Foods & Inns Limited-Stock has given the breakout on Daily Chart along with breakout on RS Dual trend line, RS line is also approaching 0 Line. A good candidate for. Company is in Fruit Powder Market, Global Fruit Powder Market is to Witness Significant Growth between 2020-2026 with leading players Foods & Inns Ltd, R.K. Damani Holds 5% stake in the company....
RVNL- The Stock had given the breakout in December-2020 on symmetric triangle pattern and advised at 24 to Buy for 32-34 Level, that already achieved, now again the stock has given a breakout on symmetric triangle pattern now at 32 advise to buy at current price for the next target of 34-36-38-40 in next 1-2 Months. Who has already taken got early mover advantage.
#Wockhardt Weekly Chart is indicating a decent upmove in next 1-3 Months, Earlier two stances taken support of trend line, as well near breakout retest zone. My First Target is 700 stop loss should be 479 on closing basis.
South India Bank-CMP Rs. 11.40-Stock crosses 0 Line and since than Trading volumes are good and delivery volumes are also good, stock is about to give a break out, BUY the stock at current price on dips till 11 Rs. with a stop loss of 10.30 on closing basis for the target of Rs. 12.50/13.50/15 in next 1-3 Months.
Alembic Limited Current Stock Price 102.75 closing above 105 can give a breakout of Triangle Pattern on weekly chart, in that case the stock can touch 114 stop loss should be 99.5 on closing basis
Gati LImited-Stock has given a reversal on the Monthly trendline last Month and this month till now it is confirming, there is also a breakout on daily chart with volumes today, Next Resistance is 81 Level, if break and sustain then we can see the level of 95-105.
NEW INDIA ASSURANCE COMPANY LIMITED-The stock has violated the trend line on daily chart, however the stock can face a resistance around 117 a 200 dema, so once it will cross and sustain over 200 dema, dual RS is also near 0 line so once it will cross 0 line then the move will be sustainable, first target should be 135.
Himadri Speciality- Today Closing above 50 can move to stock to 52 level but once break above 52 and sustain then can have the target of 60-64 in next 1-2 Months. Stop loss should be 47. On Daily Chart stock is above all moving averages, On Weekly Chart stock giving the breakout on downward trendline with volumes.
More than the weekly average volumes yesterday and today, delivery volume was also more than 25% average in both days, so price action with strong volume and RS Crossig above 0 Level making VIP Industries a perfect bet for target price of 340-360
Birla Corp Stock is trending in upward channel. Now the stock is at near support line of this channel, if stock turn positive from this channel support line then we can see a 10% upside in next 30-45 Days. So Buy price should be in the range of 625-635 with a Target price of 695 with a stop loss of 594 on daily closing basis.
STOCK-HAL touched low of 470 in March-2020 and then recovered and made a high of 1423 on 14th August, but after that there is a profit booking in the stock, now the stock is near its support level of 980, Stock is near to its 38.2% fibonacci retracement level. So as per my analysis buy in the range of 975-980 for the target of 1200 in next 1 Month keep a stop loss...
Adani Power has given break out of Upper Bollinger Band on Friday-07/08/2020 and today confirmed also with increase in volumes and Interestingly the breakout happened after squeeze. This may well be a new trend direction indicator Prior Squeeze period was for last 17 Days, so we expect a target of 39-41.9-43.5 in next 7-15 days.
Stock is in clear uptrend but was in consolidation phase Currently the stock is at 808 looking to break this consolidation phase stop loss should be 754 our target price of the stock is 879 and then 894, RS is at 0.5 level which is suggesting a strength in the stock, as well on monthly chart the stock is showing a breakout of the Flag Pattern after a long time. it...