IDEA
Adani Power: Looking for alternative powerAdani Power
CMP 47.35
- We observe a sudden surge in the stock from 34 odd levels to 64
- the red zone has acted as a major resistance zone since 2013
- it again acted as resistance and the stock has tumbled to 47
- this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels
- & if the stock is able to hold on to this zone of 38-47, then the chart pattern has a strong probability to go past the big resistance zone around 66 in it's next attempt
- once it crosses, doors would open up for movement towards 96 / 115 levels
One may consider buying in staggered manner for medium to longer time horizon.
Pattern gets invalidated if trades below 34
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial adviser if need be
IOB: Long term chart set upIOB
CMP 16.15
- We observe a break out in the stock chart
- chart suggest, stock price currently in consolidation mode
- the zone of 13.25-16 is very important for IOB
- if held on to the doors open up for further upside in medium to long term
Target for the current set up 24.20 / 32-35 zone
Pattern gets invalidated if IOB weekly close is below 12.15
Buy on dips strategy may be deployed...
Risk reward ratio looks good to accumulate the stock from a medium to long term perspective
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Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
IDEA SWING TRADE 1D TFIDEA is currently trading in channel and recently made a higher low, so we will try to trade for the higher high by initiating a long trade above @ 8.75 with StopLoss below @ 8.
IDea is above 200 SMAabove 200 SMA and has broken out of the falling trend line.. Keep a watch as it would go back and test the short term swing high.
Swing tradeAll explained in the chart itself
~this analysis is only for educational purpose~
Pls do comment if you have any query or suggestion for me
Railtel Good consolidation and upcoming Breakoutsee the chart i draw carefully , do follow me for more ideas on other shares like Asian paints , L&T , etc.. this is just An idea .
Bullish on VODAFONE IDEA Vodafone IDEA looks like at a good place to accumulate. The stock is exhibiting retracement at 0.50 Fibonacci from the last one year wave (since Mar 2020) and is slowly moving up the year long trendline. We are bullish in the medium term for 13.5 as the range target. Stop loss if the stock falls below 8.
A channel Breakout in IDEAA good channel breakout in IDEA on 4hr time frame.
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for educational purpose only
Ascending pattern + Insider bar + Island Chart | #Breakouttriple bonanza breakout it is :) if closes on these levels very good upside will be coming :)
HCLTECH 10 % PROFIT EXPECTINGHCLTECH took support and it is now going up. Expect a profit near 10 percent.
EXIDEIND - SHORTING OPPORTUNITYExideind has given multiple confirmations for upcoming downward movement. 1. Trendline Breakout 2. Resistance 3. Shooting star Candle 4. Retracement from 0.38 level.
#vodafoneidea levels for study purposeAAKHIR TUMHE AANA HAI ZARAA DER LAGEGI. SURVIVAL KA BAHANA HAI ZARAA DER LAGEGI. 19.35 BY AUG-SEP21, DEC 21 ONLY TIME WILL TELL.
