ERIS Lifescience is trying to create a symmetric triangle pattern in 6 months timeframe and can possibly give a breakout in upward side considering the pharma sector still has a pending bull run. One can take a long position from 517 - 524 for a possible breakout. Targets should be - 546 - 588 - 588++
Centurytex was trading range bound for a couple of months with the channel shown in chart. With festivities around the corner expect some surge in textile sales and chart shows some channel breakout today. One can initial a fresh long on this counter. Centurytex published a bad quarter last time, expect some changes in this quarter on the next one. First target -...
Looks like ADANIPORTS creating a cup and handle pattern. One can expect it to bound back from 305-311 levels. RSI is relatively low at approx 32 level indicating a prospective buy stock.