Panchalk

Panchalk Updated 

Shilpa Med has BO'd from a triangle pattern and has started moving up...4% today..targets marked.

Panchalk Updated 

Rallis is moving up in the channel and as mentioned 15.8% move is plotted...but if it has momentum and volume support it can reach 460+..that would be a 42% move...let us wait and see how it pans out...this is an idea, not a recommendation.

Panchalk

VTL has BO'd with decent volumes...targets marked..Trade after doing your own research...This is an idea

Panchalk Updated 

This is plotted on weekly TF. The company is a leading solar engineering, procurement, construction solution provider..It had BO'd and then retested channel line and has moved up again today 6% up. Targets marked. Please trade with SL. Stop loss could be below the last swing low..or - 1 Average true range (ATR) -

Panchalk

Ashoka is moving up in the channel and a 24.8% move is possible...today it has already moved up 8%...importantly it is trading above the 200EMA, so i am optimistic...keep watching. This is not a recommendation to buy, just an idea

Panchalk Updated 

Aarti has moved up in the channel quickly and is at the upper part of channel, 8.4% move today...if it breaks out of the channel it could achieve targets mentioned...if it falls back into the channel then we can wait and see what happens over next few days/weeks..let's be optimistic

Panchalk Updated 

This stock has fallen from the highs of 800 to 201 now.. it has started moving up again, but let's see how much it moves....based purely on technical analysis expect some upside... CMP - 201. 238 is the first target....it is a very small cap so be cautious....this is not a recommendation to buy or sell.

Panchalk

Gland had been sliding and then formed a wedge like pattern and has now BO'd just an hour ago...Targets marked. Gland is one of the leading Pharma companies when it comes to producing injectables..and has pretty good fundamentals..so you could think long term..

Panchalk Updated 

GNFC had been trading in the channel for some time - just some time back it BO'd out of the channel...targets marked in red. This is an idea, not a recommendation.

Panchalk Updated 

Can Fin homes BO'd, retested and now again moving up...if the broader markets are steady it can reach targets mentioned. This is an idea

Panchalk

PGHL has BO'd from channel after trading sideways for sometime..., also worth noting is that it is trading just above the 200 EMA...targets marked. Trade cautiously...with a SL. This is not a recommendation, but an idea

Panchalk Updated 

HEG is on the upper part of the wedge like pattern...keep a watch if it breaks out...only downside is that it has 3 resistance points, but only 2 support points in the wedge, so it may fall back into the wedge and slide down... not ideal right now for taking positions...let's keep our options open. Targets are marked nevertheless

Panchalk Updated 

Solar industries has broken out of the upper channel 20 minutes ago..moving up with good volumes. Targets are marked in blue. Trade with stop loss. Do your own research. This is an idea, not advice

Panchalk Updated 

Godfry haas been trading with good volumes since some time ( blue arrow)...and today it is 5.5% up with good volumes..could move to the upper part of the wedge..1245 is possible...keep watching...this may not happen in a day..

Panchalk

Mcdowell has BO'd after moving sideways for a long time ( weekly chart) - and we could see some upside...targets marked. This is not a recommendation to buy. DO your own research.

Panchalk Updated 

Breakout happened way back in Feb 2021, but look at the move...and it still has steam...this is for long term. Only for educational purpose...i had this stock on my watchlist long ago..and anyone who had taken any position in the stock ( not now, but at least some months ago) would have earned quite a lot.

Panchalk

PFC had BO'd sometime back from triangle pattern. Chart is plotted on monthly TF. Volumes are not great. Targets are marked. This stock moves very slowly, so think long term. This is an idea, not a recommendation to buy or sell. Do your own research.

Panchalk

GSFC has opened today morning with a gap up ( 7%)...breaking out of the channel pattern...targets marked...when stocks are consolidating by moving in a range ( box or rectangle pattern) for a period of time and suddenly break out from that it is a decisive move ( up or down). Let us wait and see how it pans out.