csanjib

csanjib

Inv H&S formation underway with a neckline at 216. BO with volumes gives a pattern target of 245. Views negated below 208.

csanjib Updated 

#TVSMOTOR CMP 666.8 Inverted H&S bottom in place. Upside breakout above neckline of 687 seems imminent. If that happens, pattern target: 780.

csanjib Updated 

#BEML CMP 1035 (Futures) Positive divergence on RSI coupled with Double Bottom and Bullish Belt-Hold reversal candlestick on Daily Chart. Likely to move to 1080/1150. SL below yesterday's low, i.e. 976.

csanjib Updated 

#HEXAWARE CMP 414.45. Bought today at 399 after breakout from handle neckline of 394. Pattern target: 454 with SL: of 358. Not a recommendation to buy.

csanjib

#LUPIN CMP 801.45 Possible short term bottom formation. Showing Inverted H&S formation on Daily charts. Upside break above 826 will quickly lead towards 926, which is also the 200 DEMA, and is likely to be a strong resistance

csanjib

#ORIENTHOTELS CMP 47.5 The stock corrected till 40, which is a long term support on Weekly Charts and started moving up. Go long with a stop loss at 40