Suvenphar has been consolidating in a range since January. We see a clear breakout on the chart that is supported with good volumes. I expect Suvenphar to continue making new highs in following weeks. Exit if it gives a close below its 20W EMA. Disclaimer : Please dont use it as an investment advice this is only for educational purposes.
Motilal Oswal has given a fresh hourly breakout after a decent consolidation with good volumes. The Broking sector has been doing well most brokerages have reported excellent results and growth in earnings. Price action has also been positive for many names like angle, Goegit etc. This breakout above 750 for Motilal oswal can see it move much higher in next few months.
Sugar as a sector has been rallying and have been popular amongst the trading community for a few months now. The multiple benefits that the sugar industry are now realising from the producing sugar are being discovered at large by the general investing commmunity. Sugar Industry has been stable for the last few years and now looks for a rerating due the following...
BSE has finally broken out forming a Inverted H&S pattern making a new 52Week high. We can clearly see volumes have been rising steadily to further support this breakout. BSE is showing good strenght and can be considered as a candidate for Long Term Investment.
We have a clear breakout with good volumes on the weekly chart for GNFC. We can see a trend reversal pattern of Inverted Head and Shoulders on the chart. GNFC brokeout of H&S pattern during the last week of Feb. We can clearly that volumes kept increasing as the pattern developed and finally brokeout of the neckline. GNFC consolidated after the initial breakout...