Gabriel India has given a good breakout, Technically we can see a clear case of breakout after volatility contraction. All the selling pressure seems to be absorbed. Stop Loss 115 1st Target 180 2nd Target 330
Fertilizer and Chemicals (FACT) has broken its resistance with good volumes and now the price is at retest. At retest the price has shown strength. Only problem is RSI SL 130 Target 1st 177 Target 2nd 210 One tip I can give to a fearful trader is to trade smaller. Keep reducing risk to your comfort level, and slowly work your way up. Rome wasn't built in a...
General Insurance was in a downtrend from the beginning now the price is attempting to brack its long term trendline resistance Technically, it is making a bullish breakout from the technical pattern of a flag which indicates that bullish momentum can be expected towards 320 levels. RSI has been in complete sync with the price index which confirms the...
Lumax Auto Technologies is forming an inverse head and shoulder pattern on the daily time frame. Price has shown strength with strong closing with good volumes. SL 158 Target 206
After Breaking out its resistance in February ABCAPITAL went into consolidation for 5 months now it is forming a flag pattern that indicates it is getting ready to continue its bullish trend. Wait for it to break SL 111 Target 202 Pyramiding into a trade: Don't take the full position at once Maybe buy 25% on the initial signal Add another 50% on...
Ester Industries Ltd is forming a cup and handle pattern on the daily time frame and has broken its resistance with good volume. Good RR trade. SL 149 Target 179
Narayana Hrudayalaya is forming a Volatility Contraction Pattern in a daily time frame. Now previous week it has broken its resistance with good volume and given strong closing. Price has broken its resistance but RSI still struggling SL 482 Target 707
India Glycol has been outperforming nifty and looks strong in the coming weeks also. The stock went into forming VCP and now taking some breath and forming a Flag pattern on the daily time frame. If breaks 740 levels it is good to go for another 40% ride. SL 661 Target 996
Gujarat Industries Power Company GIPCL has been in the consolidation for the last 3 years. Now the price has shown strength and broken out of its resistance with good volumes. As after the breakout price is approaching retest level. SL 80 1st Target 110 2nd Target 145
SVP Global Ventures SVPGLOB on 4 Hour time frame has broken out with huge volume and now today it retests its resistance with 70% delivery volume. SL 107.70 Target 130
GNA AXLES Wait for a clear breakout SL 358 TP 715
Borosil Renewables had broken out of its resistance and now the price is at a retest of the breakout will wait for the price to show strength and volumes to pick up. SL 271 Target 380
We can clearly see the volume contraction pattern on the Nandan Denim chart. The stock has broken its flag pattern and can give a good move from now any volume supported upmove can be seen as buying opportunity All the key points mentioned on the chart itself Don't take the full position at once Maybe buy 25% on the initial signal Add another 50% on...
S Chand and Company has formed a cup and handle pattern and has successfully retested the breakout. SL 110 Target 1st 182 Target 2nd 215 Manage Your Risk
Kennametal India has broken its major resistance with good volumes. Can enter the trade with 50% on the dip and next 50 % above the 1320 levels SL 1090 Target 1950 Manage Your Risk
Precision Camshafts Ltd Accumulate on the retracement SL 43.50 TP +68 +96
Kabra Extrusiontechnik Ltd is forming a cup and handle on the daily time frame. Today gave a fresh breakout. Can accumulate above 205 Wait for it to close at day high for confirmation. SL 198.90 Target 270
Stop 530 Target 1100