PEL | Falling wedge + Trendline support - Potential for 20% CMP : 2400 (Dip : 2300) SL : 2200 Target : 2600, 2900 1:3 risk reward setup
JYOTHYLAB | Looks potential for 25-30% CMP : 190 (Dip : 180) SL : 170 Target : 235 1:4 risk reward setup Weekly time frame chart - safe players keep in watch list and take the entry after seeing the Weekly candle close.
PDMJEPAPER | Channel breakout - Potential for 25-40% CMP : 45 SL : 40 Target : 58 Almost 1:3 risk reward setup (Based on Fib)
SHANTIGEAR | Cup & Handle breakout - Looks potential for 25-30% CMP : 210 SL : 190 Target : 270 Almost 1:3 risk reward setup
DAAWAT | Cup & Handle setup - Yet another opportunity in this counter for 20-25% CMP : 98 (Dip : 95) SL : 85 Target : 120 Almost 1:3 risk reward setup
BEPL | Excellent setup - Short term looks 20-30% CMP : 124 (Dip : 120) SL : 115 Target : 145, 155 1:4 risk reward setup for first target Weekly chart looks potential for 70% - I'm visualizing Cup & Handle making, reversing from 200 EMA + Fib + Strong demand zone
PENIND | Channel breakout - Looks potential for 25-40% CMP : 43 (Dip : 40) SL : 36 Target : 50, 57 Second target calculated based on Fib extension
SHAKTIPUMP | Excellent area of value - 200 EMA + Demand zone CMP : 490 (Dip : 460) SL : 410 Target : 860 Very good valuation at this price.
VTL | Swing High + Higher high setup - Potential for 30% CMP : 334 (Dip : 325) SL : 295 Target : 430, 560 1:3+ risk reward setup for 1st target
BAJAJELEC | Trendline + Flag breakout - Looks potential for another 30% CMP : 1226 (Dip : 1170) SL : 1080 Target : 1360, 1500 1:4 risk reward setup for second target
HCLTECH | INHS Formation + RSI breakout - Looks potential for 16% CMP : 1170 SL : 1120 Target : 1360 Almost 1:4 risk reward setup
HCLTECH | Trendline + Flag breakout - Potential for 12% CMP : 980 (Dip : 960) SL : 940 Target : 1090 1:3 risk reward setup
ICICIGI |INHS + Trendline breakout - Looks potential for 15-30% CMP : 1296 (Dip : 1260) SL : 1200 Target : 1460, 1650 1:3 risk reward setup for first target (From dip)
INDOBORAX | Simple triangle breakout - Looks potential for 25% CMP : 138 (Dip : 130) SL : 115 Target : 175 1:4 risk reward setup
GSPL | Trendline breakout - Looks potential for 30% CMP : 246 SL : 230 Target : 320 1:4 risk reward setup
MHRIL | Trendline breakout - Looks potential for 15% CMP : 227 SL : 215 Target : 260 Almsot 1:3 risk reward setup
ELGIEQUIP | Cup & Handle Setup - Looks good for 20% short term CMP : 445 (Dip : 420) SL : 395 Target : 530 (Based on fib) 1:3+ risk reward setup
CRISIL | Trendline breakout inside the channel - Looks Potential 20% CMP : 3355 (Dip : 3200) SL : 3080 Target : 3850, 3950 Almost 1:3 risk reward setup