Buy/Entry : Trigger Price: 1672, Buy Price: 1688, Target Price: 1724, Stop Loss: 1770, (*Trailing stop loss with step of Rs 4)
Buy/Entry : Buy Price: 1668-1672, Targets: 1724-1761-1791. * Do not put stop losses here. If stock breaches 1665 and continue to move downwards do not panic. Next buy level is...
ICICI Bank can move towards 400-414-434. Below is my strategy for traders in this banking stock.
Wait for ICICI Bank to take a direction. It currently stands at its resistance of 380. If this moves upwards or opens with gap-up, take an entry/buy position at 386-388 only after it touches 388 atleast once.
Entry point: 388, SL: 378, Target: 400 (Intraday),...
Heromoto corp broke out from 2 years long broadening formation. It is a fundamentally strong stock can be included in medium term portfolio for 32% upside.
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets short of CHIPS...!!
IOLCP has re started its magical up ride again after a small retrace. #Positional #Longterminvestment
Reasons for long:
1) Strong confirmation on the doji with a Marabozu formation
2)Took support from the Pivot and RSI reversing @ 60, both strong indicators of a good reversal
3)The stock fundamentally is pretty strong
Only thing to make sure, that it should...
India Bulls Housing Finance looks good to me.
However, need to wait for the price to correct a bit and let touch the trendline and support zone.
If it holds and shows and reversal candlestick pattern, I will take long position in IBULHSGFIN with a Stop Loss at 120.
Fundamental positive cues:
1. Indian Govt. news on regulating tariff and facilities of LNG to boost demand
2. Decreased impact on financial performance in spite of lockdown
3. June and July seeing an increase in storage and pipeline utilization in its major sites (Dahej Terminal) compared to April / May
4. Permission granted to open LNG stations across the...
1. This stock has been in the sideways movement since last 6 years
2. Upper Channel Breakout
3. The same Breakout can be observed in RSI Trendline
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose....
The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.
Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel .
-> Bottom Out: You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.
Wave Personality : I won't...
Investment Pick:- Equitas Holdings Ltd.
Equitas Holdings is engaged in a non-deposit taking systemically Important Core Investment Company from the Reserve Bank of India (RBI) to carry on the business as a Non-Banking Financial Institution. The activity of the company is to making investment in subsidiary companies and providing loans to them. It has no other...
This analysis is for longterm as i have choose monthly timeframe.
Reverse Head & Shoulder pattern is forming in monthly timeframe an many more indicator suggesting bullishness.
One could really consider this one for longterm investment.
Trade with risk management but don't get afraid of taking risks because at the end winner is who takes...