ABFRL breakout retest and continuation on D time frame. Looks good for long entry with SL below previous swing. For short to term buyers.
Tata consumer is standing at very crucial support once the ressisrance is broken and sustained we might see an up-move.
Due to the earnings declaration the prices were hammered, and hence was opened as gapped down, Reasons For Selecting:- 1.Trendline acting as a support 2.Stock respecting Fibo levels 3.Double bottom pattern 4.Gap Filling. placing a stop-loss @ 375, Followed by the Targets 1 & 2
Stock has shown good upside momentum and has not been fully recovered after the covid-19 Impact hence here i see an opportunity and feel like it is ready to shoot up and forming a pennant pattern For easy targets of 50 to 60.
UNION BK OF INDIA - WEEKLY Double Bottom Targets in green
BASF has formed a rounding bottom pattern in weekly TF. Need to close strong above 2300 level for further momentum in short to medium term.
The stock has tried to break the resistance once. on thursaady and friday carniage, the stock has come back inside thr triangle. adding positions with every 2 percent rise. however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks. my suggestion would be to buy a futures lot woth a put...
This particularly, is a very good stock to buy as per my study With a good combination of technical and fundamental indications this looks a good stock. Technical aspects:- Trendline (Uptrend) Dynamic support of averages in multiple time frames Retracement levels From 0.618 Breaking a resistance. Fundamental Aspects:- Market Cap:-33200cr PE:-...
We made a clear five wave structure and are now in a corrective pattern. A buy between the .5 and .618 Fib retracement.
The reason for 350 Target: 1) The overall setup is bullish 2) The price is trading in a Channel Pattern Monthly TimeFrame , Zoom out to know why I have mentioned the target as 350 3) The bank is taking some reforms and will be one of the top-performing banks in India. Educational Purposes!
Reasons to Buy: 1) Bank sector is showing bullish especially PSU banks 2) Breakout with massive volumes 3) Good Relative Strength 4) Rising Monthly Pivot Range 5) Minor retracements can happen but overall the stock is very bullish for a target of 140
Reasons to BUY: Good Volume Formation of Inverted Head & Shoulders Price is heading towards the Resistance of Parallel Channel of Daily TimeFrame The chart looks attractive with the confluence point Relative Strength is above 60 Enter when the price breaks the confluence point. Exit when the price breaks down the support trend line ( green Line)...
buy given @ 1870 and 1940 2 targets met - 1963, 1982 🏁🏁🏁🏁 for now 2000 resistance level to cross for more upside reference chart with buy trade below 👇👇👇
BPCL is a good buy above 428 with target of 470 / 540 and SL at 350
COFORGE AT IMPORTANT SUPPORT, CMP 2450. NEXT TARGET 2485, IF BREAKS WITH VOLUME THEN 2540 SURELY WILL TOUCH IN INTRADAY
Only for Educational Purposes! Trade based on your money management. Any Queries comment below
old idea post below for reference