This stock is trading with steady volumes on the bourses in all time frames for last 18 months. It shows positive divergence on oscillators. The 52W H/L is INR 586.35 / 412.20. It has now entered the demand zone in all major time frames. It is trying to build the support at current levels in the past 4 trading sessions. LTP on NSE on 09/Feb/2024 was INR 482/-...
THE TARGET LTP on NSE on 16/Feb/2024 was INR 1362/- (with a high of INR 1378/- and a low of INR 1345/-) Although it is a good buy at current levels. Resultantly after all this discussion, I believe that the target price should be: first INR 1650 and second INR 1880. Stop Loss should be INR 1180 Risk to Reward will be 1:3 The time horizon should be 12-15 months
THE TARGET LTP on NSE on 14/Feb/2024 was INR 1484.50 (with a high of INR 1494.50 and a low of INR 1434.95) Although it is a good buy at current levels, still conservatively I will accumulate even at dip to Rs.1440/- Resultantly after all this discussion, I believe that the target price should be: first INR 2050 and second INR 2350. Stop Loss should be INR...
LTP on NSE on 23/Feb/2024 was INR 2,190/- (with a high of INR 2,236.70 and a low of INR 2,182.60) Although it is a good buy at current levels, conservatively I would still accumulate it around INR 2,060/- - 2,080/- zone. Resultantly after all this discussion, I believe that the target price should be: first INR 2,370/- and second INR 2,900/-. Stop Loss should be...
Tata Motors completes the Inverted H&S pattern today and is looking bullish for the medium to long term with a horizon of INR 1000/- (almost double the price today).
Glenmark Pharma has completed a long-term inverted Head & shoulders pattern. It is now looking bullish with an upside move of INR 500 from current levels. Almost 2x. At present it is at the 0.5 resistance level of the Fibonacci chart
Hindustan Zinc has completed the long-term Head & Shoulders Pattern recently and is looking bullish with an upside of INR 150 from current levels in the near term of 12-18 months horizon.
We predicted this V-shaped stock market recovery one month ago in one of our videos. Happy that it has overcome the fall of election results day. But a retracement is due now, hence trade cautiously. A perfect time to invest for long-term investors in fundamentally strong and sector-specific leagues
With the completion of the long-term Flag and Pole pattern, I expect a breakout in Tata Consumer Products for an upside of min INR 200 from current levels.
Escorts Kubota is travelling into the long-term rising channel and nearing its resistance of INR 3260. Post the level of INR 3260, it is expected to reach all the way to INR 3250 in the next 6-9 months time frame.
REC is looking bearish now. It has reached the top of the parallel channel. It is expected to start declining from here all the way to the bottom end of the track, it has been travelling into for over the years.