It looks the end of the down side as the stock gave a BO on daily chart. We can also see that the stock has bounced from the demand zone where we can see max number of candles traded previously. This trade has a very good risk reward ratio as the stock can reach previous high. Buy with a SL below the demand on closing basis.
BEL is looking very strong and after a good consolidation for weeks between 200-230 for multiple weeks you might see some very good movement here. Levels are explained in charts Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MFSL has bounced from a strong weekly demand zone after a significant decline. If able to sustain above 805, can resume its up move.
NSE:EICHERMOT Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus...
This post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry points. NSE:BEPL Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian...
HDFC has been following the parallel channel and currently at the bottom end of the channel. It is also at a strong support area.
Fundamentally a strong stock at a very strong support/demand zone. Can be bought at CMP with long term view.
NSE:TTKPRESTIG TTK Prestige is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. It is the No. 1 Brand in Pressure cookers, No. 1 Brand in Cookware, No. 1 Brand in Value-added Gas Stoves, No. 1 Brand in Induction Cooktops, India’s only company to offer the complete Induction Cooking solution and it is the No 1...
This post is not for traders who want to trade with stop loss. This is for long term investors who wants to buy fundamentally strong beaten down names at a good entry points. NSE:KSL Kalyani Steels Ltd, a part of Kalyani Group, is primarily engaged in the business of manufacture and sale of Iron and Steel Products. The product portfolio of the Co consists of...
HTMEDIA is bouncing off the Support Trendline & Demand Zone. Stochastic RSI is in oversold Zone & given a crossover. A trade for a 1.5/1 RR can be taken, above 27.95, with a SL of 25.5 & for targets of 31.7. Always take trades based on your risk appetite. Happy Trading!
In the past all M&A transactions have taken place at a price to embedded value of 3-3.5 embedded value post acquiring exide life insurance is around 32000. when the market cap dips below 112000 cr start accumulating the company. embedded value is the present value of all the future estimated profits on the policies currently written while accounting for the...
Counter is trading around confluence of support zone,, lets see if support zone is respected
can they refocus only on generating economic profit there has been a management change look at the chart for more details
Hello guys, last few days have been volatile so I was not giving many trades, seeing the market it is now better to take the trades on support rather than on breakout as most of them are failing. Astral retraced 78.6% from last swing high. Sitting above flip level Near Demand/Supply conversion zone Bounced from 200 MA cluster Immediate resistance at 2095 -...
Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hikal taking good support on Demand Zone. can show good upside