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Showing posts with the label Chart of the Week

Chart Of The Week ( 24 January 2021)

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  1) Jubilant Life Science Limited (JUBL)- Click on the chart to enlarge view. C MP-934.00 RECO-Buy Entry Range-Rs.900.00–950 Target-1250.00/1500.00 Stop Loss- 840.00 Closing basis Duration- 06 to 12 months *Stock has given a Inverted H & S Pattern breakout on weekly chart and trading near lifetime high on weekly basis. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. *Considering all technical evidences we may see good up move in Jubilant Life science Limited. 2) Minda Industries Limited - Click on the chart to enlarge view. CMP-489.00 RECO-Buy Entry Range-Rs.450.00–500.00 Target-600.00/820.00 Stop Loss-400.00 closing basis Duration- 06 to 09months *Stock has given a 2.5 years long consolidations breakout on weekly chart. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving aver...

Chart Of the Week (11 January 2021)

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   Rail Vikas Nigam Limited (RVNL)- Click on the chart to enlarge view. CMP-33.25     RECO- Buy     Entry Range- Rs.30.00-35       Target-42.00/60.00      Stop Loss- 23 Closing basis     Duration-  06 to 12 months *Stock has given a Cup and handle Pattern breakout on weekly chart and closing above lifetime high on weekly basis. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. *Considering all technical evidences we may see good up move in RVNL. Fertilizers & Chemical Travancore Limited(FACT)- Click on the chart to enlarge view CMP-76.00     RECO- Buy     Entry Range- Rs.70-80.00       Target-108.00/160.00      Stop Loss-60.00 closing                            ...

Chart Of the Week (04 Jan to 08 Jan 2021)

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 Bharat Electronics Limited(BEL)- Click on the chart to enlarge view. CMP-126.24     RECO- Buy     Entry Range- Rs.120-130       Target-160.00/220.00      Stop Loss- 106      Duration- 06 months *Stock has given a bullish Inverted H & S Pattern on weekly chart. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price has also trading all the important moving averages. *Considering all technical evidences we may see good up move in BEL. The Tinplate Co of India  - Click on the chart to enlarge view. CMP-167.00    RECO- Buy     Entry Range- Rs.155-170      Target-225/325.00      Stop Loss- 145 closing  basis Duration-  06 to 09 Months.                                            ...

Chart Of the Week ( 28 Dec 2020 to 01 Jan 2021)

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 # CIPLA in both daily & weekly time frame made rectangle pattern and breakout already happened on 24 Dec 2020.With the support of 790.00 level this stock will move towards 900.00/1000.00 . Click on the chart to enlarge view. Thanks for reading and kindly let us know if you have any questions!

Chart of the WEEK (24 Aug to 28 Aug 2020)

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*   #Vindhya Telelinks Limited   is engaged in manufacturing and sale of Cables (telecommunications cables, other types of wires & cables etc.) and Turnkey Contracts & Services business.   As per the govt of india all villages to be connected with optical fibre in next 1,000 days.In this case I think the biggest beneficiary is VTL.    Source - https://timesofindia.indiatimes.com/business/india-business/all-villages-to-be-connected-with-optical-fibre-in-next-1000-days-pm-modi/articleshow/77558650.cms   Stock is trading at 0.43 times its book value   All above parameter indicating that Vindhya telelinks limited ready for upmove.    Vindhya Telelinks Limited   Daily/Weekly chart trading above its resistance level,if  sustain above (resistance level mentioned in the chart) this we can see up move towards 1000.00/1200.00 level as per chart pattern with the help of 750.00 support level .   H igh  volume  indica...

Chart of the WEEK (17 Aug to 21 Aug 2020)

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   # Hindzinc  Daily chart trading above major #Trendline and now trading above resistance level, if the stock sustain above we can see up move towards 290.00/330.00 level as per chart pattern with the help of 195.00 support level .  # Tube Investment of India has broken out from a Lifetime high Resistance of 577.00 on both daily & weekly chart indicating strong participation by the bulls.  • The stock is trading above all major moving averages (20, 50,100 & 200 SMA) indicating strong uptrend.  # Volumes are rising indicating increased participation by the bulls .  # We can see upmove towards 690.00/780.00 with help of 500.00 support level.              Thanks for reading and please let us know if you have any questions

Chart of the WEEK (10 Aug to 14 Aug 2020)

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                                                          * #Tata Power   Weekly/Daily chart trending in a trend line  and now trading near resistance level, if stock break 55.00 level and sustain above this we can see up move towards 70.00/80.00 level as per chart pattern with the help of 45.00 support level       * If #Tata Power break 45.00 level and sustain below level we can see major fall towards 30.00/25.00 level with the resistance of 54.5                * Weekly/Daily chart :- *   * #Universal cable  Weekly/Daily chart trending above its important resistance level ,if it sustain we can see up move to wards 154.00/180.00 level with the help of 105.00 support level .                        ...