CARTRADe is showing strength and has given Inverted head & Shoulder breakout with decent market participation. support is near 1620. It has a potential to go up! Keep it on radar. Closing below 1620 may change my view.
UTIAMC giving trend-line breakout with increased volume. It is trending just 5=7% away from ATH. 1250 seems strong support and on upper side it may trade above 12-15%. Keep it on radar
THELEELA is giving resistance + cup and handle breakout above 414 level. Market participation has also increased in recent sessions. So if it sustains and closes above 414 then it looks very attractive and may start new momentum rally. 398 seems very good support. On upper side we may see momentum of 10-12%. Make sure that it sustain and closes above 414!
MOTILSLOFS has given resistance breakout with decent volume. Strong support can be seen near 845 levels. It may continue momentum rally till 1008. And if it sustain above that then it may do wonders! Keep it on radar.
AEGISVOPAK is coming out from small consolidation and giving decent volume today. 250 is very strong support. It may face next resistance nr 290 level.
KAJARIACER showing very good strength while giving breakout with decent market participation. 1050 is very good support. And upper side we may see continued momentum till 1215.
ASAHIINDIA has given symmetrical triangle breakout with unusual volume. Already took a momentum. Now as long as it is above upper channel line, i believe the momentum will continue till 980-1000 levels. Keep it on radar.
HARSHA giving triangle breakout with decent volume. It is coming out of long 5 months consolidation. 400 seems good support. HARSHA may give momentum rally in nr future with resistance near 510.
RITES showing good strength in recent session. And currently trading near strong hurdle. It has a strong resistance near 310-15 levels and rejected many times earlier. So if now closing above 315 may start new momentum rally in the counter which may continue for next 20-22% upwards. On lower side 270 seems very good support But closing above 315 is very crucial. I...
RAILTEL showing very good strength and currently trading above resistance line. It has also been observed cup and handle pattern breakout with decent increased volume in recent days. If I consider recent depth then we may see approx 30-33% rally in coming days provided that it holds and closing above 380 levels all the time. Strong up move is on the table!
HCC is on the verge to give triangle breakout provided that it sustains and closes above 31.5. I observed increased market participation. It may face bit of resistance near 36 level and above that it has a potential to go up to 45 levels. But closes below 28.5 may change my view for the stock. Again I'm saying that sustaining above 31.5 is very crucial. Keep a...
HFCL showing trendline breakout with higher high pattern. Market participation has also increased since few sessions. Probability of new momentum rally is quite higher. It has also booked highest weekly volume since last 7-8 months.
SHYAMMETL giving cup & handle breakout with decent increased volume. It is showing strength after recent fall. Now it it sustains above 958 then it may take a fresh ride from hereon. It may take a ride up to 25-27%. Closing below 890 may change my view for it.
BAJEL seems a perfect candidate for very short term momentum play. Showing Inverted H&S pattern breakout with decent volume. We may see 18-20% rally from this breakout level. Pattern may confirm pause in recent fall and now showing strong reversal from here. 178 is very strong support. Risk reward is in favor!
KPIGREEN has posted solid numbers. Technically on trendline breakout. now if it crosses and closes above 448 then it may take a new ride from here. 30-35% from here is very much possible provided that 400 it hold 400 support! Volume also increased in last few sessions. But Close above 448 is very important.
NIVABUPA showing resistance breakout with decent volume and can go up to the recent arc curve depth ie approx 18%. It is very strong on weekly chart as well. Closing below 85 may change the view. keep it in your watchlist
KIMS has given inverted H&S breakout with decent volume. The depth is around 28-30% from neckline to bottom of the head. So if we add it to breakout line then we may see the same move on upper side. If we look at weekly timeline then also it has given resistance breakout. Seems very promising.
APOLLOTYRE showing head & shoulder breakout but WITHOUT VOLUME. It may continue towards 515 if gets increased market participation. I would wait for the volume trigger. But definitely keep it on radar.