CONCOR
CONCOR Is given breakout to channel pattern . Enter at the current price at 697. Target is at 890 and Stop loss at 590 below support 1 at 644.
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SBIN
Is given breakout to channel pattern. Enter at the current price at 446. Target is at 615 and Stop loss at 350 below support 1 at 395.
PRESTIGE
PRESTIGE Is give breakout from the Channel’s Upper trendline and move up. Breakout point at 410. Expected to give 47% up move from current price with Target Rs.680. Enter at current price Rs.465. Stop Loss at 370 on closing basis below support of 410.
INDUSTOWER
Is given breakout to channel pattern also given breakout to 50 EMA. Enter at the current price at 273. Target is at 340 and Stop loss at 229below support 1 at 254.
SUNTECK
SUNTECK Is making Inverse H&S pattern and MACD Histogram up. Breakout point at 413. Expected to give 25% up move from current price with Target Rs.560. Enter at current price Rs.447. Stop Loss at 360 on closing basis under 50 EMA.
FEDERALBNK
Is making Inverse H&S pattern and golden crossover. Breakout point at 88. Entry Price after Breakout at 88 on closing basis, could lead to Target 139. Stop Loss at 70 on closing basis under 50 @ 200 EMA.
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.
CHEMBOND
CHEMBOND took support on trendline and give breakout 50 EMA. Enter at current price Rs.231. Target 1 is 15% at 266. Stop loss at 210 on 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.