Axis bank is in ascending triangle at a breakout point.
Above the mention price point it will give you some nice momentum but the view is invalid below 425.
what can go wrong , If bank nifty fall drastically then this will get stopped out .
otherwise everything align according to me , let the where the market goes.
Hindalco
Closing price 124.40
- Any dips especially towards 121-119 provides good risk:reward ratio to go long for target of 133 / 136 / 140.50
SL 117
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Alternatively, consider selling Hindalco 25 June 2020 expiry 115...
ACTUALLY ITS NOT EXACTLY A FLAG,EXPECTING BREAKOUT. I THINK IT WILL BE A BULLISH BREAKOUT. NOW DAYS PHARMA COMPANIES ARE IN BETTER DEMAND. AM EXPECTING A NEW HIGH OF 690..
TATAMOTORS Has been Higher Lows on Indicators signalling a change in Trend and Strengthening at these levels before it bounces back. Enter at 262, S.L 245, Target 302, First target 271 if that is crossed then most likely will touch 302.
this is a set up only for experienced traders, All indications point for a Medium term bullish trend in Ashok Leyland, but i always play with 2 way strategy on any stock i trade. My first set up is bearish set up at CMP stop Loss 130, Buy back price - 116, At 116 i will buy back double and have a stop loss for 115, and then exit partial trade at 130, and then...
Double bottoms have formed and the trajectory looks like its going to be breaking its neckline to head into new highs, Expected target 31500-32000 levels. This coupled with good results show that this is quite achievable. Buy 2 lots in futures and stop loss as indicated in the charts
MINDTREE has yet again outperformed with 5.5% gain on NSE with 2.5 times volumes. Stock trading above Ichimoku Kumo with Rising ADX signifying a buy around levels of 836.5 with Stop-Loss of 820 on closing basis and for targets of 920.
If trading in CASH segment, then keep the stop-loss at 802 on closing basis. And hold the stock for further up move.
Please do...
