop loss can be placed at the low of Friday's candle which is 243. Also good volumes can be seen on the daily chart frame. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a...