ALKEM LAB- POTENTIAL BREAKOUTALKEM LAB IS ON THE VERGE OF GIVING A BREAKOUT OF THE DOUBLE BOTTOM CHART PATTERN. LOOK FOR BUYING OPPORTUNITIES IF IT GIVES A BREAKOUT WITH GOOD VOLUMES. IMMEDIATE TARGETS OF 3100-3150 CAN BE ACHIEVED. STOP LOSS 2935.
Buysignal
INDUSIND BANK- BULLISHGOOD BUYING SEEN IN INDUSIND BANK TODAY. RSI BULLISH. THE TREND LINE SHOWN IS THE RESISTANCE LINE IN THE WEEKLY TIME FRAME. IF IT OPENS SOMEWHERE NEAR 1020 THE MOMENTUM CAN CONTINUE YOU CAN LOOK FOR BUYING OPPORTUNITIES. THE FIRST TARGET WILL BE 1085. ONCE IT CROSSES 1100 LEVELS WITH MOMENTUM 1195 LEVELS CAN BE ACHIEVED EASILY. REWARD TO RISK RATIO ALSO FAVOURABLE. MAINTAIN A STOP LOSS OF 985.
BHARAT GEARS- BREAKOUT WITH GOOD VOLUMESBUY AT AROUND 105-108 LEVELS. STOP LOSS 95. TARGETS FOR MEDIUM TEAM 130-140
GHCLLOOK FOR BUYING OPPORTUNITIES ONCE IT CROSSES 263 LEVELS. GAVE A BREAKOUT WITH GOOD VOLUMES AND RETRACED WHICH IS A GOOD SIGN FOR AN UP MOVE STOP LOSS AROUND 250. TARGET 1- 270 TARGET 2- 285. STUDY THE CHART IN MULTIPLE TIME FRAMES TO GET A BETTER IDEA.
MAINTAIN STRICT STOP LOSS.
Buy City union Bankvery good pattern hoping it would mover very fast,invest after seeing the charts.
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.
GRANULES- AT A GOOD POSITION TO ACCULMULATEGAVE A BREAKDOWN OF THE TRENDLINE IN THE DAILY TF. BUT NOW TAKING SUPPORT AT AN IMPORTANT ONE. ALSO TAKING SUPPORT AT THE 200D EMA. LOOK FOR BUYING OPPORTUNITIES IF IT SUSTAINS ABOVE 332 LEVELS. THE NEXT BIG MOVEMENT CAN BE SEEN AT ABOVE 365 LEVELS. STOP LOSS-299
HINDUSTAN PETROL-BREAKOUTGAVE A BREAKOUT IN THE DAILY TF. RETRACED A BIT. AGAIN READY FOR AN UPMOVE. SHOWING GOOD PRICE ACTION. KEEP ON YOUR RADAR. TARGET 1-285 TARGET 2- 299. STOP LOSS-255. NOT A VERY GOOD REWARD TO RISK RATIO AT THE MOMENT.
Pennant brealout in AshokLeyland Pennant formation and breakout with higher volume. Possible target marked in chart. Follow for more.
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.
High Momentum Breakout - Chambal Fertilizers- Fundamentals are strong
- Breakout at a level of 265 with heavy volumes
- Stock may retest the levels before gaining more momentum
- 265-280 can be good entry levels
- Huge momentum in the stock
- RSI showing 80, may break a bit
BTC in Next 5 Weeks, Buy below 40000Currently Bitcoin down based on the News and also some panic sellers sold their BTC, at the same time Weekly chart is one of the important factor. BTC/USDT will reach 50,000 USD and above in next 5 Weeks as per our prediction based on Weekly Chart analysis . So you can buy and hold for long time investment.
BUY SOBHA Strong buying position being made in Sobha above 455 level with a stoploss below 442 and a first target of 475.
The demand zone looks to come into play at this level and it is expected to see the buyers take control of the trend signalled by RSI diversion.
If anyone wants to enter for Intraday position the target should be 463.
TRENT- BREAKOUTGIVEN A BREAKOUT OF A VERY IMPORTANT RESISTANCE ZONE WITH GOOD VOLUMES. KEEP ON YOUR RADAR FOR THE NEXT FEW TRADING SESSIONS. MAINTAIN STRICT STOP LOSS. 20-30 POINT TARGETS CAN BE EXPECTED TOMORROW. BUT A GOOD STOCK FOR SWING TRADING AS WELL.
INFO EDGE- NAUKRI- MORNING STARA very important stock for the next few trading sessions. Took support at the Fibonacci levels. It has also formed a morning star pattern today. Volumes have been good. Look for buying opportunities if it stays above 4400. MAINTAIN STRICT STOPLOSS
RBL BANK- BREAKOUTBREAKOUT OF THE TRIANGLE PATTERN IN THE DAILY TF. BUY ABOVE 201. LOOK FOR BUYING OPPORTUNITIES ONLY IF IT CROSSING THESE LEVELS. TARGETS OF 210-214 CAN BE ACHIEVED.
GALAXY SURFACTANTS- BREAKOUTACCUMULATE NEAR 3050 LEVELS. TARGETS OF 3300 CAN BE ACHIEVED IN A FEW TRADING SESSIONS. BUY ON DIPS.
Tata Metaliks on Profit Side If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work.
Targets are as shown in the image.
HDFCLIFE when to buy?HDFC Life is in a closing triangle with a strong support zone shown in red rectangle and closing wedge waiting to be broken. The 50 MA is still far away so a good buying should be when it breaks and sustains 687 and Targets can be considered respectively.
Above 725 you can keep and open target trailing your stop loss.
You can always do back testings on Day/Week/5min charts as per your experience and track the stock results to have a stronger view before taking any trade.
This is just my personal study and analysis. Do not trade on the basis of just my study. Do your own research as well.
BATA INDIA-BREAKOUTBUY WHEN 15 MIN CANDLE CLOSES ABOVE 1391 WITH STRONG VOLUME. SHORT-TERM TARGETS OF 1420-1430. MAINTAIN STRICT STOPLOSS.
ONGC Buy if Only condition Satisfices. If the price crosses the Resistance line and closes there, and it should create a new candle above the resistance line then Buy.(I,e : Buy above 120)
Expecting Target of 128, 137, 145
Don't forget to apply your own studies before buying.
