LTI Poised for next leg of growth, Giving breakout from ATH and six month long consolidation and range bound trading.
LAXMI ORGANIC LOOKS GOOD TO ENTER AS VOLUMES WILL PICK UP PRICE WILL MOVE
Havells if it breaks current level suscessfully then we can see +1200 in this
Laurus lab, getting tight in range, looking for some good move,
Rain Industries on a 15 min TF contracting triangle is seen. Which way it will take lets see
sCHNEIDER c corrective wave on 15 min TF, Target 129
Schneider in 5 wave on 15 min time frame,
WELSPUN LOOKING GOOD WITH ENTRY BTN 145-147, SL 133, TARGET 190-200 GOOD FOR LONG TERM PORTFOLIO (2-3 YRS)
Trading near to ATH Breakout, rising volumes indicate healthy breakout from ATH can be seen in this counter. Looks like 3rd wave of major 3rd wave in near to completion. Exception some correction before the breakout, it shall complete 4th minor of 3rd major wave and shall head to complete the 3rd major wave. Fundamental play can be clearly seen, its has entered in...
Rain industries: 3 rd major wave looks like an extended wave and is near to completion. volumes has increased.
SHK On a weekly btf it bhas complete the impulse wave 1 and corrective wave 2 of larger degree, now in wave 3 of larger degree, expecting target of +300 before wave 3 gets complete
Laurus Labs: Case for if going downward: If it holds current level of 599 it good entry for 1st part. next part entry at 572, s1 551, s2 529, SL 500 Case for if going upward: If it holds current level of 599 it good entry for 1st part. next part entry at 640, trailing SL 600.
Defending triasngle, target 111
Sandur Mangnes: Monthly chart, quite a choppy chart but caught my interest at formation near to channel top in current times, at it's channel top resistance. Let's see with overall metal sector positive sentiment will it break it's channel this time.
Indian Government policies that will increase demand for Copper 1) Make in India 2) 100 smart cities 3) Metro and Railway Projects 4) Aatmanirbhar Bharat in Defence 5) 450 GW target for renewable energy by 2030 5) PLI schemes for the consumer electronic industry 6) Accelerated growth for electric vehicles Expansion Strategy Of Hindustan Copper Limited 1)...