Arvind Fashion - has been trading in a side ways range for a very long time, it has decisively broken the range and is ready for a big upmove. The volume on weekly also is 3 times more then average volume which signifies FII or DII participation. Can see next level on 338 in coming months
IndusInd Bank -Long term bullish after breaking major resistance Targets mentioned on charts. Stop-loss near the lower range
Jindal Steel - Up-move begins after 61 % re-trace levels, strong Volume T1 - 450 T2 - 475 T3 - 500
Arvind - Head and Shoulder pattern on Daily time frame T1 - 65
Breakout with W Pattern and above moving averages T1 - 948 T2 - 982 T3 - 1003
Head and Shoulder breakout on weekly charts, Stock can move up significantly
Ambuja Cement - Weekly Charts (Breakout and Flag Pattern)
Inverted Head and shoulder pattern on weekly chart, can give good up-move in near weeks , can Initiate trade once the neckline is crossed for targets, 680 Plus
HDFC Life - Trend breakout on 1 Hour chart
Cochin Shipyard - Wait for retest of Breakout to enter SL - 370 T1 - 395 T2 - 412 T3 - 425 T4 - 461
Engineers India SL - 75 T1 - 95 T2- 103 T3 - 123
Fortis fresh breakout and retest, ready for up-move
Head and Shoulder pattern formation in Avenues Supermart, this is a sign of weakness and we need to observe the stock for Treand-line breakout. The stockhoverever in Trading in Bullish mode because of past prices and its also above 200 DMA. We can take entry after Trend-line breaks
Tata Motors is showing a clear uptrend on a daily chart, a very clear W Pattern is visible which shows uptrend. You can take a buy for long term once is crosses its near term resistance level or near 200 DMA.
Tata Steel - Cup and Handle pattern and trying to cross near resistance. Can quickly shoot up
Tech Mahindra - Symmetrical Triangle on a 1 hour chart, the Prices could go up and touch the near term resistance of 690. If the stock crosses 690 then next target looks at 718-720.
Uflex - Good Breakout after long consolidation phase, can be bought at retrenchments.