Tata chemicals - bullish pole and flag pattern and triangle pattern breakout is happening with a possibility of higher high that shows that correction is over. Bullish trade for targets 787 and 820 One can keep SL as 690, it will invalidate higher low pattern.
Oberoi reality - CMP - 622 Technical details - 1. Stock gave a breakout above 642/43 and started trading in uncharted territory. 2. Made an inverse head and shoulder before this breakout. 3. Rounding bottom pattern is visible on weekly chart. 4. Breakout post this rounding bottom, stock was trading in uncharted territory, followed by a...
Technical summary - 1. Stock was in a long term downtrend from 2017 highs of 320 2. Higher high and higher lows formation that indicates trend reversal 3. Rounding bottom pattern was clearly visible in weekly chart followed by a breakout with big volumes 4. Last time when similar volumes were seen then stock made a big rally from 100 to 320 in a very short...
Bajaj consumer - CMP - 295 Technical - 1. Cup and handle pattern. Breakout above 308. 2. Accumulation happening, clearly visible with volume increase. Trade - Bullish trade Buy at CMP for following targets - 1. Short term - 355, 391 2. Long term - 445, 498. Long time horizon, 1 year 3. SL - closing below 260.