It was continuously taking support at the 200 D EMA, which is also a Fibonacci level. Increasing volumes in the last two trading sessions. Looks perfect for a swing trade with a reward to risk ratio of 2:1. Please let me know your views in the comment section.
HSCL (Weekly):- AT GOOD BUYING ZONE (36 to 44) for 64/90++ Target With Stop Loss Below 30MCB
First Target 1620 25% Second Target 1880 44% CMT:
Refex weekly cup and handle pattern. Very good fundamental stock for long term. (12-18 months view)
Look for a buying opportunity at 290 levels. With a reward to risk ratio of almost 1.7. Short term targets can be around 320. Great share for long term with excellent fundamentals! Keep on your radar.
SBI card breakout of TL with good support from the previous breakout zone. Entry above 980 looks decent for a target up to the supply zone.
Bajaj Electric had a wonderful breakout on the last trading session with decent volume. can be taken entry on retest as the risk now looks higher. Trading at ATH.
Looks like a decent trade once it crosses and holds above 596 and 50D EMA. Reward to risk ratio of about 1.5. Always plan your risk profile before taking a trade.
This is my first analysis. I am still learning. It would be great if you can provide me with meaningful insights to help me learn better. I have tried to keep the analysis as simple as possible
Apart from the stocks and sectors mentioned in the video, I forgot to mention a few more stocks that I had shortlisted. They are, BAJAJELEC GLENMARK WIPRO The key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels. For the accurate...
Don't sell Mother son on this dip, big breakout will happen NeXT day. Just fooling here to sell, very bullish on daily chart, about to breakout upward in a day or two
Inverse Head & Shoulder Bullish Pattern Looks good Buy above 346 SL 300 Target another 70/80 points positional