This FMCG Alpha is looking good for a short run. On daily charts there is a rounding bottom formation. While on technical Indicator front 20 DEMA is crossing above 200 DEMA and RSI is trending bullish, which shows strength in the stock. Buy at 2608 with a targets of 2730 and Stop Loss of 2450.
This smallcap stock has formed rounding bottom on daily and weekly charts. MACD and RSI shows the bullish trend and could reach to all time high. But at 189 with a Stop Loss of 181 and targets of 220
M&M is showing indications of breakout on Daily charts. A moving average crossover is seen on daily charts, with 20 DEMA crossing above 200 DEMA showing indications of potential up-move in short run. Further, MACD has crossed the zero line showing strength for the up-move. One can enter the trade at 286 with a Stop Loss of 270. Target for short run will be 300 and...
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channels 📌 Symbol/Asset: Coforge 🔍 Description: Stock is making higher high and Lower high. Stock is in a Rising channel and we can see huge upside withing the channels. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Value undervalued company having very great financial figures after a great rally from 250 to 450 now again taking support at 200EMA . A Good Reward/Risk = 4:1 can be a great swing trade.
SAIL Breakout possible in Daily Chart view. :: Data Point :: Breakout Level : @91.50 (If daily close above the price) Target 1st : @96.00 Target 2nd : @102.00 Stoploss Level : @88.00 Note: SAIL Traded above 200 EMA. Channel Break happend in 2nd week of Nevember. Showing Good Volume. Previous 5 Days Avg. Delivery Percentage 43.86%.
+ Prior Uptrend + Time+price correction + key Ma's support + buy above diagonal resistance + SL can be the base of the breakout candle!
RBL BANK Weekly Chart Overview RBL Bank will be LONG run if its closing above @244.00 and sustain in weekly chart timeframe. :: Data Point :: Breakout Level: @244.00 Target 1: @268.00 Target 2: @326.00 Stoploss: @208.00 Note: -Price traded above 200 EMA. -Ascending Triangle Pattern created.
Chambal Fertiliser Weekly Chart Breakout Possiblility Chambal Fertiliser Breakout will be possible if this Stock Closing above @291.50 on weekly chart and sustain. :: Data Point :: Breakout Level: @291.50 Target 1: @312.00 (Fibo 23.6% Level) Target 2: @350.00 (Fibo 38.2% Level) Target 3: @382.00 (Fibo 50.0% Level) Stoploss: @260.00 It can be decline if Stoploss...
HFCL WEEKLY CHART BREAKOUT :: Data Point :: Breakout Level: @79.00 1st Target: @86.50 2nd Target: @93.50 Stoploss: @70.00 HFCL creating Triangle Pattern and about to breakout @79.00 If it's breaks @79.00 and sustain above the price then go for LONG Position. Note: Price already trade above 100 and 200 EMA with Good Volume.
19480-19460 played a vital role in Aug series and so did 19385 in the last 2 trading days. Directional trade can be taken once Nifty decisively breaks 21 day EMA or 50 day EMA. A few days back when Nifty closed below 50 day EMA, it bounced back immediately. Now again Nifty has broken the 50 day EMA on Expiry day. Is this a knee jerk reaction or is the...
Jublingrea has formed a beautiful upward channel and is rangebound with a buy at low sell at high and sell at high buy at low move. It has pulled towards trend line on low volume. This is a risky trade as if the lower trend line breaks, the move has come to an end hence I would suggest risking less than what you usually risk at first since risk to reward is 1:5...
BANKNIFTY seems to be forming a Head and Shoulders reversal pattern at its peak. If it breaches the neckline around 44500, a considerable downward movement could follow, potentially targeting the next support at 43300. The projected target of the H&S pattern hovers around the 42800 region. Adding to the bearish sentiment, both the 10 and 20 EMA are trending...
JUBILANT FOOD Breakout happening in Daily and Weekly Chart ::Data Point:: Breakout Level: @523.00 1st Target Level: @560.00 2nd Target Level: @598.00 StopLoss Level: @501.00 *** All Target Points as per Fibonacci Level. If this Stock achive 1st Target and sustain above @523.00 then you go for 2nd Target. ** Stock moving above EMA 200 & EMA 21 on Daily Chart....
BPCL has fallen over 9% on disappointing earnings.... that's the past Looking at the stock right now, we can see 1. It is falling on low volume towards the support zone = good bullish sign ( Since there is no selling in the market ) 2. It is present at a major support and trend line ( Supports hold in bull markets ) 3. Support from 200EMA = bullish sign We...
BANK OF INDIA Weekly Chart Breakout If BANK OF INDIA Daily chart close above @86.30 then go for Bullish run on Short Term Perspective. ::Data Point:: Potential Breakout Level: @86.30 (Entry Point) StopLoss Level: @76.50 ( approx. 10%) 1st Target Level: @101.50 (approx. 18%) 2nd Target Level: @110.00 (approx. 27%)
I analyze chart patterns, price-volume analysis, along with volume profile and avwap. Also check the momentum in daily and weekly charts. Finally make a risk-reward trade setup.