This document provides a technical analysis of FIEMIND stock. It recommends buying the stock in cash at Rs. 717, with a stop loss of Rs. 695 and target of Rs. 760. The analysis indicates that the stock has formed a bottom around previous resistance levels and momentum is increasing based on rising RSI values cutting above average lines. Recent price action shows bulls returning as prices move above consolidation ranges.
This document recommends buying shares of INFIBEAM at Rs. 700 per share. It analyzes technical indicators like moving averages and chart patterns. It observes that the stock has been trending positively, taking support at its 21-day moving average. The stock has formed an ascending triangle pattern and given a positive breakout. Based on this technical analysis, the document forecasts that the stock price will rise to Rs. 740 in the next few trading sessions.
The document provides a technical analysis recommendation to sell Aluminium. It summarizes that prices have broken a "Rising Wedge" formation and momentum indicators show negative divergence, confirming lower prices. Prices have also failed to move above a previous high, signaling a "Dow Theory" sell. The analysis expects prices to move lower to 105.20 in the next few trading sessions as long as 108.6 is not surpassed. It recommends selling Aluminium at 107.5 with a stop loss of 108.6 and target of 105.20.
The document provides a technical analysis and recommendation for the stock DHFL. It summarizes that:
1) DHFL has broken out of a reversal pattern on high volume, indicating upside potential in the coming sessions.
2) The stock has formed a large bullish candle on the weekly chart with good volume.
3) During a recent correction, DHFL saw low volume, suggesting potential upside from current levels.
4) Momentum indicators are positive, with the RSI above 60 and a positive crossover, supporting further gains.
5) The recommendation is to buy DHFL at 443-435 with a stop loss of 420 and target of 485.
The document provides a technical analysis of MAHINDCIE stock and recommends it as a buy. It notes that the stock price has found support at horizontal price levels and reversed trend. Momentum indicators like the 21-day moving average and RSI also indicate a positive trend. Based on these technical factors, the analysis forecasts the stock price to rise to 218 levels in the coming trading sessions.
The document provides a technical analysis of ADANIPORT stock and recommends a buy. It summarizes:
1) The stock has formed a double bottom pattern on the daily chart, indicating a bullish reversal.
2) The stock has moved above a consolidation phase, signaling the resumption of an upward trend.
3) Technical indicators like the 21-day and 100-day moving averages also provide positive signals.
4) Based on the analysis, the stock price is expected to rise to Rs. 230 in the coming trading sessions.
The document provides a technical analysis of the stock KWALITY. It recommends buying the stock at 127.6, with a stop loss of 122 and target price of 138. The analysis notes that the stock has shown strength by retracing losses quickly and breaking above a downward trend line. Upside movement has also seen rising volume, indicating growing appetite for the stock. Based on this technical analysis, the document expects the stock to reach 138 in the next few trading sessions.
This document provides a technical analysis of SCHNEIDER stock and recommends buying it at 176 with a stop loss of 169 and target of 190. It notes that the stock has broken out to higher levels, risen above its 250-day moving average resistance, and seen an escalation in bullish volume in the consolidation area. Additionally, the RSI momentum oscillator has risen above its consolidated range and previous reversal point, suggesting fresh upward momentum in the coming days if the stock sustains above current levels.
This document provides a technical analysis of FIEMIND stock. It recommends buying the stock in cash at Rs. 717, with a stop loss of Rs. 695 and target of Rs. 760. The analysis indicates that the stock has formed a bottom around previous resistance levels and momentum is increasing based on rising RSI values cutting above average lines. Recent price action shows bulls returning as prices move above consolidation ranges.
This document recommends buying shares of INFIBEAM at Rs. 700 per share. It analyzes technical indicators like moving averages and chart patterns. It observes that the stock has been trending positively, taking support at its 21-day moving average. The stock has formed an ascending triangle pattern and given a positive breakout. Based on this technical analysis, the document forecasts that the stock price will rise to Rs. 740 in the next few trading sessions.
The document provides a technical analysis recommendation to sell Aluminium. It summarizes that prices have broken a "Rising Wedge" formation and momentum indicators show negative divergence, confirming lower prices. Prices have also failed to move above a previous high, signaling a "Dow Theory" sell. The analysis expects prices to move lower to 105.20 in the next few trading sessions as long as 108.6 is not surpassed. It recommends selling Aluminium at 107.5 with a stop loss of 108.6 and target of 105.20.
