Long-term
Pondy on daily#pondyoxides
Pondy oxides
Attached daily and weekly charts.
On weekly it is approaching it's resistance area
If it closes above 480 on weekly basis LONG term position can be taken.!!!
Keep SL of 390 on weekly closing for long term position...
Target is better to trail but 715 is quite achievable.!!
For short term trades daily charts have shown VCP
long can be taken at close of 455 level and keep SL as 420
#VR
please do your own analysis.
These are my views and can be highly biased!!!
Bhel Long setup. Can go above 70Bhel has been in a correction for some time and tested 50 levels. Now, it is the time to upward journey as it broke short term trend time. From the chart, it is clear the #BHEL is respecting the parallel chart pattern. It took 3 supports on the downside and one rejection at the top. We might see one more rally and fill the gap, which BHEL created at around 72.
Sl is 40
The initial target will be 77
SPICEJET | Triangle Bullish BO{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range.
{{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly closing below 60.
Note : Please take trades after making your own analysis. This chart is a showcase of my analysis alone, & the trade mentioned is one I'll be taking based on my convictions. This is NOT a trade recommendation.
CAMS GOING TO TOUCH 3400 LEVEL SOONOn the weekly chart, the Share holds a major support level near 2900 after touching high at 3800 level. After more than 1 month consolidated, he was able to hold major support and bounch back positive in this week. If he holds it and momentum continues as per the chart then it going to test again at 3400 levels in the near future. Also, On Bolling Bands share is able to hold the middle line too.
Short term target is 3400 from the current level
Long term target is 3800 in 9 to 12 months
Navabharat ventures LONGNSE:NBVENTURES go for long if it closes above RS 131 in daily candle
Channel Breakout
Entry Above 131
Target 158
Stop Loss 120
Canara Bank Long 200+All PSU bank stock might outperform in the coming months. I am targeting Canara Bank and Bank of Baroda. We might see a breakout in Canara bank from these levels. The Current CMP is 176.85. I have bought shares of Canara bank at 174 and targeting till 200. If it sustains a physiological level of 200, we might see 225-230 levels.
Time Frame: 1-2 Months
LONG BHELBHEL
NSE:BHEL
Cmp - 53
Stop - Nil, Add more on relevant dips
Expectation -
T1 - 100
T2 - Open, Review at 100
Expected Holding Period - 8 months or earlier for T1
Technicals - ✅
Fundamentals - ✅
View:- Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing