Long-term
Long Term Bullish Call on Whirlpool IndiaWhirlpool has remained in an accumulation rectangle zone for almost a year preceeded by over 2 years of bull run. The scrip has seen some supply that was absorbed and has been followed by a relatively higher volume breakout on the weekly charts. There appears to be strength in the uptrend.
Longs may be initiated on dips (closer to EMA 9 on the weekly charts).
Stop Loss should be maintained at 1655.
Long Hindustan Unilever HINDUNILVRSwing Trade with horizon of about 3 months.
Target: Rs. 2200.
Hindustan Unilever has seen about 10 months of consolidation followed by a flag breakout. A close above the downward channel flag could mean a possibility of higher levels to come. The target will be the distance between the base and top of the flag pole (approx. Rs. 200).
Support is seen at Rs. 1920.
Indiabulls Housing Finance - Long Term Buy ?The Stock has been in a downward spiral for many months. It has created a descending channel on the daily chart as well as another small descending channel inside the bigger descending. 3 touches of a pattern indicate pattern completion. Here both the descending channels have completed their respective 3rd touches at the same point. We have also a Morning Star candle shape formation at this low. This is a stock to buy and hold for the coming weeks or months.
The Levels are indicated on the Chart.
Technical Overview - Buy and Hold
Timeframe - Daily
Disclaimer
This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.
Nifty Long Term View (AUGUST 2019)Keeping it simple, long term supports and resistances are marked in the chart.
The selling pressure is high as foreign investors are pulling out of the Indian markets and the government acting against the market's expectations among other reasons. The sentiment is bearish. If nifty breaks the current uptrend, then we're looking at 10500/9950. In case of a currently unlikely reversal, we're looking at targets of 11750/12100.
As of now, we're at a deciding level and I expect the markets to trend sideways in the short term before seeing any major developments in either direction.
nbcc long term to all viewer its a long term call. be patience
best price to buy 52.10
current market price 55.85, aggressive trader can buy at current level.
stop loss 46.40
1st target 66.90
2nd target 79.80
3rd target 90.70
4th target 102.60
5th target 108.85
6th target 122.05
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
Long-term short setup Ashok LeylandAs Ashok Leyland has recently broke long term major support of Rs 80/-, the long term downtrend is triggered.
Line is Red is stop loss and black line is targets. Thin black line are intermediate support and thick black lines are major support.
Trading price: 75
Target: 71, 65, 56.5, 47.5 (placed above support line)
Stop Loss: 81.50
From a longer perspective, there is a still problem in BANKNIFTY
Long term tight channe l since 2016.
3 excesses at the value and one excess at value low.
5 waves are completed.
A previous Resistance and Wave(3) at 28227 (can be upcoming support).
50 days moving average is at 28080 nearby (too far for work as support).
Measurement of all falls mentioned in the chart, as per this measurement expected current until 13th Aug 2019(approx. plotted).
Conclusion: From a longer perspective, there is a still problem in BANKNIFTY.
UPL: Possible Long NSE:UPL
Hii,
UPL is looking good for long though it has been very active for past 9 months. It had took good support @ 832 and reversed back. I am expecting its next level to 1090. If it breaks 870. Then, short till 840, 820. Stoploss for long will be 870. This trade is for middle and long term traders.
Research and analyse on your own before taking any Decision.
Nestle : Potential Mover(Postional)NESTLEIND is one of the Major MNC's in india, as history has told that MNC's generally Outperform Benchmark indices E.g Honeywell , Jockey , 3MINDIA etc.
Entry : Long Above 11755
Stoploss : 3% Trailing
Basic Target: Open To Sky just Trail properly
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