The document provides a technical analysis and recommendation for the stock DHFL. It summarizes that:
1) DHFL has broken out of a reversal pattern on high volume, indicating upside potential in the coming sessions.
2) The stock has formed a large bullish candle on the weekly chart with good volume.
3) During a recent correction, DHFL saw low volume, suggesting potential upside from current levels.
4) Momentum indicators are positive, with the RSI above 60 and a positive crossover, supporting further gains.
5) The recommendation is to buy DHFL at 443-435 with a stop loss of 420 and target of 485.
The document provides a technical analysis of MAHINDCIE stock and recommends it as a buy. It notes that the stock price has found support at horizontal price levels and reversed trend. Momentum indicators like the 21-day moving average and RSI also indicate a positive trend. Based on these technical factors, the analysis forecasts the stock price to rise to 218 levels in the coming trading sessions.
The document provides a technical analysis of ADANIPORT stock and recommends a buy. It summarizes:
1) The stock has formed a double bottom pattern on the daily chart, indicating a bullish reversal.
2) The stock has moved above a consolidation phase, signaling the resumption of an upward trend.
3) Technical indicators like the 21-day and 100-day moving averages also provide positive signals.
4) Based on the analysis, the stock price is expected to rise to Rs. 230 in the coming trading sessions.
The document provides a technical analysis of the stock KWALITY. It recommends buying the stock at 127.6, with a stop loss of 122 and target price of 138. The analysis notes that the stock has shown strength by retracing losses quickly and breaking above a downward trend line. Upside movement has also seen rising volume, indicating growing appetite for the stock. Based on this technical analysis, the document expects the stock to reach 138 in the next few trading sessions.
This document provides a technical analysis of SCHNEIDER stock and recommends buying it at 176 with a stop loss of 169 and target of 190. It notes that the stock has broken out to higher levels, risen above its 250-day moving average resistance, and seen an escalation in bullish volume in the consolidation area. Additionally, the RSI momentum oscillator has risen above its consolidated range and previous reversal point, suggesting fresh upward momentum in the coming days if the stock sustains above current levels.
The document provides a technical analysis and recommendation to sell ADANIPORT futures at 259.7, with a stop loss of 264 and target of 247. The analysis notes that the stock has faced resistance at a horizontal line, formed a pattern of lower highs and lower lows indicating a negative short-term trend, and has breached its intraday consolidation band on the lower side. The RSI momentum oscillator has also breached its lower band. Based on this technical analysis, a mild decline in the stock price can be expected.
- The stock CAPF is in a strong positive movement after a brief negative period and is rising again.
- It is trading above its short and long term moving averages, demonstrating strength across all timeframes.
- The RSI momentum oscillator found support at 58, an area that previously signaled reversals of corrections, and further movement of the stock to 590 is expected in the next few trading sessions based on the analysis.
The document recommends buying shares of Bharat Forge at Rs. 953.25, with a stop loss of Rs. 928 and target price of Rs. 1020. It notes that the stock has formed a strong base on higher time frames, indicating an end to its short-term correction. The stock has broken out of its mild corrective phase at current levels and is resuming its previous upward trend. The stock continues to find support at its 21-day moving average, signaling positivity in the near term. Positive Directional Indicator is also nearing dominance, suggesting further upward movement to Rs. 1020.
This document provides a technical analysis of ZEEL stock and recommends selling it short in January futures. It notes that ZEEL formed a double top pattern and dark cloud cover, both negative indicators. The stock is also breaking below its 21-day moving average and momentum oscillator RSI is reversing from an overbought range. Given these technical factors and market conditions, further downside is expected. The recommendation is to short sell ZEEL futures at 417.75 with a stop loss of 423.2 and target of 406.5.
The document provides a technical analysis and recommendation to sell ACC futures at 1422 with a stop loss of 1447 and target of 1370. Key points from the analysis include that the stock has faced resistance at the 50% retracement level and 21 day moving average. The RSI momentum oscillator has also fallen below its average line, indicating a potential further decline in the stock price to 1370.
The document provides a technical analysis and recommendation to buy NTPC stock at 137 with a stop loss of 134 and target of 143. It notes that NTPC has formed a bullish candlestick pattern and taken support at its 100-day and 250-day moving averages, indicating a potential reversal and further upward movement. The analysis recommends expecting NTPC's price to move up to 143 based on these technical indicators.
