Hindalco is fundamentally a very good stock and has given good returns in the past. Currently, it has formed and given a breakout of a symmetric triangle pattern in a weekly timeframe with good volumen and trading in a daily/weekly channel. It has cleared its first resistance which was a zone of 450 and is now ready to travel up to the upper body of the...
CUB is trading in the price range of 190-200 for the past 3 years. Currently, it is trading near the weekly demand zone. On the daily timeframe, it has given a trendline breakout and again confirmed the upside possible movement by breaking the reversal trendline. One can create a fresh position at CMP or can buy in dip and can hold for swing or position for the...
IDFC First Bank Ltd. engages in the provision of financial and banking solutions. It operates through the following segments: Treasury, Corporate and Wholesale Banking, Retail Banking, Other Banking Business, and Unallocated. We had recommended this stock earlier near 50-55 zone before breakout and from there it has become double. This stock has rosen 300% last...
LTIMindtree Ltd. operates as a technology consulting firm, which engages in services include cloud and infrastructure, cyber security, data and insights, digital engineering, disruptive SaaS, and platform operations. Over the past four months, the price has been declining, but this month it reached its long-term trendline support on the weekly timeframe. After...
V-Mart Retail Ltd. engages in the retails of readymade garments and accessories in India. After making lifetime high of 4848 in Nov 2021, it was in downtrend since then. Now, after 2 years, it has changed its daily and weekly structure from in demand zone and shown potential for upside movement. Also, it has taken support of long-term trendline. On daily chart,...