NSE:APLAPOLLO The stock has taken support on the support trendline and looks to have started a bullish trend. One can enter for a swing opportunity at CMP. Target 1 in the previous swing high of 982. Target 2 is the resistance trendline. Target 3 is 1193 which is Fib retracement line. keep a trailing SL below the support trendline. Happy Trading.
NSE:SONACOMS note: this is not an idea for short term trading, but for long term investors. The scrip seems to respect the yellow trendline since its IPO. so one can use the yellow line to accumulate the shares whenever the scrip takes support on the line for longterm.
NSE:NMDC A triangular pattern is observed in NMDC. We can expect a breakout or breakdown opportunity in the coming trading sessions. Happy Trading.
NSE:PIIND had been consolidating between 3350 and 3457 7-8 trading sessions. today it has given a breakout out of 3457 creating a 52w high. the blue bullish trend line is acting a resistance now. we can expect a further up-move if the trend line is broken, so one can enter above 3540 for a target of your liking. SL can be kept below 3350. Happy Trading!
NSE:HAPPSTMNDS HappiestMinds had been consolidating for a long time now. Today it gave a breakout from my white bearish trend-line and from 1475 level, which acted as a long term resistance. took support at pink bullish trend-line. If it breaks that we have an immediate resistance (R1) at 1530, following which we can expect further up move to an all time high. So...