As you can see from the charts of BIOCON , The structure looks promising and very bullish. Yesterday it gave a good volume breakout and today it retraced as well near its support. Hopefully, above 386, it can give a very good upside momentum . ( Plz comment your views)
STOCK READY TO FLY !!! This is a clear cut Break-out in Bank of Baroda. As you can see a Symmetrical triangle formation is there in stock. It broke the shackles today . LOOK FOR GOOD PULL - BACK BEFORE ENTERING THE STOCK. 89 seems to be a good level. ( FOR EDUCATIONAL PURPOSES)
Hello Traders, This is the chart of IndusInd Bank on a daily time frame. The chart shows that after a strong consolidation , IndusInd Bank gave a big breakout. Now, after some correction, it is again going to show a good upside momentum. Buy price - 1220 . 1st Tgt that can be spotted here easily is 1250. Thank. ( Comment your opinion)
Hello People !! This is the chart of AMARA RAJA BATTERI. According to the technicals, I am bullish on this chart. Above 772, Chart is bullish, 775-776 is minor resistance. It took resistance on this level yesterday i.e 4th october. As soon as it crosses that, a tgt of 780++ can be seen. Let's hope !!
This is the Chart Analysis of NIFTY BANK. As you can see, levels like 38110 are crucial. NIFTY BANK got rejected @ these levels 4 times. YOU CAN EXPECT A GOOD UPSIDE MOVE FROM HERE. ( Comment your opinion) ( For educational purposes). Thanks!
JSW STEEL GAVE A BREAKOUT IN RECENT PAST OVER A SMALL TRENDLINE. It showed little consolidaton after that. Now it has made a nice symmetrical triangle after the consolidation. CMP- 690. WE CAN SEE A GOOD UPWARD MOVEMENT TILL LEVEL 700 FROM HERE. IF IT SUSTAINS THAT AS WELL THEN MORE UPWARD MOVEMENT .I have attached chart for your references.
As we all know , Cipla is a Pharma stock. The stock gave a good momentum in past few days. Seeing the pharma sector , I am bullish on this stock to create higher highs.
