Mayur Uniquoters, part of the leather products industry, rose by about 10% in a month to hit a fresh 52-week high last week in August and the chart pattern suggests that the upside may not be over yet. Short-term traders can look to buy the stock for a target above Rs 700 in the next … Read more
Wipro, part of the IT industry, has been consolidating in a narrow range for the past few weeks and is now trading close to the breakout zone of an inverse head & shoulder pattern on the daily charts. Short-term traders can look to buy the stock now for a possible target of Rs 500 in … Read more
Polycab India, part of the wire and cable industry, rallied by more than 40% in just 3 months which pushed the stock to fresh record highs last month and also registered a breakout from a ‘flag’ pattern on the daily charts. Short-term traders can look to buy the stock for a target above Rs 5,000 … Read more
Jindal Worldwide, the textile product maker, rose more than 20% in a week which helped the stock to breakout from a symmetrical triangle formation on the weekly charts. Short-term traders can look to buy the stock now or on dips for a possible target of Rs 475 in the next 3-4 weeks, suggest experts. The … Read more
Firstsource Solutions, part of the services industry, rose more than 15% in a month to hit a fresh 52-week high last week and the chart structure suggests that the momentum is here to stay. Short-term traders can use dips to buy the stock for a target of Rs 175 in the next 3-4 weeks, suggest … Read more
New-age fintech firm PB Fintech (the parent company of Policybazaar), which dropped more than 70% from its all-time highs post listing, has managed to recoup some losses in the last 7-8 months and chart pattern suggests that there is further upside. The stock which hit a high of Rs 1,470 on 17th November 2021 failed … Read more
Oberoi Realty, part of the realty space, gave a breakout from a ‘rounding bottom’ pattern on the daily charts last week which has opened room for the stock to head towards Rs 1,200 levels, suggest experts. The stock broke out from the neckline of the rounding bottom pattern on 27th July 2023 which was placed … Read more
Linde India, part of the chemical industry, has rallied by about 18% in the last 3 months to hit a fresh record high in July and the chart patterns suggest that the rally in the stock price could take the stock above Rs 5,000, a new record high. The stock rose from Rs 3,897 as … Read more
Life Insurance Corporation of India (LIC), part of the life insurance sector, didn’t have a good run post its listing in May 2022 but a recent breakout from an inverse head & shoulder pattern as well as its falling trendline since its IPO gives an indication that bulls could take control. The stock fell more … Read more
Zensar Technologies, part of the IT sector, has more than doubled investors’ wealth in the last 6 months to hit a fresh 52-week high in July 2023 and the chart structure suggests that the rally may not be over yet. The stock rose from Rs 216 recorded on January 17th, 2023, to Rs 438 as … Read more