Deepak Nitrate has given fresh breakout of a symmetrical triangle pattern and is looking good for a upmove.
Buy at retest or current level for good returns.
Dharamilk Sugar has broken its trendline on weekly timeframe and looks good for upside till its previous swing high..
Buy @ 18
Stoploss 16
Targets - 24,26,30
BoB has entered its accumulation zone... Whenver the stock has come in this zone there has been heavy volume buying... Also when the stock was declining the volumes were very low.... One can take long position in this counter for the coming days
Inverted Head&Shoulder pattern in the making.. Safe traders can enter on breakout and risk traders can enter around 620 with stoploss at 600
Target - 680,720,760
CDSL has broken its long time resistence and is consolidating near it..... Getting ready to fly catch it before it flies
Buy @ 1440-1450
Stoploss - 1400\
Targets - 1500,1550,1600,1650
JP Power has successfully given a closing above 0.383 fibbonacci levels on daily timeframe. Good upmove can be expected.
Buy at CMP
Target 5
Stoploss 4.2
Risk reward 1:3
Apollo Tyres at near support on weekly timeframe. Good to Buy above 217 on daily timeframe closing basis.
Target - 237 Stoploss - 212
Risk : Reward - 1:4
The stock has taken support at 0.382 level on weekly chart. One can take a long position between 2230 - 2250.
Target - 2500 Stoploss - 2200
Risk : Reward - 1:5
