AXISBANK LONG AXISBANK IS MAKING W PATTERN WHICH IS BULLISH AND THIS PATTERN WILL BE COMPLETED AT 799 LEVEL ALL TARGETS ARE GIVEN 723 IS STOP LOSS
Bullish Engulfing
LONG IN TVS MOTORS!!(FUT)!!MOMENTUM TRADE IN TVS MOTORS
VIEW
:-RISE IN OI+RISE IN PRICE INDICATES LONG BUILT-UP
:-BULLISH ENGULFING VISIBLE ON DAILY CHARTS
:-200-DMA IS TAKEN OUT AFTER A VERY LONG TIME
TRADE IN FUTURES 28TH NOV 2019
LEVELS ARE ACCORDING TO SPOT PLEASE ADJUST FOR FUTURE PRICES
BUY@ 476
STOP@470
TARGET@490
LOT:-1100
QTY:2
PLEASE NOTE:
ALTHOUGH REAL OI DATA WILL BE AVAILABLE ONLY AFTER 6/7 PM
!!PLEASE NOTE TRADE WITH CAUTION AND AT YOUR OWN RISK PROFILE!!
!!PLEASE DON'T OVER TRADE!!
!!LIVE TO FIGHT ANOTHER DAY!!
!!HAPPY TRADING!!
KOTAK MAHINDRA BANK | BULLISH ENGULFING PATTERN | BUY |KOTAKBANK
KOTAK MAHINDRA BANK HAS FORMED BULLISH ENGULFING PATTERN AND ALSO BANKNIFTY GOING UP TREND, I CAN SAY THAT TOMMORROW OR APPROX WITHIN 3 DAYS KOTAK BANK WILL SHOW BULLS IN MARKET.
3 Drives on Bottom : Good Risk to Reward The stock has formed 3 Drives on Bottom pattern and is in deep oversold zone. It has formed bullish engulfing showing a potential reversal therefore one can go long at this level with the recent low as Stop Loss. One can expect the 68 as target. It offers a healthy risk to reward ratio of 3. The defensive trader should wait and enter once it starts trading above the Engulfing Candle, which means risking more and RR ratio of 2 but better chances. So decide on your risk preference.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Bullish Engulfing in LIC Housing FinanceBullish engulfing in NSE:LICHSGFIN . Definately a buy tomorrow!
BTST IN CIPLA DEC FUTBTST IN CIPLA
BULLISH ENGULFING
DEC FUT
BUY@547
STOP@541.5
TARGET@557
LOT:1000
QTY:2
BTST IN ICICI BANK FUTURESBTST IN ICICI BANK
NOVEMBER FUTURES
BUY@360
STOP@354.5
TARGET@370
LOT:2750
QTY:1
BTST IN RELIANCE NOV FUTBTST IN RELIANCE INDS
NOVEMEMBER FUTURES
BUY@1095
STOP@1085
TARGET@1110
LOT:500
QTY:2
SWING TRADE IN M&M FINSWING TRADE IN M&M FIN
SEPTEMBER FUTURES
BULLISH ENGULFING IN FUTURES CHART
BUY@464 ADD MORE @446
STOP@440
TARGET@490
LOT:1300
QTY:2
BTST IN L&T FINANCE HOLDINGS(CONDITIONAL)BTST IN L&T FINANCE HOLDINGS(CONDITIONAL)
SEPTEMBER FUTURES
BULLISH ENGULFING
200-DMA BREAKOUT
BUY@169-70(CLOSE ABOVE 168)
STOP@164
TARGET@174-180
LOT:4500
QTY:1
BTST IN RELINFRA SEPT FUTBTST IN RELINFRA second day in a row
SEPTEMBER FUTURES
200-DMA SUPPORT and now a bullish engulfing
BUY@472-75
STOP@485
TARGET@465
LOT:1300
QTY:2
POSITIONAL TRADE IN YESBANK SEPT FUTPOSITIONAL TRADE ON YESBANK
SEPTEMBER FUTURES
BULLISH ENGULFING IN YESBANK
GOOD ENTRY LEVELS
ACCUMULATE
BUY@343
STOP@333
TARGET@380
LOT:1750
QTY:2
Ashok Leyland - Long term uptrend resumes ?After a steep fall of 3 months, looks like Ashok Leyland NSE:ASHOKLEY has resumed its upward journey from August.
I can see that the stock has reversed from its long term trendline forming a Bullish Engulfing candle.
Also, it has reversed after retracing 61.8% of its previous upmove.
Good stock to accumulate with a stop loss below 110 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Aurobindo Pharma –All set to rally ?The Pharma index NSE:CNXPHARMA seems to have resumed its uptrend today after consolidating for about a month.
After a pullback from 636 to 566 levels, looks like Aurobindo Pharma NSE:AUROPHARMA is all set to start the next cycle of uptrend.
I can see that the stock has reversed after retracing 61.8% of the previous upmove and formed a Bullish Engulfing candle today.
Good opportunity to go long here for a target of 610 and above with a stop loss of 565.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Crude Oil – Is there more steam left ?Crude oil TVC:USOIL fell sharply from 75 levels to make a low around 67.
However, this low is higher than the previous one so the rally may not be over yet.
I can see that the price has bounced back after retracing around 61.8% of the previous upmove, forming a Bullish Engulfing candle.
So we might be in for another cycle of an uptrend in Crude.
As long as the price sustains above 66, would be skeptical that the rally in Crude has ended.
Would keep a close eye on OMCs (HPCL,BPCL,IOC) which might be hammered once again if there is a surge in Crude Oil price.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
SBI - All set to rally ?After a huge upmove from 232 to 289 levels, SBI NSE:SBIN entered into a consolidation zone for a month.
However, I can see that it has bounced back strongly after retracing 61.8% of the previous rally and has formed a Bullish Engulfing candle.
Looks like it is all set to begin next phase of rally after retracement.
Good opportunity to go long here with a stop loss of 250.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
REVERSAL IN PSU BANK INDEX FEW STOCKS GOOD TO GO LONG!!THE INDEX HAS ENGULFED ABOVE THE CLOSE OF THE
PREVIOUS BAR.
STOCKS LIKE BOI AND BANKINDIA AND CANARA BANK
HAVE ALSO SEEN BULLISH ENGULFING PATTERN
BUY ANY OF THE ABOVE STOCKS WITH A SHORT TERM VIEW
BTST ON ICICI BANK JULY FUTURESBULLISH ENGULFING IN ICICI BANK
JULY FUTURES
invst.ly
BUY@267
STOP@262.5
TARGET@272.5
LOT:2750
QTY:1
Ujjivan Financial Services - All set to rally ?After falling from 435 levels, Ujjivan Financial Services NSE:UJJIVAN witnessed good buying activity today.
I can see that the stock has reversed after retracing 61.8% of its previous upmove, forming a Bullish Engulfing candle today.
Good opportunity to go long here with stop loss near today's lows for a target in the 408-420 zones.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