The document analyzes technical indicators for HDFC Ltd stock. It notes that earlier resistance had turned to support, and the stock found multiple support at a horizontal line. A bullish engulfing candle validated this support line. The stock has also crossed its 21-day moving average and momentum oscillator RSI shows increasing internal momentum. Based on this technical analysis, further upside for the stock is expected up to a resistance level of 1320. The document recommends buying HDFC Ltd at 1218-1205 with a stop loss of 1160 and target of 1320.
The technical analysis of the zinc market suggests prices will likely drift lower. Prices have found resistance near the middle Bollinger band, formed a bearish candlestick near the 50% retracement level, and the super trend and RSI indicators show a downward trend and lack of momentum. On an hourly timeframe, the RSI has formed a negative reversal. Based on this technical setup, prices are expected to fall toward 103.8 as long as they remain below resistance at 114.8. The analyst recommends selling zinc at 110.35 with a stop-loss of 114.8 and target price of 103.8.
This document provides a technical analysis and recommendation for VIPUL LTD stock. It summarizes that:
1) The stock has shown positive momentum and doubled from its lows, indicating an ongoing uptrend.
2) An intermediate correction ended at the 50% retracement level, an important support point.
3) The stock has formed a base at this support level and taken support from its 21 day moving average, indicating further upward movement.
4) Based on this analysis, the stock price is expected to reach 98 levels in the next few trading sessions.
The document recommends buying shares of SURYALAXMI at 152 with a target price of 172 within the next few trading sessions. It notes that the textile sector has been rising, SURYALAXMI has been moving higher the past two sessions and rising above short and long term moving averages. Volume has also been picking up the past couple days. The analysis indicates the stock could reach 172 based on these positive technical indicators.
The document recommends buying RCOM stock at Rs. 50.80 with a stop loss of Rs. 48.5 and target of Rs. 54 based on technical analysis. On the weekly chart, RCOM has formed a double hammer pattern and twizzer bottom, indicating buying interest. On the daily chart, the stock has broken out of a consolidation phase. It has also moved above its 21-day moving average. Volume has increased over the past couple of days. Based on these factors, the document expects the stock to move upwards to Rs. 54.
The document provides a technical analysis and recommendation to buy shares of NIITLTD. It summarizes that the stock has broken out of a previous supply level and is testing this breakout level, showing a positive reversal signal. Momentum indicators like the RSI are rising above average levels. Based on this technical analysis, further upside in the stock price to Rs. 82 is expected in the coming trading sessions. The recommendation is to buy NIITLTD shares at Rs. 76.25, with a stop loss of Rs. 73 and target of Rs. 82.
The document recommends buying EQUITAS stock at 149.50 with a stop loss of 144 and target of 159 based on a technical analysis. It notes that the stock has formed a double bottom pattern indicating a bullish reversal. Momentum indicators like RSI show a positive signal, and the stock is expected to move above its 21 day moving average. Based on these factors, further upside movement of the stock to 159 is expected.
This document provides a technical analysis of GICHSGFIN stock. It recommends buying the stock at Rs. 210 with a stop loss of Rs. 199 and target of Rs. 232. The analysis notes that the stock found support for the fifth time at a certain level and formed a base. It also reversed from support as seen by a positive candlestick pattern. The momentum oscillator RSI also reversed from support and crossed above its average line, indicating an upward momentum. On longer time frames, the stock is forming a bullish hammer candlestick pattern.
This document provides a technical analysis of JSWENERGY stock with the following key points:
- The stock has broken out of a symmetrical triangle pattern and moved above its 100-day moving average, which are bullish signals.
- Volume has been gradually increasing over the past 5 days, and the RSI momentum indicator is rising, indicating increasing momentum.
- Based on these technical factors, the analysis recommends buying JSWENERGY with a target price of 76 and stop loss of 69.
The document provides a technical analysis and recommendation for the stock EVEREADY. It summarizes that:
1) The stock has formed a rounding bottom pattern indicating steady accumulation at lower levels.
2) The stock has breached previous resistance areas, showing that demand has absorbed supply pressure.
3) The stock is trading above short and long-term moving averages, demonstrating positive momentum.
