HSCL looks set for a big break out. Three strong signals. 1. Strong Weekly resistance broken 2. Volume activity high 3. Golden Cross between 50 EMA and 200 EMA on daily chart Disclaimer: I am a beginner and learner, not an expert. This is not a recommendation. Just an observation. Feel free to correct me.
In January last week, Madras Fertilizers formed a Golden Cross between 50-SMA and 200-SMA on daily chart. The stock could be gearing up for a long-term rally. High volume trade and high percentage delivery also favors the perception. The stock hit upper circuit today. Trading into 52-week high. Could breach all-time high of 53 this week. Resistance 3...
NTPC is forming a bullish flag pattern on daily chart. The stock has been in a slight downward consolidation zone trading between 130-140 for past four months. Now the stock is showing strong signs of reversal in the direction of the dominant long-term trend. The stock could easily cross 160 mark in next two weeks. Even end up at somewhere around 165 - 168 to be precise.
AWL has been in a range for past few days. The stock forms a beautiful bullish flag pattern on daily chart. Currently trading in a rectangle area between 340 and 352 with occasional spikes to 357, the stock looks set for a bullish run up to 420 within 10 days.