AbNamjoshi

AbNamjoshi

Finally after a year long consolidation and unlimited meme ITC has given cup and handle breakout on weekly chart. The first target as per Fibonacci is 300. Volumes wise too the breakout is looking sustainable. Target- 300 SL - 215 weekly View - Short term. Time - 6 to 8 months.

AbNamjoshi

I had recommended this stock multiple times and HDFC LTD has again given a good entry point with possible 40% gain. This is extremely well techno-funda stock. If India grows, it cannot be possible without HDFC. It has one of the biggest weightage 8.29% on Nifty. HDFC is a mother company for all HDFC companies and hold a big stake. It's a must stock for all the...

AbNamjoshi

Today I want to present a GEM in our stock of the week series meant for investors intrested in wealth creation . LT came on my daily chart on 24 May @ 1142. Since then I have recommended this stock multiple times. This week stock has given a unique breakout on weeklychart. If you see, since 2007 stock is trading in a range (red lines) . It has tried to break...

AbNamjoshi

Nifty has given new breakout. After a small consolidation Nifty is ready for the target of 18000.

AbNamjoshi

After weeks consolidation and small correction, Reliance is again ready to take a next leap. It's my long time favorite and I had recommended this stock for medium to long term, however, if someone wants to initiate short trade buy for the target of 2715.

AbNamjoshi

On 16 Feb, nifty made a all time high @15428. For next 4 months nifty consolidated before giving breakout. Sincethen niftyis in continuous up trend. If we put fibonachi from 15428.85 to 14149, which was the swing low, then 17510.65 is fibo resistance 2.618. According to my analysis, nifty should either consolidate at this level or show some corrections....

AbNamjoshi Updated 

This is a weekly chart of LT. The stock has given a cup and handle breakout on weekly chart. This breakout is also called as breakout above multiple tops . If you see, in the past this stock has taken resistance multiple times around 1560 to1600 levels. This week, however, it has managed to give a clear breakout after 2 years. 1600 used to be its all time high...

AbNamjoshi Updated 

Buy LT for long term. My Target is 3200 in next 2 years. Yes! And I mean it! This stock has given a clear breakout on a daily chart. 1560 - 1600 is the all time high for LT. It has taken resistance at those levels many times in the past. Now its forming cup and handle on weekly chart. The resistance becomes weak when stock falls down so this time it should give...

AbNamjoshi Updated 

This is a daily chart of Vimta lab. The stock is in the down trend and today it has made a doji candle. Tomorrow, if it makes a green candle then the pattern will be called as morning star. It’s a trend reversal pattern.

AbNamjoshi

As discussed yesterday, it was appearing like a trend reversal pattern and today it bounced back 12%. Now investors can enter in to the trade and buy for medium to long term.

AbNamjoshi Updated 

A clear cup and handle breakout on weekly chart. Target 2765 weekly. SL 1990 weekly.

AbNamjoshi Updated 

Given a nice rounding bottom breakout. this week stock has tasted its resistance too. right time to enter with minimum SL

AbNamjoshi Updated 

Buy Tech M for the target of 1700. Time frame medium to long term. Nice breakout at weekly chart. Keep weekly SL of 1050 and long. Very good RR

AbNamjoshi Updated 

given breakout above its all time high. worth investing

AbNamjoshi Updated 

Short term buy.

AbNamjoshi Updated 

Again a beautiful breakout. its my 3rd recommendation to buy this share. in next 2 years it should double. short term target 150.

AbNamjoshi Updated 

This beautiful stock came up on 7/6/21 on my charts. I bought it positionally for 1000. However, it again gave breakout and I revised the target for 1060 on 25/6/21. Today again it has given Breakout on Daily charts. Do not sell at 1060 as my targets are 1071, 1184,1364 and 1546 for long term. I will review this stock once it closes above 1071 and give my next...

AbNamjoshi

Rupa has given up flag breakout. Buy for the target of 678.