GAIL BO!GAIL challenging 52wH and ATH
Buy above 171
Target of 200
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Indianstocks
GO LONG ON BHEL A astonishing weekly breakout looking forward for the price to move upward in the coming sessions.
GOOD RR setup in IDBI stockafter a long range inside run done good breakout now expecting a reversal or retest of breakout area. always trade with confluence and control risk
NTPC National Thermal Power Corp --> Long NTPC has broken out of long time downtrend VERY STRONGLY!
Quite a defensive stock. NSE:NTPC
Good time to go long. Analysis on 1D timeframe suggest around retest of 128 to Consolidate and BUY.
Risk within your apetite only!
UFO Technical view!Cup and handle pattern!
Buy above 112
Target of 118-125-140
]SL of 104 or as per your risk tolerance
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Jindal Steel & Power - A Drop coming up?As the Chart tells, It's on a downslide since past few sessions.
Downward trend with a Descending Triangle shows much weakness.
To add on, stock's trading below 200 MA, Could see some serious fall in the coming sessions.
(If it goes as the trend suggest, Price fall could be around 308-310 Levels.
ALANKIT (NSE) STOCK FOR WATCH keep this stock in watchlist looks like forming vcp pattern it will fly good if breakout come with extraordinary volumes
VIP IndustriesWe can hold VIP Industries for long term. Good breakout can saw. Then uptrend also start. This is the time to buy VIP Ind 😍✅👍🏼💐💯
BUY NOCIL for good 20-25% Return One can BUY NSE:NOCIL at CMP till 270.
STOPLOSS BELOW 260
EXPECTED RETURN- 20-30%
Price is in uptrend and currently taking strong support at 21EMA and neckline of a small inverted Head&Shoulder pattern,
Heavy accumulation can be spotted for the last 3 months depicted by long body candles with heavy volume near support.
LIKE AND SHARE WITH YOUR FRIENDS NSE:NOCIL
TATA STEEL --> Swing ShortNot to Predict future here, but it seems like a good setup for H&S, Retest and Fall.
Technically Graph Seems performing well. and it respects Fibo levels to the appx.
Entering a short around 1380 with timeline for next month expiry seems an Opportunity!
Always Risk within your appetite only!
A Complete impulse wave about to end in #BANKNIFTYBanknifty is now showing all signs of a longterm completed 5 waves from Mar 20 to Sep 21. The ending diagonal as wave 5 of 5 adds credibility to the structure.
What this means is that if the 38224 high is not broken we are heading to 30000 area in an A-B-C correction. One more slight maybe possible, if it does , we'll relook for a new short entry.
The downside risk is high now. Upside seems limited and not worth betting on
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.
TATA MOTORS --> Swing LONGSwing Trade setup for small term, probably outlook for a week or two.
Risk always within your apetite only!
Zee Entertainment --> LONGZee entertainment has made a CUP n Handle (Yet to breakout). Also at bottom of Major Up-trending Channel.
Technical Breakout is nearby. Possibly Upwards let it retest and BUY.
Short Interval target would be 290. or upto 320.
Fundamentally the company has reduced Debt. and is still held by a lot of Major Portfolios.
For e.g. We did watch in past months , due to bull Run LIC Cash-IN on several of its Portfolio stocks. its still holding ZEEL. suggesting it sees a opportunity and this stock is undervalued.
Risk always within your apetite only!
keep this stock in watchliststock forming pattern also on chart and rsi doing same keep in watchlist for breakout
A Zomato Analysis.Hello there!
what an upward trend it is to see.
Resistance at 147 levels, Support at 135 levels.
But!
Is it overpriced for the kind of industry it is in? well, a company that has burnt nearly $2 Billion to get to a stage where it is today, and still is in requirement of cash to survive/grow in the future, May be, Yes!
I agree market's optimistic about the future.
However, here are some problems that I think will have an impact on the growth of the company.
No Company ( From DoorDash to Zomato ) in this industry has figured a way out to be profitable till date.
Threat of New Entrants like Amazon Food.
The growth seems in hands, when I think the following situation favors Zomato.
1) Rise in the Per capita GDP of INDIA. (More the discretionary income, More are the chances that an Individual orders Online)
2) Digitalization - India's Internet penetration rate stood at around 50 percent in 2020, it meant that nearly half of the population of 1.37
billion people had access to internet. (Not even comparing with China now.)
3) Eating Habits - A pre-disposition on the part of the populace, to eat out. (you know, "Ghar ka khana")
The size of the food delivery market in future years will be determined by how robustly the Indian economy will grow in the next few years, how quickly digitization continues its advance in the country and if and whether we become more open to eating out than we have historically.
Harmonics level's for watch in IRB stock is on trend watch for level's i draw or keep alert's on them. also don't trade that script if C broke if broken then this pattern gone to be invalid so take care of that note . also many time prz works as support level as well
DB Reality ready for a long weekly breakoutA long weekly breakout is ready for DB reality with volume support. Just information, No recommendation. Do your own analysis before entering.
HAL BULLISH PRICE ACTIONHAL one of a key defense listed stock is sustaining at its previous ATH. Until its above 1351 PIVOT, trend likely to remain bullish & we may see a BREAKOUT above previous ATH.
