A company which has given a breakout with good fundamentals and also has got good orders so we can see a good momentum in upcoming months for short term
We can clearly see a cup and handle breakout here in the monthly chart so we can have a buy opportunity here .The company has good financials do check it out.
Dabur has taken a support at its trend line we can see a good rejection so the good opportunity is seen on a buy-side a good stock that can form a part of portfolio.
IDFC has already broken its trend line and is trying to move upside once it crosses 58 levels we can make a good position here for good targets with a good risk to reward ratio.
Good potential stock keep the important levels in mind.
Axis bank has been trading in a good range if it breaks the trend line we can see a good upside movement or it can consolidate sustaining its supports and than we can see a breakout and once it gives we can get a good movement in the stock.
Escorts has been trading in a channel for a very long time it has taken crucial support and given a bounce.
Now if it breaks the channel we can see good levels coming in the coming time.
Can keep track of chart formation and breakout.
We can see support is being taken on the trendline again after a breakout.
Also, there is a downside trendline if it breaks we can see a good upside movement in the given stock as well.
HDFC Life is from one of the sectors that are very strong and is expected to grow a lot in the future.
HDFC Life is taking support on the trend line once it crosses 700 levels we can see good upside movement.
A very good share for both long-term and short-term purposes.
AU Bank has been holding the trend line since March 20 but we can see a trendline breakout on the downside with volumes and thus there can be some short opportunities unless and until it gains back its support on the trend line.
A very good share having good fundamentals and technicals with a good closing for the week and on the monthly chart.Can buy the share for the long term because the share is strong and also the sector from which it comes.Can give good return if held for a long time.
Must be a part of the portfolio once it crosses its major resistance of 1000 it has good capabilities.
A perfect example of how Fibonacci retracement works. If it holds the levels we can see an upside movement and if it breaks we have the downside movement too. Can keep track of the same.
It is seen that granules is giving a breakout in 2 3 days there can be seen upside movement can be bought.Sharing my idea just so that everyone can learn trend analysis
