Bharat Dynamics limited is an India PSU focusing on defence sector. Breakout on weekly chart above good volume bars.
Inverse H&S pattern on weekly chart with good risk reward trade. Timeframe - 3-6 months.
Good volumes - positions created in Apr,2022 Stock gave BO on weekly chart this week, surpassing the previous weekly high close. Might not runaway immediately, can test some patience, but should be a good bet in short term (3-7 months)
Adaniports gave breakout of daily resistance (372) today. If stock closes above weekly resistance (375). Existing Positions : Hold New Buyers : Can buy stock at current levels if trading for shorter time frame. If trading for slightly longer term, wait for weekly close above 375 Short term target 1 - 908 Long term target - 1004
ITC has been in good momentum since Apr,2021 However a clear volume divergence can be seen on the weekly chart. Showing signs of exhaustion on weekly chart. Also Resistance at 337 on weekly chart
Since Nov,2019 Bosch is trying to cross the 16300 mark on closing basis but has returned twice. Today if it closes above 16300, could be a possible breakout and the targets can be as high as 24K.
Betting for upside in auto stocks. M&M looks particularly good in this sector. Possible breakout SL - 719 Disclaimer - Bought M&M at 794
Forming a flag patter, breakout might happen on upper side, look out for auto index cross 10900. Stocks to watch out for if we see a bull run in auto stocks : 1) M&M 2) Escorts 3) Bosch 4) Ashok Leyland I am particularly bullish on M&M. Disclaimer : Bought M&M at 794
Bullish trend on daily and weekly charts Stock took support in falling market near 20 & 50 EMA Target - 457 SL - 375
1. MACD showing strength 2. Energy sector looks bullish 3. Supported by increase in reliance 4. Possible reversal from Support trendline 5. Weekly trend is uptrend
Energy sector showing signs of bullishness. Nifty Energy was up when nifty was flat today. Can see good opportunity in GAIL because of following reasons : Weekly chart shows uptrend in stock Stock taking support from 20 & 50 EMA on daily timeframe Can look for entering 50% of your position size.
Buy - CMP Stop - 1902 Target - 2183 Market support - Today nifty gave a bullish breakout
Hi Guys, Stock is in a weekly uptrend, on a daily chart it has given breakout on upper side and retested upper trendline. Initial Suggestion few days back Buy Price - 2350 SL - 2094 New Suggestion Buy Price - 2400 SL - 2165 Results have also come out strong.
Good chart setup MACD crossover Breakout if stock goes above 1450 Buy - 1435-1450 Add more if it goes above 1450 Target 1 = 1700 Target 2 = 1800 Stop - 1199
Good weekly chart Indicating downtrend reversal on daily chart with strengthening MACD Stock outperforming market. Buy , at CMP or 150 levels Stop - 130
MACD showing strength outperforming broader markets Metal sector looking good Vedanta has given breakout from its short term consolidation range. Things looking good.
Jindal steel is all ready to go higher with your blessings ;) very good setup, risk reward favorable at CMP. Buy if it closes above 429.6 Stop = 360 Postional setup
Beautiful cup and handle patter on weekly and daily charts. Although around 320 was a good level but can buy at CMP Stop - 299