The chart shows - A hammer at 0.618 retracement of a journey from 835 to 1780. Next week price action is important, can be kept on watch. SL- 1150 WCB>
Trading near strong support, if market remains stable( as volatility subsides) can give 20 % return with SL- risk-10 % upto Ovt-24 End. Do your own Research.
The chart pattern, Inverse Head & Shoulder is in making. R:R is favorable. DYOR
Screaming BUY at current level. SL- 5% . Target 20 %. RSI improving over previous low. GO & GET IT - But DOYR.
As the H&S Breakout has been done in the stock, at present price, pilot position can be initiated. As the stock has extended a bit, better to wait for retracement for full quantity. All other details are explained on th chart. DYOR before taking any position in the stock as I am not SEBI registered analyst.
CHEMPLAST - A CUP & HANDLE IS IN MAKING. Explained in stock. A chemical play.
Stock retraced 0.618 % from its high and taking support multiple times. Chemical stocks have under performed and now if geopolitical situation remains under control, then Chemical may FLY. DYOR.
A possible reversal candidate, making DOJI at support level. Pilot position can be initiated, keeping SL under DOJI lower end on WCB.
Vedanta owned CAIRN Energy declared to increase exploration of OIL due to present scenario. JINDRLL is better placed to take off.
High volumes assures this time Trend Line Break Out. Plan by keeping global situation in mind.
LINDE INDIA: Weekly B/Out, after Sept-2021, Weekly Range Break Out. Keep Tracking. Evolving story, Revolving around H2.
J S W STEEL & POWER :- 9 Year's Break Out. Pl. Study & Plan.
TREND Line B/O on Monthly Chart. Mr. Dependable of the WAR Situation. Check.
IPCA Laboratory. Trend/Line B/O. Moreover less increased in recent RUN UP of Pharma. Check.
HIND COPPER 2014 level Breakout and Retested. Plan Accordingly.
Chart Explains itself. Its a make or break situation ahead for Reliance.