with RSI crossover above 60 imminent , #MARICO continuous candle shunting to 533
#ABBOTINDIA Managed weekly close 17380 abv prev week close This is the level from which stock also BO in Jun-21 before topping out at 24000. Stock has got support at15900 over last 5 weeks. Reverse candleshunting can take place Entry - 17300 Tgt - 19600 Stoploss - 16000 ( weekly cl) Risk: Reward - 1: 1.8 Return - 13% Duration - 10 weeks
#UNITEDSPIRITS CMP - 880 Had given a multi-year BO abv 820 in SEP-21 & managed to sustain above this level even during crash of Feb-21 Abv 900 opens up target of 960 SL - weekly close below 865 Risk: Reward - 1:2 For long term holders target 1200
#tvsmotor Buy On Retest Of 623 Stoploss 590 Tgt1 - 665 Tgt2 - 683 Risk: Reward (T1) : 1: 1+ Risk: Reward (T2) : 1: 2
#heromotoco Buy Abv 2790 Tgt1 - 2940 Tgt2 - 3418 ( Only On Weekly Close Abv 2960 With Sl 2760) Sl - 2638 ( Wkly Cl) Risk: Reward (T1) : 1: 1 Risk: Reward (T2) : 1: 2
Cmp 567 Sell below 565 for tgt 525 Weekly Below 516 opens up 488 Stoploss 600
Price 24900 Tgt 22700 Stoploss 26130 Risk Reward - 1:2 #nimblrta
Daily Charts View – has become oversold and trying to stabilize and now at RSI 32 BUY ON DAILY CLOSE WITH MOMENTUM CANDLE ABOVE 4360 FOR TARGET 4780 STOPLOSS 4200 RISK: REWARD – 1:2+
Hold for first Target 649, Resistance 649-659 Above 659, target 672 , Resistance 672-704 Above 704 , Target 819 weekly closing Stoploss 565 #reverse candle shunting
Swing Trade Ideas : DIVISLAB: Entry on retest of 4429 Stoploss - 4200 Target - 4970 Risk Reward : 1:2.7 Duration : 8 weeks Absolute Return Potential : 12% Overlapping candles w/o wicks allow for fast movement once reversal starts from support zone
Reverse Candle Shunting Applicable On Weekly Close Above 368 Buy On Weekly Close Above 368 Target 382 Sl -360 Resistance 383-387 Risk Reward - 1:2 Close Above Above 387 Opens Tgt 422 With Stoploss 368
Reverse candle shunting on weekly charts on weekly close above 17k with a momentum candle. Buy #NIFTY on weekly close above 17000 Target 18140 Stoploss 16400 ( weekly close) Risk Reward - 1:2
Nifty before the budget 2021 Well poised! Candle Shunting in place! Will it manage to ride the elevator up?