Trade Ideas Equities

Nov 02, 2024

Cardinal Health, Inc. operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally.
The above daily chart formed an approximately 5-month-long Cup & Handle chart pattern as a bullish continuation after an uptrend.
The horizontal boundary at 115.8 levels acts as a resistance within this pattern.
A daily close below 119.27 levels would validate the breakout from the 5-month-long Cup & Handle chart pattern.
Based on this chart pattern, the potential price target is 142.5 levels.
CAH, classified under the "healthcare" sector, falls under the “Large Cap - Value” stock category.

Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services.
The above daily chart formed an approximately 4-month-long H&S bottom chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 129 levels acts as a resistance within this pattern.
A daily close above 132.87 levels would validate the breakout from the 4-month-long H&S bottom chart pattern.
Based on this chart pattern, the potential price target is 172.9 levels.
JBL, classified under the "technology" sector, falls under the “Large Cap - Growth” stock category.

Godrej Properties Limited, together with its subsidiaries, engages in the real estate construction, development, and other related activities in India.
The above daily chart formed an approximately 2-month-long rectangle chart pattern as a bearish reversal after an uptrend.
The horizontal boundary at 2834 levels acts as a resistance within this pattern.
A daily close below 2749 levels would validate the breakdown from the 2-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 2350 levels.
GODREJPROP, classified under the "real estate" sector, falls under the “Mid Cap - Income” stock category.

Jindal Steel & Power Limited operates in the steel, mining, and infrastructure sectors in India and internationally.
The above daily chart formed an approximately 4-month-long rectangle chart pattern as a bearish reversal after an uptrend.
The horizontal boundary at 893.95 levels acts as a resistance within this pattern.
A daily close below 867.14 levels would validate the breakdown from the 4-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 748 levels.
JINDALSTEL, classified under the "basic materials" sector, falls under the “Large Cap - Value” stock category.

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide.
The above daily chart formed an approximately 3-month-long rectangle chart pattern as a bullish reversal after a downtrend.
The horizontal boundary at 142.52 levels acts as a resistance within this pattern.
A daily close above 146.8 levels would validate the breakout from the 3-month-long rectangle chart pattern.
Based on this chart pattern, the potential price target is 160 levels.
AIR, classified under the "industrials" sector, falls under the “Large Cap - Value” stock category.

ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi engages in the research, development, engineering, production, testing, assembly, integration, sale, after sales support, consultancy, and trading of software, equipment, systems, tools, materials, and platforms in Turkey and internationally.
The above daily chart formed an approximately 6-month-long symmetrical chart pattern as a bullish continuation after an uptrend.
A daily close above 67.88 levels would validate the breakout from the 6-month-long symmetrical chart pattern.
Based on this chart pattern, the potential price target is 87.3 levels.
ASELS, classified under the "industrials" sector, falls under the “Mid Cap - Value” stock category.

Anadolu Anonim Türk Sigorta Sirketi offers non-life insurance products in Turkey. The company primarily provides motor, fire, health, travel, personal accident, marine, engineering, agriculture, legal protection, and credit insurance products.
The above daily chart formed an approximately 2-month-long ascending triangle chart pattern as a bullish reversal after an uptrend.
The horizontal boundary at 83.8 levels acts as a resistance within this pattern.
A daily close above 85.8 levels would validate the breakout from the 6-month-long symmetrical chart pattern.
Based on this chart pattern, the potential price target is 99 levels.
ANSGR, classified under the "financial services" sector, falls under the “Small Cap - Income” stock category.