SUMITOMO CHEMICAL - 2 month consolidation with higher lows has now reached the pivot with tight action and volume has also dried up suggesting all supply has been soaked up. buy can be initiated CMP - 497 BUY PRICE 483 - SL 530 - TARGET 505-507 RESISTANCE
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
It's my personal view. This is for educational purpose Only. This is not buying or selling recommendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou.
Skipeer given breakout and offering 2nd buy point near moving average
TDPOWER SYSTEMS Daily has trendline breakout with good retest of trendline. Good to buy at 137 for targets of 149,179 with sl below 130
It's my personal view. This is for educational purpose only. This is not buying or selling recomendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou
It's my personal view. This is for educational purpose only. This is not buying or selling recomendations. I am not sebi registered. Please consult your financial advisor before taking any trade. Thankyou
Today is Friday so sometime it is seen that market is trendy after a volatile expiry. My view is clear bullish and news are good till now. I am holding my position with a target of 1k points in charts.
GEEKAY WIRES Daily has trendline breakout with 200 ema support on daily candle. cmp 92, Dont buy at cmp. Wait for retracement near 85 to buy for target of 112,147 with sl below 70
Hi there! Let's talk about this small trade in Reliance. Reliance CMP:- 2524.05 -->From 30th sep to 1st Dec Reliance has formed HH and HL and was in Uptrend . -->Since then Price is in correction and approached 0.618 Fib level of that up wave. What's in my mind? -->If we observe the price action there is an untested demand zone at this 0.618 Fib...
SIGACHI Daily has inverted head and shoulder breakout, with 200 ema support on daily candle. Not good to buy at cmp 340 . Wait for retracement near 310 for buying for target of 425 with sl below 282
MARINE Daily has trendline breakout, good to buy at 40 for target of 67 with sl below 34
Aggressive entry model because we will enter without confirmation. pros: Small Stop loss and High reward Cons: Does not need to respect the demand area and it may break it Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
PRECAM Daily has trendline breakout with 200 ema support on daily candle. Good to buy at 121 for targets of 190,196 with sl below 99
ONGC - This is a follow up on my previous idea when stock was trading at 140 odd levels Chart set up - The stock seems to have given a fresh breakout on hourly charts from yellow channel channel - 21 hour EMA and 63 hour EMA around 148 / 146 respectively Target potential for the stock 156-158.50 Use the 21 hour or 63 hour EMA as important Support level to...
SAIL Daily looking bullish, It has trendline breakout with 200 ema support on daily candle. Good to buy at 88 for targets of 113,141 with sl below 83
I have been trading Tata Steel since October 2022 and In the month of November this is what was posted for Tata Steel The stock was trading at 104.75 - Target given was 113 / 118 / 122 - also had suggested the importance of Green Line acting as support ( Click on the above chart for detailed analysis of November 2022)...
Tata Steel In my previous take I had suggested a Call short position given the set up at that time being bearish. That strategy played out well... Now the stock is at same level, however, In the current set up, - the stock is trading above 21 day EMA and 63 day EMA - the stock has tested the time and so far is managing to stay above the May 2022 low The...