There is a trendline breakout in JSW steel and we can expect a good upside movement for the targets of 1018, 1040 & 1062 with a SL near 975.
Go long in Premier Energy Ltd. only if it successfully breakout trendline or a level of 1105. By making breakout of trendline & marked level of 1105, it can go upto the levels of 1144, 1216 & 1271.
BEL is looking good for upside. Closing above 295 in BEL, can rally up to 302,309,315 & 320. Keep eyes on this stock for good returns. Do follow and subscribe our Youtube Channel for more investment ideas.
In HDFC Bank, we see analyse that there is kind of inverted head & shoulder pattern formation. On weekly basis, if HDFC bank manages to close above 1790, then we can expect a good upside. Targets would be 1825, 1875 & 1950 if HDFC bank manages to close above 1790 on weekly basis.
There is a trendline breakout in Bajaj Housing Finance on daily frame. Targets in upcoming days are 142, 146 and 150.. keep adding small quantities to your portfolio.. It can be a multibagger stock in upcoming years.
We are noticing a trenline breakout on daily frame. Above 5130, we can expect targets of 5350 & 5500. SL would be near 4950
GO long in HFCL if it close above 131.50 on daily time frame. There is a trendline breakout in HFCL. On the upper side, we can expect targets of 141,146,152,160. Only above 131.50
On hourly frame we see analyse that HAL had done a good breakout of a trendline and a level of 4335. From here we can expect targets of 4422, 4486, 4597,4687, 4785. We are expecting a good movement in defence stocks and HAL is one of the best. If you are supposing to put a stoploss against this investment then it would be near 4260-65. Do follow and subscribe...
You can take a buy trade in Waaree Energies with a Stoploss of 2755. On the upper side we can expect targets of 3050, 3340. For investment purpose also, stoploss of 2755 is recommended. If market favours then target is 3050, or wait for a good dip.
Bullish engulfing candle and taken support from a trendline. Sequent Scientific can go upto 181,192, 199 levels.
Go long in Himadri speciality chem only if it closes above the level of 583 on daily frame. On the upper side we see targets of 610 & 640.
Although it's a negative trend in MOIL share and even stock has a great decline of almost 46% from it's ATH. So, we can add some quantities of MOIL to our portfolio with a stoploss near 310-315. Below this range we can expect a another fall till 260. So, go long in MOIL with a stoploss 310-315.
Reliance has a good support zone between 1280-1300. So, accumulate reliance with stoploss of this support area, below these levels we can expect a good downward movement. On the upper side we have a huge resistance near 1435.
There is a trendline breakout in Adani Wilmar. Investor who can seeking a good oppotunity to invest in Adani group, they can invest. Today market closing above 24380 is a good sign for reversal. From here in AWL, targets can be 344, 360, 380,395,423
State Bank of India again bouces from a trendline. Buy SBIN for the targets of 830, 842, 863. Good bullish engulfing candles in SBI stock today. So keep investing in SBI
There is a trendline breakout in BEL today. This stock is trying again and again to be bullish, so invest in BEL as much you can because it's gonna be a leading Defence sector stock after HAL. Above trendline breakout, next targets could be 288,294, 302,310,330 .. So keep investing in BEL if there is any dip.
On daily frame, we can see that BNF is trying to from H&S pattern. Data will be totally bearish & H&S pattern will be formed completely if Bank Nifty broke 50400 level. So, avoid new buying in banking sector. Only if BNF closes below 50400 on daily frame then BNF can hit targets upto 46500.
Be cautious in market now. Nifty has formed head & shoulder pattern o daily frame and closing below 24750 on daily frame can result in sharp fall up to 1500 points downside or targets upto 23300. Only if nifty closes below 24750 on daily frame.