DRREDDY 4H, DRREDDDY LABS - Dropped from the price and came back to the Original price it has given a breakout with a good volume and came out of its consolidation zone ,currently it is near its 52 week high.A good upmove is intact in DRREDDY LABS. Looking a good stock to participate in Bull rally in coming days.
Darvasbox
HCL TECH - DARVAS BOX BREAKOUT SOONAs you see the price it is struck inside the rectangular darvax box pattern as same as Nifty IT index.
Nifty IT index has made breakout the resistance and hit ATH, the same way we are expecting the HCL also break the upper resistance and enter into uncharted territory soon
INFOSYS History to repeat #LONG
INTRADAY SYMMETRIC TRIANGLE FORMED
CMP -1385
ENTRY - 1398
TARGET 1 - 1404.60
TARGET 2 - 1409.00 & 1416
take trade once the candle closes the entry value.
SWING TRADE
DARVAS BOX BREAKOUT FOR LONG IN SUPPORT LEVEL AGAIN
CMP -1385
ENTRY - 1398
TARGET 1 - 1409.60/1426.15
TARGET 2 - 1452
trail the stoploss near T2 for 1500
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
TITAN : Darvas box breakoutNSE:TITAN was trading inside the range(box) for nearly 6 months and finally broken out with a wide range bullish candle supported by heavy volume.
Note : Before breakout the stock consolidated near resistance for around 6 days(Highlighted in yellow). Hence the stock might continue to rally for another session and then pullback. Always do not chase the price take it on a discount(correction).
Tide Water Oil (Veedol) 2yr Head and Shoulder / 1yr Rectangle BOMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
India Cements 3yr Head and Shoulders / 5mth Rectangle BreakoutMoving along with sector. Approaching ATH.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Jai Corp 2yr Head and Shoulder / 1yr Parallel Channel BreakoutMoving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.