IGL - Since Nov 28, the stock has seen some consolidation at current levels - 21 day EMA and 63 day EMA are at 430 and 415 respectively - Once above the red resistance zone, the stock can potentially move towards 480 / 502 levels Depending on your risk appetite and time horizon, you can use the 21 day EMA or 63 day EMA as SL Take care & safe...
in last 2 trading days, yes bank already moved 20% and reach a one-year-old resistance levels as you can see in chart. now the question is that we should take entry in yes bank after such move. in my opinion, I will take entry in yes bank once its close above 21
Gujrat Gas Hourly has trendline BO, Good to buy at 530 for target of 596with sl below 518
Jindal Saw Daily had double bottom, The D target is achieved and now BO for 2D target. Good to buy at 95 for target of 111 with sl below 90
Watchout for breakout, trade only on candle closing basis.
Optiemus infracom daily looking bullish having inverted head n shoulder bo+ double bottom BO.+ 200 ema support on daily candle Good to buy at 319 for target of 437 with sl below 257
IBREALEST Daily has Inverted head n shoulder breakout, with 200 ema support on daily candle. Good to buy at 88.50 for target of 159 with sl below 86
NECLIFE Daily has trendline breakout, Good to buy at 23 for target of 27 with sl below 22
Watchout for Golden crossover in INFY above Red Resistance zone it will become highly bullish. Trade as per your setup.
AMBUJACEM making C&H pattern on daily time frame. Long only after closing of daily candle above resistance zone. Trade as per your setup and price action.
Petronet making inverted head & shoulder pattern on daily time frame and have more than 75% delivery on last trading session that is 2 dec. Do not enter before 215 level follow risk management and price action, trade as per your setup.
Ultratech gives a breakout by creating an inverted head and shoulder pattern can be a good buy for further levels
Watch out for this zone in Nifty for tomorrow, too many rejections from same zone.
JSW STEEL gave breakout of symmetrical triangle on daily time frame and re tested the level also, there are 3 targets for JSW for 5-6 months. trade as per your setup and price action.
Powergrid The stock seems to have sustained above its crucial resistance level at 218 Now it has a clear path towards 231 / 238 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take...
Gail : Beautiful structure in weekly chart >> PSE Stock >> Declining Crude oil Prices will be positive for this stock >> Be patient with this stock >> Trade Level to Level Happy Trading !!!
NIACL Daily has trendline breakout with 200 ema support. Looks good to buy at 111 for target of 163 with sl below 102
KNRCON is a good stock for investment. and for short term. it is good to buy now for stoploss and target see the chart.