chARTronicsIndia

chARTronicsIndia

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...

chARTronicsIndia

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

chARTronicsIndia

#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

chARTronicsIndia

This might be a parallel play for those who missed Nvidia. Be on the lookout for this and see the levels and comments marked on the chart.

chARTronicsIndia

#Apple is facing a lawsuit in the US over monopolistic practices and an overall slowdown in the China as Huawei takes over sales numbers. Technically, it might be available at trendline bottom, must exit at the breakdown of the trendline. If it respects the trendline, should move swiftly towards ATH.

chARTronicsIndia

Sona BLW is outperforming the market and is about to give a breakout. The stock has consistently growing sales and public holding is continuously decreasing. A right time to enter the stock for a long run up is now. CMP - 691 SL : 600 Target : open

chARTronicsIndia

#Tesla might be making its foray in India as well with the recent EV policy in India. Technically, it might be available at a channel bottom as shown in the chart, exit if it breaks down. Can enter with a small stop loss below the trend line. If it breaks the descending triangle, might see a huge upside.

chARTronicsIndia

Packaging sector company showing traction on weekly chart with recent hydrogen cylinder entry as the pioneers in India: Entry - 218-220 Weak below - 192 Expected levels - 400 Disc. No buy/sell recommendation.

chARTronicsIndia

QSR sector company showing traction on weekly chart with recent institutional buying: Entry - 1580-1585 Weak below - 1435 Expected levels - 2150 Disc. No buy/sell recommendation.

chARTronicsIndia

ICICI Pru Life - Insurance sector company showing traction on weekly chart: Entry - 580-585 Stop loss - 480 Target - 680, 780

chARTronicsIndia

Finpipe had recently cleared its Oct 2021 range and with close on 22 Mar 2024, has registered a strong weekly candle breaking out of a symmetrical triangle at breakout levels. The stock can potentially give 25-40% returns in the coming few months. The stock has a PE of 32.33 which is below the segment PE of 46 chart looks poised for a sustained breakout

chARTronicsIndia

9/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 2,810 Axis bank assumed legacy UTI business and has been running strong since long. Although the chart looks weak on daily timeframe, it is still trading around support levels, marked on the chart itself. Wait for a better opportunity to buy.

chARTronicsIndia

8/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 2,530 Bharti Airtel has been once of the pioneers of Telecommunications in India and has been leading from the front. Recently big block deals have happened in the company and inclusion by Jefferies should help the company keep moving on the charts!

chARTronicsIndia

7/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 1,100 India is experiencing a power sector boom with major demand coming in upcoming years and JSW Energy with it's strong JSW parentage could be one of the leading companies to power India! Company is in a consistent uptrend! SL - 450.

chARTronicsIndia

6/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 7,564 The chart on daily shows breakout of a small Cup and Handle pattern, which should help the company towards it's consistent upward journey. A must buy in the portfolio which in itself is a natural portfolio hedge!

chARTronicsIndia

5/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 3,000 Real estate is seeing one of the biggest upcycles and Lodha could be a leader in this segment.

chARTronicsIndia

4/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 1,925 The chart is strong and in an uptrend till it breaks 690 on a daily closing basis. It can be a buy with a SL of 690.

chARTronicsIndia

3/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 1860