SAIL is at 14 years resistance level. Volumes, RSI on monthly and weekly charts look very promising. A possible breakout on the cards! Overall, metal sector looks well set for a rally in the next 1-2 years which makes SAIL a safe bet. Keep a close watch and go LONG if it breaks out!
TIMETECHNO - Weekly breakout and retest of breakout level after 4 years. The stock has been in a good bullish trend and has very good fundamentals. I would keep a tight SL (155) and a 1:2 risk reward.
This is the update on the previous post, beautiful 1:3.4 RR
Swing Trade Setup - BUY Self Explanatory chart. This is only for educational purpose. Kindly take the trade as per your risk management.
GABRIEL - Breakout in the daily timeframe. The stock is in an uptrend in the higher timeframe and has taken a small dip, with this breakout - it looks like the uptrend is going to continue. Fundamentally the company has strong numbers.
JM Financial looks very solid on charts. Made double bottom on Monthly charts, now at crucial resistance level. Massive volumes with strong RSI. Can be a good BUY opportunity above 115 levels for 50% returns in short to mid term. Fundamentally very strong stock with both MF and FII raising their stakes.
CMP of Asian Paints is at 2 very strong support levels: Yellow Line - 3 Years support level Green Line - 8 Years support level Also, RSI (Monthly timeframe) of Asian Paints in last 9 years has always bounced back from ~50 levels. Current RSI can be assumed to be at its minimum level. So very good BUY opportunity for 10% gains in short term from current levels.
Mahindra logistics is breaking out of a consolidation, supported by volumes and momentum and presents a good long term buy opportunity
Castrol is breaking out of consolidation and presents a good long term buy opportunity
Engineers India is breaking out of multi-year channel and presents a good long term buy opportunity
DEEPAKSP - Weekly breakout completed and the stock is currently retesting its breakout level; The stock has broken out after a huge consolidation and has a good upside potential.
APARINDS - Breakout in daily timeframe with volumes. The company has been performing very well financially, and technically and overall is at a good spot for an entry.
TEAMLEASE - Breakout in Daily timeframe after 1 year. The stock is coming back for a retest of the breakout zone. I see a handsome risk-reward. The company has decent fundamentals and good sales.
IFBIND - Weekly breakout with huge volumes after 3 years! Great price action with good upside potential. Waiting for a good dip to buy would give a nice 1:2 Risk reward.
kindly see the text on the chart put sl only for educational purpose #happytrading
SHANKARA - Is in the bottom of the channel in the weekly timeframe. The stock has been trading in the channel for 4+ years and takes support at the bottom of the channel. It is back to the bottom of the channel and has been in the accumulation phase for the past 15 weeks. The risk-reward is looking very handsome and the company has stable fundamentals. CMP:...
RCF gave a monthly breakout in December 2023 after trading within the same range for 15 years. The company has decent fundamentals, with the Government of India owning a majority of 75%.
It looks like WTI has a intraday buy signal at around 73.00 zone with stop loss below 72.00 , The minimum target will be 74.70 in the next few hours as the zeo political sentiments have improved, and external indicators are showing bullish signals. The RSI is mixed to bullish.