Andhra Sugars has been consolidating from past few months and last Friday gave some good upmove along with fair volume. The Trend breakout is also being supported by the 50 and 200 EMA. One could explore and observe this scrip.
It has been respecting the trend in a weekly timeframe from past few years and nearing to the trend after a pull back from an attempt made to breakout a few days ago. Interested to see how it unfolds. may go long if it breaks out with strong volume with limited SL.
For so long, the stock traded in a range. After the recent break-down, it is nearing the breakout of the trend after which may give an up move. Note: Not a recommendation.
Given a breakout of multi-week consolidation. Looks good for the target of 3200, WITH LIMITED SL. Not a recommendation, just a possibility!
Quess has consolidated for a few weeks and can consider to long once it breakouts the current range with LIMITED SL.
Over the past few months, a trendline is forming in Fortis Health which looks interesting to observe how it unfolds. If able to sustain above 272, may see a good run. WITH LIMITED SL as per your risk and reward
Gati Ltd has been consolidating for the past few days after the reversal from the lows. Could it break out of the pattern above 121 and give another similar run? Risk and Reward are looking good. Let's see how it unfolds. Small SL is highly important.
Bata India In a weekly time frame, it has seen a good fall from the past 1 year and now consolidating from the past 1 month. looking good to enter once it breaks the consolidation zone with limited SL.
Breakout in the trend line can increase the momentum in Mazdock. Currently taking support at 694
Above last week's high of 1436, the price may give a good positive run if the results support it. Else, we may also play it negatively, if it misses the estimates on its results on 13th April. Targets are spotted based on the moving averages but one can play with their own Risk levels. Interested to see how this stock unfolds..!
Swing/short-term traders may look for opportunities on the breakout of the trend line in a weekly time frame. WITH LIMITED SL. Note: This post is just an opinion and not buy/sell advice.
In a weekly timeframe, M&M Fin has given a trend breakout and is still under the resistance below 190. Once it crosses, 190, there is a possibility that it may reach the level of 220. One can add it to the watchlist and observe it for education purposes....!!
In a weekly time frame, Tata steel is forming a trendline. Good to enter after a little consolidation at the current price with SL(for short term holders)
In a weekly time frame, looks like Mindtree has given a breakout last week and retesting. Good to add above 3500 for B&H with a small SL of recent low.
After multiple rejections, Century tex is trying to give a trend breakout in weekly TF....!
Above 322, may give a good upmove......! For education purposes only!
Dalbharat has taken a U-turn ideally and is on the way to break or retest....!!!
Above 1200, may give a good run...! An idea to long and hold with small SL....!