NSE:TITAN is reversing from the support and trendline.
NSE:BHARTIARTL is reversing from SMA20 support after 6 days of selling pressure.
L&TFH | Swing Trade | RR 3.0 | Reversal from the breakout level
M&MFIN | Swing trade | Potential reversal from the support
NSE:LAURUSLABS reversing from support and trendline. RR 3.0 Trade.
NSE:DEEPAKNTR is reversing from breakout level support. Swing trade can be taken for Reward-Risk ratio 3.0.
HDFC is taking support at shown area with higher volumes. We can go long if it creates a higher low (HL) above the support area.
HEROMOTOCO has given a breakout after consolidating in a range. The price is also above all famous EMAs.
SUNPHARMA Breakout Retesting. SUNPHARMA gave a breakout with a good volume few days ago, and then it is consolidating in a small range. It hasn't broke the breakout level yet.
HINDUNILVR: Triple Bottom, RR 4, Entry above 2400 with supporting volume
NSE:UPL has shown triangle breakout. Buy for 8% potential profit in a short term with RR=2.6.
Wait for the triangle breakout with volume. After the breakout, BUY position can be taken for 12% potential profit in a short term. The RR > 3.6 and the stock is trading above EMA20 and EMA50, indicating bullish trend.
NSE:HCLTECH has shown a breakout. Buy position can be taken for 12% potential profit in a short term. The RR ratio is 3.
HINDUNILVR is reversing from the resistance trend line. It is a swing-trade opportunity. Buy for 13% potential profit in a short term with RR=4.
Flag and pole pattern is forming in NSE:BHARTIARTL . Long position can be taken once the flag breakout is observed with a high volume.
After the trendline breakout, NSE:INFY has consolidated back to the trendline. Now, It is showing reversal sign. Buy position can be taken for a short term. Potential profit is 7.5% with RR ratio=3.
NSE:RELIANCE has shown breakout with higher volume. There is 17% potential profit opportunity with RR>4. The MACD is bullish. The stock has shown breakout after consolidating for last four months. There is high chance that the stock would change the direction.
Buy RELIANCE on the trendline breakout for 17% potential profit. The script is consolidating for last four months from the recent top. The trendline breakout with high volume will be a good opportunity for a short-term tread. The RR will also be greater than 4.