Mcdowell on the verge of breaking out of bullish pennant. Buy with mentioned stoploss & target.
Alembic Pharma is breaking out of 7 months of consolidating range. Price got rejected multiple times at 820 levels. Today it broke above with good volumes & trading comfortable above it. Could be bought with mentioned stoploss & target. Not to be missed breakout.
Grasim is trading in a range & now its ready to break 50% retracement of this current range on th upside, Buy above 1718 sloss 1694 tgt 1743 intraday.
Pidilite is consolidation between range from past few trading sessions. Today its breaking out of consolidation. So pidilite can b bought with sloss 2207 & tgt of 2399 in 1 to 2 trading sessions.
Torrent power made flag pattern on hourly charts. Torrent power is breaking out of this pattern. Buy with mentioned sloss & tgt of 590++
ICICIbank broke & confirm triangle pattern breakout. Could b bought with mentioned sloss & tgts.
MFSL is trading in congestion zone dont get trapped in this area. Price got rejected multiple times here. Wait for 1045 to break & then recommended to buy with stoploss of 1000 & targets of 1090/1120
Tatasteel broke out of falling wedge channel & also resistance zone of 1120=1125 with decent volumes. Could be bought with mentioned stoploss & targets.
Relaxo Footwear broke resistance & now trading below that but with good volumes it looks like it ll break again n trade above it. Could b bought with said sloss & tgts most probably intraday.
Star breaking out of descending channel pattern with good volumes. Only pharma stock which didnt rally in recent pharma upmove. Could be bought with mentioned stoploss & target.
Muthootfin broke out of traingle pattern as well its congestion zone of 1500-1516 & comfortable trading above it with decent sorts of volumes. Could be bought with mentioned sloss & targets
Marico broke out of bullish triangle & comfortably trading above it. Could be bought with mentioned sloss & tgts.
Muthootfinance is here to trap you. Most of the muthootfin comes around 1200 most of the traders get trapped. Again today muthootfin tried its best to trap traders, I don't know if anyone got trapped. Be alert when muthootfin trades between 1200-1216 zone. Buy only above sustainance of 1216. Happy Trading.
Wipro made an inverted head & shoulder on hourly charts. Wipro can b bought with sloss below right shoulder & tgt 705.
BajajElec broke out of strong resustance with volume. Buy BajajElec with sloss mentioned with tgts of 1356/1374/1394
Pidilite made an flagnpole pattern also took support @ 50% fib retracement level. Buy with sloss 2325 & tgt of 2500
KEC International is breaking out of strong resistance zone of 465 with volume. Ciuld b bought with sloss below 455 & tgts of 484 & 499.
Tatasteel breaking out of strong resistance zone. Could be bought with mentioned sloss & tgts.