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.
BPCL has shown a trendline breakout today with high volume . The indicators like MACD and EMA are showing bullish trend. The RR ratio is also around 4 for 15% potential profit in a short term.
NSE:M_M has shown bullish breakout with a higher volume in the last trading session. In the last 2 weeks, 4 brokers have given BUY rating for 15% plus potential profit. The MACD is bullish as well as EMA20 > EMA50. The risk reward ratio is also around 4.
NSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target, which is 20% potential return. The stock has shown a breakout with higher volumes today, which can be a good entry point. MACD is bullish. EMA20 is greater than EMA50 indicating in bullish trend. The RR Ratio is also greater than 4, which is very favorable for the trade.
The stock had a spectacular November month as it rallied from the levels of Rs 1,220 to Rs 1,530. However, after such a strong up move, the oscillators went into a deep overbought territory. Hence, December month has been more of a consolidation phase. We are now witnessing a ‘Pole and Flag’ formation on the daily chart, indicating the continuation of the bullish...
ZEEL - Strong BUY for 50% potential profit
NSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target in last 2 months . The stock has shown a breakout with higher volumes . MACD is bullish. EMA20 is greater than EMA50 indicating in bullish trend. The RR Ratio is also greater than 4 , which is very favorable for the tread.
NSE:SBIN has been given BUY Rating from 6 various brokers in last 1 month. The RR ratio is greater than 4. The current price is greater than EMA20 and EMA50, indicating the bullish trend. After the breakout, the volume has been consistently high.
NSE:UPL has a breakout on daily chart with a high volume. It can be a perfect buy for a short term (2 to 3 weeks) with 26% return potential. The RR ratio is greater than 3.6. The MACD is also bullish for last several days indicating the strength in the bullish trend.
NSE:COLPAL has shown a breakout upward with a large volume indicating upcoming bullish move. The MACD is bullish. The EMA20 is greater than EMA50 showing the script is in bullish trend. The RR ratio is also good.
The NSE:PIDILITIND has broken two resistances upward indicating bullish trend upcoming. The breakout is accompanied by a large volume. The MACD is bullish. The Risk-Reward ratio is greater than three.
The script has broken the trend line upward indicating the bullish trend. The breakout is confirmed with a large volume. The MACD is bullish. All these are with a good risk-reward ratio.