Long-term
MINDTREEMINDTREE breaking some resistance points on daily time frame, Risky entry started after candle closing today safe entry will start at given level i.e 3600.
Trade according to your setup.
#TataMotor LHHL, weekly inside setup, good news for F&O tradersTata motor is making Lower high, higher lows along with Inside candle pattern in weekly time frame. Any pullback trade towards 394-400 zone will give good entry with SL closing below 390. Above 420, 430 & 440 looks achievable but trailing tightly in this trade would be required.
IEX, long term pick with good potentialHello traders,
As I said will start posting good long term picks in the last idea.
IEX is the first and largest energy exchange in India providing a nationwide, automated trading platform for physical delivery of electricity.
As we all must know this. This is a really good company with great potential and strong fundamentals.
I had already mentioned about the fundamentals and other details in the chart.
this is again a support reversal buy like LAURUSLABS on which I posted an idea before,having good potential for upmove.
this stock is at great dip and its a really good chance to add this stock to your portfolio (or add more qty if u already have it).
If you see, this stock also has an inverted head and shoulder pattern on a smaller timeframe:
hence we here have multiple consequences for adding this stock or start accumulating in your long term portfolio.
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
Will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
LAURUSLABS, best pharmaceutical stock to buy for long term.Hello traders,
been a long time since I had posted any ideas, was busy.
will be posting few good ideas here for positional/long term.
As we all must know about LAURUSLABS, its a very good fundamental company.
but since around 6-7 months, we haven't seen a good move in this.
as overvalued stocks need to cool down somehow, and rally can't continue further,
somewhere dip has to come.
it has been consolidating around this support for a long time, and its finally at the support zone.
its a good chance to buy this stock and pharmaceutical sector is going pretty good.
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
Reliance at a crucial levelBroken long tern trendline, can it regain it?
Will reliance take support on the neckline or break it?
RSI on hourly chart shows positive divergence
I think it will bounce from here or will it take nifty to lower levels along with it.
Can be weak after a close below 2285
Stay tuned
IDFC : Looking Strong
Good Day ,
Hello Traders,
IDFC looking strong as it is sustaining above 70 and it already did a breakout of the Trendline from the past (2008 / 2010 / 2015 / Aug 2022).
People look for HDFC's , TCS's , RILs of the world. This is coming up as a good opportunity to invest for longer time frame.One can buy it with the Stop Loss of 61 and sit tight.
Targets for the coming months : 81.85 & 94 . Wait for the bigger target 127.85
Time Frame : Weekly
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Praj Ind : Praj Karega Raj !!!!
Good Day
Hello Traders,
Praj Industries is coming out of big long consolidation of last since May 2021.
Price consolidated between 287 to 448. Now its ready to enter into a different zone as it broke the all-time High.
In the current situation where market are not looking good this stock had shown strength.
As per Fibonacci , the next target which are coming is 542 , 700 ,858.
Hold it for atleast 8 to 12 months.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.