Bseindia
PERSISTENT SYSTEMS - GOOD ONE TO GO LONGWEEKLY CHART
1) Stock has broken out of the consolidation zone with good volumes.
2) Relative strength has gone past previos highs; reflects strength in the stock.
3) MACD histogram increasing; reflects positive consensus on the stock by way of short / long ema crossover.
4) ADX above 20; reflects trend intact.
5) cmp 822. Target 944; stop 750
Lincoln pharmaceuticals - Short term profit opportunityLincoln pharmaceuticals
Weekly
CMP 269
Target 305
Stop 235
1) Reverse H & S observed.
2) Neckline resistance breakout observed at 203.
3) Stock cleared past major resistance at 255 and has potential to reach 300-305 levels.
4) At 300-305 levels need a review as resistance observed.
5) A decisive cross above 310 could lead to an uncharted territory.
Aro Granite three year ascending triangle breakout/downAhead of the result on 21 Jan let see how this stock is doing this week
TCS completed Wave 4, up for Wave 5 (Long Term view)With positive result TCS broke the Wave 4 triangle this week on Weekly time frame, with this it should be up for Wave 5 which it should minimum run to 4,500 for Wave 5 completion.
Venus Remedies Limited broke two year symmetrical triangle Venus Remedies Limited attracted massive volume in today's trading session, which helped this stock to break out of two year long symmetrical triangle on weekly time frame to potential to run towards 200 with on the way four ladder profit cover opportunity to ultimate target of around 200.
