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Rattanindia risky but good upside expectedRattanindia power is very risky study. but if it breaks 16.80 mark. it may lead to good upside move till 21 straight. After that according to my fibo extension method. it has good target. but again tell you very riskly. It will become weak below 15 closing. Be alert on that levels. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware. DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
NSE:RTNPOWERLong
by ashishhc
3
OriRail - Flag and Pole Breakout. Buy Above 388Oriental Rail Infrastructure is engaged in the manufacturing and supply of several items for the Indian Railways and other industries. It manufactures products such as Seat & Berth, Densified Thermal Bonded Block (DTBB), Compreg Board & Allied Products, ORVIN, Recorn, Coated Upholstery Fabric, Furniture & Parts, Plywood and Phenolic Resin & Hardener, Rubber floor with 30% Market Share - Stock has formed Flag & Pole Pattern. Best to Buy Above 388. Strict Stop Loss of 262 Disclaimer : Sector Tailwind hence seeing good momentum. Exercise caution and adhere stop loss if it falls below and Please treat this as Educational content and not as a recommendation
BSE:ORIRAIL
by jain_geetesh
Paras Defence waiting for good volumeAlways remember, Breakout and breakdown with low volume is of no use. Yesterday I posted update on paras Defence. It closed below previous day low and before that, it has given flag pattern breakout. Both break out and breakdown happened with low volume. so strength was missing. Today There's an inside candle formed on closing basis. I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20). If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down). What should we learn here. Longer the accumulation time, stronger will be the breakout.
NSE:PARASLong
by atuldev-investing