Clear breakout is seen in DTF. Taken at breakout near the trendline for 1:2 reward in daily time frame for a swing trade.
Glenmark stock clear breakout in weekly time frame it can reach the target within 3-6 months long term also can consuder
Crompton greaves making 2 of my favourite setup's in weekly TF, W pattern & inside candle consolidation. Weekly RSI & ADX +DI also ready to blast, above 411, 434, 457 can come immediately. Only dampener can be correction in Nifty else every thing looks good here.
Weekly chart of Bluestar shows promise, I have been tracking this stock for last 1 year now. From 8th Nov 2021 price resistance of Rs 1085 been multiple times tested, 2 consecutive daily closing above this level can bring fresh momentum. If you are a breakout trader (keeping yesterday correction in Nifty), enter only with 50-60% of plan qty and pyramid more once...
Weekly chart of Tanla Platform, although I am not in favour of catching a falling knife but risk reward is looking to good to miss out. Price has taken support at low of Dec'20 and reversed. There is some change of hands kind of volume by company called "XTX markets LLP" on 27th July, but can see some volume post that also. People who have missed out riding...
NIFTY - Why to keep bullish bias ☑️ 0.61% retracement done ☑️ buying from previous swing top ☑️ channel support taken ☑️ 18400 becomes confluence zone Friday selling looks more like a major shakeout. Once bulls reclaim 18600 and go above 18640-18670 band, upside should continue @TradeStrikes
Rossell India Ltd has two very diverse businesses, namely Tea and Aerospace Defense (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and nine years in the A&D division. The company's Tea business is well-established, with a strong presence in India and other key markets. The A&D division is a relatively new venture for the...
Larsen & Turbo is making a new high after more than 11 months. On the weekly time frame it is a very strong breakout, and on daily basis it has set up quite nicely for a positional trade, If one has missed it, can enter on a correction on hourly timeframe, keeping stoploss below the indicated red line. Keep in mind that, risk management is "everything" in trading.
Can keep this stock in radar as it gave breakout and sustaining above. Can give a good up move if broader market supports.
Stock Name - Satin Creditcare Network Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 175 #This is not Buy and Sell recommendation to any one. This is...
SBIN broke out from a consolidation of nearly a month. Trade with very less stop loss. SL: 595 Target: 650 Risk reward: 1:2 Trail you stop loss. If you find this helpful, please share it in comments. Happy trading. Take your own trades. I am not SEBI resistered.
INFY is down by 30% from its high made in Jan'22, and now available at good risk reward ratio. Its near good support zone and entry in the price range with 30-40% plan qty near 1258-1308 (which was price May'21) looks good. In my opinion if any fundamentally strong company is available at good risk reward zone then we should plan an entry but with risk management...
When price break the well defined resistance line then high probability we will see a continuation move .
01 Dec 2022 DLF Stock BO today from the previous 10 months rejection levels in 400-415 zone, which is supported by volume. In Play : HH-HL Summary - Stock BO from 10 months 400-415 zone - BO with Volume - TL BO : Confirmed - Above POC - Text Book Head & Shoulder Pattern - 519 is 13 Year SH ‘’STRONG RESISTANCE’’ Conclusion - CMP 412.70 - Long Positions can be...
30 Nov 2022 UltraTech Cement Stock BO today with volume after 1 month of sideways movement In Play : HH-HL Summary - Stock faked BO on 21 Nov to the lower side - BO with Volume - TL BO : Confirmed - Above POC - Text Book Head & Shoulder Pattern Conclusion - CMP 7077 - Long Positions can be...
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish...
Price break the multiyear resistance zone and now ready for upmove . This month low act as a Stop Loss !!
About: Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor , Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc. Located in India, the company has presence all over the world Technical...