4) Based on this technical analysis, the stock is expected to reach Rs. 272 in the next few trading sessions.
The document provides a technical analysis and recommendation for buying shares of INDOCOUNT at 183.70 per share. Key points include:
- INDOCOUNT and the textile sector are in strong uptrends on larger timeframes.
- The stock has rebounded from a 50% retracement level of its previous rise, indicating an intermediate correction is over.
- On shorter timeframes, the stock has breached previous highs and is trading above short and long term moving averages.
- A strong bullish candlestick pattern is forming with rising volume, signaling bullish participation.
- Based on the analysis, the stock price is expected to rise further to a target price (TGT) of
This document recommends buying shares of Dishman Pharma at 178 with a target price of 190 based on technical analysis. It notes that the pharma sector saw broad buying today and Dishman Pharma was one of the gaining stocks. The stock has formed a base around its 21 day moving average and moved above, validating a positive short term bias. On intraday charts, the stock has breached its upper consolidation band, which can be seen as a continuation of the trend. Based on this analysis, the document expects the stock to reach 190 in the next few trading sessions.
The document recommends buying PETRONET shares at Rs. 291.1 per share. It notes that the stock is in a structural bull phase and has formed new all-time high levels, indicating strong relative strength. The momentum oscillator RSI has also crossed its previous high and is operating above its average line. Based on this technical analysis, the document expects the stock price to rise further to Rs. 305 per share in the coming trading sessions.
- The document recommends buying TORNTPOWER stock based on a technical analysis. It cites an inverted head and shoulder pattern breakout on the higher time frame chart and consolidation on the daily chart as bullish signals.
- Volume activity has increased after the consolidation phase, and the RSI momentum oscillator has found support at a previous resistance level, indicating more upside potential for the stock.
- The target price given is Rs. 250, with support at Rs. 215 and the current price being Rs. 229.
The document provides a technical analysis and recommendation to sell ADANIPORT futures at 259.7, with a stop loss of 264 and target of 247. The analysis notes that the stock has faced resistance at a horizontal line, formed a pattern of lower highs and lower lows indicating a negative short-term trend, and has breached its intraday consolidation band on the lower side. The RSI momentum oscillator has also breached its lower band. Based on this technical analysis, a mild decline in the stock price can be expected.
- The stock CAPF is in a strong positive movement after a brief negative period and is rising again.
- It is trading above its short and long term moving averages, demonstrating strength across all timeframes.
- The RSI momentum oscillator found support at 58, an area that previously signaled reversals of corrections, and further movement of the stock to 590 is expected in the next few trading sessions based on the analysis.
The document recommends buying shares of Bharat Forge at Rs. 953.25, with a stop loss of Rs. 928 and target price of Rs. 1020. It notes that the stock has formed a strong base on higher time frames, indicating an end to its short-term correction. The stock has broken out of its mild corrective phase at current levels and is resuming its previous upward trend. The stock continues to find support at its 21-day moving average, signaling positivity in the near term. Positive Directional Indicator is also nearing dominance, suggesting further upward movement to Rs. 1020.
This document provides a technical analysis of ZEEL stock and recommends selling it short in January futures. It notes that ZEEL formed a double top pattern and dark cloud cover, both negative indicators. The stock is also breaking below its 21-day moving average and momentum oscillator RSI is reversing from an overbought range. Given these technical factors and market conditions, further downside is expected. The recommendation is to short sell ZEEL futures at 417.75 with a stop loss of 423.2 and target of 406.5.
The document provides a technical analysis and recommendation to sell ACC futures at 1422 with a stop loss of 1447 and target of 1370. Key points from the analysis include that the stock has faced resistance at the 50% retracement level and 21 day moving average. The RSI momentum oscillator has also fallen below its average line, indicating a potential further decline in the stock price to 1370.
The document provides a technical analysis and recommendation to buy NTPC stock at 137 with a stop loss of 134 and target of 143. It notes that NTPC has formed a bullish candlestick pattern and taken support at its 100-day and 250-day moving averages, indicating a potential reversal and further upward movement. The analysis recommends expecting NTPC's price to move up to 143 based on these technical indicators.
