05:32
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Eveready Inds – Stock is making a flag pattern on the daily chart after a furious run up from lower levels of 190 to 220. This consolidation makes it healthy for the next leg of upmove with a target of 225 and Sl of 200
DCM ShriRam – Stock has given a breakout from a short term sideways correction on the daily chart. A pin-bar pattern was seen yesterday and post that we have seen a buying follow up. This indicates we may see some bullish move in the short term with a target of 505 and SL of 445.
NBCC – Stock has given a breakout from a double bottom pattern on the daily chart with much higher volume and closing above resistance. We expect this breakout to be decisive and take stock much higher to levels of 69 – 72 with SL of 61
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Posted in: Indian Market Tips
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