Finolex has broken out of a channel pattern with HUGE VOLUMES..if it pulls back in the next couple of days there is a good chance it will scale 504, 541 564 in the long term...It has not traded with such big volumes anytime which is a bullish sign..Keep watching this space and trade wisely at your own risk.
HDFC has broken out of the triangle/wedge pattern - previously it broke out and retested the upper trend line and took off again. CMP -1497.3 Target 1 - 1625 Target 2 - 1725 Please do your own homework, also check risk/reward before taking a trade..these targets may take a few days or weeks...keep watching
TCI has done a big move..37%..broke out of channel few days ago...whenever the stock has been going down especially in a channel and breaks out of the channel we should be attentive and watch...after consolidating for a couple of days it took off with BIG VOLUMES...that is when we enter..all levels marked
UPL is moving up with good volumes..BO at 708...right now at 737 CMP -737 Target 816.( short term)
NFL and Chambal fertilizers had a good run in last trading session...NFL has broken out of wedge pattern in monthly TF, and if it opens above 73.5 ( last session's high) it could scale 84 and the next target of 95..Keep watching..Importantly the VOLUMES have been pretty good in last couple of months as shown in chart. Breakout with good volumes becomes even more...
KSCL breakout today from channel pattern - monthly TF. I have marked the S& R levels..if it keeps up the momentum it could scale 999. Keep watching. This is an idea, not advice. CMP - 743.2 Next target 999
Eris BO from triangle pattern with good volumes....up 11%..target 723...keep watching