The document analyzes technical indicators for HDFC Ltd stock. It notes that earlier resistance had turned to support, and the stock found multiple support at a horizontal line. A bullish engulfing candle validated this support line. The stock has also crossed its 21-day moving average and momentum oscillator RSI shows increasing internal momentum. Based on this technical analysis, further upside for the stock is expected up to a resistance level of 1320. The document recommends buying HDFC Ltd at 1218-1205 with a stop loss of 1160 and target of 1320.
The technical analysis of the zinc market suggests prices will likely drift lower. Prices have found resistance near the middle Bollinger band, formed a bearish candlestick near the 50% retracement level, and the super trend and RSI indicators show a downward trend and lack of momentum. On an hourly timeframe, the RSI has formed a negative reversal. Based on this technical setup, prices are expected to fall toward 103.8 as long as they remain below resistance at 114.8. The analyst recommends selling zinc at 110.35 with a stop-loss of 114.8 and target price of 103.8.
This document provides a technical analysis and recommendation for VIPUL LTD stock. It summarizes that:
1) The stock has shown positive momentum and doubled from its lows, indicating an ongoing uptrend.
2) An intermediate correction ended at the 50% retracement level, an important support point.
3) The stock has formed a base at this support level and taken support from its 21 day moving average, indicating further upward movement.
4) Based on this analysis, the stock price is expected to reach 98 levels in the next few trading sessions.
The document recommends buying shares of SURYALAXMI at 152 with a target price of 172 within the next few trading sessions. It notes that the textile sector has been rising, SURYALAXMI has been moving higher the past two sessions and rising above short and long term moving averages. Volume has also been picking up the past couple days. The analysis indicates the stock could reach 172 based on these positive technical indicators.
The document recommends buying RCOM stock at Rs. 50.80 with a stop loss of Rs. 48.5 and target of Rs. 54 based on technical analysis. On the weekly chart, RCOM has formed a double hammer pattern and twizzer bottom, indicating buying interest. On the daily chart, the stock has broken out of a consolidation phase. It has also moved above its 21-day moving average. Volume has increased over the past couple of days. Based on these factors, the document expects the stock to move upwards to Rs. 54.
The document provides a technical analysis and recommendation to buy shares of NIITLTD. It summarizes that the stock has broken out of a previous supply level and is testing this breakout level, showing a positive reversal signal. Momentum indicators like the RSI are rising above average levels. Based on this technical analysis, further upside in the stock price to Rs. 82 is expected in the coming trading sessions. The recommendation is to buy NIITLTD shares at Rs. 76.25, with a stop loss of Rs. 73 and target of Rs. 82.
The document recommends buying EQUITAS stock at 149.50 with a stop loss of 144 and target of 159 based on a technical analysis. It notes that the stock has formed a double bottom pattern indicating a bullish reversal. Momentum indicators like RSI show a positive signal, and the stock is expected to move above its 21 day moving average. Based on these factors, further upside movement of the stock to 159 is expected.
This document provides a technical analysis of GICHSGFIN stock. It recommends buying the stock at Rs. 210 with a stop loss of Rs. 199 and target of Rs. 232. The analysis notes that the stock found support for the fifth time at a certain level and formed a base. It also reversed from support as seen by a positive candlestick pattern. The momentum oscillator RSI also reversed from support and crossed above its average line, indicating an upward momentum. On longer time frames, the stock is forming a bullish hammer candlestick pattern.
This document provides a technical analysis of JSWENERGY stock with the following key points:
- The stock has broken out of a symmetrical triangle pattern and moved above its 100-day moving average, which are bullish signals.
- Volume has been gradually increasing over the past 5 days, and the RSI momentum indicator is rising, indicating increasing momentum.
- Based on these technical factors, the analysis recommends buying JSWENERGY with a target price of 76 and stop loss of 69.
The document provides a technical analysis and recommendation for the stock EVEREADY. It summarizes that:
1) The stock has formed a rounding bottom pattern indicating steady accumulation at lower levels.
2) The stock has breached previous resistance areas, showing that demand has absorbed supply pressure.
3) The stock is trading above short and long-term moving averages, demonstrating positive momentum.
4) Based on this technical analysis, the stock is expected to reach Rs. 272 in the next few trading sessions.
The document provides a technical analysis and recommendation for buying shares of INDOCOUNT at 183.70 per share. Key points include:
- INDOCOUNT and the textile sector are in strong uptrends on larger timeframes.
- The stock has rebounded from a 50% retracement level of its previous rise, indicating an intermediate correction is over.
