Buy
Renuka Sugars: Good price to enter from Long term perspectiveStock is at support levels. Buy at CMP and on dips towards 42.
Important resistance around 63-68. Once crossed and sustained, the stock may head much higher....
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 responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
AVENUE SUPERMARTSNSE:DMART is a very good fundamental company with strong management.
on daily time frame after a sharp fall, Smart has made 2 reversal patterns one is bull slush and second is morning star respectively.
one can bought this stock for short term target of 4218 and mid term target of 4602
DISCLOSURE : I have this company in my portfolio
INFOSYSNSE:INFY is a very strong fundamental IT company.
recently it is underperforming since last 10 months, but on the daily chart frame it has created a beautiful inverse head and shoulder pattern, which is looking very promising.
one can make position in this stock for the targets of 1960 in next 3 to 6 months.
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Both Side can go.
For Buy Only above 2634
with SL 2564
Tgt will 2763-78
Note Educational Only
For Sell side if Breakdown
Sell below 2563
with Sl of 2608
Tgt will be 2470
CONFIRMATION : FOR UPSIDE FIB RETRACEMENT, RSI & SLIGHTLY BELOW FROM MAJOR SUPPORT ZONE SO that's why i give both side targets not a buys ell advice just for educational purpose
jubilant food long swing trade educationalonlyonly educational only.
it is already in uptrend but due downmarket sentiments it is behave like sideways but it is preparing for breakout as there is clear cut ascending triangle pattern formation when market sentiments will be good then the breakout will happen very soon
#swingtrade #jubilant