Infosys hovering near all-time high; chart suggest more upside

By |2019-07-29T18:38:03+05:30July 29th, 2019|Categories: Stocks to Buy|Tags: |

Infosys hovering near all-time high; chart suggest more upside This stock has been hovering around 800 level for the past few days with an appearance of flag pattern. The stock was in a major consolidation mode within the range 700-770 level for the past 6 months but broke out of the consolidation range level with [...]

TITAN ON THE VERGE OF A BREAKOUT

By |2019-07-15T19:37:44+05:30July 15th, 2019|Categories: Stocks to Sell|Tags: |

TITAN ON THE VERGE OF A BREAKOUT On the daily chart, the stock is on the verge of a breakout from a bearish flag pattern. After touching an all-time high of Rs 1340 on July 1st, the stock has corrected to Rs 1070 levels in short span of time due to witnessed a high-volume breakdown [...]

Glenmark plummets to fresh 52-week low

By |2019-06-26T19:15:04+05:30June 26th, 2019|Categories: Stocks to Sell|Tags: |

Glenmark plummets to fresh 52-week low; outlook suggests negative in near term Glenmark recorded a new 52-week low on 25th June 2019 and the stock has moved below the major support zone at 500 level. The stock has broken 2 year-long consolidation range which was trading in the range of 500-700 levels for last 2 [...]

BPCL is on the verge of a breakout

By |2019-05-30T19:07:43+05:30May 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+05:30May 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+05:30April 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+05:30April 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+05:30April 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+05:30March 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+05:30March 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 [...]