Breakout Stocks: How to trade Bharat Electronics, City Union Bank and APL Apollo Tubes that hit fresh 52-week high? – Market Summary
Recently, the stock gave a breakout from a wedge pattern on the weekly time frame. It is expected to move up by another 15–18% in the medium term. Support now stands in the Rs 1700–1650 zone. The RSI is yet to enter the super bullish zone on the weekly time frame. (Disclaimer: Recommendations, suggestions, views, […]
Technical Breakout Stocks: How to trade NESCO, Cochin Shipyard and BEL on Wednesday
Indian market closed in the green on Tuesday for the third day in a row. The S&P BSE Sensex rallied over 200 points while the Nifty50 closed above 21,400 levels.Sectorally, buying was seen in utilities, public sector, oil & gas and energy stocks while selling was seen in IT and smallcap stocks. Stocks that were […]