Tight VCP can be seen developing in DHINDIA, looks like its setting up for a impulse move now. All the scrips in Capital Goods seem to be in trend. I'll be keeping my position low in this trade. Stoploss 75 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking...
Attached: BSE Capital Goods/ BSE Sensex Daily Chart as of 13th April 2023 The Ratio Chart has given Warning Signals of what is about to come for the Capital Goods Sector, the Warning Signals are as follows: 1) A Broadening Wedge Pattern (see the Blue Trend Lines marking the Pattern) 2) A Double Top formation within the Broadening Wedge Pattern (see the Red Curve...
NSE:LT Cup & Handle formation in Chart Breakout Candidate Good Buy above 1960 Targets : 2090 - 2476 - 2715 SL : 1800 Upside : ~40% RSI in Bullish Zone CMP taking support from Short Term Exp. Moving Avgs
One can look to add thermax at current levels as it tries to respect its trendline. I still believe that we (Indian Stock Market) will continue to outperform the US markets. Good zone to accumulate/buy. But if the current levels break, then exit; do not take unnecessary risk.
NSE:APARINDS Multi-Year Breakout Candidate Near 4 year Resistance Consistent Volumes in last 1 yr signal Accumulation Return Potential : Minimum 50% Wait for BO above 830-840 zone Targets : 1000 - 1184 - 1404 SL : 710 Monthly & Weekly RSI > 60 for past 12 months Golden Cross-Over signals Long Term Bullish Trend
Entry – CMP 157 (breakout was 156.8) Stop loss -150.6 (Deep Stop 137) Target 1 – 205.1 Target 2- 290.25 Duration – 2-3 years Co produces electric engines for offices generators and ebikes (high demand for their products) Co is almost debt free Expect current financial year (Mar 2021) Co was making decent and consistent profits Co is trading at Par Valuation...
Hello Traders, Trade poses some risk to your capital. But trading with calibrated risk leads to profits. Schneider Electric, shows some bullish trends where we can enter Schneider at current Market price if it starts moving upwards from here, with a trailing SL of Rs 10. The target here would be to go until 155, but on safer side, I would suggest trading with...