Ashok Leyland has given bullish head and shoulder breakout with Volume.
Good to add for Swing Position
Buy Ashok Leyland
Between 170-172 Stop Loss: 165
Target 1: 180
Target 2: 183
Target 3: 190
Based on Index movement SL
may be trailed.
Will keep posted.
Buy Star Health above 555
SL 534 (21Rs)
Target 1: 586
Target 2: 600
Target 3: 618
Target 4: 639
Duration 1-2 month
Insurance sector is underperformed , expecting reversal in the sector. Entry before breakout with smaller stop loss
Buy ChemPlasts Between 466-490
Target 1: 541
Target 2: 604
Target 3: 668
ChemPlasts has given Classic Head and Shoulder pattern breakout and tested the breakout
Previous lower high broken with Volume
Forming rounding bottom
HDFC Bank has given triangle pattern breakdown.
Volume has not given the confirmation, current week volume is less than previous week.
Expecting breakdown retest and their after validation of the breakdown.
Bank Nifty has retraced its 50% retracement level after up move in last couple of weeks.
Buy Godrej Properties between 1675-1700
STOP LOSS 1610
TARGET 1: 1790
TARGET 2: 1880
TARGET 3: 1975
Daily symmetrical triangle breakout with volume
Weekly building bullish head and shoulder
Nifty realty index given head and shoulder breakout
BUY TATA CONSUMER ABOVE 890
TARGET 1: 958
TARGET 2: 1026
TARGET 3: 1094
For positional target
Expecting trend continuation in FMCG sector
Tata Consumer formed flag pattern on Monthly time frame
Tata Consumer formed Head and Shoulder pattern on weekly time frame
Tata Consumer give flag pattern breakout on daily time frame with Volume
KotakBank consolidating from Dec 2021 to Nov 2022
The range of consolidation is 1625 to 1975, Bank Nifty moved in range of 10000 to 12000 point in last one year.
Bank Nifty moved 10000 point since Jun 2022. The move lead by ICICI Bank, Axis Bank, SBI , HDFC Bank and Along with PSU BANK
Kotak Bank and Indusind Bank has not moved in rally, So when Index start...