Demand Zone
INVESTMENT IDEA on SUNPHARMA | Rising Parallel ChannelStrong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%
The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological price level of 500
3. Price is sitting just above an important demand zone (495-505)
LIKE AND SHARE if you like our investment idea. Do let us know your opinions and suggestions in the comment section below.
Trading Experience: 2.5 YEARS
NOTE: The above mentioned view is our personal view. We are NOT SEBI registered. You are solely responsible for any losses that you might incur from our signals.
IGL Strong buy @ 377 to 390 Demand ZoneIGL Buy @ 377 to 390 Sure Shot Target 465
Target 2: 609, Target 3: 755, Target 4: 990
Note: Study Purpose Only
MANAPPURAM @Buy 140 to 146 Demand Zone Demand Zone
MANAPPURAM @Buy 140 to 146
1st Target is Sure Shot 170
Technical Analysis
Study Purpose Only
ITC ITC (W):- Itc best demand zone of 2016 retest and bounce, buy on dip 185₹ for tgt 210 with sl 167.5₹ clbs
#ascending triangle pattern
#Disclaimer:-I just shared view for only educational purpose.
Grasim | Long | Short Term ViewGrasim Has broken through the Supply Zone and broken the ascending triangle and now created its new short term demand zone
Look for a pullback .
Recommendation
Entry should be some where between 644 to 654
Stop Loss 608
Target - 729
Key Factor for consideration
High Volume
Strong breakout
Triange pattern breakout
Hugh Candle formation
LONG SUNPHARMA; TARGET 583-591 IN 10 SESSIONSSUNPHARMA LOOKS STRONG AND TESTING THE BORING CANDLE; SHOULD TURN POSITIVE AFTER TOUCHING THE LATEST DEMAND ZONE AND CAN GIVE THE TARGET AROUND 583-591 IN COMING 8-10 SESSIONS.
THE DOWNSIDES LOOKS SHORT AND HENCE HIGH PROBABILITY TRADE.
Bank Nifty Next Week Supply and Demand ZonesVery Strong Demand Zone @ 23000-23200
Demand Zone @ 23800-2400
Supply Zone @ 24900-25150
Supply Zone @ 25800-2600
If bank Nifty will manage to sustain above 24000 then I may sell 24000 put.
In any case If Bank Nifty will trade above 25150 then I may tong a long position in Fut for the trade of next supply zone @ 25800-26000.
I will think for the call writing or short position in fut if it will trade below 23800.
Thank x
Lupin-Very strong buying zone Enter at 857, do wait for the levels or keep adding stock in small small quantity.
Reason-
-Strong demand zone at daily time frame
-Weekly EMA 20 support
-Monthly EMA 20 support
Buying opportunity in Birla corpReason-
-Currently in Demand zone
EMA 20 support on daily, weekly and monthly Time frame
Bandhan Bank-Zone inside the zone supported by golden crossoverBest buying opportunity at 281
Test levels are highlighted i green
Buying opportunity in ALPA LAbIts a good penny stock for long term investment as well.
Shor term targets and support levels marked on the chart.
Add ITC at every support levelAdd small small qty at every support level.
Keep booking partial profit at test levels
Strong demand zone is at 187 level
Ho long with SBI lifeReason-
-Demand zone
-EMA 20 on weekly and monthly time frame
-Golden crossover on weekly time frame
-Do refer test levels marked and enjoy the rally
Long BHEL Risky One as from 2010 it was in downtrend but the positive point is very heavy buying volume .
Buy from current price 39.20 (aggressive)
@42.50 (save entry)
SL 34.50
Target 60/80/90/100/120+
Trade duration 6 Months
Laurus labs | BUYA very positive opening for the stock of Laurus labs. It has rallied past the prior high (₹1,155.9) and registered a fresh all-time high today. The stock is riding on a significant upside momentum and the fresh breakout will only make the case stronger for the bulls. So, declines can be used as an opportunity to go long in the scrip.
