Hi, ICICI GOOD SUPPORT ZONE... STOP LOSS 327.8 TARGET 1 354.5 TARGET 2 387
Add on every dip, we can see Rs 90 level in coming days. Hit like if you agree or comment your view on the same.
there is a confluence of breakouts of ascending triangle as well as flag buy around 31.5 levels keep a stop of 29.3 and targets of around 40 & 46
Daily demand zone coinciding in monthly demand zone plus EMA20 support.
AUROPHARMA finally trading at 52 week high. Either there will be great buying opportunity or huge sell up momentum . Wait, watch then enter. My mood is about for Long with strict Tight SL. BUY above 804 Target 1- 814 Target 2- 824 Target 3- 834 Warning: Tight SL otherwise it will hurt your pocket very hard! Disclaimer : Only for educational purpose....
BPCL took support from an important level i.e. (240-250) and now is shooting higher. Positional traders can enter after 375 level is breached with stoploss of 300 and target (450/550) As the major trend is bullish (once 375 level is breached) intraday players can look for various buy opportunities.
SBI has fallen more than 50% three times in the last 10 years. In order to find a rationale to invest, we have analyzed SBI in different time frames. KEY OBSERVATIONS- 1. Demand Zone - A demand Zone is an area where buyers dominate over sellers, there is massive buying pressure in this zone. SBI is currently in demand zone which is around 160 to 150 levels. This...
SIMPLE CUP AND HANDLE PATTERN ON CHART, IF IT BREAK RESISTANCE AREA , GO FOR LONG
While we have been adding positions in Motherson Sumi first from 70 levels and again when it moved above a Triangle formation, there is a strong case for a fresh long. Friday saw some profit taking at higher levels leading to a long upper wick but the trend seems to be intact. A good buy set up can take the stock to 116 with a stop at 87. Go long for a positional trade
After the corona effect, HCLTECH has jumped back to its Long term Support level. The stock might retest the trendline and can be bought around 530-535 level.
TATASTEEL is showing bullish signal and ready to breakout off accumulation phase.Wait for break of 50 EMA for confirmation.
We can clearly see the yesterday's breakout from flag pattern.. A good sign to buy only after breaking 352..
SBI has been trading inside the triangle since March 13 and now it looks ready to breakout off the pattern and run towards 200 level.
SRTRANSFIN has been trading inside the channel for a long time and this is the perfect time for a swing trade.
BUY glenmark pharma @298.50 targets 301, 305, SL 295.50
Gold as been on a bullish trend for weeks, Price found its way to the 61.8% fibonacci zone, this is clearly a retracement for new coming highs, I expect Gold to reach new highs in the coming future(1700) but for this trade i would be looking at a 1;1 risk to reward ratio first which would be at 1685. The trend is your friend, trying to short at this level isn't...