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 [...]

Axis Bank hits lifetime high; chart suggests more upside

By | 2019-02-01T19:54:14+05:30 February 1st, 2019|Categories: Stocks to Buy|Tags: , , |

Axis Bank hits lifetime high; chart suggests more upside Axis bank has been in a strong uptrend after the outcome of Q3 result. The stock has a breakout-gap in the daily chart on Jan 30, 2019. The stock moved past the major resistance and currently settled at an all-time high of 726 level on Feb [...]

Hindustan Zinc hits 52week low; expected to fall further

By | 2019-01-25T13:43:25+05:30 January 25th, 2019|Categories: Stocks to Sell|Tags: |

Hindustan Zinc hits 52-week low; expected to fall further The stock has been under selling pressure after the outcome of Q3 earnings and tested 52-week low on 23rd Jan 2019. The stock has been consolidating near the strong support 260 level in the last three trading sessions. On the derivative front, the increase in open [...]

Wipro breaks above the strong resistance

By | 2019-01-24T19:34:14+05:30 January 24th, 2019|Categories: Stocks to Buy|Tags: |

Wipro breaks above the strong resistance Wipro has been testing unseen highs soon after the Q3 earnings outcome and comfortably closed at new closing high of 351.75 on Jan 24,2019. The stock just moved out of the 4-month long consolidation range of 300 – 345 levels and breaks above the strong resistance despite making several [...]

Infosys chart suggest record-breaking rally

By | 2019-01-23T10:19:57+05:30 January 22nd, 2019|Categories: Stocks to Buy|Tags: |

Infosys chart suggest record-breaking rally Infosys shares aggressively approaching its all-time high level of 755 in last few sessions and closed near its previous all-time closing high on Jan 22,2019. The stock have a unfilled gap in the daily chart on 14 January post which the stock gained over 7% to 745, highest since Oct [...]