Stock is at 20 0EMA on weekly time frame. Less chances it will breakout. SL is very small. Hence favorable RR
BODALCHEM | Strong demand zone + Wedge breakout ahead - Excellent risk reward with doubling potential CMP : 93 (Dip : 86) SL : 75 Target : 180 1:5+ risk reward setup from dip
BHEL | Simple breakout + Average INHS setup, Looks potential for 30-35% CMP : 58 SL : 50 (Short term SL : 54) Target : 70, 78 1:5+ risk reward setup (Highly volatile stock - Consider small position please)
NSE: M_MFIN is looking to breakout out from the consolidation range. Today's volumes indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the uptrend. One can look for a 9% to 14% gain on deployed capital in this swing trade. The...
NSE: PETRONET is looking to breakout out from the consolidation range. Today's volumes indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with trendline support over the past few days which is creating the uptrend. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view...
Good Morning, Just as we had expected, similarly the 1st half of the Market was quite bullish yesterday. However, after which the Market went into a consolidation in a +100 points zone. Followed by a sudden profit booking, the index ultimately gave us a negative 100 point approx closing Well as of now, it is suggested to not panic here, since we are still...
NSE:TTKPRESTIG #NSE:TTKPRESTIG retested and consolidated near resistance and now BO. Also formed ascending triangle. Sustaining above the level may show very good upside momentum. T: 950/990+ Only for Practice.
Banknifty on the daily time frame has given a dojo candle and a huge sell off in the last hour of the trading session end the monthly expiry. In a single hourly candle, Banknifty cracked about 500 points breaking the 20 ema and closing below the level. The market has closed near 15 minutes 200 ema. It fell from 20 ema to 200 ema (15 minute time frame) giving...
The markets were volatile and huge selling in the last hour of the trading session marked the closing of monthly expiry. Nifty has formed a bearish engulfing candle and closed around 17500. The market has falling about 190 points in a single hourly candle, taking the market below its 20 ema and closed below the levels. On 15 minute time frame analysis, the...
I am picking this stock for BTST. I am trying to hold this stock for 3-4 days at maximum. I will exit this stock, if the closing price breaks down the trendline. I am aiming for 2% - 3% profit for this stock. ENTRY @ 3060 Stop Loss - below trendline. Target - 2% to 3%
NSE: CROMPTON is looking to breakout out from the consolidation range. Today's volumes indicate a huge demand and should move to previous swing highs in the coming days. The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend. One can look for a 8% to 12% gain on deployed capital in this...
NSE: MCDOWELL-N is looking to breakout out from the consolidation range. Today's volumes indicate a huge demand and should move to previous swing highs in the coming days. The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend. One can look for a 9% to 12% gain on deployed capital in this...
📊 Script: RECLTD (REC LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FINANCIAL SERVICES / NIFTY MIDCAP 50 📊 Sector: Financial Services 📊 Industry: Finance Institution Key highlights: 💡⚡ 📈 Script is trading towards upper band of Bollinger band (BB). 📈 Already crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Double candlestick pattern...
NSE:AJANTPHARM #NSE:AJANTPHARM formed Ascending Triangle and got rejected twice by resistance. Levels marked on chart for referrance.
Good Morning, Just as we had stated yesterday, that most probably the Market is getting ready to reach the levels of 18100, similarly we are being able to witness the same. As it was a good day yesterday, since after a gap down opening in Nifty, the index has managed to show us a good recovery in its levels by giving a positive closing for the past 2...
today though NIFTY opened gap down today, it recovered till yesterdays high showing the strength in the market but it closed around yesterday’s high making it look more like an inside candle scenario hence showing a possible accumulation of strength and break of the high would break the yesterday’s candle’s high too and there are possible chances of the bull run...
PEL | Trendline + RSI breakout - Trying to capture 22% (Fib) CMP : 2775 (Dip : 2700) SL : 2550 Target : 3430 1:4 risk reward setup
PEL | Falling wedge + Trendline support - Potential for 20% CMP : 2400 (Dip : 2300) SL : 2200 Target : 2600, 2900 1:3 risk reward setup