Buying Opportunity in SPALSPAL has Given Breakout wait for retest Than It is ready to shoot for upside target of 300+
Buysetup
Sonata Software - Channel BreakoutSonata software has broken out of channels on the daily chart with decent volume. Looks good for positional for the next few sessions.
SHREE CEMENT LTD BUY SET UP.HELLO FRIENDS,
HERE IS SHREE CEMENT LTD BUY SET UP AS PER GANN SQUARE NEAR 27400 TO 27700 WITH STOPLOSS OF 25900 FOR THE TARGET OF 33300 IN NEXT MONTH.
HAPPY TRADING.
Grasim Ind Long Set-up Chart is self explanatory.
Visit Tgram for more such ideas.
Tgram: Stocks 101
ONGC CUP HANDLE HERE I SEE ON ONGC CHART 1 DAY TIMEFRAME THERE IS A CUP HANDLE PATTERN AND IN THE CURRENT PRIZE ONGC HAD A STRONG RESISTANCE ZONE I WILL MARK IN ECLLIPSE.
SO WHEN THIS LEVEL IS BREAK WE HAVE TO BUY THIS.
BAJFINANCE 1 DAY HEAD AND SHOULDERS ON SEE THE CHART OF BAJFINANCE 1 DAY TIMEFRAME THERE IS A HEAD AND SHOULDER PATTERN. IT WILL BREAK OUT SOON.
SO THE POSITIONAL TARGET = 6363
STOPLOSS YOUR RISK
ICICI Bank - Beautiful Parallel channel on 1hr 🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is moving towards ATMs
⭐I see a good 1hr channel pattern here opening upwards
⭐A very decent trading setup would be activated when it touches the 1hr support zones ( the lower line of the channel I made) and makes a bullish candlestick pattern :)
⭐Trade type: swing
⭐Pattern: parallel channel
⭐Buying on support and selling on resistance will be the setup type :)
⭐Risk will be minimal, SL below your entry candle, reward: top of the channel ( in this case it can also Touch ATM where some profit booking will take place )
⭐When not to trade this pattern: if it gives a close below the trendline don't trade leave the setup and trade :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Buy L&T @ 1448, T - 1525, 1565 SL- 1410Buy L&T @ 1448, T - 1525, 1565 SL- 1410
Breakout from HH-HL pattern.
Positional Analysis for CiplaThe very first pattern you see on the chart is a flag pattern which has given a breakout (I usually wait for last kiss).
You can see a 38% fibo rejection at 873 levels which also acts as a support which previously acted as a resistance.
Lastly, you can see a breakout from the upper range of RSI i.e, 60 which can be another confirmation for an up move.
Sl could be the low of the breakout candle.
Target will be minimum 1:2
Note: this is my own analysis and not a buy or sell call, before taking any trade consult with your financial advisor.
Happy trading.
Ascending Triangle BreakoutThe price should sustain levels at 80.Enter above 81.Volume accumulation also looks good. Have patience.
CIPLA BUY SET UP HELLO FRIEND,
HERE IS CIPLA BUY SET UP AS PER GANN THEORY BUY CIPLA ABOVE 206 SPOT LEVEL WITH SL OF 868 CLOSING BASIS FOR THE TARGET OF 965.
HAPPY TRADING.
HAVELLS INDIA TRADE SET UP HELLO FRIENDS,
HERE IS HAVELLS TRADE SET UP AS PER TREND BREAKOUT BUY ABOVE 1045 WITH SL OF 956 FOR THE TGT OF 1225 IN COMING DAYS.
HAPPY TRADING.
Rain Ind. - Strong Breakout with Volume Expansion- Good Fundamentals
- Strong Breakout at 175 Level
- Heavy Volume expansion
- Ascending Triangle Pattern showing buying pressure
- Entry can be at 186 with a stoploss of 167.5
TATA COFFEE "Breakout from range"Technicals:-
Tata Coffee has given a Breakout from a very tight range,
and it is also supported by volumes.
Fundamentals :-
Stock P/E stands at- 17
Cash flow in the company is good
After the corona crash the company has made a good recovery.
Q3 PAT is 32 VS 25 So we see the recovery.
11/05/2021 Research Report For HCLTECHBuy @ Below 910
SELL Target 1 :- 921.5
(AFTER 921.5 YOU CAN MAINTAIN TRALING SL and MAXIMIZE YOPUR PROFITS)
Everest Industries - Strong Breakout- Huge Breakout after consolidation
- Supported with high volumes
- Entry can be at 350-358 with stoploss of 327
- Very High momentum
CESC CESC following the same pattern and tried to breakout but failed, is it sign of fall or follow the same pattern again??
Trade: 1> Bears- Short below Day Low 2>Bulls: Wait for reversal
What you think?
Waiting for your comment.....
For Entry/Target/SL do follow my page and Inbox me...
Disclaimer: I may or may not trade this, kindly consult your financial advisor before initiating any trade.
