Stop Loss: Rs 800Target: Rs 960/1,000ASAHIINDIA is currently exhibiting a strong bullish setup, trading near the neckline of a Rounding Bottom formation on the daily chart. A decisive close above Rs 852, accompanied by strong volumes, would confirm the breakout and is likely to trigger the next leg of the uptrend.The stock is trading firmly … Read more
EID Parry is currently forming a Higher High, Higher Low structure, suggesting an ongoing uptrend. However, the stock has surged toward its rising trendline, which may act as a near-term resistance.Notably, the decline in volume during this price rise signals weakening momentum. The stock is trading 25% above its mean, while historically it tends to … Read more
The stock has given a breakout and a retest from its resistance level of 8,016. It has moved up 13% or Rs 923 from its last all-time high breakout of Rs 7,102. Since the stock has broken out, the potential targets are Rs 8,651 (T1) and Rs 9,516 (T2) in the coming days. Strong support … Read more
Stop Loss: Rs 2,500 Target: Rs 3,100-3,200BSE is currently trading at Rs 2,688 and has recently witnessed an inside bar breakout near key support levels, coupled with a price reversal from the 0.618 Fibonacci retracement zone. The breakout, supported by rising volumes, indicates growing investor interest and the potential for a strong trend reversal.The stock … Read more