The stock is fundamentally strong and has consolidated. It has formed a inverted head and shoulders pattern on the weekly time frame. The neck line is at long term resistance. wait for it to be broken before you go long.
Infosys has formed an inverse H&S pattern on the MTF .The stock is close to breaking the neck line. Watch it carefully. This a multi year breakout possibility.
LTI Mindtree has been showing steady upward movement and has now reached long term breakout range. watch out for a solid breakout
Concord Biotech is broken out after consolidation and forming a cup and handle pattern.The RSI is over 65 and MACD has crossed signal line. Volumes are rising. Keep on your watch list
Ireda is pushing at the breakout level after long consolidation. A close above 241 will be valid breakout. RSI is rising and volumes are picking. The budget may offer more sops to the renewal sector. Valuations of private renewable energy companies is at a high .IREDA may join the party.
Praj industries is a fundamentally solid company . The stock after rising has been consolidating for some time. Volumes are drying up as supply is low at this price . The stock has been trying to breach the resistance and needs a push . Buy above resistance level fro 15-20% upside
The stock has corrected significantly. It is now at weekly long term support . hammer formation seen on daily TF . In addition there is RSI bullish divergence. short term up move is highly likely
Camlin has been consolidating in a horizontal channel for almost 10 months. the stock is fundamentally strong . It has been gradually moving up indicating accumulation . RSI is strong . MACD is positive. If the stock is able to cross 127 with volumes , it should be good for 12-20% short term gain
Cupid limited has formed a cup and handle pattern . RSI is strong and the stock has done a decent quarter. Q3 is usually the best . Promoter has been buying shares. look out for a break out above 87. Can easily give 15% returns in the short term. Company has incorporated a subsidiary in UAE . There is a new plant in the works which will be operational from next...
Clean science is a fundamentally strong company. It corrected over 17 % in November and now at long term support .RSI on oversold status and showing divergence. Track it.
HDFC Bank has been consolidating for a long time and is getting ready for an upmove which may continue for some time. Above 1850 it becomes a long term buy . A portfolio investment.
HEG has been forming a cup and handle pattern on WTF and MTF. Volumes increasing. Results have been and stock has held steady during major market corrections. Keep on watch list.
The stock has formed a symmetrical triangle and is pushing the resistance line. Crossed 21 EMA . MACD crossed signal line . Needs a push
The stock has been ascending after a gradual rounding up journey. RSI is above 50 . Good volumes. Watch it
Network 18 stock has broken out with volumes and strengthening RSI movement. 50% investment can be made now and rest when it crosses 95.
KVB is looking like a strong breakout candidate with price consolidating around resistance. Volumes increasing. RSI and MACD both positive.
Man Infra price close above 21EMA, RSI above 50. About to break trendline resistance. Become a buy above 203. Good fundamentals as well.