#Biocon #Momentumstock #Swingtrade #BreakoutCandidate BIOCON : 200 EMA Breakout Soon >> Momentum Stock >> Bottomed-out Stock >> Good Strength & volumes in stock >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by...
REVERSAL STOCK BUY HDFCAMC 1955, for 2040 and 2070 and 2150 Invalid below 1850 on 2 day closing basis. Stock has breached 200ema with volumes. All mid cap laggards are bouncing sharply. Stock is underperformer, so keep it as trading view only
On Friday, there was some volume buying in Godrej stocks with godrej industries reaching 20%. Godrejagro has finally given a closing above 200 week moving average which was around 500. We can expect 550 in short term and above it, we might see ATH levels as well. Support is around 455-460 levels. Keep on watchlist. Idea shared for educational purposes
This stock has given a) parallel channel consolidation breakout b) Trendline breakout c) crossed 200EMA and also continuing to complete d) rounding bottom pattern suggesting nearest target of 1420, provided stock continues with the momentum to breach immediate resistance levels.
Buy RPSG VENT 470 for 600 and 800 in medium term. Invalid below 390 on weekly close. Stock has closed above 200ema and 200wema. Also there is trendline resistance breakout supported with good volumes.
GODREJIND | Excellent trendline setup - Looks great for 30% CMP : 485 SL : 450 Target : 630 1:4+ risk reward setup
Buy Tata power fut 211-213 for 218/220/221. Above 222 resistance area we can see levels of 250. Stock has given breakout and momentum should continue till 220 range where trendline resistance will occur. Keep stop below 207-208 range in this trade
JUBILIANT FOOD 520, is on verge of good breakout. Stock is above breakout levels of 500 along with 200ema and 200wema breakout. Sustaining above internal trendline resistance at 520 zone will give good positional trade for 540 to 560 first, then 615 range
The stock had been in downtrend since its listing. Had made Inverted Head & Shoulder Pattern after listing but was unable to sustain, however continued the downtrend forming rounding bottom pattern. Now, the stock has given 6month breakout. Even though earlier Inverted H&S pattern is invalid, I have shown intermediate targets based on the same. All levels shown...
Hello Friends, Welcome to our Elliott Wave analysis and technical indicators overview of Shree Renuka Sugar Ltd (RENUKA). In this analysis, we'll explore the Elliott Wave perspective and how it aligns with various technical indicators to support a bullish sentiment in the stock. Please note that this analysis is for educational purposes only and not financial...
BUY CONCOR 675, till 658 for target of 690,720 and 760. invalid below 655 on closing basis. Stock has given comfortable closing above 200 ema and all pse stocks are roaring higher.
Aarti Industries is below 200EMA and its 10EMA has crossed above 21EMA showing short term strength and momentum in the stock. Has been trending downward in the channel since Sept 2022 and is closer to break short term and long term trendline as well. If that happens, we can look forward to rally upto 650 as first target. Levels marked on the chart, for...
GUJGASLTD | Sharp triangle breakout ahead - Potential for 50% CMP : 491 SL : 440 Target : 725 1:5 risk reward setup
Chambal Fertiliser is nearing its 200EMA and has Inverse Head & Shoulder Pattern formed giving Target of 335-340, provided the stock continues its uptrend.
200EMA breakout with good RSI momentum. Keep buy on each pullback.
Eicher motors has fallen from its high by about 20% and we may be looking at a double bottom reversal as it rests on the 200EMA. According to option chain data, 3100 is a strong support. According to Multi strike OI, calls graph is falling which shows a bullish Singal and puts graph is rising which shows an even more bullish signal. Targets of T1 and T2 with...
RAMCOCEM | Trendline breakout - Looks potential for 25% CMP : 730 SL : 675 Target : 910, 1100 1:3 risk reward
STLTECH | Small triangle breakout - Looks potential for 25-30% (First target) CMP : 188 (Dip : 180) SL : 165 Target : 235, 300 1:4 risk reward setup (1st target)