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 [...]

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 [...]

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 [...]

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

By |2019-02-11T20:11:21+05:30February 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 [...]

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

By |2019-02-05T20:37:22+05:30February 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+05:30February 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 [...]