Stock started its upward journey in Dec,16. The Stock turned out of be a multibagger giving returns of about 468% in just one year. However from last one year stock has been trading in a range of 200 points ( 640-440 levels). Hence , a decisive break is needed to see a trending move in the stock, till then wait and watch.
weekly chart... pure price channel based movement blue circles are support points. orange circles shows breakout & resistance. strong support at 177 . I suggest to go with breakout of upertrendline.
the stock is no ones favourite now , been India ' s biggest wealth maker , now set for something huge huge enough to surprise !!!
ASCENDING TRIANGLE BREAKOUT IN NIFTY INDEX PLEASE NOTE HOURLY CHART BREAKOUT RELIABLITY IS LESS AS TIME FRAME ANALYSIS HENCEFORTH TRADE WITH CAUTION PREFER OPTION TRADE TO LIMIT LOSS AND MANAGE THE VOLATILITY. TRADE BUY 10800 CE @60 (NOV) STOP@40 TARGET@120 LOT SIZE:75 QTY:6 NOTE:A TEST OF 200-DMA IS POSSIBLE IF BREAKS THEN HOLD ON FOR 10930 LEVELS MACD ABOUT TO...
HINDETRO DOWNWARD TREDNLINE BREAK POSSIBILE? A close above 240 will assure of a breakout New targets will be available November futures trade if closes above 240 BUY@240.5 STOP@230 TARGET@262 LOT:1575 QTY:2
This is daily chart of SUNTV on NSE (INDIA) with CMP @ 607.55. It seems to be a good shorting opportunity in the scrip based on following observations: 1. It is downtrend which is obvious from the chart. Counter trendline has been drawn which acts as resistance marked by arrows. 2. It is also observed that price tests EMA50 on retracement and gets rejected to...
This is weekly chart of BHEL on NSE (INDIA) with CMP @ 69.20. It looks a good shorting opportunity on the basis of following observations: 1. Please refer counter trendline/resistance line drawn on the chart which acts as resistance as shown by arrows. 2. Price retraced to 38.2% level on Fibo as shown on the chart and downtrend again resumed. 3. A symmetrical...
This is weekly chart of PVR with CMP @ 1404.80. This scrip is looking good for long term investment because of following observations: 1. Price has been following a trend with multiple support on trendline drawn on the chart since July 2012. 2. Counter trendline has been drawn as shown on the chart. However, counter trendline has not been decisively broken but...
This is daily chart of ICICIBANK on NSE (INDIA) with CMP @ 353.10. It looks a good scrip for long trade based on following observations: 1. Price is continuously rising after taking support at around 257 which is marked as MAJOR SUPPORT as price has taken multiple supports near this price. 2. Counter trendline has been drawn on the chart which was decisively...
This is weekly chart of PFC on NSE (INDIA) with CMP @ 94.75. It looks a good long trade based on observations as illustrated below: 1. Please refer the support line drawn on the chart which acted as strong support at multiple times (tested on 8th Feb 2016, 25th April 2016 & 16th July 2018). 2. Please refer strong resistance line drawn on the chart from where...
30 MIN CANDLE BREAKOUT, BREAKOUT IN ANY OF THE SIDE, MAKE ENTRY WITH 1:2 RISK TO REWARD AS MENTIONED IN THE CHART, LET SEE HOW IT WORKS.
DOUBLE BOTTOM BREAOUT ON THE VERGE IN BEML WAIT FOR IT NOVEMBER FUTURES BUY@640 STOP@620 TARGET@700 LOT:500 QTY:2
INTRA-DAY TRADE IN ICICI BANK OCT FUT BUY@328 STOP@325.8 TARGET@333 LOT:2750 QTY:1
SWING TRADE IN LUPIN DOUBLE BOTTOM BREAKOUT OCT FUTURES BUY@885 STOP@870 TARGET@920 LOT:700 QTY:1
NIFTY DESCENDING TRIANGLE BREAKOUT OCT FUT SHORT@10900 SSTOP@10930 TARGET@10830 LOT:75 QTY:4
STBT IN JETAIRWAYS DESCENDING TRIANGLE PATTERN BREAKOUT SEPTEMBER FUTURES SHORT@252.5 STOP@260 TARGET@235 LOT:1200 QTY:2
POSITIONAL CALL IN LUPIN(OPTION TRADE ONLY) IS IT A RANGE BREAK-OUT TRULY OR NOT DEPENDS UPON A CLOSE ABOVE 930 IF THAT HAPPENS BEFORE 3:30 TODAY WE ARE SEEING A TARGET OF 1100 ON A LONG-TERM CHARTS AND WE ARE NOT LOOKING FOR THAT WE ARE LOOKING FOR 1050 SO WE ARE BUYING OPTIONS WE WILL BE PROTECTED WITH REVERSAL WITH AN INBUILT -STOPLOSS BUY 1000 CALL...
TATA MOTOR SUPER BULLISH ABOVE 278 1ST TARGET 289 2ND TARGET 306