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.
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.