- On shorter timeframes, the stock has breached previous highs and is trading above short and long term moving averages.
- A strong bullish candlestick pattern is forming with rising volume, signaling bullish participation.
- Based on the analysis, the stock price is expected to rise further to a target price (TGT) of
This document recommends buying shares of Dishman Pharma at 178 with a target price of 190 based on technical analysis. It notes that the pharma sector saw broad buying today and Dishman Pharma was one of the gaining stocks. The stock has formed a base around its 21 day moving average and moved above, validating a positive short term bias. On intraday charts, the stock has breached its upper consolidation band, which can be seen as a continuation of the trend. Based on this analysis, the document expects the stock to reach 190 in the next few trading sessions.
The document recommends buying PETRONET shares at Rs. 291.1 per share. It notes that the stock is in a structural bull phase and has formed new all-time high levels, indicating strong relative strength. The momentum oscillator RSI has also crossed its previous high and is operating above its average line. Based on this technical analysis, the document expects the stock price to rise further to Rs. 305 per share in the coming trading sessions.
- The document recommends buying TORNTPOWER stock based on a technical analysis. It cites an inverted head and shoulder pattern breakout on the higher time frame chart and consolidation on the daily chart as bullish signals.
- Volume activity has increased after the consolidation phase, and the RSI momentum oscillator has found support at a previous resistance level, indicating more upside potential for the stock.
- The target price given is Rs. 250, with support at Rs. 215 and the current price being Rs. 229.
Thomas Cook stock is expected to rise further based on technical analysis. The stock terminated its correction at the 38.2% retracement level and has since risen, breaking above a downward trendline. It has consolidated gains in a tight range recently. Its latest upward move indicates bulls have returned and the price may rise further to Rs. 235 over the next few trading sessions.
1) The stock ALANKIT has seen a significant rise in price over the past couple of months, reaching an all-time high in the recent trading session by forming an ideal continuation pattern called a flag pattern.
2) The bulls have taken a pause over the past few trading sessions but have generated enough momentum to push the stock to a new high.
3) The enthusiasm of the bulls and a positive reversal in the RSI indicator suggest that further upside in the stock's price can be expected.
The document provides a technical analysis of SUTLEJTEX stock and recommends buying it. It notes that the stock has broken out of a downward trendline and is supported by its 21 day moving average. Momentum as measured by the RSI is rising above average. Based on this technical analysis, the document forecasts that the stock price will rise to 620 levels in the next few trading sessions.
This document recommends buying FSL stock at Rs. 45.65 per share, with a stop loss of Rs. 42 and target of Rs. 52. It analyzes technical indicators that signal the stock is in an upward trend, including forming a positive Cup & Handle pattern, breaching previous reversal areas with high volume, and a sustained RSI above average. Given these factors, it expects the stock to rise to Rs. 52 in the next few trading sessions.
HINDPETRO is recommended as a buy based on technical analysis. The stock found support at around 800 levels during its consolidation phase and formed a strong bullish candle with increased volume, indicating a resumption of buying. The RSI momentum oscillator has also taken support at a previous reversal area. Based on these factors, further upward movement of the stock to 872 is expected.
The document provides a technical analysis of BHARATFIN stock. It summarizes:
1) On daily charts, BHARATFIN has formed a bearish engulfing candlestick pattern indicating downside movement.
2) The stock has been trading below its 50-day moving average of 685.45, showing a medium-term downward trend and potential for further declines.
3) Volume has not supported recent price rises, suggesting weak buying interest during upticks.
The analysis recommends selling BHARATFIN futures at 623.50 with a stop loss of 638 and target of 560 based on the bearish technical indicators.
- The document recommends buying Cyient stock at Rs. 435 with a stop loss of Rs. 420 and target of Rs. 465 on January 21st, 2016.
- Technical indicators like momentum oscillator RSI and volume are showing the stock is rebounding from an oversold position and momentum is building.
- On intraday timeframes, there is positive divergence on the daily chart indicating further upward momentum. Price is sustaining above the 21 hour moving average with above average volume, signaling an upward move in the near term.
This document recommends buying shares of PETRONET in the Indian stock market. It provides analysis indicating the stock price has formed a strong bullish candle and has potential to rise further to Rs. 325 based on sustained positive trends of higher highs and higher lows. The document establishes a buy limit of Rs. 312.40 and stop loss of Rs. 304, with upside target price of Rs. 325. It concludes the stock is likely to continue its uptrend based on positive directional indicators dominating.
