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Very good consolidation breakout and Trendline supports
Shortterm trading tgts 1950-2000
Add on dips till 1600
Strict closing SL 1500
Note - Before taking any entry please concern with your own financial advisor
Some few points before we going towards the Technical analysis
Covid cases declines Day by day
In june we can see Unlocking series of cities and states if Cases remains low
Vaccination is also started again ,very soon we will have enough Vaccine (Till Dec 2021 - 216cr 2X of our poppulation roughly) So do not panic for that,
Now comes towards Technical...
Dominant leader in Textile market,
Now in chart we can see good consolidation breakout with volume can leads Price towards 34000 36000 soon
SL 28000 Strict(no need for sl also but Market is supreme and we dont want to take any chance)
Note- Please concern with your financial advisor befor taking any entry exit
Container Corporation of India Limited is a wholly owned subsidiary of Indian Railways.
Technically right now we are trading In all time high teritory.
Already we seen Pole n Flag pattern Breakout on charts at level of 610-620
If this weekly closing confirms All Time High breakout 680 levels and sustains above then we can expect more 15-20% with RR 1:2
In last few days we are first time below 2 lac covid cases,That gives me hints that States,Cities will reopen very soon,
Big positive for Hotel Industries.
Multiyear trendline breakout on charts ,Right now RSI showing overboght situation but we will wait for good closing on Monthly chart or at Retesting zone between 95-100
Positional Tgts 120 150 180++
A very good trendline breakout on Monthly/Weekly chart and retested it
Againg on daily and weekly chart giving Breakout
Sl should be 200EMA that is around 80 on closing basis
Note- Sharing this data with you only for learning purpose Strictly take advice from your financial advisor before taking any entry or exit
Auto Financial and Banking stocks rally given hint to us About New highs on index
Just prepair for that and accumulate good stocks for better returns
Jamna looks good for 10-15% returns from here
or roughly tgts is 90-92
go with strict SL 70
Note - Take advise of your financial advisor before taking any kind of entry exit
Technically Strong candidate
we have seen good Trendline breakout and taking reversals on chart
Looking good for positional from cmp 227
Add on dip till 210
Closing basis SL will be 190
Tgt 240 270 300 340++
Time frame nearly 1-1.5year
Always use 30:30:30 buying formula
Note- Before any buying and selling please consult with your Finanacial advisor.
A very promising Multiyear Trendline/Triangular pattern weekly/Monthly breakout on chart.
Demand in cement due to infrastructure boost we can see more rally in cement stocks from here also.
Strict SL 160 on closing basis
Tgts 250 300 350++
time frame 1-2 years
*Note- please consult your financial advisor befor taking any entry or exit.
Going in channel since long time
Now things looks good in local
like Covid cases going down day by day
Vaccination start soon in smooth way for 18+ also
what we can expect if chart gives Breakout of Channel as well a Cup n Handle pattern @14900
Tgt 15100 and 15300 in short term perspective