The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%. However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign. However, near the release of Q4 2023 results,...
Chalet hotels has given an inverted head and shoulders breakout. Currently, stock is consolidating above the neckline. A retest of 400-405 levels can give a good indication that the breakout is genuine and one can expect at least 100 points move which is the length of right shoulder. Long term targets can be 250+ points which is the length of the head. SL is deep...
NIFTY | Anybody rab dikhta hum? CMP : 17030 SL : 16950 Expecting the gap to be sealed
AXISBANK | INHS setup - Looks easily potential for 12-15% CMP : 864 (Dip : 850) SL : 810 Target : 950
FINCABLES | Simple INHS breakout - Looks potential for 20% CMP : 424 SL : 390 Target : 510 1:3+ risk reward setup
NAUKRI | INHS + Trendline + 200 EMA Support - All the stars are aligned properly - Looks good for a reversal for 75% CMP : 4055 (Dip : 3800) SL : 3500 Target : 7000 Trading + Investment opportunity
MAHLOG | Highl probable trendline + 200 EMA breakout - Potential for 25% CMP : 546 (Dip : 515) SL : 470 Target : 640 1:3+ risk reward setup
HCLTECH | INHS Formation + RSI breakout - Looks potential for 16% CMP : 1170 SL : 1120 Target : 1360 Almost 1:4 risk reward setup
ICICIGI |INHS + Trendline breakout - Looks potential for 15-30% CMP : 1296 (Dip : 1260) SL : 1200 Target : 1460, 1650 1:3 risk reward setup for first target (From dip)
ASTRAL | Simple INHS pattern - Looks potential for 20% CMP : 1885 (Dip : 1820) SL : 1750 Target : 2200 1:4 risk reward setup
KEC | Inverted Head & Shoulder (INHS) Breakout - Looks potential for 15% CMP : 420 (Dip : 405) SL : 390 Target : 465 1:3+ risk reward setup from dip
CIGNITITEC | Breakout above Previous supply + INHS + Trendline - Looks potential for 30% CMP : 502 (Dip : 490) SL : 470 Target : 660 1:4+ risk reward setup
BPCL | Good chart setup, looks good for 35% - INHS and Triangle patterns. CMP : 400 (Can buy in dip upto 370 in this setup) SL : 360 Target : 550 Almost 1:10+ risk reward setup (Including dip) Lets see if we can get the annual cylinder subscription cost from BPCL itself. Wish me good luck 😝
BSOFT | Simple Supply & Demand + INHS pattern - Potential 15% CMP : 486 SL : 460 Target : 560 1:3 risk reward setup
DRREDDY | Flag + INHS pattern - Looks strong for 10-25% CMP : 4430 SL : 4150 Target : 5000, 5500 1:2+ risk reward setup for first target Almost 1:4 risk reward for second target
HAVELLS | INHS pattern - Small trading opportunity for 8% CMP : 1150 SL : 1100 Target : 1250 Simple 1:2 risk reward setup
KTKBANK | INHS + Channel - Looks good for 18-20% CMP : 68 SL : 63 Target : 78, 81 1:3+ risk reward setup Attached weekly chart in the comment section for channel
BIRLAMONEY | INHS + Channel structure - Looks potential for 30% CMP : 68 (Dip : 65) SL : 62 Target : 88 1:4 risk reward setup Conservative traders wait for channel breakout. I've taken based on INHS pattern + Triangle breakout