TVSMOTOR has given cup n handle breakout at 1090 level. Target is coming to 1120 - 1130 levels.
GODFRYPHLP has been within a range since Dec'15 for more than 7 years now. Looks good for long as it is trying to give breakout above 1400 levels aith good buying momentum and volumes. Weekly candle close above 1420 levels will confirm uptrend. Target : 2200-2300 range SL: Daily candle close below 1300 View: 6 months to 1.5 year
POLYCAB is breakout of a range since last 1 year. Trying to break out from the resistance zone of 2725 - 2750. Has to give weekly candle close above 2750 zone to confirm upside. Target : 3300 - 3350 zone SL: Daily candle close below 2610 TimeFrame: 6 - 12 months
IBULHSGFIN has formed a descending triangle pattern. If breaks upside, HRly candle close above 127.5 may give us target of around 140. If breaks downside, Hrly candle close below 122.5 may give us target of around 110. SL: 3 pts from entry level. Timeframe: 3 days to 10 days Note: It is high likely to break on the upside as the previous trend of the triangle is...
ITC looks to be giving Cup n handle breakout at 351-353 levels. It has to give HRly candle close above 353 to confirm the breakout. Target: 375+ SL: Hrly close below 348
SUNTV seems to have given cup n handle pattern breakout at 545-550 levels. Target is coming to around 600 SL: Hrly candle close below 550. View: 1-2 wks
As per Elliot wave formations, BAJFINSV has completed ABC correction at 1625 levels and started a new up move. (Refer the chart - it is self-explanatory) Target: Open (keep trailing) SL:Daily candle close below 1730 levels.
CUB has given Cup n handle pattern breakout at 195 resistance levels. Target: 220+ SL: Hrly candle close below 193 Target timeframe: 1-3 wks.
PIIND has given strong Cup n Handle pattern breakout at 3500 levels with good volumes. 1st Target: 3950+ 2st Target: 4550+ SL: Daily close below 3500 Target timeframe: 3 to 9 months
PSU Bank as a sector is outperforming since few weeks now. PnB has given double bottom breakout at 45-48 levels. Target is coming to 65-68 levels. SL: Daily candle close below 45. Target timeframe: 2 to 6 months.
L&TFH has given both trendline and Triangle pattern breakout at 85 levels. Target: 112-115 SL: Daily candle close below 82.5 Target timeframe: 3-6 months
ICICBANK has formed Cup n handle pattern and is near resistance levels of 930-940. Hrly candle close above 940-945 will give confirmation on upside. Target: 1020-1030 SL: Hrly candle close below 925 Target timeframe: 2-4 wks
RCF has been within a triangle pattern range (for 14 years since Jan'08) which seems to have broken out now at around 112 range with good buying volumes. Target is coming to 200+ SL: Daily close below 105 Target timeframe: 6 months to 1 year.
NCC seems to have given Inverted head and shoulder pattern breakout at 75.5 levels with good volume. Target: Around 98 SL: Daily candle close below 75. Target timeframe: 1 to 3 months.
SUPREMEIND has given inverted head and shoulder pattern breakout at 2190 levels. Target is coming to 2670-2680 levels. SL: Dly close below 2290 Timeframe for target: 1 - 3 wks
BAJFINANCE has formed a triangle pattern and is about to break out soon. For upside, it has to give 2 HRly candle close above 7420 levels, target is coming to 8000+, SL would be below 7320. For downside, it has to give 2 HRly candle close below 7130 levels, target is coming to 6600-6550, SL would be above 7320. Timeframe: Within a week from the time of...
TORNTPHARM has given Cup n Handle breakout at 1620 levels with good volumes. Target 1:1675+ Target 2: 1765+ SL: Hrly candle close below 1610 Time frame: 1 wk to 2 wks
BHARATFORG has formed Cup n Handle pattern on long term timeframe. It seems to have given a breakout of resistance at 805 levels, so one can start accumulating at 810+ levels and keep adding as the stock shows further momentum on the upside. However, we have to wait for a daily candle close above 830-840 levels to confirm the cup and handle breakout. First target:...