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Tech Mahindra is forming a Cup and handle on the weekly, an aggressive breakout from the flag can give a 30% move to the all time high A potential multibagger. If holding, this could be a good point to add. If not, this place could be a good first entry

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Godrej Agrovet is likely forming a rounding bottom pattern on the chart. It could be an early entry opportunity. Once the volume comes in the, rounding bottom could complete or later form a cup and handle pattern DIIs are net buyers and public holding is only 11% The stock can be a potential multi bagger in future

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AB Capital has been in an uptrend since it bottomed out in Mar-Apr 2020. It is approaching its IPO level with a base on base breakout with high volume. Fib extension brings us a target of 388 with a 12% SL The stock had a perfect retest and rebound from 61.8 fib and looks poised to move higher. it may retrace a bit to get into the 200-190 range which would be...

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Suven lifesciences has been making a rounding bottom with a high tight flag at breakout The breakout volume was good and the past week volume indicates a Pocket pivot. RSI is in the bullish zone and our CPL indicator shows outperformance on the chart. OBV is also elevated indicating buying interest. Target as per fib extension is 153 whereas the target for...

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Dow Jones Industrial Average - US's Sensex seems to have broken down off of the Double top formation.

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Promoters have been buying recently around 220 levels from where it has made a double bottom on the daily chart. Seems like double bottom and the downward sloping trendline are breaking out, should move fast. CMP - 266 Weak below - 220 Possible levels - 300, 350

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Basilic came out of consolidation on 3 Jan 24 and ran almost 40%, which we were able to completely eat out and exit almost at top. Since then the stock has been consolidating in a downward channel and waiting to breakout the channel. Ashish Kacholia picked up stake in Dec 2023, so as at 28 March 2024, he is also sitting at almost no P/L, if at all he is holding...

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Pi industries just turned gold on our CPL indicator. The stock has been in consolidation for over 2 years and seems to be starting its journey upwards with a 1:4 Risk reward ratio

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Gold or XAU/USD is registering a massive and sustained breakout. The most notable thing is the volume accumulation, which also confirms from the news that the US, Indian governments have been massive buyers of gold in the last 2 years! Gold definitely warrants a minimum of 10% allocation to your portfolio.

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Bajaj finance looking strong for the next move up. If it comes out of the marked consolidation, it will move like crazy! Watch out!

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Such a sustainable looking breakout with massive volumes. Must put in watchlist and wait for the the bad day to add!

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This is one of the strongest Nifty 50 stocks which usually tends to out perform both NIFTY and small cap index. It is a play on the utilities sector with a high dividend yield! This is a must do SIP stock there is! Can start accumulating and buy on dips!

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Might be making a double top on Daily charts. levels marked on chart. Exit for once if it breaks down. The stock has run up a lot and deserved to take some well deserved rest!

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Titan a common favourite stock is making a comeback to make yet new highs. The stock has been underperforming the market and has been in a 3 month consolidation and now forming a cup and handle pattern inside a bullish flag pattern. The accumulation volume looks good and is providing support to the stock at the lower levels and the stock if supported by overall...

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With the large number of SIPs and increasing DMAT accounts in India, CAMS, KFINTECH, BSE etc such companies become the natural pick for stock selection. NSE:CAMS has been in consolidation since sep 2021 and has given a base breakout with perfect retest in dec 2023. It is currently exhibiting a volatility contraction pattern stock looks poised to make new all...

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This week, with its fresh breakout gold has started outperforming cnx500. This is generally a period of subdued returns in the stock market as big money could have shifted to gold as a hedge against inflation or upcoming correction in the markets. We need gold to consolidate at current levels and fall down for a retest of its breakout levels. which should happen...

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#Netflix looks good on chart to hit ATH and then some. Weak below 565.

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#Google @sundarPichai #mustbuy Google looks great on chart. This can be long at current market price (CMP), with a SL below 135 with an initial target of 215 and more! #mustbuy