LIC housing has good breakout pattenLIC housing finance has good 7 years breakout with rounding bottom pattern. above 805 it will start the rally.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Cup And Handle
Concor super bullish trendConcor has good cup & handle pattern breakout. Looking very strong above 1090 Levels. straight target will be 1400 in short time. According to advance fibo levels. Please follow the targets on the chart. Result is good too so the trigger is there.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Nazara is ready to show action!!! Hello👋
Today I have picked one more breakout stock.. Named - NAZARA
Stock in uptrend..
Good volumes since last few weeks..
Rsi in bullish zone..
Cup & Handle pattern seen in weekly tf.
Price currently facing the resistance from where price shoot up in 2021 & downfall in sept 23 & jan 24.
If price hold above 1040 then upside targets open till 1200..
It's my view... DYOA. It's not buy/sell recommendation. And since it's August month.. Huge volatile market .. Plus because of war conditions just be cautious.. Keep an eye on your positions & hold strict SL.
I'm not sebi registered analyst.
Plz boost my idea if you find it useful.
Thank you🙏
NYKAA : Decent breakout with good volume accumulationNYKAA is showing good momentum breakout of previous resistance.
🔰 It can rise upto the ipo highs in near future.
🟩 Range : 190-200
🎯 Target : 240 / 300 / 400
🛑 Stop : below 145 (wcb)
⚠️ Disclaimer : This is not a buy/sell recommendation. It's only a view for an educational purposes.
ZENSAR TECHNOLOGYZensar technology is a leading digital solutions and technology services company.
stock P/e 25.1 vs industry P/e 37.6
FII has increases take in last quarter.
Technically it has made a cup and handle pattern.
Monthly , weekly & daily RSI is above 60. Look like it will be in momentum .
If its closes above 585(weekly) then it should head for its target of 810.
This is my 2 cents. It is for educational purpose.
Tidewater - Long for 50%Tidewater - Long for 50%
Tide Water long position for 50% upside
- Tidewater Making cup and handle pattern at weekly chart
- 50% upside target
- buy between 1785 - 1800
Disclaimer:-
Investments in securities are subject to market risk.
Everything I discuss here is for educational purpose.
I am sharing my personal view as a trader / investor.
Please consult your financial advisor before taking any decision.
LONG POSITIONAL WEEKLY TF ANALYSIS
As we can observe the chart on weekly and daily TF it is making a good CUP AND HANDLE pattern. And we can see stock has retested the level of 600, if price sustain then below 610 is a good area to plan a LONG. As I have marked the levels 818 can be the TGT, and we can see kind of resistance at 775 , 575 should be support zone. I am sharing my POV with you guys, you can study the chart by your own. Keep observing, any news related to sector can play a huge role.
PS: THIS IS JUST FYI AND NOT A BUY/SELL RECOMMENDATION.
Happy Trading.
CASTROL BIGMOVE COMINGThe stock has formed a beautiful rounding bottom pattern which shows the 3 phases on weekly basis , also the volumes are quite unprecedented . The fundamentals of the company are also solid and enhances reliability . Castrol has been a household name and from the overall sector analysis the stock has favourable and the lowest PE RATIO , also it has been in consolidation phase for quite long period off time and now its time to reap the rewards
Coalindia 9 years breakout & retestSimple cup & handle pattern in coal india. It is sustaining the breakout. Target can be huge. Keep accumulating for steady move. It has 9 years breakout and retested. so the move will be powerful.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Deepak fertilizers & petrochemical Corp LtdIt is involve in chemicals, mining chemicals & fertilizers business.
Market Cap: 8474 crores
P/E 12.6 vs Industry P/E 33.2
ROCE is 25%
Previously ,it demonstrated a perfect example of Cup pattern breakout that achieved its target.
Currently it is on verge of giving breakout in a symmetrical triangle. weekly closing above 680 and RSI weekly closing above 60 should be consider as confirmation of breakout .If it does closes then it should head for 720 and 834. It has the potential to cross it ATH of 1065 in 2024.
The View should be neglected if it breakdown in symmetrical triangle.
This is not a stock Recommendation.
Grindwell Bullish reversalGrindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong bullish reversal. I had alert below 2K as I was expecting it to take fib & trendline support and got triggered.
Demand in cablesInfrastructure, Railways, Power all these sectors/Industries are bullish and have demand. Cables top player polycab has informed there will be enough demand that everyone will get a good pie in cables industry. Among cables, fundamentals of Dynamic cables is good and also making cup & handle pattern. This company too has huge potential for growth.
Welspun Living Ltd: Cup & Handle PatternWelspun Living Ltd: Cup & Handle Pattern
174 % upside potential
Stock breaks out through the neckline line with huge volume and trading above it .
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Apollo Tyres Ltd: Cup & Handle PatternApollo Tyres Ltd: Cup & Handle Pattern
26 % upside potential
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Snowman Logistics Ltd: Cup & Handle PatternSnowman Logistics Ltd: Cup & Handle Pattern
48 % upside potential
Stock breaks out through the pattern neck line with huge volume and trading above it .
Levels mentioned on chart & given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)