AU BANK has reached its demand zone and at the best spot for a reversal after falling for over 2 months now.
BSE LTD has now reversed from a good demand zone and a possible range break is on the cards. MACD is also suggesting a good up move on the weekly time frame. week close above 613 will be a goo level to go long or on the safer side can wait for a breakout and then retest. analysis for education and learning. please seek ur financial advisor before making any...
EXIDE after a good run has now been consolidating in a range and making a flag and pole kind of structure . Post successful breakout it can definitely get the desired targets ..
Tata elxsi gave a breakout of the falling wedge and after a good first move and profit booking is now ready for round 2..
Post a falling wedge breakout and retest Astral now has given a range break and well above 50 and 200 EMA. And longs can be initiated post a retest for targets above for a good positional bet.
Tata coffee gave a good symmetrical breakout and has now retested a crucial support. 254 remains the only hurdle for possible targets of 275/310. Should definitely be on radar. Immediate targets of 254 are easily possible in within a week.
LICHSGFIN had been facing resistance at 390-410 zone since Nov 2021 and finally given a range breakout and moved above the 200 EMA on weekly time frame. If sustained here further targets could be easily achieved.