AIA ENGINEERING :MY STOCK FOR THIS WEEKAIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries.
Market Cap of Rs. 26,257 Cr and low PE of 26.73 against Industry PE 35.88 . With a consolidated net Profit rise of 155.11% in Dec 2022 , the stock is determined to make an all time high. Fundamentals are strong, so are the Technical Indicators as mentioned in the chart. The Stock is in range for last 14 days and can break out any time to touch its first target of 3334.90. Afterwards we can trail the stop loss as the stock is going to make an all time high. Aggressive traders may enter the trade with SL as 2667 , conservative may wait for the breakout(finger Crossed) .
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Intradaytrade
Banknifty in intraday Trade analysis 20-feb-2023 Price actionBanknifty - After many days, it broke the lower range after giving upper side breakout.
Flat opening - If it goes bore then let it go. Near 41200 300, if forms-ve candle & pullback, can go for sell.
Gap up - Multiple resistance, so will see price action if is min green candle, then no sell but if not wait for the price action.
Gap down - Next target will be 40600, so wait for any pullback and then sell again.
Will look-ve price action on every up move.
KEI Industries: Todays Stock Another beautiful Chart of Indian Stock Market, KEI Industries is too eager to cross its 52 Weeks high of 1730.95 and set a new all-time high. On 1 Hour Time Frame, it has already broken the resistance at 1678, with price action after breaking the TREND LINE at 1645. The entry level is 1685 with SL of 1673 and the chart is all set to make a new all-time high while facing resistance at levels 1705 and 1726.
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BANKNIFTY LEVELS 14/02/2023BANKNIFTY LEVELS WITH LOGIC :
1) If banknifty opens with gap up and gets rejection from 41405 level. We can short sell and expect target upto 41060 level
2) From 41405 to 41060 in the middle of the price there will be some sudden spikes.
3) So maintain trailing stoploss as price moves downwards.
BANKNIFTY LEVELS 09/02/2023BANKNIFTY LEVELS WITH LOGIC :
1. Considering recent low if there's gap down and forms first 5 min bullish candle and creates high from next candle we can take buy position.
2. If there's is huge up above 41590 level. Price should retrace back to that level and should test 41590 level. then only only we make buy side position.
3. Aggresive selling can be made below 41060 level.
Note : Maintain proper stoploss according to your risk appetite.
intradayconsolidating in a range for 22 days then it fill the gap. now it is sustaining in small range for 2 days
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books