1-BUY
Nifty Chart set upA few days back, we had mentioned that Nifty may fall towards 18820 odd levels
When 18820 odd levels came, despite gloomy world markets and our markets also going through a sell off, it was suggested that Longs could be initiated.
Results are in front of you.
Going forward: Buy on dips can be considered.
Till the time Nifty stays above 19030 - 18960 odd levels, Nifty has higher probability to move towards 19440 / 19680 / 19905 odd levels
SL can be kept initially at 18960 on closing basis. If Market keeps moving upwards Keep trailing SL higher
Take care & safe trading..!!!
If you find the analysis helpful, Do Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
EASEMYTRIP Daily looking bullishEASEMYTRIP looking bullish. It has trendline breakout with 200 ema support on daily candle.
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
Tata Steel: Chart set up and trading viewHistorical levels in Tata Steel tend to provide good Risk:: Reward ratios to enter trade.
Levels are mentioned in the chart.
View gets invalidated if Tata Steel goes below 112
Take care & sage trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
HUL: Channel trade PotentialHUL
Chart set up
- we are looking at weekly chart of HUL
- Stock is trading in a channel since July 2022
- currently at lower end of the channel
View
- Range bound movement
Trading Strategy
- Consider to accumulate at current levels and on dips for a target potential of 2730 odd levels
- If weekly closing is below 2393 then pattern gets invalidated
Understanding Risk :: Reward and Risk Management
Reward potential for the set up approx 250 points from current levels
Have provisions to accumulate further on dips in such a way that RIsk is of around 60 points
giving us a Risk::Reward ratio of 1::4 plus
Take care and safe trading...!!!
If you find the analysis useful do Like and Follow
Nifty @200 day EMAWe have highlighted this possibility few days back that below 63 day EMA Nifty might have a strong probability of touching 200 day EMA...
Here we are Nifty lingering around 200 day EMA.
Closing Short positions should be considered.
For Medium to Long term investors, these are good times to accumulate good quality stocks in Equity / Cash
Take care & safe trading...!!!
Reliance near support levelsAt current levels, Reliance looks good from medium to long term perspective
Consider Accumulating at current levels and on dips for target of 2450 / 2620 / 2840
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Alok Ind: Chart set up, imp Entry levels and Potential targetImportant Levels are mentioned in the chart itself.
Plan to put money in staggered manner.
Target 28 / 32
SL 14 on weekly closing basis
Plan your trade accordingly....!!!
Take care & safe trading..>!!!!
Like and Follow
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
DDEVPLASTIK looks good for swing tradeThis particular stock has maintained a consistent uptrend pattern ever since its initial public offering (IPO). It not only boasts a commendable Return on Capital Employed (ROCE) percentage but is also nearly debt-free, which is a remarkable financial strength.
Recently, it exhibited a promising bullback and breakout, demonstrating its potential for substantial growth. Presently, the stock is retracing to what is often referred to as the 'demand zone,' a technical indicator that suggests a strong support level.
Given these strong fundamentals and the recent technical indicators, the stock appears to be an attractive investment opportunity at its current price.
GOKUL Daily looking bullishGOKUL daily looking bullish, it has trendline breakout/flag and pole breakout.
Good for positional..
*********************************
This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
SHANTI Only Daily looking bullishSHANTI Daily has trendline breakout/inverted head and shoulder breakout with 200 ema support on daily candle.
SHANTI looks strong on daily..
*********************************************
This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.