Indusind Bank is going to fire from these levels, Took support exactly from 5 months old trend line, break out of the downward move, and strong closing above 50 Day EMA. Expected to go 1100+ and 1200+ in the near term.
HINDALCO has given a breakout of 10-Year-old Channel, Trading with high volumes from the past 3-4 months.
RSI is also expected to break out from the crucial level. Hold for a minimum of 450-500 levels.
POLE FLAG BREAKOUT
INDIABULLS resting on a good support level and stock is showing weakness as heavy sell-off is seen past few days.
If weakness continues stock might correct up to 160-165 levels but if bounces from the support and goes above 200 then 230+ levels can be seen.
Buy Above 200
Sell below 180.
Please trade based on your analysis.
Tata Power is expected to break 10 Year Downward Channel, Trading with high volumes from the past 3-4 months.
RSI is also expected to breakout from the crucial level.
If Price crosses the trend line around 85-86 levels, Hold for a minimum of 140-150 levels.
Tata Power fundamentally looks very strong and is underrated as compared to stock price. Expected to fire...
Reliance is expected to give a good upside move from here.
Accumulation and Narrow price range depicts a good move in the stock. As per the momentum, it is looking to explode to the mentioned levels.
If gives break out of this channel then 2080+ and 2180+ target will be open in the long term.
This Is purely on an educational basis, No Buy/Sell call given....
PNB is looking very Bullish, Closing above 200 EMA, Retraced 50% from the bottom as per Fibonacci Levels with Huge volumes.
Good Positional Trade.
Target 1 - 38.35
Target 2 - 41.35.
If sustains above these levels hold for 45 and 50 levels.
UPL is looking very bullish.
Good breakout of long term Trend Line and resistance area.
Breakout with good Volumes and Stock also showing momentum as per RSI Levels.
Target 1: 600+,
Target 2: 660+.
Maintain Stop loss of 470 (200 EMA).
Federal bank is set to fire in the upcoming days. Expecting huge targets.
Breakout of long term trend line with great volumes.
Golden Crossover of 50-200 EMA.
1st Target - 78++.
2nd Target - 90++.
Maintain stop loss of 68-69.