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Currently standing strong after a rebound from 50% retracement level.
With strong fundamentals and a good future prospect, CDSL, despite a high valuation is still holding the multi-bagger tag.
Currently forming a symmetrical triangle. A breakout and it will rally for another 20-25 %.
Look at CAMS with a similar tag.
You may also check out the recent video on my...
SBI has been taking support at 50% retracement level and is waiting for a breakout.
A buy can be initiated on the breakout for the mentioned targets and stop-loss.
The only condition would be to see how bank nifty performs tomorrow. Although it is expected to give a good rise given its retracement is complete.
DISCLAIMER: The ideas are merely for information...
Keep a close watch on it. Strong financials and a good consolidation might give it the needed boost.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
The script has been moving in an inconsistent Channel pattern. Currently it is at its lower channel line.
There is a strong support zone at the current location. 100 days EMA and 50% fibo support further strengthens the support.
Can be brought with once a sign of reversal is formed with decent volumes.
DISCLAIMER: The ideas are merely for educational purposes....
The Chart is pretty self-explanatory if you know the basics.
The script has formed a beautiful bearish head and shoulder pattern and is also forming a double bottom pattern from strong support (+ 38 Fibo Level) testing a make or break trendline (Yellow)
Either side break can give a super move given the market volatility.
DISCLAIMER: The ideas are merely for...
The chart is self-explanatory.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
The chart is self-explanatory !
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.