This stock is correcting for a while. Today it seems a lot of short recovery and heavy quantity has been traded with high delivery percentage.
It is clearly in Trend, taking reversal from uptrend support line.
IGL has made a bottom reversal day pattern today after near term downtrend. Took entry with small quantity.
Broke ATH looks good on weekly chart and monthly chart, on daily chart we can wait for a pull back and then enter.
looking at monthly charts, Double Bottom Formation, Heading towards ATH. Daily charts are obvious too, If whole market doesnt comes under selling pressure and it does not violates 31250, it is heading towards 36399.
On Monthly Chart it is approaching ATH again. On weekly chart strong Breakout. On daily Chart Breakout Confirmation from 8 months Volatility contraction
Avanti Feeds Has broke out from strong weekly resistance, on daily chart it also seems very strong. Bought at 642 with SL of 620 and target of 800+
Already bought at 1720
Took entry at 1840 there is a strong resistance ahead might clear at 1920 on friday.
Phillips Carbon Black is in good trend and on support in Parallel Channel.
DIXON Tech is getting ready for some big moves
CRISIL Broke ATH. Keep it on radar for a positional trade
Midhani breaking out of very long triangle. looks really good on weekly chart. On daily chart it might retest the levels of 200
Amaron is in Correction, A very good candidate for reversal around Rs. 700.
Trading Below 200ema. I will keep it on Radar
H and S pattern. Fine reversal.
Formation of Symmetrical Triangle