IBULSHSGFIN, expecting a reversal....By The_RedTicker Its a pattern (again!)
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small).
Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as just a stepping stone, if my analysis is correct, you will remember me for this trade. Such will be the move.
Sl of WCB, mentioned on charts....
#The_RedTicker
*Disclaimer, I do hold this in one of the PF and, may or may not add fresh after this post.
BSE
BSE - Swing TradeBSE - Flag and pole breakout and trendline breakout as well.
Looking good for upside ;)
DRREDDY LABS MAKING AN ASCENDING TRIANGLE PATTERNDrreddy Labs making an ascending triangle pattern
BUYERS ARE ACCUMULIATING ON CURRENT LEVELS, GOOD UPWARD MOVE IN INTRADAY IS EXECTED IF THE TREND LINE IS BROKEN!
BAJFINANCE an update on Targets... by The_RedTickerSo, its way beyond the expected swing targets. Now looks like the pattern targets too are possible. (level marked on chart)
I really dont expect a straight upmove henceforth, but if at all it has to give the pattern targets, it should not re-enter the channel. So that can be a good sl.
newcomers should book full right away.....traders with experience should look for great rewards to risk with a TSL
#The_RedTicker
*Not a fresh setup
DRREDDY, Medium risky "Trading setup"....By The_RedTickerMakes sense to me...been falling a lot, slowing losing strength.
As such, not a bad stock, makes it worthy of being bought after such a dip.
Its also at an investment level, but I am unable to generate longer duration view so will aim to trade just the chart for now and rethink if it gets into significant profits.
*NOT AN IMMEDIATE BUY, entry level is mentioned on chart. Also, it should be a closing level entry and a closing basis SL.
TF for this setup is DAILY.
#The_RedTicker....
SCAN STEELS LONGGO LONG ON SCAN STEELS
It has hit the BOLD and currently in the 5th wave of a bullish impulse; place target @ 82.95 with an SL @ 46 BSE:SCANSTL
SANOFIX TRADING STRATEGYNSE:SANOFI NYSE:SA
SANOFI TRADING STRATEGY - NEXT WEEK
Stock losing momentum after hitting BOLU and entering rangebound in a descending triangle pattern on 1D charts.
MACD line moving below signal line, Aroon Down has cut Aroon Up from below, and RSI moving towards its bearish support of 50-60.
STRATEGY
Short when price moves below the triangular support zone of 8514, with a profit target at BOLD, and SL at BOLM (if above the triangular support zone) or the upper resistance of the descending triangle
Target 2 (77%) achieved in BSE. Target 3 is ON...This is follow-up on BSE . Can check link to related ideas.
Target 2 achieved. More than 77%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ZYDUSWELL : Ascending Triangle PatternAn Ascending triangle pattern found on Zyduswell. Wait for Breakout and Retest.
BANKNIFTY (risky, but a probable setup)..... (The_RedTicker)Banknifty be like,
Tum Mujhe 1000 pts ka sl do, Mai Tumhe 3000 pts ka target dunga!!
eng. trans : Give me a sl of 1000 pts, I will give you a target of 3000 pts.
(no offence meant to anyone, I know the imp of the independence time quote, its a boring day just trying to set a fresh pace)
I mean, irrespective of the sentiments, the buying range looks clear on chart. Sl should be closing basis for this one. And if at all my setup is correct, I dont think it has to stop at just 3000 pts.
*all levels are of SPOT
#The_RedTicker
Colgate for the target of 1700+ if break 1668.FMCG sector is bullish and Colgate is taking a reversal in trend from 14 days downtrend.
REDINGTON LOOKS STRONG AFTER GOOD YoY resultREDINGTON after announcing good YoY result yesterday opened with a gap up and is trading above all R3 (Fibonacci).
it has entered into a pervious channel that i had marked before the Small-Cap fall that happened on Wednesday.
today it took support at the lower green support line and moved back up.
also DAILY Heikin Ashi shows strength.
keep an eye out for a breakout above the red line, or a break-down below the green line.
JCHAC buy if breaks 100 EMASales rise 33.83% to Rs 579.35 crore
Net profit of Johnson Controls-Hitachi Air Condition. India rose 520.53% to Rs 44.43 crore in the quarter ended March 2021 as against Rs 7.16 crore during the previous quarter ended March 2020. Sales rose 33.83% to Rs 579.35 crore in the quarter ended March 2021 as against Rs 432.91 crore during the previous quarter ended March 2020.
For the full year,net profit declined 60.37% to Rs 33.10 crore in the year ended March 2021 as against Rs 83.53 crore during the previous year ended March 2020. Sales declined 25.07% to Rs 1646.54 crore in the year ended March 2021 as against Rs 2197.37 crore during the previous year ended March 2020.
can fin homes momentum pick buy for 596CAN FIN HOMES a momentum pick with SL 523.
target in 15 days.
Britannia result Tomorrow. Britannia is showing consolidation pattern and showing signal of uptrend after reaching the bottom.
The result is expected better because of low base effect, the stock is undervalued.
1. SL 3400
2. SL 3330
target
3776
If break 3330 then a big downtrend can be expected.
Asian Paints buy for target 3080-3156.Sock reversal from 50EMA
MACD Crossover
volume is good
RSI increasing
good fundamental
hero target 2600-2550 if break 2681.Hero moto corp is showing a bearish pattern in 45 minute time frame with a monthly breakout.
Dwarikesh sugar for target of 80. Govt is thinking to increase the price of sugar as golbally the price is increasing. This will be positive for Mills and dwarikesh can rebound from 50EMA, this is a weekly or monthly target as RSI momentum is low.
Jindal steel and power in good trend.Jindal steel and power is just a little above from its proper buying zone but can still be considered for a quick swing .
Great Eastern Shipping GESHIP --> LONGTechnically Sound to go up at bottom of Uptrend channel.
Oversold past few months.
Buy only after huge Demand and Retest around 300.
Fundamentally, Good outlook to produce profits as Crude oil shipping has seen increasing demand with backbone of Manufacturing requirement output higher than 2020.
Risk Within your apetite only!
XCHANGING SOLUTIONS BREAKOUT RETESTBreakout retest pattern can be seen on the chart. looks good for swing as well as long term considering the business profile and fundamentals.
