Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Chart Check: 20% rally in a month! This real estate stock is in a strong uptrend; time to buy?

Prestige Estate Ltd, part of the real estate sector, has rallied more than 20% in a month, and the chart structure suggests that bulls are here to stay. Short term traders can look to buy the stock on dips for a possible target of Rs 800-850 in the next 3-4 weeks, suggest experts. The stock … Read more

Chart Check: After 20% rally in a week, this textile stock breaks out from symmetrical triangle pattern; time to buy?

Chart Check: After 20% rally in a week, this textile stock breaks out from symmetrical triangle pattern; time to buy?

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

Chart Check: After 15% rally in a month, Firstsource Solutions hits a fresh 52-week high in August 2023; time to buy?

Chart Check: After 15% rally in a month, Firstsource Solutions hits a fresh 52-week high in August 2023; time to buy?

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

Chart Check: Oberoi Realty gives breakout from rounding bottom pattern; time to buy?

Chart Check: Oberoi Realty gives breakout from rounding bottom pattern; time to buy?

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

Chart Check: After 18% rally in 3 months, ascending triangle breakout makes Linde India an attractive buy

Chart Check: After 18% rally in 3 months, ascending triangle breakout makes Linde India an attractive buy

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

Chart Check: After 100% rally in 6 months, breakout from bullish flag pattern makes this IT firm a top buy

Chart Check: After 100% rally in 6 months, breakout from bullish flag pattern makes this IT firm a top buy

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

Chart Check: Bank of Baroda breaks out from rounding bottom pattern; where is the stock headed?

Chart Check: Bank of Baroda breaks out from rounding bottom pattern; where is the stock headed?

Bank of Baroda, part of the PSU space, rallied more than 20% in 3 months which helped the stock to breakout from a rounding bottom pattern on the weekly charts which has opened room for the stock to head towards Rs 240 level, suggest experts. The stock rose from Rs 166 recorded on April 10th, … Read more

Chart Check: Balkrishna Industries rallies 20% in a month! Time to add more or book profits?

Chart Check: Balkrishna Industries rallies 20% in a month! Time to add more or book profits?

Balkrishna Industries, part of the auto component industry, hit a fresh 52-week high last week in May 2023 but the rally might not be over yet, suggest experts. Short-term traders can look to buy the stock now or on dips for a possible target of Rs 3,000 in the next 2-3 months, they say. The … Read more

Chart Check: Descending triangle breakout makes Finolex Industries an attractive buy; target seen at Rs 230

Chart Check: Descending triangle breakout makes Finolex Industries an attractive buy; target seen at Rs 230

Finolex Industries, part of the capital goods industry, rose by about 14% in a month pushing the stock price to a fresh 52-week high in May and the chart patterns suggest that the rally may not be over yet. Traders can look to buy the stock for a target of Rs 230 in the next … Read more

Chart Check: DLF hits fresh 52-week high post breakout from rectangle pattern; time to buy?

Chart Check: DLF hits fresh 52-week high post breakout from rectangle pattern; time to buy?

DLF, part of the real estate industry, gave a breakout from a rectangle pattern on the weekly charts to hit a fresh 52-week high in April 2023 and has opened room for the stock to inch towards Rs 470 levels, suggest experts. The stock price hit a 52-week high of Rs 419 on 17 April … Read more