Indianstocks
Indian Oil: Chart set up Indian Oil
The stock is near important support level
Target 126 / 132
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
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Godrej Consumer Analysislogo ko chaiye hota h Ki Stock Breakout de or sustain krre then apke liye laya hu me godrej consumer
Stock ne do teen din pehle downtrend se uptrend me convert liya he or upar ki trf consolidate kr rha he..
15-20 din ka acha trade ban skta he..
1st target 3.5%
2nd target 8%
3rd target 12%
or stop Loss 2.5%
NSE:GODREJCP
Britannia swing Trade with analysisBritannia Industries Limited is a food company, which is engaged in the manufacture of biscuits, cakes and rusks. The Company operates through the Foods segment, which comprises bakery and dairy products.
Swing Trade Information
Safe SL - 3%
Aggressive SL - 1.5%
Target 1 - 6%
Target 2 - 10%
Target 3 - 15%
NSE:BRITANNIA
Long on ACCgot long on ACC.
Trade Reason:
1. At important support.
2. HH visible on 1hr time frame with volumes.
3. Going with multiple targets as the market is still in a downtrend.
Will trail SL whenever possible.
Note- Please don't take the trade because of my analysis. I am not a SEBI registered advisor.
Nifty Hourly Charts indicate one dipThe most recent bounce is not an impulsive move so maybe it is an x wave and that means one more a-b-c down can follow and waves a and b are already done. Next week should see wave c complete into the year-end. but will it make new lows? The Nifty Elliott wave update with weekly charts and wave counts is already online on indiacharts.com, enjoy my Truth about the Markets
BECTORFOOD (NO INDICATORS - ONLY PRICE ACTION)1 - There is a hidden channel pattern in descending traingle where stock has been taking the support on trendline
2 - Right after fall , gapped up and made reversal (inverted hammer ) . today closed in green which is reversal confirmation(bulls are In control)
3 - Main thing is here to consider that reversal happened at area of interest (demand zone)
4 - one can enter by keeping stoploss at 370 levels .
5 -And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
6- still if you want to set a target then go with 1:2 or 1:3 risk reward
7- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
Nifty - 3 pointers for Dec 21Observations on Dec 20 closing.
1. Rebound from the lower band support line.
2. Intra day recovery of more than 38.2%
3. New lower low was formed today from the downfall begun on Oct 19.
Conclusion:
Trend is clearly down as the downward channel is maintained and the new lower low is formed.
In view of point 1 & 2 above, the fall may be gradual and not the sharp as expected.
CHAMBFERT 1HR TFIf a good Strong 1hr GREEN candle is seen above 402 levels you can go long for intraday however, if there is a strong 1hr RED candle around 394 you can short it
If you see it consolidating between 402 and 394 do no do anything. DO YOUR OWN RESEARCH while trading because it's your money and you are responsible