BPCL is on the verge of a breakout

By | 2019-05-30T19:07:43+05:30 May 30th, 2019|Categories: Stocks to Buy|Tags: |

BPCL is on the verge of a breakout The stock has made a higher bottom higher top formation on the daily chart and currently trading near the previous top. The stock has witnessed a high-volume bearish breakout on 5th oct 2018 but managed to fill the break down gap within a short span of time [...]

UltraTech Cement awaiting a flag breakout

By | 2019-05-03T09:18:27+05:30 May 2nd, 2019|Categories: Stocks to Buy|Tags: |

UltraTech Cement awaiting a flag breakout The stock has witnessed a high-volume breakout on posting Q4 earnings and tested a new all-time high on 25th April. The stock has sketched a flag pattern near all-time high of 4600 level on 2nd May 2019. The major support for the stock is placed at 4100 level. The [...]

ONGC challenges 6-month high; has more room to rise

By | 2019-04-29T18:05:24+05:30 April 29th, 2019|Categories: Stocks to Buy|Tags: |

ONGC challenges 6-month high; has more room to rise Shares of Oil and Natural Gas Corporation hit a 6-month high of Rs 170 on 24th April. On the daily chart, the price has surpassed its major resistance and witnessed a flag pattern formation. The stock has seen significant higher volumes in the recent days, which may [...]

Wipro surges to all-time high

By | 2019-04-27T19:44:47+05:30 April 27th, 2019|Categories: Stocks to Buy|

Wipro surges to all-time high Wipro share prices were trading all time high and broken the structural resistance zone on 24th April. While the price action has continued to trade in a positive trajectory, despite weak market breadth.  Even though the stock has witnessed a high-volume breakdown on 8th march, the stock has managed to [...]

Tata Motors on the verge of a breakout

By | 2019-04-05T16:37:40+05:30 April 5th, 2019|Categories: Stocks to Buy|Tags: , |

Tata Motors on the verge of a breakout Tata Motors took a sharp upside  move and currently trading around the major resistance at 200 level, where it formed a Flag pattern on the daily chart. The stock has broken down a long-time consolidation range with high volume breakdown gap but managed to fill the break [...]

Hero Motocorp Move Past Strong Support Zone

By | 2019-03-28T19:10:20+05:30 March 28th, 2019|Categories: Stocks to Sell|Tags: |

Hero Motocorp Move Past Strong Support Zone Shares of Hero MotoCorp were trading lower for the twelfth straight day on its daily chart and tested a new 52-week low on 28th March 2019. The stock is witnessing continuous lower top and lower bottom formation and currently moved past a strong support zone at 2600 level. [...]

L&TFH awaiting high volume breakout

By | 2019-03-28T19:04:40+05:30 March 28th, 2019|Categories: Stocks to Buy|Tags: |

L&TFH awaiting high volume breakout L&TFH is bottomed out to have a double bottom pattern on its daily chart and currently trading near the neckline. The stock has witnessed a lower top and lower bottom formation for the past few months and currently taken a strong support at 110 level. The major resistance for the [...]

Tech Mahindra hovering near all-time high; chart suggest more upside

By | 2019-02-11T20:11:21+05:30 February 11th, 2019|Categories: Stocks to Buy|Tags: |

Tech Mahindra hovering near all-time high; chart suggest more upside • Tech Mahindra has performed relatively well since the outcome of 3rd quarter result. • The stock is currently hovering at all time high with significant increase in average trading volume. • The stock has broken the 4-month long consolidation range and moved past the [...]

Vedanta hits 29-month low; chart suggests big down side

By | 2019-02-06T19:32:54+05:30 February 6th, 2019|Categories: Stocks to Sell|Tags: |

Vedanta hits 29-month low; chart suggests big down side The stock has been forming inverted flag pattern in the daily chart around 155 to 165 level. The stock has broken the major support at 190 level and hit a 29-month low on Feb 1, 2019 with a high-volume breakdown gap. In the last 30 days, [...]

Titan hits new all-time high; strongly bullish in near term

By | 2019-02-05T20:37:22+05:30 February 5th, 2019|Categories: Stocks to Buy|Tags: |

Titan hits new all-time high; strongly bullish in near term Titan has been in a flying mode over the last couple of days, touching a fresh all time high of 1074 on 5th Feb 2019. The stock moved past the resistance with the appearance of high volume breakout gap on 4th Feb 2019. In the [...]