REC Ltd broken a resistance of nearly 8 months and close above 107. I am picking this stock for both investment as well as short term trade. Reasons for picking this trade are : 1. Broken a trendline resistance 2. Good amount of OI added. 3. maintaining consistent numbers in Quarterly results. 4. Giving a rich dividend yield consistently. This trade is for...
In L&T Finance Holding, Huge amount of Open interest, Volume added and Price gone up by more than 5%. Along with that there are several chart patterns I observed to take it as long position. 1. Cup and Handle Pattern Breakout 2. Trendline Breakout Entry @ 79.00 - 80.3 SL @ 72.4 Target @ 90
Today My Last stock to pick is Thermax. So This stock crossed 52 week High price and Closed. This shows stock has bullish sentiment. To add further strength it breaks out trendline resistance also. I think its a far price from both trendline and 52W high, So if I got a chance, I will invest in this stock on either trendline or at 52W high point. Entry @ 2385-...
L&T touches the lower channel line so we can go for small swing trade..stop loss below the channel ....target near upper channel
GODREJPROP is reaching to its immediate resistance and likely to break it so we can expect a decent upside move . Now why I am expecting break out in upside : 1) US market is short term over sold and any short covering will turn FII mood positive in Indian real estate stocks where GODREJPROP is the market leader. 2) Monthly expiry : If stock started travelling...
VCP - Volatility Contraction Pattern by Mark Minervini Levels are mentioned on chart, please wait for close above resistance line. Disclaimer: I Am not SEBI registered
Flag and pole Breakout in Hikal in hourly chart Supporting to our previous analysis in the day chart (Parallel channel breakout), here we can see flag and pole breakout in 1hr time frame. which suggests there is a high chance of continuation of uptrend. To know more refer below link of daily chart BSE:HIKAL
Parallel Channel Breakout in Hikal Limited Stock was trading in a channel from past one year. Now we can see this channel has been broken with good volume and candle. Stock has a potential to reach 500+ level in coming days. Ideal stop-loss be at 240. This is just a view, not a recommendation to trade. do your own analysis before taking any trade. Share your...
Godrej Agrovet Ltd (GODE)@breakout Godrej Agrovet Ltd (GODE) strong breakout with volume break out and momemtum created in day chart. Godrej Agrovet Ltd MOU sign help to breakout for long. so strong upside are coming. BUY above 522.25. NEXT TARGET 529,534,541. Time to go for long, get ready to catch the profit. Thank you.
Details are mention on charts with buy zone, sl and targets
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Break of Structure 3. Returned To Orderblock +71% Fib Level FOLLOW PAFX & TRADE LIKE BANKS 💸
NIFTY Reverse from supply zone Can re-test near 16800-16800 zone (Major support)
Golden crossover has happened on daily timeframe with good base formation. Falling wedge pattern on weekly timeframe which is bullish pattern.
Updated View All time high as wells channel breakout in Astra Microwave Pr in daily chart frame. Stock broke its important Supply zone with good volume and candle. For the upside movement stock has to close above 313 Level with good candle & Volume. There is high chance for a retest , if it is coming for retest then 290 level should be strong...
Setup Contains: 1. Stop Hunt (Sell Side Liquidity) 2. Break of Structure 3. Return to Orderblock (Expecting) We need to have LTF Confirmation before even entering the trade. Our projected area would be the liquidity & IMBALANCE above where the Selling POI also resides. FOLLOW PAFX & TRADE LIKE BANKS 💸
15 years Channel breakout in Ruby Mills. Stock has a potential to reach 900 range in coming weeks. For the further upside movement stock has to close above 587 range in a weekly chart. Now, 500 range should act as support. 425 will be the ideal SL. This is just a view not a recommendation to trade. Do your own analysis before making any trade. Share your...
TATA STEEL gives another opportunity to missed traders with a beautiful low volume pullback to its breakout point. The first breakout was given on high volume and stop loss has still not been hit. Stock gives traders another chance to enter long with a good risk to reward of 1:2. This pullback seems to be a normal one and no need for more selling to take place,...
CRISIL Reversing from strong trendline support with good volumes. A good RR ratio trade ;)