Buy on dips. SL 584 on closing basis. Top horizontal blue line is taret.
Manali Petrochem CMP : 81.15 SL on closing basis 78.6. Tgt 91
Mukand Ltd : 120.05 A close below 115.5 on daily basis can take it down till 101.15. SL : a close above 122.5
Basant Agro : CMP 9.78 Pole and Flag pattern . Tgt 14. SL 9.36 on closing basis.
Genus Power CMP : 52.15 A close above 54.35 should take it higher, SL close below 50
ajanta pharma cmp : 1955 Its heading higher. Close above 1970 will add further momentum. Tgt 2046. SL close below 1908 on closing basis.
Hindunilvr Close above 2385 can take it to 2438. Above that 2500. SL 2315. Close below that we are testing the slanting red line. Stock making consistently lower lows.
Seems FMCG sector has given a breakout on the upside from the ascending triangle. Longs can be initiated by keeping a stop loss of 35000 on closing basis.
India Glycol CMP : 439 Ascending triangle price consolidation. Price at supoport level. Lets see where price breaks out.
Nifty CMP - 14838 On 1 hrly it had formed a head and shoulder pattern. It gave a breakout above the neckline level of 14871. But it closed below that level. So it seems a false breakout. So Nifty can retrace to the lower red line. . But on 15 min time frame can see a falling wedge pattern. So lets see how nifty trades on 12.04.21
Trigyn Tech . CMP : 71.15 A falling wedge breakout. Height of the wedge is 25 pts. So expecting a 25 pts upmove as tgt. Tgt 95. SL 68 closing basis.
Philips Carbon Black : CMP : 207. For short term SL : 202. For medium term SL 191. Tgt 238.