After a massive upside channel rally MAXHEALTH is ready to breakout retest one may enter here around between 340 to 355 with a stoploss of 325 closing basis weekly ,Cooling off of RSI on weekly chart showing stronger upside rally .
Since last 8 months mahindra & mahindra getting Consolidated and creating A flag pattern , mostly auto sector Shares are underrated and believing to be great reward for investing ones in upcoming yrs.
Trade and Invest on your own my tgt 1000+ and SL 710 around.
Buy wipro around 660-665 for the strong tgt of 700+ , little bit cooling of the rally making it stronger to upside rally further.
Following a channel perfectly indicates the support and resistance working efficiently ,good fundamentals , i conclude it as low risk high reward category .
Perfectly following a channel . it couldn't sustain the channel evasion and lead to downward pattern.
just my observation that it will start some correction trade from here . it may fall till 538, 525 then again rally will start .
Gave breakout and kissed All tym high with good volume , it may give more upside rally .
company fundamentals are good and considerable .
one may enter with stoploos of 590 for short term and 560 down on weekly closing basis . tgt open .
UPL LTD showing strength reversal pattern from the support zone near 700-710 , it is also showing escaping from downtrend with a good volume green candle .
one may enter with sl of 700 mid term and 730 short term . i prefer 700.
ONE May enter to this level for an open tgt , volume is good and patten is also in better pattern ,
with stoploss of 313 for short term and 293 for long term .
i have also suggested this scrip on lower level earlier you may check on below link .