Sunpharma has broken out of the falling trend and if the momentum continues, the first Fibonacci target would be 1160.
Tata Chemicals taking support in the recent trend line and trading near all time high with raising volumes. Once 795 is crossed, planning to take trade with for a short term target of 900.
Axisbank taking support at the lower end of the channel. Last time channel breakout on the upper side failed. Now it is taking support at the lower end of the channel with a long stick. Planning to take trade on upside with SL @ 695 (or lower end of channel for safe traders) for a first target of 775 to 800.
NMDC has broken out of a multi year channel last month and once last month's high is taken out, we can expect a decent upmove in the stock with this month's low as stop loss.
Consolidation and breakout. Expected up move. Target 1: 615 and Target 2: 641 #unitedspirits Disclaimer: Not SEBI approved. Just for educational purpose only.