Holding
NIACL - Long OpportunityCMP 238.30 on 04.06.24
A long setup is spotted on the charts. If crosses and sustains above 248, the next target can be 300+.
Skill in position sizing and accumulation is needed in this trade setup. Let this understand -
We have to buy from 238 to as low as 222. We have to buy in a way that at the time when the price drops to 222, our risk-reward ratio should be comfortable according to our risk management. That means our loss should not be more than what we have decided now.
Let's have an example -
Buy 100 at 238
Buy 50 at 232
Buy 50 at 222
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Average price is 232.5
Loss at the time of exit - 4500
Profit on the target of 300 - 13500
It comes around 1:3, which seems good.
One can reduce or increase the quantity according to one's risk capacity and management.
The above illustration and examples are only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Indiabulls looks bullishThe weekly chart shows the possibility of a breakout above 200. MACD is also showing a bullish crossover. If crosses and sustains above, An early target will be around 300.
At this point in time, the risk-reward ratio is quite good. One should wisely choose the position size and manage the risk. Better to accumulate up to the levels of 160 {if goes down}.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
Hold - godrej consumerDon't panic if you have Godrej Consumer in your portfolio.
Why is the stock price falling?
The stock price is declining. Because Godrej Consumer's management recently published a report in which they stated that "may be in Q2FY23 EBITDA margin can go down due to commodity price and inflationary pressure."
TATACHEM | Flag range breakout - Looks 50% and above is possibleTATACHEM | Flag range breakout - Looks 50% and above is possible
CMP : 812
Support : 700
Target : 1100
For short term we can keep the SL below 780
Since we are in uncharted territory and taking the entry only based on chart patterns / technicals its advisble to hold atleast for 1:3 risk reward
Bajaj Holding (Better be Long Side)I am looking for Buy setup on Bajaj Holding Above 3543 with Stoploss of 3516, Target:1- 3584, Target-2: 3620.
Short term Positional trade.
This is analysis for my own trading and to help other to make their view. Take Paper trade with me and see the result in 1-2 months of trading then start taking small trades with me and don't forget to like my study.
ITC breakout ITC breakout, is the only FMCG stock that looks very attractive, fundamental and technical are good the stock just breakout from the falling wedge pattern if its cuts day high. We can expect the target of 225, It's a very good stock we can expect 2000++ the coming decade those who are long term investors buy on dips stock and stock also provide good dividend yield so any long term investor buy this stock and hold it
(Buy on dips is the strategy for this stock)
IRB | Simple breakout - 15% potential opportunityIRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.
CMP : 120
SL : 116
Target : 138
Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always average less than the previous position size)
Short term holding in Ultratech CementHello Friends, Ultratech looks very attractive for the short term holding. it has given flag and pole breakout on a daily timeframe with high volume. MACD is in a positive state on a weekly timeframe and stochastic is also in a positive state on the daily time frame. it is having potential strength for moving upward towards its target.