DCMSHRIRAM is on verge of flag pattern breakout provided that it closes above 1440 level. It has a potential to add up to 20-22% from this level. My view may change if it closes below 1350. Risk-reward is quite in favor. Keep it on radar.
BLACKBUCK showing strength and crossed previous resistance zone with decent volume. Support is near 425-8 levels. Resistance is near 510 and above that it may enter into uncharted zone. Keep it on radar.
HUBTOWN giving trendline breakout with decent volumes. Support can be seen near 301-2 level. On upper side resistance may be nr 342-365. Stock has given around 80% return in last 1.5 months. So strong momentum is observed. Keep it on radar
VIJAYA giving trendline breakout with decent volume. Q1 result is on 28th July may push momentum rally. Support seems near 1005 level. We may see momentum up to 1170 in coming days. Keep it on radar.
THOMASCOOK has broken previous resistance level. Market participation is also increased with breakout. It may resist nr 210-12 level. Closing below 175 may change my view. Keep it on radar.
TIRUMALCHM has given resistance breakout with decent volume. Another good thing is unusual volume increased in accumulation zone. Support can be seen near 280 levels. There is high probability that this time it may push the stock in to trend change and may take momentum to the next level. Keep it on radar.
TANLA giving resistance breakout with decent volume. Seems it may start momentum from here. 625-30 is strong support zone. below this my view may be changed. Risk-reward is quite in favor.
NESCO giving flag pattern breakout with decent volume. Support is seen nr 1180. while pole initiation can be seen near 1010. Currently trading near 1270. It has a potential for new momentum. Keep it on radar.
CARTRADe is showing strength and has given Inverted head & Shoulder breakout with decent market participation. support is near 1620. It has a potential to go up! Keep it on radar. Closing below 1620 may change my view.
UTIAMC giving trend-line breakout with increased volume. It is trending just 5=7% away from ATH. 1250 seems strong support and on upper side it may trade above 12-15%. Keep it on radar
THELEELA is giving resistance + cup and handle breakout above 414 level. Market participation has also increased in recent sessions. So if it sustains and closes above 414 then it looks very attractive and may start new momentum rally. 398 seems very good support. On upper side we may see momentum of 10-12%. Make sure that it sustain and closes above 414!
MOTILSLOFS has given resistance breakout with decent volume. Strong support can be seen near 845 levels. It may continue momentum rally till 1008. And if it sustain above that then it may do wonders! Keep it on radar.
AEGISVOPAK is coming out from small consolidation and giving decent volume today. 250 is very strong support. It may face next resistance nr 290 level.
KAJARIACER showing very good strength while giving breakout with decent market participation. 1050 is very good support. And upper side we may see continued momentum till 1215.
ASAHIINDIA has given symmetrical triangle breakout with unusual volume. Already took a momentum. Now as long as it is above upper channel line, i believe the momentum will continue till 980-1000 levels. Keep it on radar.
HARSHA giving triangle breakout with decent volume. It is coming out of long 5 months consolidation. 400 seems good support. HARSHA may give momentum rally in nr future with resistance near 510.
RITES showing good strength in recent session. And currently trading near strong hurdle. It has a strong resistance near 310-15 levels and rejected many times earlier. So if now closing above 315 may start new momentum rally in the counter which may continue for next 20-22% upwards. On lower side 270 seems very good support But closing above 315 is very crucial. I...
RAILTEL showing very good strength and currently trading above resistance line. It has also been observed cup and handle pattern breakout with decent increased volume in recent days. If I consider recent depth then we may see approx 30-33% rally in coming days provided that it holds and closing above 380 levels all the time. Strong up move is on the table!