Tuesday, December 13, 2022

Polycab India : Breakout of Flag Pattern

 Polycab India : Breakout of Flag Pattern

Polycab India Buy CMP @ 2942 till 2900

Expected Targets : 3250 - 3550 - 3800

Advisable Stop Loss @ 2780



Brightcom Group : Technical Outlook

 Brightcom Group : Technical Outlook

Brightcom Group Buy CMP @ 34.50

Expected Targets :65 - 95 - 120

Advisable Stop Loss @ 20



Madhav Copper : Technical Outlook

 Madhav Copper Buy CP @ 35.5 

Expected Targets @ 65 - 85 - 110

Advisable Stoploss @ 29


Bajaj Hindustan Sugar : Technical Outlook

 Bajaj Hindustan Sugar Buy CMP @ 15.5 till 14

Expected Targets : 25 - 40 

Advisabel Stop Loss @ 8 : RD



SBIN : Bullish Pennant Pattern Breakout

 SBIN : Bullish Pennant Pattern Breakout @ 620

SBIN Buy Above 620 

Expected Targets : 680 - 720

Advisable Stop Loss @ 600



HDFC Bank : Bull Flag Pattern Formation

 HDFC Bank : Bull Flag Pattern Formation

Height of pole : 255 =(1640-1385)

Height of Flag : 50 = (1640 - 1590)

Trading Strategy

HDFC Bank Buy Above 1640

Expected Targets : 1740  - 1840 - 1890

Advisable Stop Loss @ 1590 closing basis


Central Bank : Technical Outlook

 Central Bank Buy CMP @ 34 till 30

Expected Targets : 50 - 65 - 80

Advisable Stop Loss @ 24



DIXON Technologies : Technical Outlook

 DIXON BUY CMP 4165 cmp till 4000

Expected Targets : 4400 - 4650

Advisable Stoploss @ 3900



HCC : Technical Outlook

 HCC Buy Above 21

Expected Targets : 30 - 40

Advisable Stop Loss @ 15



BHEL : CUP & Handle Breakout @ 80

 BHEL : CUP & Handle Breakout @ 80

Height of Cup = 60 (80-20) & Handle = 35 (80-45)

BHEL BuyCMP @ 87 till 82 

Expected Targets : 115 - 140

Advisable Stop Loss @ 70