Laurus Labs Ltd. develops and manufactures active pharmaceutical ingredients for therapeutic areas. Let’s see what charts have to say. In the monthly chart, we can see that stock’s all time support level is between 270 – 290. After taking support in Apr 2023, It bounced and now trading at 330. So now what should we […]
Laurus Labs – Time to accumulate ? Read More »
Today lets talk about BPCL. Lets first look the weekly chart. Chart indicates that the stock has strong support zone from 300 – 322. In Feb 2023, it took support and started going up. There is a triangular resistance line and small resistance zone between 351 – 356. Now as we can see the stock
Today we are analysing Havells Stock. In weekly chart we can clearly see that its support zone is near 1060 and it bounced everytime it came down to that support level. Last time in Dec 2022, it took the support and now slowly moving up. We can also see that its inside a triangle. Its
Havells India – What to do ? Read More »
IDFC FIRST Bank is a private sector bank in India and growing rapidly. Let’s do technical analysis of this stock. First, let’s look its monthly chart. If we look its move from June 2022, we see that after falling till 29, it took support zone and started moving up month on month. Till Nov –
IDFC First Bank – Looking Bullish ? Read More »
Let’s see the chart of Hindustan Aeronautics (HAL). In chart, we can see that its all time support zone is somewhere 2400 – 2420. On 19th Jan, it took support on it and formed a green candle. The very next day, it formed a good green candle and gave a break-out with a solid green
HAL – Looking strong Read More »
Max Financials Services Ltd. (MFSL) started falling since July last year after hitting ATH of 1148 and it kept falling till Dec 22. Now this year it started going up and gave a break-out which is clearly visible in chart. Now, what to do? Can we enter long in this? I would say wait and
MFSL Breakout – Wait for entry… Read More »
Today let’s analyse JK Lakshmi Cement. This stock is currently trading at 738.20. First look at the weekly chart. As we can see in weekly chart, it formed a nice price action. After breaking the resistance of 527, it took support (or may call – it retested) and then started to move up. After hitting
JK Lakshmi Cement – Looking bullish? Read More »
Let’s do technical analysis of BPCL stock. In its weekly chart, we can see that its all time support zone is somewhere between 300 – 322. It hit that support, immediately bounced from there, took support on it and now planning to goo up. The next visible target for short term of 3-6 months is
BPCL – Bounced from support Read More »
Let’s look the Adani Green chart. In weekly chart you can clearly see that it was trading in a triangle from long and now it has given the break-out. This break-out also has good volume. So when to enter in it? Let’s see the daily chart. In daily chart, we can see that it has
Adani Green – Getting ready for entry Read More »
Time to analyse Reliance Industries. First let’s look the weekly chart. As we can see in weekly chart, its moving in a parallel channel from long time. Also we can see that it has a resistance zone above 2752. Right now its taking support at the lower line of channel. If support works, it will
Reliance Ind – Will it take support? Read More »
