Get started

IDEA

Shree Renuka Sugar: Enjoy the sweetest thing...!!!Shree Renuka Sugar CMP 15.66 On 21 June, when stock was @ Rs 13, we highlighted how chart is indicating good times for Renuka Sugar is round the corner... Well today the stock is up 20%... No one can time the market.... but when time comes you can surely make the most of it... All we need to do is... - Do our homework... - Identify key levels - Understand Risk Reward ratios - Be ready with a Plan & - let the story unfold itself...!! Study and Patience are 2 key things... Enjoy your week end Take care & happy investing..!!!
NSE:RENUKALong
by indiamarketoutlook
2
Plastiblends: Breakout looks good and trend is up... BULLISHPlastiblends Cmp 593 Observations from chart: - the stock has given a breakout & has come out of ascending triangle - consolidation phase within triangle is of nearly 10 months in 1st chart - this is generally a low volume stock with occasional spikes in volume - MFI & RSI are currently in overbought zone -- in the short term, stock may retrace & test breakout zone around 560 & confirm if reversal of role i.e earlier resistance to act as support zone now holds true... Given the set up - Any dips towards 560 provide good opportunity to go long for target of 680 over medium term & 840 over medium to long term. One of my friend who follows Fundamental Analysis to the core is quite bullish on the stock & has a 3 fold target over longer term. Do review and check with your financial advisor before taking any decision... As always, review your trading plan & Plan your trade accordingly...!!! Take care & safe investing.....!!!
NSE:PLASTIBLENLong
by indiamarketoutlook
Delivery by IDEA with a target of 128By IDEA at 92.35 target 127.9 sl 80. There's strong Bullish Engulfing pattern formed in weekly chart. This's such a good time to enter IDEA. Because this's now moving after deep correction, consolidation and volatility . It has closed above the middle band of Bollinger Bands and the RSI and Volume also looks very positive stock catching. Things looks like an IDEA can fill your your pockets very soon... (Analysis is based on Bullish Engulfing pattern)
NSE:IDEALong
by Santhosh_S
"Risk comes from not knowing what you're doing"-Warren BuffettHave projected my views on the chart itself... It is the downtrend in VIX which is helping push / maintain Nifty in the upward direction... Keep a close eye on Volatility index as it may be an early indicator to signal a reversal in market. And if VIX starts moving up towards 24 some time later this year (it has tested 24 levels each year in the last 5 years), and barring once during 2014 election time, on 4 other occasions whenever that has happened Nifty has seen a fall of 10-15 % magnitude. You definitely would not want to be a buyer in that market... Take care and safe trading...!!!
NSE:INDIAVIX
by indiamarketoutlook
IDEA Long SetupWhoever missed the Idea spike up recently, Idea is at 50% - 62% retracement fibonacci buy zone. The 60 min chart shows a hidden bullish divergence on RSI with a bullish MACD crossover in this zone. The stock is finding support at this zone. Aggressive traders can enter long at the current support level. Conservative traders, enter the trade at the break of trendline or at the fractal break. Keep the stop loss below the swing low. Targets: 97.30, 103.00, 108.00
NSE:IDEALong
by n.bhaskar1993
3
Nifty may go 10000+ in next 1 year.First of all, taking lessons from history, some similar sort of pattern/retracement took place. Here, I have tried to match the fibonacci pattern that was evolved in 2008 with present pattern. In 2008, reversal was shown right at 0.6%. So, in present pattern 0.6% shows 8186. This 0.6% retracement level is very much important for future course of action. This level will be extremely crucial and will indicate the strong bullish nature of nifty. Hope so my speculation will be bang on.
NSE:NIFTYLong
by dekadipak70