Stock price has broken out on the daily chart with higher volumes.
➢ Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA
➢ Oscillators like RSI and MFI is showing strength in the current uptrend
➢ Plus, DI is trading above -DI while ADX line is placed above 25 Indicating momentum in the current
➢ TK cross over...
It broke 3124(R1) and now about to break 3168(R2).
MACD cross at 3122, RSI indicates more upside.
TK cross over at 3088 on hourly chart.
Ichimoku cloud break out at 3101 and look set for getting close to nest resistance 3256 which is close to our TGT.
Short Term Cash Buy UJJIVAN @219.65-220.65 SL 213.4 TGT 233(Bullish breakout post consolidation)
Pivot break out on hourly chart at 214.
R2 breakout at 221 it's currently at same price.
TK cross over and cloud break out.
MACD cross over indicates more upside so go LONG.
Short Term Stock Option Buy GRANULES MAY CE 350.00 @15-15.9 SL 9.40 TGT 27
15 min data has cross over on ichimoku chart
TK cross over at 336, followed by MACD cross over and RSI also indicates upside possibilities.
TK cross over at 3772.
MACD cross over 3770.
Moving averages and oscillators 14/14 indicates BUY signals.
Break R1 3759 next resistance 3959/4446.
30 min chart and daily chart is positive and hourly chart also improving.
Pharma is hot pick again due to second COVID-19 waves. Most of the pharma are on the BUY side CIPLA, Dr Reddy, STAR, and others.
BUY JSPL @284 SL 270 TGT 310/325
It has pivot breakout on the daily chart at 276
TK cross over at 266 on 30 min chart.
MACD cross over indicates favorable buy.
GO long with 5-7 days TGT and book in the range 310-325.
CMP 820 (JAN EXPIRY) TGT 870/910 SL 772
#It is near all time high 829.
# short term moving average is above medium to long term average.
#Pharma sector is outperforming in last few months.
#DMI indicator turns bullish on the daily chart.
#RSI and MACD also indicates strength on daily and weekly chart.
Short Term Cash Buy CENTURYPLY @229.05-230.55 SL 225.5 TGT 241(Expect an upmove in shortterm)
It broke the resistance on daily and hourly chart and next resistance 242.
TK cross over at 223 and if stays above 229 we expect sharp move on the upside.
➢ Stock Price has broken out on the daily chart where it closed at highest level since 09 Nov
➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA
➢ Oscillators like RSI and MFI showing strength in the stock.
➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot
Fin Dec future...
Short Term Cash Buy DRREDDY @5070.00-5075 SL 4945 TGT 5300 (Bullish breakout post consolidation)
The stock price is 1% lower from intraday high so good entry level.
Break resistance 5011 and 5006 on daily and hourly chart so chart looks bullish. Next resistance level 5200/5395 we expect it to break 5200 and move towards 5395.
Close to VWAP 5054 once hold can...
Intraday Cash Buy CANFINHOME @470.40-472.4 SL 463.5 TGT 486
TK cross over 466 + Resistance break out 462 which will act as support and next resistance is 508 + moving average and oscillator indicates STRONG BUY
Short Term Cash Buy DALBHARAT @820.00-825 SL 798 TGT 872(Bullish breakout post consolidation)
Above VWAP 815 + Pivot 747 and next resistance 842 which it can cross easily as strength indicates + MACD cross over
Short Term Cash Buy GLENMARK @505.00-507 SL 487 TGT 545
TK cross over at 493 + Ichimoku cloud break out 497 + Above VWAP 500 + Resume uptrend post consolidation + Pivot 480 and next resistance 520/543/634
Intraday Cash Buy TATACHEM @302.20-303.7 SL 297 TGT 315
Crosses pivot 296 + Next resistance 320/341 + Above VWAP 304.5 + Moving average and oscillators total 16 signals indicates a buy + Ichomoku cloud break out + TK cross over => GO LONG
1. Symmetrical Triangle breakout on the daily charts
2. Volumes have gone up along with the price rise in the recent past
3. Stock price has surpassed the previous top resistance of 514.70
4. Long build up is seen in the October series, where OI has gone up more than 15% with price rise of 5.5%
5. ADX indicator crossed –DI line on the upside, indicating starting...
Short Term Cash Buy MARICO @362.40-364.4 SL 353.6 TGT 381(Short term trend remains positive)
#1. Pivot break out 359.60
#2. MACD cross over indicates bullish moment.
#3. Next resistance is 386 so book profit in the range of 280-385.
#4. Above VWAP @361 which further indicates bullish moment to continue.
#5. Ichimoku cloud break out so STAY LONG.