JSWSTEEL

JSW Steel is breaking out from Flag pattern on the weekly time frame. Breakout point is ₹ 778. Enter at the current price of ₹ 783 with the Target of ₹ 1000. Stop loss at ₹ 690 on the closing basis below the support of ₹ 700.

PFC

Power Finance Corporation is breaking out after 12.8 years of consolidation on the daily time frame. Breakout point is ₹ 191. Enter at the current price of ₹ 208 with the Target of ₹ 276. Stop loss at ₹ 180 on the closing basis below the support of ₹ 191.

APOLLOHOSP

Apollo Hospitals is breaking out of the ₹ 5065 level on the daily time frame. Enter at the current price of ₹ 5132 with the target 1 of ₹ 5735. A breakout above ₹ 5735 could lead to target 2 of ₹ 6680. Stop loss at ₹ 4800 on the closing basis below the support […]

ZYDUSLIFE

Zyduslife is breaking out of the ₹ 530 level and moving up on the daily time frame. Enter at the current price of ₹ 543 or enter on 2nd breakout at ₹ 568 on closing basis with the Target 1 of ₹ 665 & Target 2 of ₹ 730. Stop loss at ₹ 500 on […]

Axisbank

Axis Bank is breaking out of the ₹ 962 level and moving up on the daily time frame. Enter at the current price of ₹ 984 with the Target of ₹ 1100. Stop loss at ₹ 950 on the closing basis below the support of ₹ 962.

NTPC

NTPC is breaking out from Ascending triangle pattern as well as Inverse H&S pattern and making 52 Week High on the daily time frame. Enter at the current price of ₹ 186 with the Target 1 of ₹ 193 & Target 2 of ₹ 206. Stop loss at ₹ 173 on the closing basis.

KOTAKBANK

Kotak Bank is at a crucial breakout level of ₹1997~₹2000. Kotak has been in a tight range for the last 1.4 years since Nov 2021. A buying of $800 million is expected from MSCI rebalancing. Banknifty is at ATH, and kotak is yet 10% away from ATH. With good results & at avg PBV, fresh […]

TVSMOTOR

TVS Motor is breaking out of the ₹ 1173 level and moving up on the daily time frame. Enter at the current price of ₹ 1231 with the Target of ₹ 1373. Stop loss at ₹ 1150 on the closing basis below the support of ₹ 1173.

Trent

Trent is breaking out of the ₹ 1380 level and moving up on the daily time frame. Buy at the current price of ₹ 1417 with the Target 1 of ₹ 1560. A breakout above ₹ 1560 could lead to Target 2 of ₹ 1780. Stop loss at ₹ 1340 on the closing basis below […]

LT

Larsen & Toubro is breaking out from channel’s upper trend line and near an all time high. Breakout point is ₹ 2320. Buy at the current price of ₹ 2387 with the Target of ₹ 2505, stop loss at ₹ 2300 on the closing basis below the support of ₹ 2322.