EDELWEISS FIN SERV gave a breakout. Extremely undervalued company, mid-long term targets are 80-140-200. SL as per own risk. Good volumes were seen along the base above which the breakout was affirmed.
Veto Switchgears brokeout from a falling trendline as well as a horizontal resistance zone. Good Volume pickup in last few days, stock took support at 10 EMA in last correction days in market (18-23 sept and contd). Buy above last week green candle i.e 138. SL as per own risk. Target 250+. Multi month trade. Have patience and trail as broad market weak.
Falling channel breakout in hathway cables. Volume spikes, High targets as per the chart. SL as per own risk. Can enter above 19.80
Breakout in satin creditcare with good volumes, volumes have been high in the areas of the resistance zone. Buy with multi month target of 600+. SL as per own risk.
Buy with target of 30-32. SL as per own risk. Keep patience as broad market weak. Govt also increased stake by 4% in last quarter.
UNION BANK OF INDIA broke out of a long base with huge volumes. PSUBKs are the theme at the month, have patience for good returns. Tg 190, SL 86
Huge breakout with very huge volumes was seen in aries agro today. against usual volumes of 50000-200000, a volume of 15,00,000 was seen pushing the stock to breakout from the resistance zone of 160-170. Can be bought keeping in mind 200 as the first resistance for eventual target of 260+
Container corp Ltd is on the verge of a clean INHS breakout.
Nifty 50 showing perfect bearish rising wedge pattern. Might see 21k by early 2023 followed by a breakdown
FDC Ltd had a breakout on 24th Oct, a clean INHS on weekly TF.