A bullish reversal pattern has developed over the past week on GUJALKALI at the demand line. It is clear that the selling volume has been exhausted and the bullish volume is rising. The area where the stock is currently struggling has previously served as a support / resistance zone and has been tested numerous times.
At the current price, we can plan a buy trade...
Stock Name - Alkali Metals Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 128
#This is not Buy and Sell recommendation to any one. This is for education...
Daily Chart
#TATAPOWER
NSE: TATAPOWER
Short Term Quick Profit
CMP 113.35
Target : 127.75
SL : 107
Timeframe < 30 Days
Can hold for longer time
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is a lot more
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher...
Weekly Chart
#KOLTEPATIL
NSE: KOLTEPATIL
CMP 247.15
Target 1: 268
Target 2: 287
SL 226
RR Ratio > 2
Time Frame < 30 D
The BONUS:
The stock is picked up not for this small target.
The Long Term Target is Rs . 350
This might take around 9-12 months from now.
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Factors:
Inverted Head & Shoulder Pattern...
