Multiple attempts to break the barrier of 310. This time around consolidation around that barrier with volumes. A break out above 310 with volumes looks to go distance even above previous high of 328.! Let us see!
IRCTC - Getting into a long consolidation. All depends on when they open up Rail services. Can be accumulated till 1210..! Wait for announcement, it will blast. Above 1450 it will can re test its earliers levels too..!
After multiple attempts, PFC breaking above the 86 levels... Will it sustain... A closing above 86 should help to take it to 91.5... ! Above 91.5, 95 is the next target. by which time it should be close to 200 SMA. Then break out above that will be a good bullish one.
Titan looking to break that TL for the 3rd time... ! Will it? Volumes not favoring that it will, but never know. RSI looking good to go beyond 60...! If it blast past 1025, it can go to 1100+too...!
NIACL after weeks within the zone below 200 EMA is finally peeking out of the 200 EMA . If this weeks closure above 135, it looks good for investment. Keep in the watchlist.
Sun Pharma again making an attempt to break out the 6 year long reistance area of 500-510. Let us see this time if it can cross and sustain...! Since this is like a zone, a more comfort will be above 515 for long term investment.
Nestle Possibly looking to break out. Resitance near 18200 and if that taken out, 19500 is a possibility. It takes a strong support at a 50 ema zone, so wait for that zone to break for SL
Sun Pharma - Is it Breaking out? Breakout, Retest...! A meaningful B/o. is only above 503 - Retest Candle. Today;s indecissive candle does not give confidence, but let us se..
IDFC is within the Triangle and may remain till it is above 18. (literally so). Above 23 it may see 30. But the wait is long unless some news as the volume suggests some huge accumulation.
Sun Pharma - Forming a Double Handle Waala Cup...! PS: that was just for fun. Just in case it ever get a recognised pattern trademark, remember me to have invented. Ha... Ha... Ha...!
ITC - Though has broken a TL, but not yet out of woods. It is back inside the 6 year long Break Out Box. Any close and sustained B/o above 210+ safe side holds an upside, otherwise back to 180 levels and below that box... 150 would not be surprised to see again. Wait to go long! Better be sure than sorry!
State Bank now crawling back above 50 EMA...! Once breaches 100 EMA around 210, it will be back to 250 soon! But the crawling between 195-210 will be there.! Below 180, it can again test 150.
PFC Back to its accumulation Zone below 86.!. Good to accumulate till 75! Looks likely that it will stay in this zone now for longer period of time.! But be patient a good dividened yield stock.!
SPARC made multiple attempts to get past 170s to 206 zone in the past 1 year...! This time the volume is quite huge..! will it get past 170 decissively ... ! though the journey past 170 looks to get resistance around 206!. LEt us see...!
Atul - After a long consolidation, now ready to take off to 5040 and above. Accumulation can be done till 4650. Break out of a TL.
INFY - First 15 Min candle closed around 695.70... why the numeric numbers OHLC highlighted in yellow....! shows Close as 700 something...? Why this.
Another Big Day in Bajaj Finserv. Patience Paid. ORB break out did happen, but it did not move fast there after, however, since the price was above VWAP, we waited for a blasting trade.
Naukri.com - Today broke down back to the earlier triangle. Levels marked where it can dip to. For risky guys may be those are levels of support to accumulate. Let us see.