Reason- -EMA 20 support -In Daily demand zone -Sector support
Add small small qty at every support level. Keep booking partial profit at test levels Strong demand zone is at 187 level
Reason- -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
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
A 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.
TTK healthcare gave BO on 10 Aug, since then it was retracing & took support on its demand zone and it made a bullish candle. A good setup for Buy Candidate. buy above 510 WSL 470 for target of 523, 593. 523 is a minor hurdle, trail your SL to cost when it reaches to 523 level.
Heromoto has broken its swing high with volume, after consolidation at 20 dma. For a swing, in any dip it can be bought for the first target 3020-3025.
Next Block Buster: Positional Call: Buy range : 450-460 SL: 420 Targe : 510/550/600/630+
SUN TV break the 2 year trendline which acting as a dynamic resistance for it. Try to accumulate it in the range of 450-420 it will give very good profit in with in 1-3 months. 530/680+
cummins india is trading above its rising trendline. It can be bought for swing wsl 430
The trade is based on significant demand zone, channel breakout and retest, and Fibonacci Retracement. Positional Buy Entry above : 398 Stop Loss: 334 Target 435/460/520 Duration: 20-30 trading sessions Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible...
Torrent Power looks' good if it will manage to sustain above it's Strong demand zone @ 335-340. If it will manage to sustain above this zone then it may test it's next Supply Zone @ 350-357 on the upper side. Thank u :)
Baj Elect has broken its swing high and resistance, once broken 475 new high can be seen
Since, it didnt breach its support and formed a good bullish candle after a week consolidation, will look for now a buy opportunity if sustained above PDH (Previous day high)
Blustar resisted from its swing high 562. 585-562 is supply zone for Bluestar. Once broken this level, buy can be initiated.
Bluedart is trading at its major support 1940. Breaking this level at EOD basis may bring more pain in coming session
NMDC is trading near its Previous Swing High. There was a long consolidation for one month. Breakout from this level may bring new highs. Buying only should be done once this level will be broken