Bata India Ltd recently gave a nice bullish breakout at the Fibonacci level of 0.382. If it can remain above it for the next 3 trading sessions, we should expect a jump soon in it. I believe that the targets should be: T1- 1585 T2- 1700 Time Horizon - 3-6 months.
Hey Guys! I have found yet another multi-bagger for you all investors. It is TTK Healthcare Ltd. - a 96-year-old company. This stock is trading at a PE below its 5-yr average PE. It is a debt-free company and makes consistent profits as well. This stock has shown consistent support at Fibo level 1. It has also made a beautiful rounded bottom chart pattern on a...
Hi there, Sakuma Exports Ltd is taking good support on 0.786 Fibo levels and has also recently created a good demand zone. A debt-free stock. It is also trading below its 5-year average PE. A good level to enter into this stock with a time horizon of 6-8 months for a target of INR 42 as T1 and INR 49 as T2. All the best!
Hindustan Composites Ltd has been showing consistent up move and it has recently given a handsome breakout at Fibo level 0.50. Moreover, it is showing a consistent increase in its order book with the major buyer being Indian Railways. It is also trading below its 5-year average PE ratio. All these factors help us conclude that the stock is a good buy at the...
Hello Guys, Dr Morepen Labs is a nice small-cap stock and it has been showing consistent up-moves on higher time frames. The stock is trading below its 5-year average PE. Moreover, this is a debt-free company. Based on this quick techno fundamental analysis, I believe it can reach INR 60/- and INR 75/- in 6 months.
JP Power has completed a long-term inverted Head and Shoulder pattern recently. Considering this positive move, we should expect a move up to double the current levels from 10.50. Keep tracking the move and invest sensibly.
Hindustan Unilever has completed the long-term Cup & Handle formation. It is expected to rise min. INR 350 from here.
Eicher Motors has recently completed Cup & Handle pattern and is all set to reach all the way to INR 4500 in a 9-12 months time horizon from current levels.
Seshasayee Paper is : -trading with good volumes on the bourses. -presently trading at its 50 days Moving Average -positive divergence on the oscillators -in the accumulation phase at present -standing right at the support level on higher time frames. -reached a lifetime high of INR 421.75 on 12/Sep/2023 and a lifetime low of INR 2.41 on 17/Jul/2001. -has a net...
PFL has formed a long-term Flag pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1000 from current levels. Let us keep track of it. #patanjalifoodsltd #patanjalifoods #patanjali #patanjalitechnicalstudy #patanjaliflagpattern #patanjalipricelevel #patanjalipricetarget
Dr Reddy's Lab has formed a long-term Cup & Handle pattern and has reached a resistance level. A breach of this resistance shall entail a rise in price level by another INR 1500 from current levels. Let us keep track of it. #drreddylab #drreddy #drreddy'stechnicalstudy #drreddy'scup&handlepattern #drreddy'spricelevel #drreddy'slabpricetarget
Bank of Baroda has completed long-term cup and handle formation but has hit resistance and finds it difficult to cross current levels. Once it can close above the current level, we can expect a min INR 150 upside from here.
Hello Readers and Fellow traders, If you are stuck in any stock listed anywhere in the world exchanges, you may send me your query. I will analyse the same with my inputs on the levels. Best Manish J
BPCL has been trading with good volumes on the bourses in recent months. The 52W H/L being INR 484.60 / 314.10 It is consistently trading above its long-term Moving Average for the past 3 months There is a positive divergence on the oscillators It is standing right at the resistance level on higher time frames Resultantly, I believe that the target price should be...
Punjab National Bank completes a long-term Cup & Handle pattern. Making it bullish on the technical charts. We expect a target of up to INR 170 from current levels. Time Horizon 9-12 months.
This stock trades with good volumes on the bourses in the higher time frames. Similarly, it is in the oversold zones of oscillators in higher time frames. The 52W H/L being INR 3,568 / 2,694 It is consistently making Higher Highs and Higher Lows It is standing right at the support level of INR 2925 and we expect it to bounce back from this support to make a new...
This stock trades with steady volumes on the bourses in all time frames. Similarly, it is in the oversold zones of oscillators in average time frames. The 52W H/L being INR 1,151.85 / 814.25 It is consistently making Higher Highs and Higher Lows. It is standing around its support level in a rising channel. LTP on NSE on 06/Feb/2024 was INR 1,053/- (with a high of...
This stock is trading with steady volumes on the bourses in all time frames. Similarly, it shows positive divergence on oscillators. The 52W H/L is INR 909.80 / 508.55. It is consistently making Higher Highs and Higher Lows. It honoured its support level. LTP on NSE on 08/Feb/2024 was INR 813.30 (with a high of INR 857.80) Resultantly after all this discussion, I...