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BLUECHIP

HDFC BANK - Consolidation phase, is it calm before the storm?Overview & Observation: 1. Solid consolidation happening since 2020. 2. Better to just watch it for now 3. Prices have started moving slowly from the demand zone. 4. PA structure is currently bullish forming HH-HL. 5. Overall strength and momentum are lacking. D TF: - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:HDFCBANK
by SuperNova396
BAJAJ FINANCE- Consistent Compounder getting ready for comeback?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 make a lot of wealth to long term investors in long run. There is also a trading opportunity. As this stock is in a good support zone, I have made a long position in far month futures today around CMP 6555. I will add more longs if getting 6500-6450 levels. My stoploss would be below 6400 & targets would be 6880-7200 & 7420. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my investment/trading position. You can track it for educational purposes. Thanks!
NSE:BAJFINANCELong
by akshit_official
11
Investment_ WiproNamaste! 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 company goes bankrupt, or I make money. I, even ( no one ) can predict when will the stock rise or reach the price targets. But, don't sell in a loss. Q: When and what price to buy? A: Entry price is Rs 415.05 . Well, I generally place a buy-stop orders above candle's high. There is always a resistance (sellers) above the high of any candle. So, logic is that, buyers have to be more powerful to move any stock above the highs. Hence, I will be joining strength and buying above highs. Q: What if it doesn't execute? A: Entry price won't be changed until I update it here. You can place GTT (Good Till Triggered) orders with your broker. Means, in a span of one year, whenever the stock reaches that price, you will be automatically buying it at a mentioned price. Remember, I have a well planned investment method. Everything is pre-decided, when to buy, when to sell, how much shares to buy, capital allocation: Everything. So, kindly prepare yours. I share many stocks, from different sectors, different market caps, etc. So, it is your responsibility to select your favorite ones. Even if you're getting returns >12% annually, you should be very happy because you're beating the markets. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will add more if I get another opportunity.
NSE:WIPROLong
by UnknownUnicorn7637383
Investment_ TECHM (Tech Mahindra)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 do. Anyways, TECHM is a stock, which have fallen around 48% from all time highs. Well, in my perspective, this stock, along with other technology stocks are on a sale . I would advice anyone to invest in because, it is a very good opportunity to do so. If you have been reading my articles, you will know why. And remember, don't concentrate your portfolio in the IT Sector, by buying every stock in the sector. Please diversify. You can either place GTT (Good Till Triggered) orders with your broker at a price 1017.50-1018 , or manually buy it if it crosses this crucial price level. I would modify the entry, if it signals to do so based on my plan, and will update it here. Q: Will it sky-rocket as soon as you buy. A: NO. Investment takes time to show results, months or years. There are many many things which affect the stock performance. You can't figure out why is this happening. What can you do is, buy and sell . Please read previous articles, for reading more about the above thing. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment carries an element of financial risk. Please do your analysis and/or consult your financial advisor before investing. I already have some shares and will/may add more if I get another opportunity.
NSE:TECHMLong
by UnknownUnicorn7637383
Investment_ TCSNamaste! 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 very stable due to the fact that it didn't fell more than 30% since the year 2010. 3. So, again it fell 30% and it's price is trading near support level. 4. It's an very good investment opportunity, for the people who are very conservative in risk taking. Hence, they should not expect higher returns rather stability. 5. Investment price looks good at current price of Rs 3074. 6. More capital allocation can be done to this stock as compare to small and mid-cap due to the nature of stability. But not more than 20%. Disclaimer: The analysis I have shared is based on my understanding and experience in the markets. Investment does not guarantee a fixed return due to volatile nature of markets and may result in a loss. Please do your analysis and/or consult your financial advisor before investing.
NSE:TCSLong
by UnknownUnicorn7637383
1
ITC continues to look very strong | Stop Loss Levels revisedITC 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. I'm also a non smoker and do not encourage smoking 😒 🚭
NSE:ITCLong
by jatin_agarwal
2
Will Output Repeat ?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 strength. Today gave breakout, but it does not have strong volume. Volume is average. Let's see how it moves further. This post is for information purpose only.
NSE:KOTAKBANKLong
by AkshayAdak
Breakout by Bluechip #bbbBreakout 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 higher target at this levels. But thinking to capture a small swing scalp with strict stoploss. This post is for information purpose only.
NSE:HCLTECH
by AkshayAdak