Oriana Power target 1 Fib will retrace to 50% which is target 1 and the next target is the flag pole height. RSI trendline also given a breakout after correction over 2 months of about 38%.
KPI Green Double top formation. Neckline broken. Trendline broken. 23.6% Fib level broken. Weekly & Daily RSI hit new low.
CDSL bullish reversal. Took support of 1368.20. Will approach towards 1742 and hopefully further
The Indian Oil Ministry plans to promote the conversion of one-third of existing long-haul trucks to LNG from diesel, as per a draft policy. Additionally, it aims to mandate that a third of new trucks operate on super-chilled gas This initiative may boost the LNG sector and promote a cleaner energy transition in transportation, potentially enhancing demand for...
Chemicals sectors haven't participated the bull rally in last few years. Chemicals are getting ready. Deepak nitrite, Amines, Archean chemicals, Balamines are all looking good. All these stocks has very strong fundamentals. This stock has made cup pattern. Closing above 345 would be a breakout else handle pattern will form. Target 510.
Jewelry stocks breaking out. Titan, Kalyan Jewelers, Goldiam International are the favorite stocks. Weekly chart RSI has also broken out
Likhitha infrastructure after negating Head & shoulder pattern is set to make flag breakout with 60% rising potential.
Fed is set to lower interest rates next month which benefits IT. Cyient has made flag breakout and has 85% potential
Angelone, shareindia securities, IIFL Sec, Icici securities, Motilal Oswal etc stocks are looking good.
Nifty Metal has taken reversal. Steel stocks should perform well. Could be last rally before correction wave A, B, C commences
Nifty Total Market achieved the target last week. And gap down this week. Fundamental story of the world. Recession fear, Japan yen, war, I'll be damned... Is this time, reviving from 23.6% Fib Level (super bullish)? Or 5th wave completed and the correction wave A has started from top with gap down.?
Nifty Metals. Will it head to 7967? Riding the dark horse. Kalyani Steels.
CCL Products made a flag breakout with volume. Q1 result on Aug 7. Stock has good upside potential. Targets are marked in chart.
Deepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Rectangle breakout done. ATH. Pivot R2 brokeout.
Industry is experiencing robust demand environment and Polycab is well-positioned to capitalize on this favourable market dynamics. India Ratings has improved the outlook on Polycab's credit rating to “positive” from the earlier “on watch with negative implication” Polycab's in the process of calibrating new mid-term guidance and will be releasing the new...
Bigger the base, Bigger the target. H&S negated. Disclosure: Invested. Position increased
Deepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Once rectangle breakout happens, stock would roar.
Grindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong...