Allied Digital Services Limited - Breakout Setup, Move is ON...#ADSL trading above Resistance of 271
Next Resistance is at 360
Support is at 192
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chartpatterntrading
Mrs. Bectors Food Specialities Ltd - Breakout Setup, Move is ON.#BECTORFOOD trading above Resistance of 1616
Next Resistance is at 2287
Support is at 1336
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 6771
Next Resistance is at 9804
Support is at 4339
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Allied Digital Services Limited - Breakout Setup, Move is ON...#ADSL trading above Resistance of 192
Next Resistance is at 271
Support is at 153
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Poly Medicure Limited - Breakout Setup, Move is ON...#POLYMED trading above Resistance of 1782
Next Resistance is at 2339
Support is at 1405
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marksans Pharma Ltd - Breakout Setup, Move is ON...#MARKSANS trading above Resistance of 212
Next Resistance is at 262
Support is at 180
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Multi Commodity Exchange of India Ltd - Long Setup, Move is ON..#MCX trading above Resistance of 3056
Next Resistance is at 5182
Support is at 1722
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Hotels - Long Setup, Move is ON...#INDHOTEL trading above Resistance of 509
Next Resistance is at 651
Support is at 391
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mrs. Bectors Food Specialities Ltd - Long Setup, Move is ON...#BECTORFOOD trading above Resistance of 1237
Next Resistance is at 1616
Support is at 858
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 4971
Next Resistance is at 6771
Support is at 3647
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Risky reversal trade for 2x returns!Geojit financial has shown cup and handle breakout from trendline.
We have seen similar chart in Heromotorcorp where ATH levels have been breached.
We might get to see a similar story in this stock.
Do check out my Hero motor corp analysis as well.
If you like my analysis, please like it and follow me for more such trading ideas.
Grasim Industries - Bullish Flag PatternLet's break down the analysis provided for Grasim Industries Ltd based on the bullish flag chart pattern, as outlined by Arvind Share Academy. This is for educational purposes, so here’s how you might evaluate and implement such a trade:
Trade Plan Breakdown
Current Market Price (CMP): ₹2700
Context: This is the price at which Grasim Industries Ltd is currently trading. Understanding the CMP helps to set up entry and exit points effectively.
Buy Above ₹2725
Entry Point: The suggestion to buy above ₹2725 indicates a breakout level where the stock price is expected to move higher if it surpasses this level. This price is above the consolidation phase (the flag) and is likely where the upward momentum should resume.
Purpose: This strategy aims to enter the trade only when the stock shows a confirmed breakout from the bullish flag pattern, reducing the risk of buying into a false breakout.
Stop Loss (SL) at ₹2640
Risk Management: The stop loss is set at ₹2640, which is below the flag pattern and recent consolidation lows. This level is crucial for limiting potential losses if the trade does not go as planned.
Rationale: Setting the stop loss at this level protects against significant downturns while allowing some room for price fluctuations.
Target 1: ₹2865
First Target: This level represents a near-term profit-taking point. It might be based on technical projections from previous resistance levels.
Strategy: It’s often wise to consider taking partial profits or reassessing the trade when the stock reaches this level, especially if it faces resistance.
Target 2: ₹3000
Extended Target: This target is set higher, assuming that the bullish momentum continues beyond the initial projection. This level reflects a more optimistic outcome and suggests further potential upside.
Strategy: As the stock approaches this level, monitoring its behavior is key. Adjusting stop losses or taking additional profits may be prudent if the stock shows signs of reversing.
Godrej Industries Limited - Breakout Setup, Move is ON...#GODREJIND trading above Resistance of 986
Next Resistance is at 1452
Support is at 699
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Info Edge Limited - Breakout Setup, Move is ON...#NAUKRI trading above Resistance of 7465
Next Resistance is at 8877
Support is at 6338
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sundaram Finance Holdings Ltd - Breakout Setup, Move is ON...#SUNDARMHLD trading above Resistance of 365
Next Resistance is at 460
Support is at 260
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Kothari Petrochemicals Limited - Breakout Setup, Move is ON...#KOTHARIPET trading above Resistance of 220
Next Resistance is at 283
Support is at 167
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NDR Auto Components Ltd - Breakout Setup, Move is ON...#NDRAUTO trading above Resistance of 1476
Next Resistance is at 1938
Support is at 1094
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ram Ratna Wires Ltd - Breakout Setup, Move is ON...#RAMRAT trading above Resistance of 594
Next Resistance is at 765
Support is at 389
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Oriental Hotels - Breakout Setup, Move is ON...#ORIENTHOT trading above Resistance of 156
Next Resistance is at 211
Support is at 102
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PB Fintech Ltd - Breakout Setup, Move is ON...#POLICYBZR trading above Resistance of 1698
Next Resistance is at 2158
Support is at 1231
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sundaram Finance Holdings Ltd - Breakout Setup, Move is ON...#SUNDARMHLD trading above Resistance of 305
Next Resistance is at 365
Support is at 246
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NDR Auto Components Ltd - Breakout Setup, Move is ON...#NDRAUTO trading above Resistance of 1094
Next Resistance is at 1476
Support is at 728
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.