Finance
IBULHSGFIN#Watchlist
#IBULHSGFIN:- CMP 265.6 LOOKS GOOD FOR 300
INVAILD BELOW 220 DCB
#Disclaimer:-I just shared view for only educational purpose.
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 :)
SRTRANSFIN SRTRANSFIN (Daily):- Breakout Candidate :)
1) Rectangle Breakout Soon :)
2) Wait for Volume Conformation
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.