552 stands as a strong resistance for icici bank we may see minor selling pressure or profit booking but overall trend looks super strong on upside above 552 will be a great buy for short term. positive divergence by AD line gives a great confidence for upside breakout.
rbl bank looks strong upside after breaking long term bearish channel and recently its moving in a rising channel. now stock has made breakout on upside from channel with good momentum near term target could be 275-300.
godrejcp is the perfect buy for long term as we see the log chart from 2002 it has exactly corrected two times during 2007 & 2018. from the lows of 2008 i.e 30rs it has risen 33 times to reach the high 1000rs in 2018. the same strong rise we are expecting for next ten to fifteen years from the recent lows in 2020 i.e 500 the target could be 500*33=16500. with...
godrejcp has been formed inverted head and shoulder and neck line exists around 755 break above 755 will be the confirmation for buy with the target of 830.
lupin looks good to buy for positional levels as mentioned in chart.
bank nifty was moving upside in a rising symmetrical triangle with negative rsi divergence as mentioned in the chart. with this ADX was traded below 20 shows week upside. now banknifty has given a clear signal to short by breaking downside. It has higher chances to touch rising trendline in coming days. stop loss could be 31000
recently ITC has broken a long term bearish trend line on upside after 3 years of correction also it has corrected exactly 62% from all time low & high with this stocks has made higher high on monthly chart which gives a confirmation so i am highly bullish in ITC. my first target is 500 in next eight quarters.
coal india has broken upside from short term down side channel. we may expect some upside for short term till 182 with 110 as stop.
pnb has given a breakout on upside from rounding bottom with good volume also it has broken from its strong resistance so near term target is 42.9,46.5.
canara bank has given breakout from cup shape pattern with good volume also it has broken 9 month resistance so short term tgt is 150-154
cattle cycle is very accurate in predicting the tops, according to this cycle last one ended on 19-11-20 so with in next two months thats january we may see some minor correction or pause in the uptrend. this suggests us we may avoid fresh buying or creating new long position.
on the first note exide industries has broken its long term term bearish channel. stock was in 2years of bearish phase. after breaking from its long term channel stock has made ascending triangle and now it has broken upside with good volume. this gives a confirmation that stock may rise in coming days. my first target for short term is 205 one can hold for long...
nifty is going to consolidate in 300 points zone. stock ideas for short which may give 5-10% return with low risk
manapuram has given upside breakout from rectangle and heading towards new high. also it has formed double bottom which boosts the confidence. TGT 184,191 SL 155
ABB has given breakout from ascending triangle. it has higher chances of reaching 1250 so buy the dips with SL 990.
icicigi has made new high with good volume also stock has made a breakout from cup pattern neckline comes @ 1383 TGT for short term are 1560,1680 SL 1200
MFSL has given clear buy signal by breaking out on upside from cup and handle with good momentum. target for short term are 660,690. stop loss could be low of handle i.e 595
Bata india has given perfect break out from ascending triangle with good momentum also it has broken out from strong resistance which was 50% retrace as shown, now tgt for short term is 1555 and 1680 .