The document summarizes a technical analysis of UPL stock. It states that the stock has broken out of a symmetrical triangle pattern and engulfing bullish pattern, indicating upside potential. Momentum indicators also show a positive signal. Based on the technical analysis, it recommends buying UPL at 555 or up to 540 with a stop loss of 515 and target of 650.
The document provides a technical analysis and recommendations for selling Mindtree stock in January futures. It summarizes:
1) Mindtree stock had formed a triple top pattern and shooting star candlestick pattern at resistance, indicating higher chances of a bearish reversal.
2) Volume had increased at the reversal point, which could signal distribution.
3) The RSI momentum oscillator was reverting from resistance and had broken below its average line, further indicating a potential downtrend.
4) Based on the technical patterns and indicators, the analyst recommends selling Mindtree in January futures with a stop loss of 1520 and target of 1430.
The document provides a technical analysis and recommendation for the stock HEXAWARE. It summarizes:
1) The stock has formed a potential triple bottom pattern, which is a bullish formation, and has formed a strong bull candle validating the bullish pattern.
2) The momentum oscillator RSI has come out of oversold territory and is rising above its average line.
3) Based on the bullish technical indicators, the analysis recommends buying HEXAWARE at 217.2 with a stop loss of 209 and expects the stock to reach a target price of 230.
This document provides a technical analysis of Polaris stock with the following key points:
1) Polaris stock has protected its lows and given a positive breakout, indicating momentum is increasing.
2) It has shown an ascending triangle breakout pattern signaling further upward movement.
3) Support has continued at the 21 day moving average.
4) The momentum oscillator RSI has broken out of its previous upper band adding to the positive outlook.
5) Rising volume accompanies the positive breakout.
The document provides a technical analysis and recommendation for the stock TRIGYN. It summarizes that:
1) The stock has formed a higher high and higher low pattern indicating a structural positive move.
2) The stock has taken support at a previous base area showing a change in trend.
3) Volume is expanding at the current level showing rising interest in the stock.
4) Based on the technical factors, further movement of the stock is expected up to a target price of 132.
This document recommends buying HINDOILEXP stock at 72.90 with a stop loss of 70.50 and target of 78 based on technical analysis. The stock has formed a strong base, selling intensity has reduced, and it is supported by its 100 day moving average. A hammer candlestick pattern indicates potential for further upside movement to 78 in the next few trading sessions.
1. As per view given by Mr. Sumeet Bagadia (Associate Director in Choice Equity Broking Private
Limited) on ET NOW – 25.08.14
Silver Rs. 42800 Target Achieved.....
To view, please click on the link given below:
https://www.youtube.com/watch?v=HuMhQd0o0G8list=UUCqVPMZyf5OM2cdIgk8JZxg
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This is solely for information of clients of Choice India and does not construe to be an investment
advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your
responsibility alone and Choice India its subsidiaries or its employees or associates will not be liable
in any manner for the consequences of such action taken by you. We have exercised due diligence in
checking the correctness and authenticity of the information contained in this recommendation, but
Choice India or any of its subsidiaries or associates or employees shall not be in any way responsible
for any loss or damage that may arise to any person from any inadvertent error in the information
contained in this recommendation or any action taken on basis of this information. Technical analysis
studies market psychology, price patterns and volume levels. It is used to forecast future price and
market movements. Technical analysis is complementary to fundamental analysis and news sources.
The recommendations issued herewith might be contrary to recommendations issued by Choice India
in the company research undertaken as the recommendations stated in this report is derived purely
from technical analysis. Choice India has based this document on information obtained from sources
it believes to be reliable but which it has not independently verified; Choice India makes no guarantee,
representation or warranty and accepts no responsibility or liability as to its accuracy or
completeness. The opinions contained within the report are based upon publicly available information
at the time of publication and are subject to change without notice. The information and any
disclosures provided herein are in summary form and have been prepared for informational purposes.
The recommendations and suggested price levels are intended purely for trading purposes. The
recommendations are valid for the day of the report however trading trends and volumes might vary
substantially on an intraday basis and the recommendations may be subject to change. The
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achieve any targeted rates of return, and there is no guarantee against the loss of your entire
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of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.