One can go ling above 190 with following reason Stock Price is in 52 week highs range and its PE is at All time lowest i.e 6.5 x SMI indicator showing strength at 3H TF Above Avg Volume
Stock look good above 5050 -SMI indicator showing buying momentum at 3H - Stock will try to break its multi month range
Reason to Go long - Trend line breakout at Daily chart - Above Avg Volume at Breakout - weekly narrow CPR - SMI indicators showing buy at Daily Time frame
Trend line Breaking at 1H, one can go long above 5707/- Reason to Buy, SMI index buy signal at 3H Price will cross 200DMA at 1H at above level. Stock is moving in a Range from last 8 Days Daily time Frame Supertrend is positive and 3H supertrend will turn positive at above level.
Reason to Go for Long Cup and Handle Break out at 1H. Above Avg Volume on Breakout. Possibility of Range Breakout at 3H. SMI Indicator Buy at Daily chart
One Can go long for a swing, Reasons to Buy, Tringle Breakout SMI Indicator Buy at daily chart Above Avg Volume at breakout candle Weekly Narrow CPR
One may go for scalping above 381. Reasons to buy. SMI showing buying at daily & 3H chart. Weekly Narrow CPR. Range Breakout. Above Avg Volume
Breaking range Narrow weekly CPR 1H > 200 Ema volume
Technical Reasons to Buy - Price Range break out on daily chart . - Higher high structure at One hour Time frame. Fundamental Reasons to Buy - Consolidated net profit rises 19.96% in the June 2022 quarter - Stock Trading at 19.8 PE which is lower then industry average. - ROCE 30.34, High Return on Capital stock - Company has reduced debt. - Company is...
COLPAL looks good above 1615/- as stock will breakout from a trendline at Daily chart with Cup and Handle pattern, One can go Long if stock crosses 1615/- with target of 1737/- (+7.5%) and stop loss at 1580/- (-2%)
Infosys Breaking from consolidation after long time, One can go long for a swing keeping a stop loss of 1499/- Stock Also forming higher high on 1h time frame with Cup and Handle breakout with decent volume.