RELIANCE
Breaking Triangle Pattern and MACD Histogram up. Breakout Point at 1969. Enter at current Price Rs.2015. Target is 2290 with stop Loss 1894.
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COFORGE
Took support on multi time support line and given breakout 50 EMA. Breakout Point at 2560. Enter at current Price Rs.2624. Target 1: 2894(10%), Target 2: 3225(22%). Stop Loss at 2300 on closing basis below second Support of 2366.
HINDPETRO
Making Inverse H&S pattern, RSI & MACD also up, Expected to give 30% up move with the Target of Rs.300, Enter at the current price of Rs.229, Stop loss below the support of Rs.216
BIRLACORPN
Took support on multi time support line and given breakout 50 EMA. Breakout Point at 717. Enter at current Price Rs.726. Target is 798 with Stop loss 691.
ULTRACEMCO
Given Breakout from the last top, near the All-Time High, Expected to hit the upper trendline and give 15% up move with Target Rs.6446, Enter at the Current price Rs.5588, Stop loss at Rs.5150
LAURUSLABS
Inverse H&S Pattern, Near the All-Time High. Breakout Point at 359. Expected to give 15% up move from current price with Target Rs.438. Enter at current price 381. Stop Loss at 354.
ASTRAZEN
Making a broadening channel and take support the trendline. Expected to give 19% up move with the Target Rs.4548. Enter at the current price Rs.3810. Stop Loss at 3480 on closing basis below Support of 3614.
BUTTERFLY
Gave a smooth up move by taking multiple support on the trendline, RSI & MACD moving up, expected to give 12% up move with the Target of Rs.634, Enter at the current price Rs.565, Stoploss at Rs.535
TAALENT
Is making Inverse Head & Shoulder formation & MACD Histogram up. Breakout Point at 344. Enter at current Price Rs.360. Target is 68% at 560. Stop loss at 276, below the support of 322.
GMBREW
Inverse H&S pattern on Weekly timeframe with potential upside of 39%. Entry Price after Breakout of 200 EMA at 446 on closing basis, could lead to Target of 600. Stop Loss at 388, below support of 411.