Best Agrolife has posted good result. As per price action, it looks good for 50%+ target. Current price = 1163 T1 = 1300 T2 = 1550 T3 = 1750 T4 = 2000+ Price is operating in parallel channel and following the trendline marked on the chart. Chart posted is Daily timeframe. Chart is self explainatory. Please post your queries in comments. Disclaimer: Chart...
Lambodhara - A textile company with decent business and future business expansion work in progress. Mostly profitable in all historical quarters. Buy for high targets. It is nicely following the cup pattern. MACD Crossover on weekly timeframe showing bullish signal. Great time to buy and accumulate. Disclaimer: This is a educational chart setup and not a buying...
Time technoplast looking very good at current levels. Breakout and retest done. Huge volumes surge in recent period. Looks good to fly next week. Target 1: 150 should come very quickly as fib retracement is approx around 0.3 which indicates good momentum. Disclaimer: Pls take this as a learning and not any kind of recommendation.
Renuka looks good for another move. Wait for trendline break and hourly close above trendline. Disclaimer: Pls take your own decision based on further analysis. This is not a recommendation.
Cupid has been in consolidation since 6 years. Very tight. If it breaks out from trendline then we can see targets as suggested on charts. Disclaimer: Pls invest at your own risk.
On hourly timeframe, nifty looks to have closed above trendline which is positive sign. The last candle close is also above previous candle high. I see we are good to go for 17600 and after that we need to wait and watch for any upside or downside. Disclaimer: This is my personal view on nifty. pls do your own analysis to make any view.
Capital trust gave weekly close about trendline breakout. Target are higher with target 1 = 2012 -> 250 -> 300 so on Chart structure is looking strong. Disclaimer: Pls invest at your own risk. Do your sufficient analysis before investing.
JP Power gives breakout and closed about the trendline. Expecting it to touch its previous high Keep tracking it. Disclaimer: Pls do your study and then invest.
Hi all, As we know we are in correction of market and its all make sense after great bullish run we saw till 18K +. As per wave theory, I see that we seems to have completed wave 3 and we are in wave 4. Wave 4 should be completed around upper yellow trendline and then we may se wave 5 coming. I checked the fibonacci retracements and the levels justifies. Enjoy...
Vikaslife is a growing penny share. Recently it has acquired and forayed into various businesses with positive intent. The growth has started showing in its fundamentals, sales and net profit. When a penny share starts following technicals correctly, catch them early. Vikaslife has already completed cup pattern and is currently into handle stage. Very soon...
Classic Cup and Handle pattern breakout in Shyam Century The breakout has been retested and reversed with a hammer formation. Very good fundamentals till now. The company has strong management of Century Plywood group. My View: This is a multi-bagger in making . . . identify such stocks early and enjoy. Disclaimer: This is not a recommendation but my...
Inverted Head and Shoulder in Oil India. Commodities are already on fire . . . This looks like a good opportunity to take position and go long Disclaimer: This is not a recommendation. Pls invest as per your risk reward setup.
HSCL looks really good on every timeframe. Operating above 20 EMA on monthly timeframe . . . operating in a range expecting 2X-3X gains in 1 yr time frame Target 1: 100 Target 2: 150
GIC Housing Fin - looking really good. Has reversed from the trendline and showing good strength. Can be invested above 163 for targets of 255-265 in near term. Future Targets are huge once 265 range is broken. The script has been operating in range since 2004. Disclaimer: Not a Recommendation. Pls invest at your own risk.
Karnataka bank posts its highest ever profit. Book Value: 214 Volume in past are good with big green towers can be seen. 1 fake breakout in Nov'21 Can it give true breakout this time ? 200 EMA is acting as its resistance, needs to be taken out to confirm breakout. Trendline indicates that this script has potential to reach 164 . . . 214. let's see Disclaimer: Not...
Though people have diff point of view on Nifty . . . Not many are bullish Global cues are also not good. But purely on technical base . . . Nifty seems to have formed a W pattern on hourly timeframe and formation looks bullish for Target of 20000. EMA's are also supporting the price right now . . . MACD and RSI are also showing momentum right now. Let's see if...
Breakout and re-test in Praj Industries It should take support on the previous breakout trendline and revert Wait for reversal candle . . . Disclaimer: Pls invest at your own risk.
Rising wedge breakdown in Clean Science. Support around - 2140-2150 Disclaimer: Pls invest as per your own risk.