BeingNick

BeingNick Updated 

Scrip: Himadri Specialty Chemical Ltd (HSCL). Setup: Weekly Breakout above 2 years range Call: Buy Entry: 60-67 Stoploss: This is a positional and investment call for a few months. Stoploss needs to be determined as per risk profile. In case of a market crash, more positions can be added at lower levels in the range of 40-45. Target 1 - 85 Target 2 -...

BeingNick Updated 

Scrip - BHEL Setup : Start of Second Wave (Elliott Wave) for a Target of 82. Stoploss : 63. (I will be adding more to my position in case market crashes and will accumulate this stock at lower levels) Please be note, this is the first time I am publishing an idea following Elliott wave to see the viability of the concept and testing my understanding. I had...

BeingNick Updated 

Scrip Name: Sun Pharma Setup: 52 Week High / Breakout / Positional Trade in Uptrend Entry zone - 750 - 830 Support zone 1 (750 - More positions can be added in this zone if your risk allows), Support zone 2 - 650 Stoploss - Prices moving below 650 should wake us up Note: Sun Pharma Promoters has a pledging of 6.36%. Any increase in this (beyond 10% should be a...

BeingNick Updated 

Scrip: NMDC Current Trade Rationale : Bouncing from Support zone of 140-150 Setup: Investment Idea, More position can added in zone of 75-100 (In case of market sell-off), Target - 180. More positions can be added at lower levels. So do not put all the money in one go, buy 50% now. if able to ride the momentum, close the position on reaching target. If get...

BeingNick Updated 

Script : Coal India Setup : Trend Channel Breakout and Trending up Target 1 - 180 Time Period - 3 months This is an investment idea and positional call for 2-3 months. Coal India is currently trading at comfortable valuations PE - 7.14 Price to Book - 2.45 MCAP to Sales - 1x Note: I am not a SEBI registered Analyst, so please trade and invest based on your...

BeingNick Updated 

Scrip: GMDC - Long Idea - Target 100. Setup: Investment Idea and Re-entry. Tracking the Channel. Earlier had entered at 70 & exited at 81.5 = Booked 11.5 points (over 15% move in 20 days). Now, Re-entering at 75 for higher Targets of 100. Stoploss: This is an investment idea. Please decide, manage and adhere to stoplosses as per your risk profile. I will be...

BeingNick Updated 

Buy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%) Scrip: TCS Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period. Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen) The stock...

BeingNick Updated 

Security: Nifty (Sell on Rise) Trade Setup - H&S neckline broken decisively. So short call / more effectively traded through a December put option or a multi leg option strategy Trade: Short / Put buys / Sell on Rise / More effective if get to sell or take a buying Put option entry on a gap up bounce around 17100 / 17200 Stoploss: A wild bounce back in form of...

BeingNick Updated 

Scrip: Canara Bank Setup : Price at 52 week high, Chikou in open area, Ride the momentum for quick 10%-20% gains Entry : 185 - 195 Target - 225-228 range (20% gains) Stoploss: This is positional trade and determination of Stoploss should be based on ones risk profile. 150 should be good zone to add more to the position. Please note: I am not a SEBI registered...

BeingNick Updated 

Scrip Name: Indian Oil Corporation Setup : (Weekly Breakout Strategy) Entry - 115- 118 Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added). Target 1 - 130 Target - 2 - 140 Target 3 - 150 Time Period - 3 Months The Stock is also providing a good Dividend Yield.

BeingNick Updated 

Amara Raja Batteries - Positional Trade Idea - Buy Setup - Price Bouncing back from Support Zones & making a Higher high first time after being in downtrend Entry - 740 - 770 Buy Zone Target Price 1 - 800, Once crossed 840 can be seen as next achievable target (Target 2). Stoploss - Prices below 695 Ideally this is an investment idea and in case market...

BeingNick

Scrip : PNB Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels Target 1 - 55 Risk: Slightly Risky Trade as PSU bank Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite. A close below 35 could be a determined as a Stoploss level....

BeingNick Updated 

Scrip Name: BHEL Setup - Taking support from 200 DMA in Uptrend Entry - 55 - 60 Stop Loss - 51 Target - 70 Time Frame - 2-3 Months Currently the company is reporting losses from last 6 Quarters and falls in bit risky trade. So please have your checks and balances. Please trade based on your risk profile and analysis and Have strict stoploss in place.

BeingNick

Buy on Dips Investment Idea - Slowly add position at every support level, if it does come to these levels. Scrip : Hindustan Unilever Entry - This is an investment idea, buy on dips and add at every support levels. Support levels mentioned in the chart. Enter at 2650, 2500, 2300,2150. This is an investment idea for medium term to long term horizon. Giving...

BeingNick

Scrip - Rallis India Setup - Bouncing from support zone and closing above previous swing high Entry - 300 - 310 Target1 - 330-335 Rallis India is a Tata Group Company and is a Fundamentally strong counter. Ace Investor RJ & family also holds around 10% stake in the company. (This is an investment idea and in case market sees sell-off more position can be added...

BeingNick Updated 

Stock: Wockhardt Pharma Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce) Entry : 460-480 Stoploss - 440 Target 1 - 520 Target 2 - 580 Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade. Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was...

BeingNick Updated 

Entry - 308 Setup - Prices moving above previous LH Target 1 - 330 (3-4 weeks) Stoploss - This is a Investment Idea and more positions can be added in case prices dip further Please trade and invest based on your risk profile and knowledge.

BeingNick Updated 

Bandhan Bank - Breakout - Long Idea Entry 365, Stoploss - 349, Target 1 - 375, Target 2 - 400, Time Period - 2-4 weeks