Finance
Home first Finance Ready for Min 20% returnsAs per my Technical it shows Range Breakout and First time give good closing above consolidation range in weekly
Good to buy at CMP 599
CLBS 520
Tgt 700 800 900++
IBULHSGFIN#Watchlist
#IBULHSGFIN:- CMP 265.6 LOOKS GOOD FOR 300
INVAILD BELOW 220 DCB
#Disclaimer:-I just shared view for only educational purpose.
Bank of Baroda - Inverted Head and Shoulder Nice consolidation, and strong inverted head and shoulder pattern. A strong move can be seen.
Clear breakout in Aditya Birla FashionIn the daily chart, rounding bottom with a breakout at 223 levels has been formed with huge vol.
1st target will be 246-250 based on the weekly chart. And put SL on the current daily candle bottom.
PFC BULLISHSupport and resistance marked on chart. parallel channel also marked
If sustain new level can be seen
IBULHSGFIN(1D), Ascending Triangle FormationIBULHSGFIN: NSE, 281.80 CMP :)
Looking good for long term as breakout is there and with ascending triangle formation :)
Huge Volume support :)
EDELWEISS: A GOLDEN OPPORTUNITY?!Stock has been showing a lot of bullishness recently. It has recently broken the accumulation phase, and is on its path upwards. A strong resistance at 85, which if broken will lead to targets 130, followed by 200!
SRTRANSFIN SRTRANSFIN (Daily):- Breakout Candidate :)
1) Rectangle Breakout Soon :)
2) Wait for Volume Conformation
LICHSGFIN LICHSGFIN (Weekly):- CMP 480 LOOKS GOOD FOR UPSIDE :)
1) Multiyear Breakout :)
2) Volume Dry
KOTAKBANK-if crosses above 1813, it may head to 1823 (T1) and than 1832 (T2).
-*if fall below 1803, avoid buy trade, but can be sold with proper SL*.
-for swing trade, it can be holded for around 3-4 weeks for Targets upto 2K.
Cup & Handle in LIC Housing Finance +++ @RishabhSoti +++Cup & Handle Formation in LIC Housing Finance. All home finance organization are doing well.Wait for one candle close above breakout.
Then Go Long on WCB.
Thanks Enjoy !!!
Finance sector is in good mood , may touch previous highs Finance sector is in good mood , may touch previous highs
Long HDFC Life | Buy on dips till 660 | Possible Breakout1. Around strong support zone 656-665
2. Retracement done from high to low (More than 0.618 fib level) , but currently above 0.618 fib level
3. Consolidation going from few days (possible breakout anytime)
4. MACD about to give crossover*
5. Taking support from almost an year old trendline ( starting from 12 June 2020)
5. Decent delivery percentage (around 40% on 21/ 05 /2021)
TIP : BUY ON DIPS TILL 660....(eg : if you want to take 50 quantity .. take 20 then if goes down take 15 more... then 15more and so on till 660
SL - 654
FAVOURABLE RISK TO REWARD = 2:5 (for Target ->725)
Feel free to share your feedback and queries.
Intraday Levels Good Simple SetupShort Below-1255
Target- 1227
Buy Above- 1275
Target- 1292
SL For Both- 1265
Good Simple Price Action Setup..
Long Mahindra Finance @151| May Break the trendline resistance|The stock has closed just above its SUPPORT ZONE OF 148-151. History - This ZONE had acted as a SUPPORT for long time.
Possible Reversal can be seen.
1. At strong Support zone
2. Retracement done from high to low (61.8 fib level)
3. Consolidation going from few days (possible breakout)
4. RSI divergence in smaller time frames.
5. MACD about to give crossover*
5. Decent delivery percentage (around 26% on 14/05/2021)
Buy @cmp for a near term TARGET OF 175-180 (OR 50-DAY EMA)
SL - 146
FAVOURABLE RISK TO REWARD = 1:5 (for Target->175)
Feel free to share your feedback and queries.
NBCCEnter above 53
SL at 48
Target 64/70/80
OR
Enter at CMP (might face resistance at 52-53 level)
SL at 42
Target 64/70/80
#PNBHOUSING #50%+ #DHFL #LICHSGFIN #FINANCE #LOAN #HOUSINGFIN #PNBHOUSING
NSE:PNBHOUSING
CMP: 372.35
Target: 584
Stop Loss: 306
Time Frame: Less than 3 months
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above RESISTANCE
Trading at SUPPORT .
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
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With 💚 from Rachit Sethia
