Arihant Superstructure
Stock is looking good on charts for investment purpose. In long term we expect stock to test 300-350. Pattern : Bullish Flag as well as ABCD harmonic pattern on long term (weekly/month) charts. Have a look at chart :
Gandhi Special Tubes Ltd.
With formation of rounding bottom as well as inverted Head and Shoulder pattern stock is looking great for investment with short term targets of 480-500 and 550-600 in medium to long term. Stock is trading above all major moving averages with fresh crossover of 50dMA (short term)above 100dMA(long term). Best entry will be @450. Have a look at chart:
KPIT Tech
Stock has great potential and has given breakout from falling trendline in Friday trade. Stock has also broken neckline of inverted Head and Shoulder pattern. Trade long for another 5-7 percent move in coming days. Stock is already trading above all major moving averages, and has also shown crossover of 50dMA above 100dMA. Major Technical indicators such as ADX, ROC, RSI, William %R also also indicating buying interest in this stock. Have a look at daily chart :
BEL
Long was advised on tweeter when stock was at 245 (15-7-2022) with targets of 280+, Now stock has already tested 333+ levels and showing tiredness. Profit booking is advisable on trading and sustaining below 325 with initial target of 315-307.
