ARE_M

Amara Raja Energy & Mobility is breaking out after 8.7 years of consolidation on the weekly time frame. Breakout point is ₹ 1073. Enter at the current price of ₹ 1191 with the Target of ₹ 1700. Stop Loss below 980 for traders & re-enter at breakout. For investors hold.

EMAMILTD

Emami is breaking out from an Inverse H&S Pattern on the monthly time frame. Enter now & add more on breakout above 682 on the closing basis with the Target 1 of ₹ 955 & Target 2 of ₹ 1160. On the lower side, ₹ 500 & ₹ 450 will act as a good support.

BATAINDIA

Bata India is making an Inverse H&S Pattern on the daily time frame and RSI Bull divergence on the weekly time frame. Entry Price after breakout ₹ 1377 with the Target 1 of ₹ 1450. On the lower side, ₹ 1345 & ₹ 1300 will act as a good support

KRITINUT

Kriti Nutrients is moving in an up trend channel on the daily time frame. Enter at the current price of ₹ 103 with the resistance 1 of ₹ 122. A breakout above ₹ 122 could lead to a target 1 of ₹ 149 & target 2 of ₹ 160. On the lower side, ₹ 92 […]

COROMANDEL

Coromandel International is breaking out after 5 months of consolidation and making an all time high on the daily time frame. Breakout point is ₹ 1263. Enter at the current price of ₹ 1270 with the Target of ₹ 1490. Stop loss below ₹ 1180 on the closing basis.

TCS

TCS is an uptrend consolidation zone. Historically at an average it has corrected about 25% from the previous top and consolidated timewise around 2 – 3 years. We have noticed a 25% correction since Oct-2021 and now near breakout levels, Historically post breakout, TCS has given at an average 80% upside, however, due to its […]

MOTHERSON

Samvardhana Motherson International is breaking out after 6.3 years of consolidation and making an all time high on the weekly time frame. Breakout point is ₹ 128. Enter at the current price of ₹ 137 with the Target of ₹ 194 & ₹ 228. On the lower side, ₹ 124 & ₹ 110 will act […]

IEX

Indian Energy Exchange is near the breakout level of ₹ 168 on the weekly time frame. Enter now or enter after breakout ₹ 168 on the closing basis with the target of ₹ 203 & ₹ 214. On the lower side, ₹ 146 & ₹ 138 will act as a good support.

ASKAUTOLTD

ASK Automotive is in a consolidation zone post listing in Nov-23, making a complex inverse head & shoulder pattern with a broadening channel, currently near the breakout level of ₹ 326 on the daily time frame. Enter now or enter after breakout ₹ 326 on the daily closing basis with the first target of ₹ […]

ACCELYA

Accelya Solutions India is taking support at ₹ 1628 level on the monthly time frame. Enter at the current price of ₹ 1654 with the resistance 1 of ₹ 1831. A breakout above ₹ 1831 could lead to a target of ₹ 2460. On the lower side, ₹ 1590 will act as a good support.