singhharshit2112

singhharshit2112

Torrent Power on an hourly timeframe has broken out from two bullish patterns; 'ascending triangle' and 'rounding bottom; pattern. On a daily chart strong breakout can be seen from ascending triangle pattern supported by good volumes. On a longer time frame (monthly chart) there is a multi year breakout from channel followed by a subsequent retest. Can enter...

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BHEL has formed a double bottom and given a breakout followed by a retest and then subsequent breakout supported by good volumes on its weekly charts. It is testing a multi year support-resistance zone. Can go long for a swing trade with around one month perspective. Buy above 60 Target 78, 90+

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HINDCOPPER has formed a 'cup and handle' pattern which is a bullish pattern. It has given a strong breakout from high of the 'cup' with a bullish 'marubozu' candle. Breakout is supported with heavy volumes. Can go long for a swing trade. Target: 200, 235, 252 Stop Loss: 150

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TNPETRO gave a 4 year bullish breakout from a 'rounding bottom' pattern. A significant rise in volumes confirms the breakout. MACD has indicated a buy signal. Bullish on the stock if it breaks its resistance on weekly charts and closes above it.

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There is a multi year strong bullish breakout spotted in Ambuja Cement on its Monthly Charts. March 2021 candle was a Bullish Marubozu candle. The breakout is also confirmed by a green candle on its weekly chart. Bulls have established their control over this stock. 50 day EMA and 100 day EMA have already shown a buy signal on its weekly charts.

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After consolidating for around 3 months within a price range of 100 points, relaxo has finally broken out of its range with a strong bullish candle. There is a bullish breakout and trend looks positive from here. Can buy for swing trading.

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Hindalco is giving a bullish breakout from a flag pattern, which marks the end of the correction phase and the stock is ready for its upward movement. MACD is almost ready to give a buy signal, while 5 day EMA is cutting 13 day EMA, which is again a bullish signal. The stock is also giving a multi-year breakout. Can go long on Hindalco for a positional trade. Any...

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SAIL has given a breakout from cup and handle pattern on its daily charts, which is a bullish signal. Also on its daily chart, SAIL has broken ascending triangle pattern, which is another sign to go long on it for a swing trade. Levels are provided below: Buy above 85 Target 100 / 105 Stoploss 70