ACCELYA KALE SOLUTIONS (W) giving perfect all time high breakout after VCP pattern completion. Stock if sustained above 2050 on weekly basis can likely test 2400 to 2600 first.
Axis bank, cmp 1020, likely to test 1065 in near term. Keep stop of 985 on closing basis
Buy Adani port fut above 765 where flag pole breakout confirmation will establish. Target 800/820 and 870. Invalid below 740
Buy Indusind bank above 1285 for big positional target of 1445 to 1700. Keep stop below 1200 on closin basis. Stock is ready to break multiple resistance created at 1280 zone. Good bullish momentum here
REVERSAL STOCK BUY HDFCAMC 1955, for 2040 and 2070 and 2150 Invalid below 1850 on 2 day closing basis. Stock has breached 200ema with volumes. All mid cap laggards are bouncing sharply. Stock is underperformer, so keep it as trading view only
BUY BHARAT FORGE 900 for 1000 to 1040. Perfect weekly rounding breakout at all time highs. Keep stop near 775 range on weekly closing basis. Bharat Forge has been awarded as defence license
BANKNIFTY taken support at 25EMA and now set for to test ATH till 47500. BANKNIFTY perfectly getting support at EMA and trendline support levels
BUY GLENMARK (753) till 690 for 825/890/950 and 990. Almost 40% returns. Glenmark given weekly close above 710 levels which is multi year high breakout.
Buy MSTC 360 till 340 for 400,440,480. Keep stop below 320 on weekly closing basis. Fantastic VCP pattern emerging
Buy LTIM (D) 5240, for 5700 and 6100. Add on dips till 5000 with stop at 4950 on weekly close. Stock ready to give breakout above 38.2% fibonacci levels and then will reach 50% and 62% eventually. Consolidation happening for last 12 months which shall give minimum 15% returns. Both leading and lagging indicator MACD and EMA is indicating bullish momentum in LTIM
Anantraj 178, on verge of 15 year breakout which is at 200 range. Multi year breakout with whole sector performing can deliver fantastic returns.
Buy LTFIN 129 till 105 for 150/170/200. Invalid below 100 on weekly closing basis. Good rounding bottom happening with all indicators with positive crossover on longer timeframe. Golden crossover on weekly charts suggesting that we can see 50% upside
RIIL (W), forming C&H pattern. Stock taken support at 200ema near 800 and now gradually rising. Stock after breakout will deliver at least 3x return from here
DLF (M) sustain above 500 is now going for 575/590/650 in next 4 to 5 months gradually. Keep stop below 440 on weekly closing basis
JAI CORP (W) 280 is moving towards 15 yr resistance at 360 range. Above 360 we can see levels of 800 to 1000 in 3 years. Let breakout happens on weekly timeframe
ORIENT CEMENT 260 is sustaining multi year breakout above 220 mark. Use dips till 230 for 320 range first. Using FIBONACCI extension method to come up with the target. Invalid below 215 on weekly closing basis
Buy RPSG VENT 470 for 600 and 800 in medium term. Invalid below 390 on weekly close. Stock has closed above 200ema and 200wema. Also there is trendline resistance breakout supported with good volumes.
PUNJAB CHEMICAL & CROP 1230, has taken good support on 200WEMA. Stock has taken support at multi yr levels of 750 and now backed up by volume burst. Already golden crossover on daily charts are there. Buy for medium term view above 1260 levels for 1400 to 1650. stop below 1050 on two day closing basis.