The stock has entered an ultra bullish zone and we can expect an unhindered move up to 380 in a short while before a worthwhile resistance is encountered. We will revisit the chart once it crosses 382-385 on closing basis. Strong support at 235.
Good support at 329. The current bullish momentum may take it to the vicinity of 600 in intermediate term.
May not fall much from here, however in case of any down move, support will be at 105. Presently there will be a resistance around 133 and when it gets past above the resistance the target in intermediate term could be 200-217 (6 months)
Adani Power has crossed the last barrier of descending resistance recently and one can go long keeping a watch on the level of 85.20 which should not be breached in short term
The best time of entry was around 30 which we missed. Presently the scrip is in ultra-bullish trend and target by June end is 103 if the bullishness continues.
Kilpest has returned from long range resistance at 480, came below the medium term support and now showing short term bullishness. Once any bullish trend takes it above 446, it continues to tread above 450 level for a couple of days and making the support strong, we may see a prolonged bull run till the year end and the target will be 770.
As long as 372 is held, the stock will remain bullish and we can hope for achieving a target of 560 by July end.
The long scale resistance is at 505 which is expected to be surmounted in this week. If it happens so and the stock can hold that level, a level of 650-635 can be seen by June 21
Returned from descending resistance today. In a couple of days, if not tomorrow, 495 will be crossed hopefully. After meeting some hindrances it is expected to cross 580 by June end. If it happens so, it will give a break out then.
Resistance seen around 31.25. Bullish for long term.
There will some hiccup around 1325 and then another run and then another----
May tumble slowly to 170 but intermediate target may take it to 240 level and then the breakout will come.
Support at 1125, will break out above 1345
Immediate resistance at 50.50, if crossed then short term target is 76.
The last three candles seems to tell that the strong support at 49.50 is unlikely to be tested for now. However if it indeed gives an opportunity around 50 in short term one could expect a target of 74 by April end.