HCC is on the verge to give triangle breakout provided that it sustains and closes above 31.5. I observed increased market participation. It may face bit of resistance near 36 level and above that it has a potential to go up to 45 levels. But closes below 28.5 may change my view for the stock. Again I'm saying that sustaining above 31.5 is very crucial. Keep a...
HFCL showing trendline breakout with higher high pattern. Market participation has also increased since few sessions. Probability of new momentum rally is quite higher. It has also booked highest weekly volume since last 7-8 months.
SHYAMMETL giving cup & handle breakout with decent increased volume. It is showing strength after recent fall. Now it it sustains above 958 then it may take a fresh ride from hereon. It may take a ride up to 25-27%. Closing below 890 may change my view for it.
BAJEL seems a perfect candidate for very short term momentum play. Showing Inverted H&S pattern breakout with decent volume. We may see 18-20% rally from this breakout level. Pattern may confirm pause in recent fall and now showing strong reversal from here. 178 is very strong support. Risk reward is in favor!
KPIGREEN has posted solid numbers. Technically on trendline breakout. now if it crosses and closes above 448 then it may take a new ride from here. 30-35% from here is very much possible provided that 400 it hold 400 support! Volume also increased in last few sessions. But Close above 448 is very important.
NIVABUPA showing resistance breakout with decent volume and can go up to the recent arc curve depth ie approx 18%. It is very strong on weekly chart as well. Closing below 85 may change the view. keep it in your watchlist
KIMS has given inverted H&S breakout with decent volume. The depth is around 28-30% from neckline to bottom of the head. So if we add it to breakout line then we may see the same move on upper side. If we look at weekly timeline then also it has given resistance breakout. Seems very promising.
APOLLOTYRE showing head & shoulder breakout but WITHOUT VOLUME. It may continue towards 515 if gets increased market participation. I would wait for the volume trigger. But definitely keep it on radar.
JKCEMENT given trendline breakout. It has posted v decent result above street's expectations. There is high probability that market may turn its trend which is in favor of new trend. Keep it on radar.
REDINGTON giving breakout with decent volume. This is the 2nd attempt nr 220 levels. There is v high probability that this time it will cross resistance abv 230 and may start new rally hereon. Keep it on radar.