shaumitagarwal

shaumitagarwal

Buy at 2525 Targets: 2880 | 3250 With a stoploss of 2450 (Risk of 3%) Falling wedge formation and breakout with a good consolidation and bounce from 200 day EMA

shaumitagarwal

Symmetrical pattern formation Long on break above 2038 for a target of 2250 Short if price breaks below 1965 for a target of 1750

shaumitagarwal

Market has been overbought for a while now and greed is high Head and shoulders pattern formation on 4H and 1D charts can been seen Enter after a 4H candle close below 1358 I would prefer selling OTM call options Targets: 1300 | 1245 Stoploss: 1412 Call option sellers can hold till expiry

shaumitagarwal

A break above the green box will turn it into long term bullish mode Buy at current price Hold for 735 for swing trade Stoploss 3.5% at 612

shaumitagarwal

Bull Flag breakout Entry on pullback 845-50 Sell over 935 Profit potential 10-12% Stoploss 812 or 4% Risk to reward ratio: 1:3

shaumitagarwal

Red zone has been a very important Support Resistance level in the long term past, can been seen on weekly time frames. Short on 4H closing below 590 for a target of 540 I would prefer selling 620 strike call options

shaumitagarwal

Buy and accumulate in the range 840-855 Sell around 915 Stop Loss should be placed below recent low at 829 Risk 2.5% approx Reward 8% approx

shaumitagarwal

Bull Flag pattern formation and breakout Buy at CMP 4900-4930 Sell Target 5830 Stop loss 4650 Profit potential of 18% approximately Trend continuation Nice risk to reward on offer

shaumitagarwal

RSI indicating a bullish divergence with a trend resversal pattern breakout Buying opportunity on pullback at 28.80 - 29-30 Targets - 32.75 | 34.60 Stop Loss is a must since markets are currently overbought and greed is high One can also consider selling OTM put option and hold till expiry

shaumitagarwal

ITC perfectly met our targets of 190 for a short term trade. Now price is testing the 200 Day EMA resistance, which has proved to be a point of rejection multiple times. We have to keep an eye on it, if price can stay above the daily 200EMA and also cross 210 resistance level (Forming a higher high and a higher low) turning it extremely bullish for the longer term

shaumitagarwal

Buy at 4960-4980 Sell at 5500-6000 in parts Breakout pattern formation, Trend continuation MACD turning positive and an end of consolidation

shaumitagarwal

Bull flag pattern formation with breakout which will take it to atleast 3800 Buy at 3100-3150 Profit potential of 20%+

shaumitagarwal

buy at 171-173 on pullback Targets: 180 | 185 | 190 as per Fibonacci retracement levels Bullish divergence on the daily is an additional reason to go long Results announcement on 6th November

shaumitagarwal

Falling wedge breakout and quarterly results Buy on pullback around 677 Target 1: 787 Target 2: 852 Profit potential of around 15% to 25%

shaumitagarwal

Ascending triangle pattern formation Buy at retest of SR flip at 1970 Hold for a target of 2300 Profit potential approx 15%

shaumitagarwal

Although there is a bull flag formation, chances of both bullish as well as bearish scenarios co-exist If we have a candle close below 442, short/sell for a target of 365 If we have a candle close above 505, buy/long for a target of 582

shaumitagarwal

Short on candle close below 400 Bearish divergence formation on the daily time frame

shaumitagarwal

Scalp long HDFCLIFE Retest of all time highs soon Mid Term holders can keep it for further growth toward new highs