Ramco system today gave ascending triangle breakout on weekly charts. Stock gave 52 week high closing with good volume. Expected to test 700 at least in medium term and break all time high in next 12 month.
Pennar ind at 220, gave consolidation breakout. Stock is into momentum on higher side on longer time frame. Can expect 260 to 290 in medium term
Shree pushkar 345, gave multi year breakout on daily weekly charts. Classical cup and handle pattern breakout with fibonacci extension showing target of 500 coming soon. above 500 we will review
BUY MARUTI 13400 TILL 13100 for 13650/14200 in short term. Clear Darvas box breakout happening with volumes. Stock after multi year breakout above 10000 is now heading towards 18500 as medium term investment bet (Fibonacci extension levels)
Amber enterprise, 5000, running now after CUP & Handle breakout at 4000-4100 range. Now with massive volumes stock is into bullish momentum for next levels to come is 5400/6200/7400 Stock is into small cap category, so it will be investors oriented players only
NIFTY simply gave all time high closing above 25275 and tested 25433. With support shifted towards 25135-25150 and next target comes out 25520/25720 and 25800. Simple daily charts showing support retested around 24800 and breakout with volumes at all time highs.
BUY ASSOC ALCOHOL 560 for 600 to 720 in medium term. Good inverted head and shoulder pattern breakout happening.
Buy ICIL (W) 350, fantastic cup and handle breakout at 320 levels and moving towards 435 to 520. Invalid below 260 on weekly closing basis.
Buy ABSL AMC at the breakout of 535 on weekly charts for target of 700 at least. Good CUP&HANDLE breakout happening on daily, weekly charts. Stock has taken support 200ema and now ready to bounce with volumes. Invalid below 500-505 range on weekly basis.
MANALI PETCHEM 80 (W), after series of contraction is now set for price expansion. stock is breakoing out from ichimoku cloud with volumes backing up. Medium to long term investor can look for 150/160 range, almost 2x from cmp. Invalid below 60 closing on weekly basis
ZENSAR making higher highs where NIFTY IT index is struggling. Good ROE/ROI with PE ratio comfortable at 22, one of lowest in industry. Net profit doubled from last year. Technichal rebound from 200EMA and gradually trading at all time highs. Buy for target of 810 to 1020 in medium to long term. Technical stop around 555 on weekly closing basis
UPL now coming out from long term correction mode and ready to deliver good returns. Buy UPL 480-520 for 560/610 in medium term. Above 620 weekly breakout we will see 750 to 800 levels. View invalid below 480 weekly close. Stock is just breaching 200ema on upside with momentum oscillator on bullish side
Buy TATA CONSUMER 1145 till 1090 for 1220 to 1300. Good bullish divergence on MACD happening. Just range breakout pending after which stock will move its own way. Stock taken good support at 200EMA and bounced sharply with volumes. View invalid below 1080 closing on two days basis.
BUY SANOFI INDIA 8600, FOR 1100 TO 1300. Good inverse head & shoulder breakout happening above 9200. NCLT approves demerger for their company in two different business.
Buy coal india 481 for 510 to 540. All time high breakout and retesting support levels. Good swing and momentum trade with good risk reward ratio. Invalid below 471 on closing basis.
Buy EID PARRY 686 till 620 for 700/820/860. Classic Cup and handle breakout happening in EID PARRY. View invalid below 590 on weekly closing basis.
Buy Sudarshan chemical 830 till 770 for 890/965 and 1050 in short to medium term. Invalid below 725 on weekly closing basis. All time high breakout happening in the sector which is mostly the laggard sector. Their chemical is in big demand after closure of many global plants.
Buy ICICIPRU 612-620 for 650/720 as short to medium term trade. Keep stop below 597 on closing basis. Short term breakout above 610-615 levels happened and sustaining