ITC: coming out to be potential long candidate with excellent RRITC is one among the controversial stock of 2020.
Everyone is seeing value in business & company prospects but same is missing in stock. There are many reasons and all are subjective to conclude it simply, its not retailers logic which move the stock and ITC case is best fit.
Technically ITC is sitting at excellent setup, MAY give good momentum as recent spikes are indicating there is buying force turning into ITC. My reason f posting this stock is excellent Risk to reward.
So CMP could be start point of accumulation journey of ITC.
Note- This is not recommendation, you are advise to derive your own analysis trade as per your risk and reward.
Gartley
Indiamart Intermesh - Bullish GartleyIndiamart forming bullish Gartley in hourly timeframe.
Also, stock seen to have a bullish RSI divergence. Looks like a good buy.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
BDL 🌿 buy @350-360 range 🌿
sl 330🛑
trgt 388-400-420-500++🎯
study then invest🙏
💠 Indian defence kkaa benefiting company
💠super growth expecting
💠long term trgt 500-600++
💠super postive q3 published
💠stock in a uptrend
💠maybe it take support from current level
💠or wait for reversal confirmation💞☢☣
about bdl
Bharat Dynamics (BDL), is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments 🌿
BataIndia- Bullish Gartley Harmonic Pattern for 1585-1650+As per Last Idea - Suggested to Buy Only above 1585 - Stock gave close chance but failed to hold 1585 levels
Buy Only above 1540 (Till the stock holds above 1540) -Good to trade for Targets - 1585 / 1650 / 1700
------------------------------------------------------------------------
Last Idea - Bearish Butterfly (Buy & Sell Later)
------------------------------------------------------------------------
GODREJ AGRO for Short & Long🔰long + short term entry possible🔰
✨Buy if possible @ 500-530 range
✨trgt 600-650-750
✨silent growth
♻ superb Q3 numbers published
💢Godrej Agrovet Q3 (Cons, YoY)
💢Net profit up 32.8% at Rs 68 Cr Vs Rs 51.2 cr
💢Revenue down 14.4% at Rs 1,526.2 cr Vs Rs 1,782.7 cr
💢EBITDA up 11.9% at Rs 112.5 cr Vs Rs 100.5 cr
💢EBITDA margin at 7.4% Vs 5.6%
Apollo Hospital Multiple Trades, both Long and ShortPossible Gartley Formation:
1. Risky Traders: Can take Short Position @ CMP(2406) to 2427 and anytime below these levels as well:
A. Target : 2339/2340 (Which is a pivot point as well, further better target)
B. Stop Loss : 2430/2431
2. All Traders: Can Take a long position from 2339/2340:
A. Target 1 : 2383/2384, Target 2: (Will be updated later, once trade is ativated)
B. Stop Loss : 2323/2324
NOTE:
1. Very high reward with very low risk in both the trades.
2. Apollo Hospital follows harmonic patterns most of the time, backtested from previous 2 years data.
3. This Post is for education purposes only.
NATIONALUM, Harmonic Pattern & Fib. Ratio (Investors).Two important fibs ratio for Gartley -
XA retracement at 44 at 0.786.
1.618 CD projection at 46.25 .
=> 1.618AB = CD @55 ( investors )
The previous important level at 37 ( The price should not fall below it for long position)
Note: Investors should wait for pullback to enter.
=======================================================
Elliot Wave - Bottom is out? or new EW-Cycle.
Let's compare Elliot Wave of HINDALCO:
Longer & short TF - TimeCycle, NALCO.
Fundamental & Hindalco of the % move > relative to NALCO.