ABB looks a winner. The stock has today formed a "bullish engulfing pattern". The target for the stock is 820. The stoploss if you already have is 70 where the 20 day moving average of stock is situated.
Note - The Engulfing Line (Bullish) occurs when the Real Body for a price bar is larger than the Real body for the previous price bar. In addition, for an Engulfing Line (Bullish), the Real Body of the previous session must be Black (close lower than open) and the Real Body of the second session must be White (close higher than open).
ABAN - The chart is amazing. The stock has formed a "reverse head and shoulders pattern" (not copybook stuff). The stock can rally upto 3500-4000 on a longer term basis (say one year). The stock has given a confirmation of breakout on heavy volumes on wekkly charts. Stoploss -1250.
EDUCOMP - Nothing much to add in this. Stock is going through a sideways consolidation. A breakout above 4500 will show a target of 5100.
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