trendlines139

trendlines139 Updated 

#Persisent triple bottom formationif breaks abv 3260 then a good BO possible. We can see 3450/3525/3600 in coming weeks SL 3100

trendlines139

#Lambodhara retested the BO level of 130 and now moving strongly at 155.. Next resistnace is at 175-177. Can be taken for 175 at CMP or on some cool off. Once it crosses abv 180 one can keep it for long term...for 240/280

trendlines139

#Paytm after showing good quaterly result with profits has broken above the consolidation phase of 11 weeks. Price can move towards 800 and 940 very swiftly as so many people are trying to catch it. CMP 705..

trendlines139

#Cigniti strong BO and close abv 675 closed at 683. Technically IHnS is formed which is very strong bullish pattern. Ciginit showed strong qtrly results. Can be added for further move to 750/850/1000 for midterm.

trendlines139

#FiemIND is an auto anilliary which posted good quarterly results with no %age change in costs. CMP is 1789 and can go to 2070/2300 and in long term to 2600 as CnH target.

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#Affle CMP 1101 has taken support at trendline for 5 times and always bounced. Now above the recent pivot around 1100. From here price may move to upper Trendline and expected price can be 1200-1250 SL 1030 on closing basis.

trendlines139

#Grindwell CMP 1990 seems ready for neckline breakout of IHnS. RSI is above 60 and increasing. Seems ready for 10% upsde from here to 2175 and abv that 2300.

trendlines139

#TataElxsi achieved an all time high price of 10760 in Aug 2022 and after that corrected to 5700 in Dec 2022. Almost 47% correction from the peak price. Technically the price has smartly reversed from the demand zone and today closed at 6655 almost 955 point up from the low. Very strong midcap IT company and perfect time to add to the portfolio with stooploss of...

trendlines139

#Gravita has formed Cup and Handle and also retested the earlier breakout level. Current Market Price is 461 and abv 470 the price may test 500/540/590 in coming weeks. Stoploss can be taken as 395 on closing basis. Gravita has posted very good result and the stock is continuously strong with good volume.

trendlines139 Updated 

#Coforge CMP 4016 if closes abv 4055 then we can expect a very good upside in Coforge IT Stocks are going very cheap after recent correction. Coforge can see 4260/4500 in coming days. If momentum continues we can see much more.

trendlines139 Updated 

#Hitechpipe is forming a IHnS at 880. The price has tested the 880 level for 3-4 times previously and also retested the BO level of 855-860 Now trying to break above the IHnS neck line in 880-885 zone. If breaks above this level then one can expect to 940/970/1000 price levels in coming weeks. One can keep SL of 825 o the closing bais.

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#PageInd price came to touch the Demand Zone of 37800-39600 after making all time high of 50350. CMP is 40850 allmost 20% down from ATH price. Strong fundamentals and can be added here with 37500 as SL for 15-20% upside from here. Page Industry gave BO at 36200 in October 21 and achieved high in Oct'22. And now again at good buying level for midterm investment.

trendlines139

#Cyient showing bollinger Band BO in weekly time frame. Fundamentally seems good and lot of upside. CMP 894 can be taken for 1075/1150/1180 for midterm.

trendlines139

#LloydSteel CMP 18.85 can be added with 14 as SL for 23/25/28 Very good BB breakout.

trendlines139

#MCX took support at long period support area of 1400-1425 and now 1600. Still lot of room there for upside for 1750/19750 The company has a 96.48% share in the commodity derivatives market. It controls 100% share of Precious metals & stones, Energy & base metals with exception with agri-commodities

trendlines139

#TFCI another PSU making come back CMP 94 can be taken for 110/120/140 for midterm with SL 75 Chart is looking very good and price has broken abv resistance after Trendline BO few weeks back.

trendlines139

#HPCL looking good for bottoming out technically. OMCs shown bad results after election in UP and other states which negatively affected the margins. Now Crude is coming down but Margins are increasing and may be around Rs10 per litre. Buy for very good return at CMP 252 for 300/350 SL 225

trendlines139

#TataInvestment holding company of many Tata Group companies. Trendline Breakout on chart. Seems ready for new high as Tata group is in news for Chip making and buying of Apple plant CMP 2275