Reverse Head and Shoulder pattern formation in Larsen and Toubro in daily chart Expecting conservative target of Rs 1900 within 1 year. Rs 1500 to Rs 1550 will act as solid support zone Do your own analysis before investing.
Tata Consumer Breakout with higher volume on daily chart, expect the upmove to continue RSI still below 70 showing still headroom there for higher moves Short term support at 780 levels Mid term support @ 750 Levels
Clear break down on the daily chart of ICICIGI from trend line support. Expecting the stock to test 1440 in short term SL for this trade is swing high of 1560 Do your own analysis before action on this trade
Guys, LIChsgfin CMP 410, just broken its upward trend line yesterday post results which was below expectation, it will test the previous swing low placed near 470 before any chance of bounce. Do your own analysis before investing.
I see Bajaj Auto PRZ around 3700 to 3735 zone. Conservative investors can wait till this level to enter the stock with the target of 3900 Aggressive investors can start investing from current price level and keep accumulating on all fall Maintain SL of 3650 on closing basis Do your own analysis before making the investment
Tata chem still trading within triangle pattern in weekly chart. Volume is still not good enough even though the price has moved higher last week. Strong resistance zone between 780 to 800 Stock need to close above Rs 800 on WCB to confirm breakout. Lookout for short chance next week, if stock starts to trade below 750 levels on 15 mins time frame with SL @ 780
Mcdowell facing resistance near mid term supply zone of 680 to 685 levels RSI also cooling off from above 80 levels Immediate support at Fibonacci retracement level of 615 to 621 level Keep SL of 685 on daily closing basis Do your own analysis before trading
After few days of consolidation Kalpataru power showing signs of revival in daily chart. Psar indicator formed below the price today and price action with good volume also seen. Can go long around CMP and on dips till 420 SL is Rs 415 Time frame is 1 week or 5 business days. Do your own analysis before investing
Exide in short term down trend Can go short around CMP 181 with SL at 188 Overall view is that this stock trading within a triangle as per chart. Major Support is at 170 and major resistance at 195. Do your own analysis before investing.
Suntv is about to give Inverted Head and shoulder breakout on the weekly chart Rs 575 is the key resistance zone to watchout for. Once crossed above this level on weekly closing basis this stock will move high very quickly. Do your own analysis before investing.
HNS formation complete in Apollotyres Stock is in process of retesting neckline at 220 to 222 Zone. Once retest this stock could move higher. Buy in staggered manner till 215 level with SL @ Rs 199 Closing basis Do your own analysis before investing. Fundamental reasoning is that Promoters are aggressively accumulating this stock since last 1 year. This gives...
Cup and handle formation completed in Greaves cotton. CMP Rs 151 Target is Rs 180 SL is Rs 120 Do your own analysis before investing
After long consolidation stock ready to give a spurt in price. Can go long around CMP 1260 with SL at 1200
Cup and handle pattern in NBCC Go long with target of Rs 90 with SL @ 46
Biocon bouncing from PRZ Rs 365 to Rs 370 Levels. One can enter long in this stock with SL Below 345 on closing basis Expecting Rs 410 as 1st Target RSI moving higher from 30 to 48 levels gives additional support to our view. Do you own analysis before action on this idea. All the best
NMDC showing positive momentum on the daily chart Exactly bounced from 50% retracement level and its good for more higher levels Immediate target is 205 within 1 to 2 weeks Stop loss maintain at swing low 171 on closing basis Result expected shortly. So keep your qty under check. Do your own analysis before investment.
Clear breakout given by Escorts out of resistance zone of 1190 and 1200 levels. Can go long with SL @ 1130 closing basis.
This stock has bounce from 50 DMA in previous 4 attempts, this is the 5 chance. Expecting history to repeat itself. Can enter with SL at 1135 closing basis Do your own analysis before entry.