SYMBOL - BAJFINANCE
Bajaj Finance is one among India's the biggest NBFCs. This stock has been a consistent compounder.
This stock is currently trading in a support zone of 6500 level. This area is a major support zone for Bajaj Finance.
This is a good time to invest in it as long term investment. This stock is a blue chip compounder stock. It has made & It will...
➡️adding since September with an avg price around 410
➡️lowest PE among peers
➡️highest ever sales with large deal wins
➡️key trading area offering strong support
Namaste!
Wipro has been sold off (down 47% from the ATH) because of technology sector (NASDAQ 100) being selling off since the start of the year. Buying good companies at a discount is always a good idea.
So, I see a very good investment opportunity in this stock. Remember, investing is different from trading. There are only two scenarios in my opinion, either a...
Namaste!
I have selected another stock, which looks good to invest in. You must have wondering, why am I sharing only technology companies? Well, it is the sector which have fallen mostly.
I don't like to buy at highs. I like to buy at correction, when there is fear, when the weak-hands get panic and selling it. That's what many of the great investors...
Namaste!
TCS has been one of the stocks which didn't corrected much in the "corona crash", dropping only similar to 30%.
The main reasons for this stability was:-
1. IT sector still offered it's employees a work from home opportunity, so it's business didn't affected that much.
2. TCS is the biggest company in the IT sector today, and it's share price has been...
ITC continues to look very strong. Stop Loss Levels revised.
Short term traders Stop Loss: 370
Momentum Trader Stop Loss: 360
Momentum Traders who can handle volatility can keep Stop loss at: 345
Disclaimer: invested in the stock. Not an advice for you to buy/sell. Just letting you all know the levels as per charts. Do things according to your understanding....
This is daily timeframe.
Kotak Mahindra Bank is taking support on a this support zone for more than a year.
It had formed a triangle pattern on support zone and gave breakout and had move
more than 25% last time.
After that, it corrected and again came back to previous levels at support zone,
and again consolidated for last 5 months and now showing some...
EASY 3% captured till now. More upcoming!! Candle stick shows green signal, rsi shows uptick and the price takes support at the resistance levels and also the most important signal that gave me confirmation to take the trade was the support at the 50EMA.
Here, we can see the resistance is acting as strong support now.
Volume is generating for this week.
Probability of strong upward move is high than downwards.
This post is for education purpose only.
Breakout by Bluechip #bbb
HCLTECH gave breakout from this pattern with avg. volume and we saw a retest with good volumes.
High volume than the breakout candle.
This is not a good indication.
Retail traders may get trap at higher levels.
Waiting for the strong indication of bullish trend is the best option for now.
Nifty is near all time high.
I will not expect...
Again, this stock was on my list from past month where it had to be accumulated and it has finally come out of the consolidation zone, it looks likely to give a breakout over 560 this week, make your positions on the long side with the mentioned stop-loss, stock has a lot of potential and can actually surpass it's all time highs!
Please follow these rules before taking a trade :
1. A triangle pattern is visible , so take a trade only why it breaks in the positive side in our direction.
2. Buy at 2nd green candle in 15 min or 5 mins chart frame.
3. Keep a trailing stoploss with Rs 10 in mind.
Asian Paint bounce back from its Weekly Upward Channel Support. It is also bouncing back from the 100 day EMA dynamic support level. Can go long.
SL- Below the Upward Channel Support.
Target- Upward Channel Resistance.
