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Indianstockmarket

ITC Long Position in CashITC is has created a symmetrical triangle after falling in COVID Crash and currently resisting at around 240, which is near to falling trendline resistance on the monthly candle bar. Considering a long consolidation of the past 6 month has created a strong base of buyers. If stock retraced around 215-225 then, buy in small quantity till to 245 will be a good investor move. Above breakout of 240-245, buy-on dip should continue till all-time high breakout. Above all time break out, conside a TGT fpr 600-630-650 as profit booking zone. Time is not considered but since, all stock had bull run then ITC, possibly a new high of CNX Nifty could come with support of ITC.
NSE:ITCLong
by UnknownUnicorn15746477
BEML: BULL TREND ANALYSIS.NSE:BEML BEML is in the bull trend, taking support at the major trendline, with the confluence of moving average ( acting as support along with the major trendline). Forming a small triangle inside a major triangle. ENTRY & REWARD: A Breakout from the triangle trading range is the entry point and we can aim for a reward of a measured move of 16% which is a sharp up move that occurred prior to the trading range. RISK: Is 4% from entry price, below trading range. BEML is one of the crazy stocks it can reach our target price in INTRADAY if move with such momentum. Not a trade recommendation. Do your own analysis.
NSE:BEMLLong
by SANJAYPATIDAR_
Radico Khaitan - Set to create new All-Time HighsInverted Head & Shoulders = Bullish Reversal. Successful re-test of neckline. No immediate resistance. Increase in Volumes. Venturing into All-Time High Territory, also known as "Price Discovery Zone" wherein fundamentals will drive how far the push will go. On the fundamental side, positive developments include: 1) Gradual re-opening of lockdowns and recent news regarding Delhi permitting home delivery of liquor. 2) Company's plans to tap further into premium and luxury liquor brands. 3) Company's backward integration to protect against raw material inflation. #NFA #DYOR.
NSE:RADICOLong
by Wolf-AD7