NTPC can go above 198.70 ??Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it falls from now at every break down we can accumulate and make it as average . We will see it above 198.70 in few months... Thank you guys ..
Goodreward
BSE Ltd : Swing Opportunity with good Risk Reward setup NSE:BSE look good to long at CMP. The stock after a good breakout from symmetrical triangle , has now retraced to the breakout level. Volume on the downside are very minimal as mentioned in the chart which implies there is no bearish pressure. The stock most probably will rally from here however the overall market should support.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
Reliance: Good reward risk ratio. Targeting a profit of 101Hello Traders,
Reliance is expected to breach its earlier resistance levels, but we can swing trade it for a profit target of 101 against the stop loss of Rs 24. This is a good entry point, but because there was a high jump on the last trading day, you can buy that gradually watching for small pullbacks if any.
All the best for your entries ;)
SHORT : Big M Pattern Beauty of big M pattern is the good reward potential of reversing the complete trend from where it has started. We can see that stock has formed the pattern nicely and with little luck one can expect the price to the level of 90 which is a good reward. Stop Loss I leave at your discretion on your risk taking capacity.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.