sakshyad

sakshyad

Can give a good breakout once it crosses the resistance level which has been tested four times.

sakshyad

1. Has support from the bottom trend line 2. Breakout level of the upper trend line 3. Good volumes seen at the bottom which might be an accumulation phase

sakshyad

1. Stock at breakout level of the trend line 2. Support from the bottom trend line 3. Support zone of 100-112 4. Healthy retracement of 0.38 Fibonacci level from the bottom (53 Rs) to top(150 Rs)

sakshyad

The best place to enter would be when it retests 68.7. Some quantity can be bought now and some can be added if it retests

sakshyad

1. Bottom trendline support 2. Retest after a breakout of one of the upper trend line 3. Chance to break the upper most trendline 4. Fibonacci support of 0.38 level

sakshyad

Stock is consolidating since October'19. Showing up good volumes over the past couple of sessions. Safe traders can take entry if it breaks 41.5 with strength. Risky traders can take entry as there is also support from 0.6 Fibonacci level currently.

sakshyad

NAVKARCORP looks good for long on weekly chart for 3 reasons : 1. Trendline support 2. Retest of the previous level 3. Fibonacci support of 0.5 levels

sakshyad

Crisil looking for a good multi-year breakout (LTP 1975) on the weekly chart which has been tested 5 times previously and this is the 6th time. Can be looked at for a long once it breaks the flag pattern.

sakshyad

RCF looks good for buying once it breaks the trendline on the weekly chart(LTP 47.1). It is also forming a cup and handle pattern near the trendline. Targets can be 60 and 65.85

sakshyad

Relaxo has given a good triangle pattern breakout in the weekly chart (CMP 737.6). There's also support from another trendline. Looks good for long. Can also retest all-time high of 829 (+12.4% from LTP)