wfhmom07

wfhmom07

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!!

wfhmom07

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!

wfhmom07

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!

wfhmom07

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...

wfhmom07

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!!

wfhmom07

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!!

wfhmom07 Updated 

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 !!

wfhmom07

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 !!

wfhmom07

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!!