IRB | 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...
RBLBANK | Breakout and retracement to breakout candle - 70% upside
CMP : 256
SL : 210
Target : 440
Analyzed using weekly time frame. It is a big trade and might need to hold for few months to get the target. Its a cash pick.
QUICKHEAL | 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.
M&M | Flag accumulation is maturing, breakout may give us 30%
It has strong support zone for the last 16 weeks - almost 4 months.
CMP : 631 (Can buy upto 600) or buy above 660
SL : 560
Target : 810
1:7 risk reward from the dip (600 level)