MGL-Retesting of multiyear ATH breakoutMGL is a PSU stock in gas distribution.
Stock had given good move after multiyear ATH breakout and is currently retesting the breakout.
A safe stock for long term investors available at reasonable valuations.(Not a recommendation)
The only risk with gas distribution stocks are margins are dependant on crude oil prices.
Flag
BSoft-ATH breakout retest of an investment stockNiftyIT sector is looking very weak as we have seen a breakdown of support.
BSoft is one smallcap IT stock which has big potential to grow in future.
Currently, stock is retesting its previous ATH and once stock goes above 650, a good swing trade can be initiated only if NiftyIT turns bullish.
If we see a fall in this stock and you are a long term investor, best price to accumulate this stock is between 490-520. Stock becomes extremely weak below 380.
Wockhardt - Flag Pattern Breakout Wockhardt is breakout from flag pattern and moving towards a target of 800+, ~60%upside. Other factors:
1. Volumes have again started picking up
2. RSI is above 60 on a daily basis
3. MACD is becoming positive
4. Dec quarter results are shows sign of getting better - Revenue has increased and loss has reduced
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!
IDFC BANKNSE:IDFC stock is waiting for flag pattern breakout. Buying entry is break and close above the flag pattern in day candle (around 128 rupees).
First Target is 140 to 145 rupees,
Second Target is 150 to 155 rupees,
Stoploss is close below the flag pattern.
ILong
Bullish flag at life time high...A bullish flag consolidation at life time high is very bullish sign. Currently breakout has not occurred.
It needs to be monitored.
I
Long Term view on #RTNINDIAThe analysis is for Long term where in it is showing potentials of reaching triple digit in coming years. (5,10,15)
### Price Movements:
1. **Current Price and Trend:**
- The current price is \(84.41\) INR, up by \(11.56\) INR (+15.87%).
- The stock is in a strong upward trend, as evidenced by the ascending price channel.
2. **Price Channel:**
- The price is moving within an upward channel. This channel indicates a long-term bullish trend.
- The top of the channel projects potentia
BATA_INDIACurrently BATA INDIA Trading around 1513 with Positive Note.
Strengths:- Stock closed positively in daily timeframe with Bullish retracement candle.
:- Pullback retracement after consolidation.
Negative Note:- Stock closed higher of 5.04 % , It may consolidate somedays ad give breakout for options traders.























