Bullish Patterns
SIGACHI Nice Swing Opportunity!!!Chart pattern suggests a good swing opportunity in SIGACHI INDUSTRIES !!!
Reasons
1. Breakout with Extra ordinary volume
2. Low & Higher Low gives a clue about bulls entry into Sigachi !!
3. Target & SL levels mentioned @ chart
4. Best SL- 280
Let's see how it moves!!!
Fundamentally, Good stock(parameters showing it) and improving cashflow!!!
NOTE - Just sharing my view....not a tip nor advice!!!!
Manappuram Finance - Daily - cmp 116Stock has made an inverted head and shoulders pattern on daily charts.
Plus there is a golden crossover on daily charts. Bullish sign.
(Lets see if it holds the pattern and indications)
Above neckline of 126
Targets can be 132-139-146
SL - daily closing below 107
Alwasy trail your profits.
*This is just a view. trade on your own risl
Triangle pattern Breakout in SAILTriangle pattern Breakout in SAIL
From the past 2 years stock was in a down trend forming triangle pattern. Finally it has given breakout from this down trend on 02/01/23 with good volume. In todays trading session price has managed to close above breakout candle. We can expect a decent uptrend in coming days.
All possible targets are marked on the chart. Maintain strict stop loss at 72.5
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do
Balrampur Chini - Daily CMP 394Flag and Pole + Bullish Penant pattern.
Respecting the 50 MA line
Targets of 414-430-450 canbe achieved on breakout.
Keep SL below the demand zone or a closing below 50 MA line.
If breakdown, then short targets can be 380-368-360
Undercurrent is bullish.
*Always trail your profits.
*This is just a view, trade at your own risk.























