Channelbreak
PVR - MOVING OUT OF CHANNELPVR :
Gave a false breakdown which was negated by three green candles closing on the high of the day.
Immmense momentum in the stock.
Check out video for details.
Cheers
priceNpedia
Classical Cup & Handle Breakout in BHELClassical Cup and Handle Breakout in Bharat Heavy Electricals Ltd
Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry.
52 week high also broken and candle closes above that level with marubozu candle supported by volume.
Target are mentioned in the chart.
Stop loss below 68 level.
This is just a view not recommendation, do your own analysis before making any investment.
NSE:BHEL
Potential Breakout CAREERP LONGTERM GEM???more than 3 rejections on the downward trendline
probably breakout if nifty supports
TATA CONSULTANCY SERVICE MID TERM TO LONG TERM SWING#CONSULTANCY SERVICE Falling wedge pattern (down trend channel) breakout on weekly time frame, also posted good quarterly results, good fundamental stock. wait for retest.
BYU around 3260
TGT : 3430, 3600, 3835, 4043
SL : 3470 Daily closing basis
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
MINDTREE LIMITED MID TERM TO LONG TERM SWING#MINDTREE LTD Falling wedge pattern breakout & Double bottom pattern breakout on weekly time frame and also posted good quarterly results, good fundamental stock. wait for retest and good entry level.
Buy around 3575 to 3630
1st tgt : 4000
2nd tgt : 4480
3rd tgt : 5000.
Stoploss 3470 on day closing basis.
Disclaimer :
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Channel Breakout in MCXFrom past few months stock has been trading in a channel. Finally it has broken from its previous resistance with significant volume.
Also, recent quarter results were good. we can expect a good upside move from current levels.
At this price risk reward is not attractive. So, it is better to wait for retest near 1435-1400 levels.
Maintain strict stop loss at 1290.
All possible targets are marked on the chart.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:MCX
SUN TVINTRADAY TRADE - ANALYSIS OF SUN TV NETWORK
Stock has run up fast in a narrow channel. Facing resistance at 543 levels.
In Case price sustains above 543 levels after 9.45 AM.
Then a trade can be taken with around 538 (Todays Closing) as stop loss.
Other way round if price does not sustain above 543 levels
then the same stock can be shorted as well. Do check the
nifty whether going up or down as well.
This is no buy or sell recommendation , just analysis.
Please note the probability is higher that it will go up , so u can only trade on the upside.
Experienced traders can do the down side trade as well.
BULLISH on INDIAMARTNSE:INDIAMART
The price has given a breakout from the channel pattern. The breakout is with good volume. The MACD is bullish and RSI is above 50 showing good momentum. The MACD and RSI also showing the divergence from he prices which implies that this correction is over and bottom has been made. The view is for 6 to 9 months. SL levels is around 4165.60 and the Target levels is around 5981.50
The price is still below 200 dma and can face resistance there so it is recommended to buy in a staggered way, some on the breakout and rest when price crosses the 200 dma.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.