In the Weekly Chart of CANARYS , we can see that, it has formed a Hamer candle. Enter on breaking its high with low as SL. It is a newly Launched IPO, So trade with Strict SL & Risk ratio. Expected momentum is shown in chart.
In the Weekly Chart of YATRA , we can see that, it has formed a Hamer candle. Enter on breaking its high with low as SL. It is a newly Launched IPO, So trade with Strict SL & Risk ratio. Expected momentum is shown in chart
In the Weekly Chart of DIVISLAB , we can see that, it is leading towards Inverted Head & Shoulder breakout. it can respect the Trendline one last time then give breakout. Expected momentum is shown in chart.
In the Weekly Chart of IGL , we can see that; after breakout, it has consolidated for 5 weeks on the support level of 370-380. Also, Bullish Pinbar is created . Enter on breaking its high with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of INDIAMART, we can see that, it is same range since 3 weeks. Also, it has made a Decision making candle. Enter on breaking its high with low as SL.
In the Weekly Chart of HINDUNILVR , we can see that, after consolidation, it has started creating price action in upward direction. Also, we can see a Inside candle. Take a simple trade on breaking its high with low as SL and HOL it for an year.
In the Weekly Chart of SBICARD , we can see that, after breakdown, it has Decision making inside candle. Enter on breaking its high with low as SL.
Siyaram silk mills has been sideways for quite a long time now. And has made multiple attempts to break the long term resistance , the more time it spends near the resistance the weaker it becomes. Fundamentals are good and a good quarter in sales can do wonders. Volume on the down days are not big and on the up days are substantial.
NSE: CASTROLIND is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
MAITHANALL | Triangle breakout with volume - Looks potential for 30-40% CMP :1100 SL : 1000 Target : 1500 1:4+ risk reward setup
As we can see BANKNIFTY remained strong throughout the day as analysed in our previous analysis. Now BANKNIFTY can again be seen in double bottom pattern in smaller time frame and break of that level could show another upmove so plan your trades accordingly
Grob Tea looks good as Positional Trade. After a long consolidation, stock is trading in a Inside Bar candle range of 978-825 for almost 4 months now, also smart money are leaving their footprints (check the volume bars). Expecting good move to come soon now. Stoploss - (low risk)828, (high risk)780 *DISCLAIMER* This analysis is only for educational purpose. I...
Grasim Cmp 1957 dated 23-11-2023 1. Pennant Pattern 2. Bearish Candle @ Resistance 3. RSI Divergence Sell below 1950 target 1940-1920-1900-1890-1875 SL 1985 It is just a view, please trade at your own risk.
Namaste! I want you to pay attention towards 3 arrows. 1. Black arrow: This candle had an increased selling volume (resistance), which was broken by 3rd weekly candle followed by 2 weekly candles of consolidation. 2. Blue arrow: This is the candle where bulls entered with approx double the volume and were able to close above the high of blue candle. 3. The rally...
Namaste! 1. Ultratech looks good for a positional/swing trade. 2. Entry price and Stop Loss is marked on the chart. If the stock open gap up, then limit order at the entry price will be placed. 3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled. 4. Target can either be booked at 3 times reward,...
Namaste! 1. Bajajfinsv looks good for a positional/swing trade. 2. Entry price and Stop Loss is marked on the chart. 3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled. 4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle. And be...
Namaste! 1. Zomato looks good for a positional/swing trade. 2. Entry price and Stop Loss is marked on the chart. 3. This trading idea is only valid till next trading session. If entry doesn't execute in next trading day, it will be cancelled. 4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle...
Namaste! 1) BCG is a very good mid-cap stock for investing, based on my analysis. It has average EPS of Rs 4.40 for the last 6 years. It also has corrected enough to look good to value investors. 2) It's intrinsic value (IV) is Rs 184, if India 10Y Treasury yield of 6.1% is considered. I personally use Sir Ben Graham's formulae, in which he has put 10 Year...