Seshapaper CMP 1099 Stop 775 Target 1500 plus. 1) Stock has broken out of the consolidation zone with good volumes 2) RS / MACD / Stoch all satisfy buying conditions. 3) Target as per a similar previous pattern observed in the Stoch . Trail price to get max benefit.
Sadhbav CMP 411. Stop 320 Target 800 plus 1) Stock has broken out of the consolidation zone previous month with above average volumes. 2) Stock currently in a cosolidation phase post breakout. 3) Breakot out accompanied by spike in RS and also bullish MACD and Stoch oscillator. 4) A similar previous breakout has produced 100% returns (2x). Hence the expected...
Sandesh CMP 1262. Stop 900 Target 2000 plus 1) Stock has broken out of the consolidation zone. A sort of ascending triangle breakout with above average volumes. 2) RS has spiked along with other bullish indications in the oscillators and MACD. 3) A similar previous pattern has produced 2x returns over medium to long period. 4) Trader patience utmost important to...
NRB Bearings CMP 172. Stop 130. Target 220 / 350. Monthly chart Stock has cleared past 3 plus years consolidation zone in the form of rectanglar breakout with good volumes. Currently stock is positioning itself Oscillator indicators providing momentum signals with the instance of previous breakout positioned post the stoch crossover at oversold zone and stoch k...
RK FORGINGS CMP 850 Stop 720 Target 1200 plus Monthly chart 1) Stock has completed a W pattern breakout last month with above average volumes. Rising leg of the W pattern has seen significant increase in volumes. 2) Stock has been consolidating this month as seen from low volumes and low volatility. 3) W pattern breakout accompanied with spike in RS above its MA...
Nahar poly films CMP 83 Target 125 plus Stop 60. Monthly. Stock has broken out of the previous resistance zone with good volumes. Slope of the trend line has increased suggesting that momentum is picking up.
Kokuyo Camlin CMP 147 IMPORTANT - DO NOT BUY AT CMP . BUY ONLY ABOVE 160. DEFINITELY NOT BELOW 160. VERY IMPORTANT. Target 200 plus Stop 110 Monthly chart. Stock has broken out of the previous 3 year resistance zone. Stock also has a pattern of scallops (ascending). Though all points to a possible upward move, it is relatively safe to enter the stock ONLY IF THE...
Infinite computers CMP 380. Target 500 plus Stop 275 Monthly Stock has broken past 3 year resistance zone with good volumes. Stock has a sort of rising W pattern breakout.
HSCL CMP 188. Target 250 plus Stop 140. Monthly Stock had broken past a 10 year range few months back and since then has been appreciating with huge volumes. Stock took a mild retracement break for a 2 month period before commencing its next leg of upmove. In that process stock has gone past previous swing high which provides the momentum factor. Good one to go...
HGS Cmp 973 Target 1250 plus Stop 725 Monthly chart Stock has broken out of the Cup pattern with huge volumes. Stocks momentum expected to continue on the back of volumes. Another stock that can reward traders if patience is observed.
GHCL CMP 349 Stop 270 Target 600 plus Monthly Chart 1) Stock has completed a broad rounding bottom formation based breakout at 205 which has become a strong support. 2) Stock has done a post retracement breakout above previous swing high at 295 levels which is possibly the next level of strong support. 3) 30 period ma is acting as a resting point for the stock in...
Gandhi Special Tubes CMP 423 Target 500 plus Stop 360 Monthly chart. 1) Stock is finally out of a 2 year low volatility consolidation zone. 2) Key oscillators signalling momentum build up.
Dabur CMP 354 Target 500 / 800 plus Stop 285. Monthly chart 1) Stock has cleared major resistance zone at 315-320. 2) Stock has a strong support in the form of 30 week ema which is currently at 288-290. 3) After each resting on 30 week ema accompanied with a stoch crossover in the oversold zone stock has moved by 190%-225% in the past over a period of 3 years in...
Asian Hotels North CMP 288. Target 390 / 512 plus Stop 220 Monthly chart Stock has cleared past key resistance levels with great volumes. Stock has a mild resistance at 390. Above 390-400, stock has the potential to reach 500 plus. Aggressive traders can invest at cmp at stop of 220 and trail the stops as the price moves up inorder to get the max...
HEXAWARE CMP 380 Target 500 plus Stop 325 Monthly Chart 1) Cup formation breakout with above average volumes. 2) Investor patience required to get maximum benefits.
HAVE A WATCH. Shakti pumps. CMP 532. Weekly Chart. LONG PREFERRED ONLY ABOVE 560. HENCE DO NOT BUY IF PRICE DOES NOT CROSS 560. VERY IMPORTANT. Target 650 plus. Cup formation in progress in weekly chart. MACD showing bullish signs.
Escorts cmp 837 Target 900 plus Stop 785. Weekly chart 1) A broad right penant formation based breakout with above average volumes. 2) C & H formation based breakout observed with above average volumes.
AmarRaja Batteries CMP 876. Weekly. Target 937/1075. Stop 790 (short term trading stop) / 745 (medium to long term investment stop loss). 1) Mild RH and RS pattern observed; suggests trend reversal. 2) 200 period ema acting as strong support; more importantly 30 week ema crossover with good volumes.