tradewithamey_

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Shyammetl has given a trendline breakout yesterday. Stock is looking good for a swing and positional trade. It is better to buy on dip for good risk:reward. Idea is shared for educational purposes only.

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Dont miss this investment stock in your portfolio! India has a very big future in terms of rail infrastructure and IRFC will be a big part of it.

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Hikal is standing on a strong support trendline. Stock can reverse from CMP. SL and target on the chart. Not a recommendation but a reversal idea shared for educational purposes

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APLLTD is one of the few pharma stocks which have not shown upmove in the past couple of months. I had observed similar pattern in Auropharma and IOCLP and these stocks have rallied over 30% from their support trendline. You must definitely keep this stock in your watchlist as around 650 levels is the minimum target one can expect. Kindly trade as per your own...

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Dhani is a stock which has crashed in the past few years and I am not a big fan of trading in such stocks. However, the stock is looking technically attractive for minimum target of 60 and above. Reason:-Trendlune breakout with higher high, higher low formation wit a positive RSI divergence Try to enter at around 35 with an SL below 26 DCB. This is an high...

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Powergrid is a portfolio stock with good dividend yield and strong fundamentals. The stock has given a breakout of cup and handle pattern with neckline of 250. The retest of the same is completed as well. Stock can give good returns with minimum target of 300. SL can be below 246 DCB. Idea is shared for educational purposes and should not be considered as a...

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Indigo paints had a bumper listing during its IPO with 100% premium over issue price. However, since its listing, it has been in a downtrend and has corrected to an attractive valuation. The stock has already broken the downtrend and is now looking strong for a new upmove. The targets and SL are given in the chart. One can enter at CMP if his/her outlook is of a...

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Kansainer is the stock on my watchlist. As we have seen a good bounce from support in other paint stocks like Indigo paints and Berger, we can expect a similar upmove in this stock too. Currently, it is in wait and watch.

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Persistent systems has been in strong bull run from 2020 to end of 2021. Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky. Kindly trade as per your own analysis.

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Dr Lalpathlab has corrected significantly post its all time high of around 4200. As seen on the chart, the stock is standing on a crucial support trendline and also has recently bounced from its strong demand zone in weekly time frame. RSI positive divergence can also been seen in the chart. This stock can touch levels of around 2330, 2600 in medium term. Kindly...

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Shoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors. The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH. A weekly closing above 820 will push the stock to levels of 850,880+ However, there is always higher risk involved in stocks at ATH so trade accordingly. This...

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Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.

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Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone...

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Route is looking strong if it gives daily closing above 1400 for minimum targets of 1600. Q4 results have bettered the estimates. Also, stock has recently given bounce from strong support trendline. Kindly trade as per your own analysis!

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Justdial is one cash stock which has always given wild intraday moves. The stock has given a breakout of a resistance trendline and has given a weekly closing above the decisive level of 700. This stock can blast in the coming week but be sure to book quick profits in the stock or trail SL. 790 happens to be the next major resistance but there are minor...

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Fivestar Business finance has been consolidating in a symmetrical triangle pattern from its listing in late 2022. The stock has given a breakout today with good volumes. 575 is a minor resistance above which stock can move up quickly. The immediate support for the stock is its previous swing low of around 525. 550-555 is a best buy level for a good risk reward...

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Jubilant Ingrevia is a multibagger stock from 2021-22 bull run which has now corrected to a fair value. The stock has given a trendline breakout as well as a breakout from a supply zone with good volumes. Also, the stock is already forming higher highs, higher low,. Keep this stock in watchlist as the next supply zone is at 500-510 levels. However, this is a very...

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Indus tower is in continuous downtrend and now, it is on a strong weekly demand zone. A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made. However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.