>A 52w high breakout above resistance with huge volume and a retest of resistance >A buy trade can be initiated between 530 & 550 for a target of around 610 in short to mid term with a small stoploss of 520 >Favorable risk reward ratio of around 5
>Currently forming a flat top pattern and support is only 1% away >A buy position can be initiated for a target of 3700 in mid term
>A good breakout above a multi year strong resistance of rs100 and a good consolidation at 38.2% fib level and retest of 50EMA. >A long position can be initiated between 122 to 130 for a target of at least 30% with a stoploss of 115 >A favorable risk reward ratio of above 4
>Good consolidation after breaking out of a inverse head and shoulder pattern on daily as well as weekly chart >Breakout with huge volume >A long position can be initiated @32 with a stoploss of at 30 >Favorable risk reward ration of above 2
Inverse head and shoulder pattern formed in weekly as well as daily chart which can fetch you around 15-20% return within a time frame of 2-3 month. BUY between 116-119 for a target of 123-132-140 STOP LOSS- 114 FAVOURABLE RISK REWARD RATIO of 5