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 😝
Sterlite Technologies Weekly chart shows Inverted Head and Shoulders pattern. There is breakout seen. Can buy at cmp with a stop loss of 171. Or can wait for some correction and buy in dips. Can go long with trailing stop loss for the technical target of 286.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based...
It started its down fall journey with head and shoulder lets see if history repeats other side as well
buy 270 if sustains we may see target of 440 as per pattern in long run in between there are other targets as well
based on resistance. Important is sustaining above 270 which is its january high(pre covid level)
The stock has given an inverted Head & shoulders break out on weekly and daily time frame, the move is also supported with decent volumes.
The stock can head higher towards 820/850/880 levels in the coming weeks as long as 740 is not taken out on closing basis.
Ideas shared are for educational purpose only.
Heromtorco can head higher towards 3225/3260/3300 in coming days as long as 3070 is taken out on the down side.
Stock has been consolidating in a range for the last few trading sessions and has finally broken out of the range on Friday with decent volumes to support the move.
All trading strategies and ideas shared are to used at your own risk.
MAYURUNIQ has formed an inverted Head and shoulder pattern on the daily TF. Upon breakout, it is likely to test 440-450 levels. As long as NIFTY holds up, this target should be achieved in the coming weeks.
Was interested in this stock for one other reason: Buyback. The company has a buyback program open till 11NOV21, at Rs.400 a share. As of 06JAN21, the stock...
GODREJCP | Strong and value stock - Getting ready for 30%
CMP : 736 (We are tracking from 670 zone - ref chart is attached below)
SL : 680
Target : 970
1:7 risk reward setup - Cane take several weeks to reach target as it is weekly candle analysis.
RCF weekly chart shows inverted Head and shoulder pattern. Can buy once weekly closing is above 55 for up move i.e. wait for the breakout. Can buy at cmp and can accumulate in dips.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this...