RBL is in a good buy trend in monthly time frame. Wait for the trend reversal, if a daily candle closes above 196.55 trend reversal is confirmed go for a buy. The expected returns is 72% - 90 %
A double bottom has formed and neckline is also broken, being an aggressive entry the target can go up to 34492. There can be a re-test tomorrow. The next target can go up to 36400. SBI results on 21 May'21, Can expect a rally if the result is positive.
Gold was in travelling in channel, channel broke out now. Now the pattern is a Bullish flag. As the channel broke out, the market will go high to 2395.871 which is 30% ROI. The target might take 140 trading session.
BANKNIFTY is in a good buy trend in weekly. Trend reversal is done. Now the market is in re-test, a good opportunity to grab the conservative entry. Now CMP is 32781.80, once there happens a conservative breakout, go for a buy. 1st target for the weekly structure is at 35364.65 Buy CALL option, strike price 35300 or 35400 and expiry 27 MAY. As the analysis...
GRANULES in higher low formation in monthly frame. Trend reversal is done. 50% returns at first target, First target to reach in 2-3 months Other suggested Pharma stock are CIPLA and CADILA
PNB is in buy trend at monthly time frame, trend reversal gets confirmed if a daily candle closes above 35.40 Even with a aggressive buy the expected profit is 68%. Can hold the position till 59.70.
Lupin buy opportunity started on 07 Dec'20, from 14 Jan'21 the market was in side ways. As the market moving from Higher low formation on monthly time frame the range bound market(Daily time frame) is expected to break upside. if the range bound market breaks(the daily candle closes above 1113.30) go for buy @ CMP. The targets and stop loss is mentioned the chart.
Natural gas has formed up trend line pattern in 4H time frame, a proper trend reversal is confirmed. buy @ CMP expected target is 2.878. Expected target to reach in 3 week.
Analysis on monthly time frame, If a daily candle closes above the 577.75(black line in the chart), trend reversal is confirmed. Buy @ CMP after trend reversal is a aggressive entry. For a conservative entry wait for re-test and then buy. First target : 743.75 Second Target : 875.80 Third target : 1089.40 Stop Loss : 528.15(Tentative)