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
NIFTY 50 EOD ANALYSIS -23-09-21
O / H / L / C
17670.85 / 17843.90 / 17646.55 / 17822.95
H-L = 86 points
VIX 16.6 / +0.67%
FII DII: +1530 Crores
SGX NIFTY at 1930h - 17853 +22 points
Likely open: Flat to mild positive. Profit booking may kick-in in the PM session.
CHART BASED CONCLUSIONS - 15 M Chart
A strong gap-up open and a sustained...
ROUNDING BOTTOM BO seen in NSE:ALKEM
can initiate long trade with SL at BO candle.
Target would be depth of Rounding bottom..
Good risk reward ratio.
SL : 3880.. short term target 4100
As we already told you in the previous charts, once it break 170 level.
We can see the upward momentum, so the stock has given breakout.
You can make a position in MANAPPURAM FINANCE above 174.
Our short term target is 185-190.
What's your view on this comment below in the box.
BAJFINANCE : cmp : 7793.65
A bullish engulfing kind of pattern has been formed in W chart.
A flag kind of pattern formed in D chart & BO done near 7550 -7600 lvl.
Trading near ATH lvl.RSI trending up.
Good to grab on dips
Profit booking zone may be : 8098-8398
SL 7645 Dclbs
or according to ur risk taking capacity.
Option Strategy : Buy Sept 7800CE or Oct...