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.
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.