Angel one has given a great breakout after it has broken its imp resistance level of 1980 and currently trading at 2080 in last session we have seen profit booking and pull back it seems like it can again test it levels of1980 acting as support and from there if it bounce back then it will be a great trade and we can go long in Angle one from that levels.
There is a clear indication of a double bottom breakout, suggesting the potential for a 2 to 3% gain within a few trading sessions.
The stock encountered significant resistance at the level of 635 after breaking out. Currently, it is retesting this level, which is now acting as a strong support. Moreover, a pin bar candlestick has formed on the 2-hour time frame, suggesting a potential bullish movement in the future. Add to your watchlist
After undergoing an extensive period of consolidation, the Nifty IT has recently shown signs of a double bottom pattern on its one-month chart, indicating a potential breakout above its neckline. It is worth noting that Nifty IT is currently trading at a discount of approximately 22% compared to Nifty 50, which is reaching its all-time high. To maximize potential...
The stock has experienced a strong rally over the past two months and is currently trading well above its 50-day moving average. It would be prudent to wait for the price to reach the level of 1280 before considering any new positions, as this level holds significant importance as a support level.
Can be a good pick for swing trade it is on parallel channel trend support expecting a good bounce back from these levels and even SL seems to less for this trade.
DLF can be a good bet short term after multiple attempt to break trendline finally it broke and again retesting its trendline as support can be a good point to enter.
Keep Cyient in watchlist for swing trade. Cyient has given a positive trendline breakout and sustaining the levels and retested its trendline as support. This stock is developing buying interest above 832 we can see a explosive move !!
Voltas can be kept in watchlist for swing trade it is trading at strong support if market remain positive we may see sudden bounce make and can give up to 5% in short term.
Voltas seems to be on its strong support can be accumulated for long term and even good for swing trade as well from with strict stop loss
Keep a close eye on HCL tech it may take a support from its trendline or if market remains week we may see a breakdown
Triangle breakout can give good upmove from here keep it in watchlist
Deepak Nitrite is looking good above certain levels. It is retesting it support and if sustain then we may see fresh upside
Resistance breakout trade can give return in short term do follow strict SL
Channel breakout can give good up move, Do follow strict SL
Havells looks good above 1158 can be considered for swing trade with strict stoploss
Tata chemical have given trendline breakout and after it had retracement as well and again it has taken support on its trendline looks good for swing trade above 970
Keep a close watch on Naukri consolidating from long now can give a breakout soon.