HERITAGE FOOD on a weekly timeframe broken out of the descending trendline starting from 2019 September. Also it has closed above crucial levels of 380 as well with heavy volumes. One can enter with targets of 430, 480, 550+ with a SL of 325. NB : Please note I'm not a sebi registered analyst. Do your own analysis before taking any positions
VGuard after the fresh breakout experiencing some pullback. Currently it is nearing to the previous breakout zone. Wait for the reversal and one can enter on long side. Please make your own analysis before investing.
RPP infra looking good for long above 76 for targets 85, 100. Please analyse your self before entering any position
PPL on a daily chart trading inside an ascending parallel channel for sometime. It has taken resistance 3 times in the upper resistance. If it breaks the upper trend line or resistance, it can move towards 180 levels. Please do your own study before investing.
ITC on a daily chart has taking support multiple times in the range of 200-210. It has been facing resistance at the descending trend line as seen in the chart. Huge chance of breaking the trend line this. If it does we can expect 225 levels then towards 240 levels. Just my view. Please comment below your views as well
DBL on a daily chart looks for a huge movement on either side. After the recent rally from 2021 budget, it has been going through some consolidation and correction. In my observation, it is forming a bullish flag with the bottom of the flag starting from 400 levels. Also on daily timeframe it is forming a falling wedge pattern. Being highly optimistic it can start...
NCC on a daily chart broken the descending trend line pending retest. Once retest, it seems good for a short term target of 100
SHANKARA BUILDING PRODUCTS on weekly basis taking support at the ascending trendline. We can see some upside if it sustains.
ENGINERSIN looking good for swing trade above 80-85 levels. This has been in the downtrend for a long time. The stock has seen taking support at the ascending trendline and facing resistance on the descending trendline. If broken the descending trendline and the immediate resistance levels, we can see good upside.
Watch ZEEL in the coming days, it has been holding on to the ascending trendline and getting a test at the descending trendline as well. If it breaks the descending trendline it can catch 200-225 levels
Magma fincorp forming an inverse head & shoulder pattern on a weekly basis. Yet to break the resistance. If break the resistance and retest, can enter for targets 190+, 250+
Cup and Handle pattern in NAHARSPING. Broken the resistance and retested successfully. Possible Target of 160+
Watch SBIN on a daily and weekly chart. It is testing the descending trend line. Depending on the overall market sentiments, it can breakout or come down in the coming days
Ashok leyland on a daily chart showing a breakout. We can expect the stock to reach 110 and 130 levels in the near future
KNR soon may test the all time high levels made on December 2017
Coal india (CIL) on a daily chart broken the descending trend line. Possible retest and it can touch 140-150 soon
JMFin if breaks the horizontal resistance can reach 125 levels