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Golong

Emerging aerospace and defense manufacturer NSE:CYIENTDLM Overview: NSE:CYIENTDLM is a leading electronics system design and manufacturing player in the aerospace and defense sectors and other high-tech engineering segments. It is attractively priced to enter into a short term trade. Fundamentals: As it is a high growth company, it has high PE ratio of 88, however its financials supports its expensive valuation. Sales have grown by 44% and Profits have risen by 90% YoY. With a PEG ratio of 0.64, it is expected to grow at a fast pace. Technicals: NSE:CYIENTDLM has been trading in the range of 600 - 700 for the past 9 months. It faces resistance at 700 level. If it crosses 700 and closes above it, it can target its next resistance which is at 800. The Relative Strength Index gives a bullish indication as the RSI line (green color) has crossed above the Signal line (yellow color) and the RSI is not in the overbought zone. Strategy: When NSE:CYIENTDLM forms a green candle and closes above 700, you may enter into a long position with a stop loss at 650. When the stock reaches 800 - 810 range, you may exit your position. However those with higher risk appetite may exit position when it makes a fresh 52 week high.
NSE:CYIENTDLMLong
by Aryan_Devaiah
Easy 20% return with Piccadily Agro IndustriesBSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon. Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value. Fundamentals: BSE:PICCADIL is a very fundamentally strong stock. It has high ROCE and ROE of 29.6% and 30.6% respectively. BSE:PICCADIL QoQ sales have increased by 62% and QoQ profits have increased by 121%. This shows it has got healthy growth going forward. Also its revenue mix is starting to be dominated by the distillery segment over its sugar segment. This showcases BSE:PICCADIL has diversified in the right direction, in turn unlocking more value for its shareholders. Trade Setup: Buy BSE:PICCADIL when it hits 780, place a stop loss at 720 and a sell order at 960.
BSE:PICCADILLong
by Aryan_Devaiah
Medium term opportunity in Refex Industries for V.good upsideHi, NSE:REFEX has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:REFEXLong
by raigvivek
4
Medium term trading opportunity in Black Box for V.good upsideHi, NSE:BBOX has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:BBOXLong
by raigvivek
Medium term opportunity in Coromandel for >20% upsideHi, NSE:COROMANDEL has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
BSE:COROMANDELLong
by raigvivek
Medium term opportunity in Oriental PG Electr for V. good upsideHi, NSE:PGEL has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
PLong
by raigvivek
1
go long in Kennametal IndiaAn Inverted Head & Shoulder Chart Pattern Breakout happened on the Weekly Time frame of NSE:KENNAMET Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. One can initiate the long trade as per the lavel mentioned on the chart Stop loss will be on a Weekly closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for Educational Purpose only.
KLong
by raigvivek
Opportunity to go long in AEGISCHEM.since the zone of 440-444 has acted as a support/resistance zone previously, current price action showed rejection to the same zone and sustained above the same. with the better risk reward ratio we can go long with previous low as a SL With the above mentioned targets in the chart. Rsi is also near to oversold zone. so, would suggest to go long. #ENTRY :- CMP (345-355) #TARGET :- T1-361, T2-375, T3-386. #SL :- day candle closing below 339. THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
ALong
by Ankushkokane
Astral buy above 2115Hello guys, last few days have been volatile so I was not giving many trades, seeing the market it is now better to take the trades on support rather than on breakout as most of them are failing. Astral retraced 78.6% from last swing high. Sitting above flip level Near Demand/Supply conversion zone Bounced from 200 MA cluster Immediate resistance at 2095 - 2110 Buy above 2115 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:ASTRALLong
by this_is_shoaib
Reliance bullish swing above 2400Hello traders, no updates on the last stocks due to limited time I have right now. Reliance has been following a supportive trendline for about 6 months and now it is following a resistance trendline for about 2 months, it is time for the intersection of these trendlines to complete the symmetrical triangle. When it gives a breakout from this triangle go long for the upper marked targets. Buy above - 2400 Targets marked in the chart above RSI in the bullish zone MACD above signal line Stock above 200 ma cluster Above flip zone Symmetrical triangles tend to be a continuation pattern and in this script I'll consider going long as a better opportunity. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:RELIANCELong
by this_is_shoaib
4
MSTC near DEMAND/SUPPORT ZONEAfter a big fall of nearly 130 points, MSTC is currently trading at/near Demand zone, we can also call it as support zone. Previously the same zone acted as a Résistance/Supply zone, which is indicated by red arrows, seen a strong rejection from upper level. After being in a channel for long time A strong Candle closing with huge volume can be seen in weekly chart. In bearish market we can see the price has respected the demand/support zone very beautifully and sustained over the important zone. In weekly timeframe we can see MORNING STAR Candlestick Formation on the Demand/Support zone which indicates the strong bullish Reversal after a downfall. Can go long for the given Targets of level 400 and 470 in midterm like 10-12 weeks. Go long with the Strict Stop-Loss of Level 320 (candle closing below basis). ABOVE POSITION/ENTRY/VIEW IS SUGGESTED ON THE BASIS OF DEMAND AND SUPPLY ZONE OR SUPPORT AND RESISTANCE ZONE. TAKE THIS STUDY AS A EDUCATIONAL PURPOSE, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE. THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
MLong
by Ankushkokane
MOTILAL OSWAL FINANCIAL SERVICES above the RESISTANCE ZONE.In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level (only on candle closing below basis). Previously when candle closed above the resistance zone ,showed a quick upside movement of 170 points move. so this time we can expect somewhat same movement. If you are long term holder this can be a good pick for the ultimate target of 1587 level. ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF SUPPORT-RESISTANCE OR DEMAND SUPPLY ZONE. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE. THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
NSE:MOTILALOFSLong
by Ankushkokane
Range Breakout in HOMEFIRSTIf you look at chart at around 623-618 zone, we saw price rejection/resistance from this level. today in 1D timeframe the candle has given strong closing above the resistance zone with unusual volume which sounds good for this trade And same zone 623-618 will act as a support zone. Can make fresh position at CMP OR if you see any pullback/retest/backtest from these levels can also a good candidate to go long. it'll be better if we get this trade at around 650-640 level. would suggest to go long for the given targets of 713.50 & 794.50 with strict stop loss of 610 (only on candle closing below basis) ENTRY :- CMP OR AROUND 640-650 RS TARGET :- T1 713.50 & T2 794.50 (TARGET IS DETERMINED BY PREVIOUS SWINGS FROM THE RESISTANCE LEVELS) STOPLOSS :- 610 (ONLY ON CANDLE CLOSING BELOW BASIS) THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
NSE:HOMEFIRSTLong
by Ankushkokane