Features on chart :- 1. Channel pattern breakout coming. 2. Flag and pole pattern. 3. Volume contraction. 4. Price contraction. A trade above 2000(after breakout) will give a high probability trade with risk reward of more than 1:5. Follow for more such ideas.
#Watchlist #INDUSTOWER (W):- 213 CMP, Looks good for more upsides, invalid below (190 WCB SL) 1) Trend Reverse (Dow Theory) 2) RSI Hidden Divergence at CIP Zone :) #Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions
stock given a good breakout and now after a healthy retest it is ready to fly off !!! high conviction trade. comment your doubts :)
The stock is currently trending in a flag pole pattern and looks to be a good break out candidate. Results are expected tomorrow and are expected to be good. Other Supporting Technicals: RSI - 64 (bullish but not overbought) ADX - 26 (suggesting strong trend) MACD is above its center and signal Line, this is a bullish indicator.
buy level- 1030 to 1060 target- 1100- 1140-1175 & all time high 1348 time 2-3 months return more than 25% KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL NOTE – EDUCATIONAL PURPOSE (Consult your financial advisor before any decision)
buy level- 2051 to 2100 target- 2300-2400.2500 time one month 22% return expected KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL NOTE – EDUCATIONAL PURPOSE (Consult your financial advisor before any decision)
Possible 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
Info Edge has broken down the trendline and also forming a curve pattern. And also given a closing below important support. So it shows a high probability of falling further to support.
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....
Analysed levels mentioned on chart!!! Regards @MrAkshatP
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 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,...
BEL | High probable INHS pattern - Looks good for 40% CMP : 136 (Can buy in dip upto 125) SL : 115 Target : 190
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.
TATAPOWER | Inverted Head & Shoulder - Looks good High probablity setup and has potential of 35% Expecting breakout next week CMP : 62 Target : 85, 100
ONGC, The Maharatna with second largest MARKET CAP in PSE, is trading at good valuation. Our strategy for trading it as follows:- Enter ONGC at CMP: 100 Short term target 112.5 (within 5-8 trading sessions) 12.5% Long term target 130 (within 2 months) The SL can be placed at 89.5
It gave earnings gap up on 16 nov. Its also BGU (buyable gap up) setup by Gil morales. Volume is 700% above avg which is just too much. On friday, held the BO line giving a pullback buy. So, high probability setup.
HITECHCORP : Break out confirm : looks good for positional