#IDEAFORGE formed darvas box pattern, there are good buying candles formed inside the box, chances of high reversal. Can be entered on breakout. Its recent IPO can give good momentum in short.
Reversal trade for educational purposes Ideaforge has been in a downtrend since its listing. However, stock has formed a short term base. 780-840 is a good accumulation zone. Breakout above 840 might be a sign for reversal. RSI positive divergence is clearlyseen in the stock Targets can 960, 1000, 1050+ with SL below 780 DCB. However, there is no guarantee...
Latent view was one of the highest rated stock during its IPO listing which had got 300x subscription. The overhyped IPO market of 2021 has trapped many investors in multiple stocks including Latent view. However, we can see some positive bounce in the stock from the demand zone of 310-320 after a major consolidation near the same. A short term trendline breakout...
Good base. Great consolidation. Great volumes. SL below 1920,only condition is that it should open flat.
NSE:SENCO got listed recently and looks very good with a simple stop loss at 385. Other similar businesses are doing well as well in the stock market. Go long in this share.
Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.
Today's stock for analysis is DCXINDIA. This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart. However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible. 175-178 is a strong supply zone...
Can Buy Tega on CMP 828.70 SL 3% below line Allocate max 5-10% of your capital
1.After listing rally stock formed good base with volume contraction ( first mature base) 2.Now stock trading in range from last breakout high ( forming second mature base) 3.Now closing above 530 with good volume will trigger next upmove 4. Stop loss - closing below upword slanting trendline 5. Target - 574/610/680+
Namaste! Bikaji Foods and Haldiram's control 50% of the organized namkeen market in India. The people, mostly retail would have thought this would be a blockbuster IPO considering whopping 80.63 times by QIBs (Qualified Institutional Buyers). Generally this kind of oversubscription leads to very good listing gains, but this time it didn't happened. The reasons...
Fusion Micro Finance Daily Chart. Stock Posted Good Quarter Result. Breakout Soon Candidate. Keep in your Watch list..
IPO Base Breakout- Fusion given cup and handle Ipo base breakout looking good for above target
Stock broke out into new high ground after just a 10% deep correction post listing
Enter 330 Add more at 350 (closing basis) Exit 320 TG 400
Stock is trading below ipo price It has produced good results Expect for good upward movement All levels mentioned in chart Trade according to levels Latent View Analytics reports Q2 earnings. ▶️Net profit up 71.7% at Rs 37.2 cr Vs Rs 21.7 cr (YoY) ▶️Revenue up 39.7% at Rs 132.4 cr Vs Rs 95.8 cr (YoY) ▶️EBITDA up 40.5% at Rs 37.2 cr Vs Rs 26.5 cr...
Syrma SGS Technology gave a decent listing gain of 27-30% and thereafter went as high as 324 giving 78% returns. This gem has corrected to 270 zones once from where it gained 38% and currently it is back at the demand zones of 270. A Fundamentally good stock is available at nearly 50-60% less than its ATH. Can surely be accumulated for long and medium term.
I analyzed GLS on yesterday and today it had given breakout of the previous range by blasting nearly 8%. More strength above 450. Still trend hasn't changed but more chances of bullishness, falling wedge pattern forming in weekly tf.
CMS info systems is near to its IPO base breakout. want to learn more about IPO base trading. contact 7500505750