Triveni Turbines in an bullish parallel channel. Today, Mean reversion seen at bottom end of the channel with a bullish engulfing candle on back of above average volumes, engulfing bodies of last 5 trading session's candles. Target towards the upper end of the channel.
SBI Bank about to break barrier. PSU Banks as a group showing bullish momentum.
UBL having a good bullish setup. Pulled back after a strong breakout. Belonging from FMCG sector which is building strength. UBL being the early bird, looks well poised to go up.
Astral break out of a 8+ months long consolidation zone on 23 Feb '24 with good volume. After that it formed a VCP and breakout on 10 May '24 with above average volume. Bullish view on the stock. It will be ideal to enter @2125-2155 levels with stoploss below 2000.
Strong uptrend stock, VCP breakout with huge volume.
Stage on stage breakout in ABB India Ltd. Trending structure continuing.
Since almost a year HDFC BANK is in a broad range between 1530 - 1760 Again price has come down to bottom of the range.
Bullish view on Radico. Price pulled back to breakout level and at inclined upward trendline. Stoploss below support zone and target to swing high.
NMDC bought @112.7 on 9 Aug '23 Today sold @130 near the resistance zone of previous swing high. Gained of 15% in 23 days.
KPRMILL Target almost achieved. Bought at 739, Selling the position at 760 with 19% gains in 30 days.
Formed bullish engulfing pattern exactly at the bottom of uptrend channel and demand zone.
NMDC is forming stage on stage structure, breaking out with good volumes and rising relative strength.
Cup and Handle Breakout with good amount of volume. Price pullback near breakout zone with low volume. Taking support of 50 D SMA and Anchored VWAP from 10th May '23 candle swing low. Entry Level - 639 Stop Loss - 551.50 Target - 769 R/R - 1.5R