LT had given an upmove of massive 30% in just 6 months from its previous breakout level of 1600 shared earlier. It has already retested that breakout zone. Currently, stock is trading at its 200 DEMA and a strong demand zone of 1720-1740. This stock is looking great for long term as well as short term investing at this current price.
After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year. It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50. RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can...
Oberoi realty is looking strong if it closes above 1000 today. It has already given trendline breakout and retested its breakout level. If it breaks it 52 week high of around 1050, it can go upto 1100 in short period of time. It is also a good intraday trade above 1017.
Lichsgfin has given trendline breakout. Looks like a good swing pick if it closes above 406 tomorrow for targets of 450-455.
The stock of Sunteck realty has recently given strong breakout from its ATH levels of around 535. It has given a retest of the breakout level and currently consolidating from past few days. We can see a fresh upmove above 590-595 levels.Also, stock can be accumalated at current price and added on dips upto 535 as Realty sector is expected to perform good in the...
Varun Beverages (VBL), a stock of FMCG sector has given a weekly closing above 800 for the first time after its split on 10th June 2021. The day high of '810' on Friday coincides with 38.2% golden ratio on Fib levels. Above 811, it can easily give 1-2% targets in intraday. A 15 minute candle closing above 810, ater 9.45 am can be a good buy for a swing trade too....
Tata Chemicals has given a bullish breakout of a flag pole pattern with heavy volumes. The stock might test its all time high level of 833 so one can easily expect around 5-8 % returns in short term. Just for educational purpose.
Trent Ltd. stock has given trendline breakout with good volumes which can also be seen as a flag pole pattern. Also, The stock has given a very good weekly closing. The stock can be a good buy for intraday above 910. Also, one can expect nearly 10% targets in a swing trade if the ATH levels are crossed. This is just for educational purpose.
The stock of IGL had a strong supply zone at around 570-575 levels which it broke with heavy volumes and gave closing above the same yesterday. Also, a weekly closing above 570 looks like a good indication that stock might soon reach 600, 650+ levels. Support is around 545-550 levels which is a good demand zone. This is just for educational purposes.