Hindalco gas completed BAT pattern formation. It may take rally up to Target1: 740 to 760 Target2:823 to 865 Time Frame by beginning of Dec'24
On a Monthly time Frame Vodafine Idea has touched bottom channel & along with that it has formed Bullish Shark pattern as well. It will have next resistance at 13 (0.5 Fib). Monthly candle close above 13 will take it to 20. Vodafone Idea is buy for 1 to 1.5 year time period for following targets. 13 - 20 - 23 - 26
Chola Finance is at verge to form M pattern of Shark / Cypher, It has potential to go towards below targets as per pattern, Target1: 1140 Target2: 1085 Target3: 1000 Weekly close is important to have above targets.
CIPLA has moved below all moving average and also it has crossed lakshman rekha. It has possibility to move towards below level, 1313 - 1150 - 1015 - 850 - 750
Tatamotors has crossed lakshman rekha to form Shark pattern. It will touch 666 and then it will move towards next direction. Target: 812 / 780 / 730 / 666
Based on current pattern Nykaa has short term potential to reach 205 with following stages. 190 - 200 - 205
BHEL has shown a good sign of reversal from MACD & RSI indicators. It has also formed Alternate BAT pattern or Crab pattern to show bullish sign. This will take it to 400 over period of 5 months time with following target levels, Target1: 280 to 300 Target2: 350 Target3: 390 to 400
Motherson Forming Bullish Gartley pattern for 240 target Target1: 204/210 Target2: 225 / 240
Today Bitcoin has touched fresh new high of 75,000 On weekly time frame there is a flag pattern breakout which will take it to 88,000.
Aarti Industries is a good to buy at 440 and from that point it will confirm Bullish crown pattern formation . It has short term target of 800. From there further it will go to 900 & 1000 Target.
Syengene has formed bearish Shark pattern on weekly time frame 776 is an important support at 0.5 Fib. Immediate target at 776. If it closes below 776 on week candle, then rest target to follow and could go down more till 400. Target1 - 776 Target2 & 3 - 736 / 680 Target4 & 5 - 515 / 400
Reliance has moved below 20 / 50 / 100 EMA & closed below support of 2904. With the confirmation of Bearish Cypher/Shark pattern, it is expected to follow 2865 / 2800 / 2730.
Bajaj Finance - Bullish BAT formation is confirmed. It has crossed 20 EMA & also completed Target1 range to reach 7600. Now net it will move to 7800 & then 8200.
CG Power has moved below 20 & 50 EMA levels. It has also closed below Lakshman Rekha on week time frame to form crab / deep crab pattern. Possible targets: 1. 660/620 2. 620/550 3. 550/500/400 Crab formation will take it to 400
IEX has confirmed Shark harmonic pattern. Supporting to this, RSI & MACD both are in positive direction. Target1: 180/185, Target2: 200/210
Inox Green has started to move out from a parallel channel forming a flag pattern. There is a breakout and possible target of 240.
Suzlon forming Crab pattern, Current rally may extend upto 60 & then it may follow reversal as per target. Target1: 45/40, Target2: 33/27/24.
TCS futures has confirmation of Bullish shark on Weekly chart. Next possible target1: - 4124, Target2: 4450/4675