AUBANK chart has given a breakout of resistance line as indicated in the above chart. Also, it has closed the Gap down opening in last 2-3 sessions. Momentum is also positive I feel. Near term target 794 SL can be kept around the yellow line in the chart.. These are my views, please do your due delligence. If you like this, please do like it and subscribe for more :)
Tata Steel has given a clear Cup and Handle breakout. The breakout is supported by good volume as indicated in the chart. In near term looks like it will reach 150. CMP: 128 Target: 150 SL: 117 These are my views, please do your due delligence. If you like this, please hit the like and follow me :)
NIFTY Charts are showing the descending triangle pattern reversal. Triangle breakout has also happened. Looks bullish in near term Target 1: 19,991 Target 2: 20,220 SL: 19,475 These are my views, please do your due deligence!
UBL chart is showing a clear cup and handle breakout. Breakout is supported by a great volume as indicated in the chart. In near term, chances of it going upto 1850 are high. Target: 1,850 SL: 1,560 It's my view, please do your due delligence!
ICICIPRULIFE has given a range breakout with a great volume, which shows the strength. In near term, the below targets may be hit. Target 1 - 620 Target 2 - 675 Stop Loss: 535 If you like this, please hit the like and subscribe :) Trade Carefully!!
Balkrishna Industries has given a trendline breakout, volume is also good. RSI is almost at 70 which is a positive sign. CMP - 2349 T1 - 2500 T2 - 2700 Keep 1:1 SL @ 2200 If you like this, please hit the like and subscribe :) Trade Carefully!
Axis Bank has given a perfect cup and handle pattern. As it has given a breakout, chances of stock going up till target of 750 are high. If you like this, please hit the like and subscribe :) Trade Carefully!
Coromandel has given a breakout for cup and handle pattern. For the benefit of those who are new, it is a bullish pattern. On 29/6/22 it has given a MACD breakout with good volume. It is followed up by cup and handle breakout on 4/7/22, the breakout has happened with good volume as shown in the chart. On next day it has retested the breakout level and today it...
Asian Paints is in downtrend and it has formed a Morning Star pattern. Volume is also good. Trend reversal may start from here. Presently it is at a very crucial support as indicated in the chart. Trade Carefully!!
Marico is moving nicely within the parallel Channel. At the bottom of the channel it has shown a reversal, if the momentum continues it will give an easy 10%. Trade Carefully!!
Tega industries had listed at around 761/- ( 68% premium to its IPO price of ₹453 per share.) Its now at 447 (almost 1% less than IPO price). Chart shows Morning star pattern with a substantial high volume as indicated in the chart. Looks set to go up in near term. Trade Carefully !!
Welspun Corporation Ltd has given a cup and handle breakout. As can be seen in the chart, the breakout is with a great volume. RSI is around 73, MACD has also given a breakout. As per the chart, target could be around 290 to 299. Neck line can be considered for stop loss. Trade with Care !!
L & T has formed a Morning Star, possible indication of a trend reversal. MACD has also given a breakout. In the near term may give good returns. Trade with Care!!