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.
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.
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.
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.
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.
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
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...
Shree Renuka looks good to go upside
RSI and MACD shows good momentum
if breaks 35 level then we can see 45-47 levels soon.
Bullish triangular pattern formation.
Disclaimer: This is not a recommendation. Pls invest as per your own risk.