HUL Long Term - At Support - Fundamentally Good Share with great pricing power
20% Over Next Month Possible, Fundamentally Strong Company.
SBI seems to be breaking out form a consolidation zone , Volumes not supporting much though. Will wait for retest.
Fundamentally Strong Share along with very good fundamentals. Good for both long term and short term.
Indian Bank has given highest ever net profit along with forming a great chart pattern - Cup with Handle, Tweaks in government policies for psu banks have given a major support , If net profit is highest ever the stock needs to be traded at either book value or All-Time High . Short Term Target - 2-3 Months - 35% Long Term Target - 80% over a year
Apollo Tyres was in consolidation since january and now seems to gave a good breakout . As India seems to be in an end stage of covid crisis, Auto Industry might give great results next quarter.
Bajaj Auto seems to have gone into a consolidation phase , A 15-20% of gain can be expected in coming 2-3 months .
Bata India has given a breakout with good volume levels , Target 1 = 7% , And If it breaks The All Time High 15-17% Can Be the Next Target . Closing Below 44MA can be the stop loss for this setup. Fundamentally the company seems good , But had Taken a hit due to lockdown this year and now is in a recovery phase.
COLPAL has broken a big resistance recently and might give a good move in near future , For confirmation it has retested and now taking a support at 44-Day MA . COLPAL being fundamentally good stock seems to be a good opportunity for 20-25% gains over next 3 months.
Nifty Auto is in consolidation,MRF seems giving Breakout
Indigo seems to have given Breakout ,Probable 10% gain over one month. Retest also has been done.
Triangle Pattern Breakout in Eicher Motors. Nifty Auto also forming Triangle Pattern , Bullish on Auto Sector for next 3 Months.
Canara Bank Seems to be forming triangle pattern 20% Gains over next month. RSI also indicating range breakout.
BOB in its way for forming beautiful Cup and Handle pattern. A PSU Bank with good fundamentals.
A clear Triangular pattern Breakout in Ashok Leyland , 10-15% gain in 1 month seems achievable.
Asian Tiles Triangle Pattern Breakout, Company has performed good last year and we can expect a recovery from now on .
ICICI Bank is Forming Beautiful and clean Cup and Handle Pattern - 15% Gain expected in a month.
3 Continuous Rising Monthly Pivot Levels 15% Gain in a Month Possible , Stock is in Bull Run