Technical breakout

Sangam (India) Ltd:- Date: 26/12/23  

BSE: 514234 NSE : SANGAMIND

Cmp Price ₹ 454.05     Stop Loss ₹ 444

Remarks : Tripple Top Bo seen 20% UC.

Rsi : 71.98 – weekly  

Bharat Dynamics Ltd:-    Date: 26/12/2023         

 BSE: 541143 NSE : BDL

Cmp Price ₹ 1571.25   Stop Loss ₹ 1539

Remarks : Strong Defence stock in up move. Weekly ATH break out also seen with good volume and momentum likely to continue. Earlier call was on 18/12/23  @ 1529.25

Rsi : 83.22  Over bought zone. 

Bharat Electronics Ltd:-    Date: 26/12/2023       

 BSE: 500049 NSE : BEL

Cmp Price ₹ 174.80     Stop Loss ₹ 165

Remarks : One of best defence strong wealth created , up move continue with constant order from Government in defence sector.

Rsi : 75.00

(Disclosures: At the time of writing this article, author, his clients & dependent family members may have positions in the stocks mentioned above. The author, his firm, his clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested interest obviously in their going up or down as the case may be.

Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable & authenticated sources believed to be true & correct, and also is technical analysis based on & conceived from charts. Investors should take their own decisions. We assume no responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody. Investors must take advice from their financial advisors before investing in any stocks.)

 

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