NIACL

Is given a breakout from Channel’s Upper trendline and Inverse H&S pattern. Expected to give 20% up move from current price with Target Rs.202. Enter at the current price of Rs.170. Stop Loss at 158 on a closing basis under 50 EMA.

SHK

Moving up by taking support on the trendline & 200 EMA. MACD & RSI Moving up from low. Expected to give 49% up move from current price with Target Rs.227. Enter at current price 152. Stop Loss at 130 on closing basis under 200 EMA.

BANDHANBNK

Making Head & Shoulder formation and MACD Histogram down. Expected to give 62% down move from current price with Target Rs.110. Enter at current price 278. Stop Loss at 340 on closing basis above 50 EMA.

MATRIMONY

Took support on trendline and move up. Expected to give 31% up move from current price with Target Rs.1500. Enter at current price 1147. Stop Loss at 1000 on closing basis below second support of 1032.

AXISBANK

Is making Inverse Head & Shoulder formation and MACD Histogram rise. Breakout point at 750. Enter at current price Rs.753. Target is 57% at 1183. Stop Loss at 630 on closing basis under 50 EMA.

HUDCO

Is making Inverse H&S pattern on Weekly timeframe with potential upside of 55%. Entry Price after Breakout at 52.5 on closing basis, could lead to Target of 82. Stop Loss at 38 on closing basis under 200 & 50 EMA.