HINDUSTAN UNILEVER LONGThis is a long term idea for HINDUNILVR. The overall trend for the stock is bullish, hence going long. (Always stay in the direction of the general trend)
The price has been making higher highs and higher lows. Currently it is stuck in a tight consolidation range. I am expecting the price to break above 2280 (high of the current range). Once the range is broken, it will re-test the high point and then continue upward.
Enter the trade after the price has broken 2280 and re-tested it. The stop loss will be @ 2150 (below the low point of the current range).
Long-term
NIFTY Sentiment past mapping and future upto December 2021
I have made an effort to map Astrological parameters (converted into an index of Sentiment) with Nifty from 1996 to 2020! . This will give a sentiment indicator (not price) for NIFTY in the long run. The 1.5 min video is uploaded in You tube under " Nifty Astro Sentiment" under my name.
The future projection is made upto December 2021
People who are interested can have a look .
SHORT TERM GAIN - POWER FIN CORPTime frame - 1 HR
Power Finance Corporation is engaged in extending financial assistance to the power sector and is a Systemically Important (Non-Deposit Accepting or Holding) Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) as an Infrastructure Finance Company (IFC).
The major thing of attraction is the Dividend yield it provides is 11% which is remarkable for long term shareholders.
Currently stock is following the trendline and continuously taking support on it.
Time frame - 1 DAY
If any queries left you can ask in the comment section.
BHARTI AIRTEL LONG TERM ANALYSISThe Chart has broken out from CUP pattern hence support level 1 at 500 will act as strong support for the scrip.
In short term chart, there is Support level 2 as well which is also forming a continuation triangle pattern.
The Long term target is 740 and it should reach there till March 2021.
Currently stock is trading at 560.
Put your stop loss at 550 and 500.
Risk is for 10% (560-500/560)
Target percentage is 32% ( 740-560/560)
**Analysis is purely my view, please invest on your own risk **
M_M: Reversal or ContinuationM_M has been on down trend after making highs of 1000 in 2018. Stock has shown good strength in this rally from April 1st week.
It will turn bullish for longer term only if trades above 620 levels. Below that it can always continue its journey downwards.
For trading perspective, we can look to buy above 520 levels for 590-600 and s/l below 500. And if fails to sustain 500-520 area, we will look to sell below 500 for target of 410 and s/l above 520.
Currently market can go into consolidation before taking any direction. So risk management and capital conservation is the most important thing is such a volatile market.
When market moves too much, it looks like , money making opportunities everywhere but at the same time you can lose money and get stop hunted as well.
keep your s/l away from support /resistance zone. Decide the position size based or s/l not vice versa.
Risk Management is more important than technical analysis