RECLTD | Lets see if it is doubling this year, i see it is in expansion mode. CMP : 132 SL : 110 Target : 167, 180, 220 Same time smaller time frame has - RSI positive divergence and previous week Hammer candle gives hope for short term 15% move
A bullish signal (hammer) at a key support level also with high volumes indicates some upmove in the price.Can enter long above the hammer high with the above mentioned target and stoploss levels. Hope stop loss won't hit.
Waiting for breakout, if happen in next 2-3 trading sessions can give rally of +20%. CMP - 2884 Target - 3150
PVR | Small channel swing opportunity for 18% CMP : 1378 SL : 1280 Target : 1620 Almost 1:3 risk reward.
TITAN | Good risk reward near Channel and Trendline support - Good looking hammer candle stick CMP : 1425 SL : 1375 Target : 1585 Almost 1:3+ risk reward setup
Amid the market volatality the usdinr is slightly away from observation but here the setup formed in it is very promissing looks good for buy ,it can take support from this level because it is a strong support on chart
A hammer after a fall at the major support and rsi bullish divergence suggests a strong up move for the short term.Go long with the above mentioned target and stoploss.
Buy above the hammer high with above mentioned target and stoploss.
buying idea for tech Mahindra in futures contract ( 31 DEC 20 FUT )
One can Initiate buy above 1315 as it will break recent swing high also for double confirmation
very good setup Positive Hammer Golden crossover Trend line Harmonic pattern Higher highs formation
Good to go long above previous day high i.e 1320
R:r Great Buy above day high with stop at day low. Trail it ~Markets are driven by humans and human nature never changes.
Stock has retraced 50%, A good R:r risk reward setup. Long above previous candle high with stop at low. If it fails, no issues , i may take SAR trade. Let's see how it pans out. ~Fear and greed are your greatest enemies
1) Trendline Support + Hammer Candle (30 Min, 1 Hour, 2 Hour) + RSI recovery 2) Recent delivery volume data's are solid, buyers are utilizing the dips Last day : 60.19% 3 day : 56.22% 5 day : 39.47% 8 day : 44.45% CMP : 121.15 Target : 129.50 SL : 118.50 1:3 Risk Reward