Puravankara Ltd
1) Time Frame - Daily.
2) The Stock has been in a Consolidation since (January, 2024). Now It has given a Consolidation breakout & Closed above it's (January, 2024) High with good bullish momentum candle & with huge volume in daily Time Frame.
3) The stock may find It's next resistance around the (price 353) in short term
5) Recommendation - ...
IFBIND
1) Time Frame - Weekly.
2) The Stock has been consolidating in a downtrend channel since 2021 & Now It has given a 3 years Downtrend breakout with huge volume & strong bullish candle close in weekly.
3) The next target / resistance would be its previous life time high (1546.95 - 24.5% from the current price 1241.95).
4) Recommendation - Strong Buy
ALLSEC
1) Time Frame - Weekly and Monthly.
2) Stock hit the previous Life time high 747.90 on 2022, January and Now the stock has broken It's Life time high 747.90 with huge volume & strong bullish candle in weekly and closed at It's All TIme High.
3) Option 1 - With the strong weekly close in All Time High, Buy at this current level.
Option 2 - Wait for the...
Crisil weekly trend analysis.
> Falling wedge breakout
> 7 months downtrend break on weekly timeframe. (From may 2022)
> Size of the pattern is 890 rs.
> Forming an Inverted H&S Which is bullish pattern.
> Entry break and trade above 3100.
> Potential targets 3223,3424,3626,3840.
> keep will be 7-10% below entry price.
> position size : 10-20% of the trading...
NSE:GRANULES has broken the Downward sloping trendline and managed to close above it in Upward Direction with heavy volumes. Targets for the same will be the previous peaks of the trendline.
* It is my analysis and no recommendation to buy or sell
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
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 20DMA (on a daily close basis)
SELL...
In daily timeframe, AMARAJABAT showing the breakout of downtrend channel. After this breakout if this stock sustain above 720 level then expected 825+ target in upcoming few trading session. Can go long above 720 with nearest stop loss of 690 for target of 755,790 and 825+ targets.
Lets goo finally out of the down channel ... time to trade it :)
manage your risk...
positional hold till the near time high and SL can be near time low.
In today's session, We have seen downtrend channel resistance breakout in SBIN. This indicates a strong bullish move in this banking stock. If it sustains above 275 level then we will see aggressive upside target of 330 and 370+ for the short term of time.
Possible Trade:
Buy SBIN Above 275
Stop-loss 260
Target 330 370+
In today's session, Jubilant Food made a breakout of the downtrend channel. Possible it will show small retracement before the bullish rally towards the 2450+ levels which is nearly 200+ points from entry-level.
According to Fibonacci retracement possible, it will retrace till 2200 level once. After that, if it breakout the rejection level of 2245 then we can go...
![AMARAJABAT: [Short Term] Downtrend Channel Breakout in AMARAJABAT](https://s3.tradingview.com/a/auzBpLcj_mid.png "[Short Term] Downtrend Channel Breakout in AMARAJABAT")
