Bank of Baroda Cup and handle formingPossible break in medium term horizon
Entry after breakout should be done and target of 135 can be reached.
As we can also see the 200ema is also visible at the neck line of cup and handle and the confluence breakout is the high probability trade setup.
Time horizon is 4-6 months
Highprobability
LOOKS GOOD TO LONG AFTER TODAY'S BREAKOUT !We've waited too long for this and today it finally happened, it gave a breakout over the levels of 170, stock has a lot of potential for some serious gains. One more thing to notice, almost every time volumes have been very low when the stock has fallen and very high when the stock goes up which indicates the stock has been well accumulated in the lower ranges. Bullish move is intact in the stock and a buy is recommended.
WATCHOUT FOR THE CLOSING ABOVE 390!!!Stock has consolidated enough on important levels and looks pretty much ready to give an Inverse H&S breakout above the mentioned levels, a buy is strongly recommended with a stop-loss mentioned on charts for the respective targets. Targets may look too far away but we've seen stocks doing a stellar job and achieving their targets in no time, just chip in!!!
APOLLO TYRES - Strong AccumulationApollo Tyres is in a range bound where we can spot strong accumulation. Price takes good support at previous resistance zone. One can accumulate when the price is in the accumulation zone and as the price breaks the high of the mother candle we could see some good up move with momentum.
Price might stay in this zone for a few days. More the accumulation time, stronger will be the breakout momentum !
Please trade considering your risk appetite !
ANOTHER INVERSE HEAD AND SHOULDER, POSSIBLE BREAKOUT OVER CMP!!!Stock is all set to give a big move after a lot of consolidation on the lower levels, stock can give a breakout once it breaches the CMP. A long position can be taken in the stock with the mentioned stop-loss for the respective targets.
MAKE OR BREAK for ITCITC is holding up quite firm. Stock was in uptrend all the way till August.
However rally has been seeing exhaustion and stock is consolidating in a narrow range between 50 and 200 EMA.
Consolidation usually leads to big moves. Directions though are not specified.
50 EMA is strong support whereas 200 EMA is strong resistance.
Stock is respecting the trend line as of now. Wait out for a signal to initiate a buy or short sell.
NOTE:- Do your own analysis before taking any bets. This is my personal opinion.
TVS is fetching profits from past 3 days (8th July 2020)It is satisfying all the rules which we follow to take a trade :
1. Always buy/sell with the trend.
2. Always wait for the last kiss/breakout.
3. Always buy the second candle after retest.
Please follow the stop loss as intraday is all about minimizing losses and maximising profits !!
Feel free to follow me on Quora (Jago Niveshak) for daily calls and screenshot updates for these trades.
A Perfect SUPPLY ZONE , aligned with higher timeframe, found this stock on scanning for SUPPLY ZONE,
there is a big move made by the financial institution ,hence forming this SUPPLY ZONE, its aligned with higher time frame, and the zone is testing for the first time so its fresh , giving us a PROBABILITY
i will not go long on this stock , buy will definitely SHORT this stock.
REGARDS
RAIFRAFI
STRADDLE IT ............... IBULHSGFIN I HAVE FOLLOWED IBULHSGFIN FOR OVER 6 DAYS AND NOW THE STOCK IS PERFECT CANDIDATE TO STRADDLE .... AS THE IV PERCENTILE IS 98 WE CAN NOW SELL AT THE MONEY CALL AND AT THE MONEY PUT TO TAKE THE ADVANTAGE OF HUGE VOLATILITY CRUSH ......... I WILL SIGGEST TO BUY IT AND KEEP IT FOR ATLEAST 10 DAYS .....TO GET A HANDSOME RETURN ...AND IF YOU WOULD LIKE U CAN EXIT EARLIER ACCORDING TO YOUR RISK APPETITE.
HAPPY TRADING
:)