EN
FR
DE
Is making Inverse H&S pattern and MACD Histogram up. Breakout Point at 170. Expected to give 48% up move from current price with Target Rs.282. Enter at current price 187. Stop Loss at 140 on a closing basis below the support of 145.
If it breakout, we could see Upside of Rs. 900 and failure to breakout could lead to 10% correction to lower end of channel.
Is at a multi month resistance point. Once the breakout is confirmed, could move up around 20% to the target of Rs. 2700
Trading in a symmetrical triangle with heavy resistance around 20000. Breakout can lead to levels around 23500.
Took support on trend line and gave breakout 50 EMA. Breakout point at 173. Enter at the current Price of Rs. 175. Target is 20% at 210. Stop Loss at 160 on a closing basis below the support of 170.
Taking Support at internal trend line, could give an up side move of around 15% with the of target 1600.
Is making Inverse H&S pattern on Weekly timeframe with potential upside of 48%. Entry Price after Breakout at 600 on closing basis, could lead to Target 1: 683, Target 2: 880. Stop Loss at 480 on closing basis under 50 EMA.
making Inverse Head & Shoulder formation. Enter at the current Price of Rs.133. Target is 50% at 199. Stop loss at 115 on a closing basis under 200 & 50 EMA.
With this heavy fall in the markets, one thing that can be clearly observed is that the stocks with good fundamentals and strong operational performance fell the least. As there are only a few good businesses that are constantly performing well operationally, they will always appear to be overpriced based on valuation metrics since a […]
Despite economic slowdown and weakness in consumption, ITC’s Q2FY20 results showed decent growth in profits. The company’s diversified operations across non-cyclical sectors, a resilient business model, a strong brand leadership position in the cigarette business, product innovation track record & premiumization drive are key positives. Recently ITC launched limited edition chocolate “Trinity Truffles” prior to festive […]