Relaxo footwear has given a breakout from previous resistances and is moving in new zone.
Keep stop loss of 825, and hold for long term, however short term targets can be 1000 which is around 11% from current levels.
**ideas are my own** invest as per your risk taking ability**
HDFC life has started traversing in uncharted territory overcoming the previous resistances.
Consider buying this stock for long term (10-12 months) , Targets have been mentioned in chart.
Keep stop loss of 630 on weekly closing basis.
*** ideas are my own *** Invest as per your risk Appetite
Pidilite Industries has broken its previous resistance and has entered uncharted territory.
Buy stock at current levels . Keep stop loss at around 1600. The targets are 1900 and 2000 .
As this is weekly chart keep your investment horizon for 3 to 12 months.
**ideas are my own** please invest as per your risk taking ability **
The scrip SEQUENT SCIENTIFIC has been outperforming nifty and has given a break out after small consolidation.
Consider buying SEQUENT SCIENTIFIC for target of 200-205.'
Keep stop loss at around 150-152 on weekly closing basis.
***ideas are my own *** please take risk as per your risk appetite ***
Titan has given big breakout from its past resistances
Buy at current levels and keep stop loss at 1257.
Keep a view of 3 months to 1 year
for good returns.
** ideas are my own ** keep stop loss as suggested **invest as per your risk taking ability**
One can consider buying Voltas as it has given clear breakout from it's previous important
resistance. The stock has also started performing well when compared to NIFTY 50.
Keep Stop loss at 690 and Buy for 1st target (or profit booking zone) of 850 and 2nd target of 890.
Berger is on clear breakout and traversing in uncharted territory . One can consider buy on this scrip with target of 663 . Once 663 level is crossed then next target would be 790 and trail the stop loss to 663.
SRF has given breakout from it's previous major resistance. The stock has good momentum in it.
Currently the chart has entered uncharted territory. One can buy the stock at current levels
and keep Stop loss at 3934 .
**ideas are my own ** Please invest as per your risk appetite **
MCX which is Multi Commodity Exchange is trading above all time high of 1600.
The previous all time resistance of 1600 was broken and currently it is trading at 1636 levels.
We can buy this stock at these levels and wait, keep a stop loss of 1460.
We are looking at weekly chart so our investment horizon will be for 3 months to 12 months.
** ideas are of my own...
Coforge now the parent company of NIIT technologies has given breakout from its previous important resistance.
The scrip is ready to move up now. Keep an eye on it as it should give good return in 3 months to 1 year.
Keep stop loss of 1920 which is roughly around 8%.
**ideas are my own please invest accordingly**
TCS has given breakout from its previous multilevel resistances.
The breakout was with good volume.
Once the Scrip stays over it then there should be big move in TCS.
Buy TCS and hold . Keep stop loss at 2157 .
**ideas are my own** please take risk accordingly**
There has been breakout from Resistance for TITAN.
The Resistance zone 1018 and 1030 has been broken by the scrip.
At the breakout, volume is also significant which gives a confirmation of breakout.
The profit taking zone (from 1121) has been mentioned in the chart, Stop loss should be kept at 990 .
*** Above are my ideas *** Please take risk accordingly ***
There is breakout in CDSL at the level of 290.
You can initiate a buy at current levels and wait for the targets to achieve 375.
The chart is forming higher bottoms and also there is volume addition.
The analysis has been done on weekly time frame so time to achieve the target could be 3 to 10 months.
Make sure to keep a stop loss of 275 on closing (weekly...
Kotak bank is currently trading at 1322. There is a clear formation of symmetrical triangle pattern .
Today there was a bullish engulfing pattern formation as described in picture.
Keep the stop loss at 1221 .
The risk reward ratio, loss percentage and target percentage have been given in picture.
**views are my own**please take risk as per your...
The scrip is on upside move , currently trading at ~380 .
Keep the stop loss at 350 which is approx ~7.8%,
whereas keep your targets at 419-420 levels which is approx ~10.2%.
***views are my own***trade as per your risk***
Havells broke out with good volume today.
The resistance of level 586 should act as support if market supports it.
You should exit your position once scrip closes below 586.
The target levels have been mentioned clearly in the chart above.
Thus, from current price if there is loss then it would be ~2% (597-586 / 586)
and targets are 8.9%, 11.01%, 15.97%, 21%...
The Chart has broken out from CUP pattern hence support level 1 at 500 will act as strong support for the scrip.
In short term chart, there is Support level 2 as well which is also forming a continuation triangle pattern.
The Long term target is 740 and it should reach there till March 2021.
Currently stock is trading at 560.
Put your stop loss at 550 and...