NSE:PFC CMP:390.25 ; RSI: 45.49 Script is looking weak on charts, Clear weakness was evident as seen by the formation of Descending contracting pattern, which symbolise decreased interest of buyres in the script. Similarly Head and Shoulder pattern formation is in its last leg of confirmation. Neckline brekout wiil be confirmed if Script breakout below 348 on...
Zomato CMP 139.55 RSI: 71.38 Target: 145 (1W) - 150-(2W)-162-165 ( 8W) Zomato at its second resistance level should break it in upwards direction in a weeks time and conquer its target of 145 in a weeks time. While on charts targets of 150 can be seen in in a 3 weeks time frame, before it retraces back to second resistance zone and should retest it. Third leg of...
Titagarh Rail System CMP: 1178.50 short term target: 1356; stop loss: 1200 Once Titagarh script position it self above 1400 odd levels Medium Term Target: 1600; stop loss: 1396 Duration: 5 week (short term); 15 week (medium term) Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing...
SCI, near its crucial resistance. Breakout above 162, will take the price upto Rs 190. SCI: CMP: 158.65 Resistance : 160-163 Option 1: Aggressive Bet- Buy on confirm volume and price breakout above 162,if stock closes above it. SL: 160; time duration 4-5Week; Target 170-178-190 Option 2: Wait for a DIP, Buy as close to 145, for target of...
CMP:1002.60 Confirmation of Flag pole breakout @ 1020 Possible Short Term target 1220 Long term Support @ 870 SL-970
The Next possible resistance will be faced at 126.5 in coming week and followed by the validation of support level @120 before resuming to upward trend to achieve 135 level in a months time frame. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice...
Double bottom pattern was formed in Daily chart of IDFC FIRTS Bank, wait for the the Neckline breakout on closing basis (@above 89.5). upon confirmation of neckline breakout the next possible target's are at 96. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of...