After a long downward trend, stock took support near weekly demand zone.
On charts showing Bullish divergence w.r.t RSI and Morning Star formation on LL levels, which is a sign of reversal.
Can be bought here for short term targets of 370, 380 and 400+ in near term.
Stock is making Head and Shoulder pattern and broke the neckline today.
Can be shorted at CMP for short term targets of 290, 281, 266
Safe traders can wait till EOD and take position if it breaks 297 levels.
Is in bullish uptrend move. First gave proper Cup n Handle Breakout, and then retracement started around 270 levels. During retracement Flag Pole pattern is formed with good volumes and delivery%. Stock if closes above 275. Should go to 300+ levels
SL - 265
Took support near 1160 area which is a strong Support zone. Same is confirmed using Fib Fan 0.75 levels.
Sees Demand Zone around 1180 areas.
Came below 300 DEMA which is stock's personality.
Fundamentally a strong company with almost no debts.
Can be considered for Long Term portfolios.
Is at 100 MAR levels on weekly charts, and has breached (hovering around) 365 MAR levels in Daily charts.
Results this quarter are bad than expected due to GST effect. Though company is fundamentally sound and is almost debt free.