PEL | Channel trendline support - Can capture big trade for 70%PEL | Channel trendline support - Can capture big trade for 70%
After trendline breakout now the price is moving inside the channel
CMP : 1692 (Dip till : 1580)
SL : 1450
Target : 2700, 2900
May take few months to perform - its a short term pick. We can also take a small swing trade using this channel for 20%
Bigtrade
QUICKHEAL | Excellent risk reward after huge breakoutQUICKHEAL | Excellent risk reward after huge breakout now perfectly retraced to previous breakout zone. Excellent chart for beginners to learn :)
Looks good for 50% upside move - Weekly chart hence it will be a slow move. Consider buying only for 5% of the capital, not more than that.
CMP : 155
SL : 135
Target : 240
1:4 risk reward setup.
TATACOFFEE | Breakout with volume giving another opportunity 35%TATACOFFEE | Breakout with volume giving us another opportunity second time - Potentially 35-40%
CMP : 130 (Dip till 120)
SL : 115
Target : 170
More than 1:10 risk reward setup from the dip (120)
November is winter season we had Filter Coffee
Now March is summer lets expect a Cold Coffee
IRB | Simple breakout - 15% potential opportunityIRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.
CMP : 120
SL : 116
Target : 138
Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always average less than the previous position size)