GAIL_ Positional Long above Rs 134.20_ (1:3) Risk RewardGAIL was consolidating near its support line for 3-4 days. I am planning to go long if it moves above Rs 134.20 tomorrow.
The risk reward looks attractive (1:3)
Entry: 134.20
SL: 129.90
Target: 149
Important Points:
1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us.
2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provided.
Disclaimer: Please do you own research before jumping into the trade. Till then just be a spectator and evaluate how the price moves near support. I already have open positions which I may hold or exit at my SL.
LONG
Intraday 26 April_ Colgate Palmolive_ LONGIntraday Trade setup for 26 April
I have selected 4 stocks for intraday, not all the trades will get executed.
I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Trade should be cancelled if not executed between 9:15 AM till 10 AM. It won't be re-entered.
Entry: 1515.45
SL: 1510
Target: 1526/27
Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
Intraday 26 April_ GAIL_ LONGIntraday Trade setup for 26 April
I have selected 4 stocks for intraday, not all the trades will get executed.
I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Entry: 130.3
SL: 128.4
Target: 134.1
Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
Intraday 26 April_ Ceat Tires_ LONGIntraday Trade setup for 26 April
I have selected 4 stocks for intraday, not all the trades will get executed.
I always place Stop Loss Market Buy order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry.
Entry: 1449
SL: 1434
Target: 1479
Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
HDFC_ Breakout awaited_ Long above Rs 2550HDFC was in a continuous "channel pattern" on daily chart. I am expecting a breakout near Rs 2550 levels.
SL will be low of previous daily candle (already marked in the chart), and I am expecting a target of Rs 2860 which translates into Risk Reward of 1 : 2.75
Disclaimer: Please do your own analysis before jumping into the trade. Till then, just be a spectator and evaluate how the price moves after a breakout.
TATA Power: Bullish Flag Breakout awaitedTATA Power has given breakout (near Rs 80 range) on a weekly time frame "couple of months before". This breakout took time of around 12 years.
It has already RETESTED its weekly support.
There are some fundamental news also floating around.
* Electric Vehicle Boom Era and Green Energy: Its management is working hard to replace it's thermal power plants to the "Fully Green" power generation power plants, so that it won't miss the upcoming boom. It is also working to provide Electric Vehicle charging stations to more and more cities.
Etc.
I am expecting a breakout due to "bullish flag" chart pattern. Remember, the daily candle is invalid if it has more wicks and less body, and it must close higher than the resistance line. Entry can be made after 3:00 PM when the daily candle is nearly closed. SL can be placed below the low of "breakout candle" or below the previous support.
I'll update SL and Target after the breakout.
Disclaimer: Please do your own research before jumping into the trade. Till that, just be a spectator and evaluate how the prices move after the breakout. I already have open positions which I'll hold or exit at my SL.
Gail: Positional Long Opportunity; 1:3 Risk RewardGail tested its daily support today. I am planning to go long "only if it moves above Rs 134.75" tomorrow. The chart is "upward channel pattern".
The risk reward looks attractive (1:3)
Entry: Above Rs 134.75
SL: 130
Target 149.4
Important points:
1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us.
2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provide.
Disclaimer: Please do you own research before jumping into the trade. Till that just be a spectator and evaluate how the price moves.
I already have open positions.
HDFC AMC_ Breakout may be possible in near futureDisclaimer: I already have open position which I will exit or not exit (it depend upon how the price react near resistance)
The breakout is yet to happen. If the breakout successful, I'll hold my open positions and/or add more qty. Otherwise I am ready to exit, provided there are some bearish signals.
If the share consolidate for at least 3-4 days, it can move on either direction very very fast.
There is risk involved or you can say one major hurdle in our trade will be "lower highs". Until and unless it crosses the previous "swing highs", it's the point of concern for this trade.
Reliance support coming soon; Planning to LONGMarket ki saari ummedein "Mota Bhai" per tiki hui hain. Ab Nifty ko yahi bacha sakte hain.
Daily timeframe support coming soon
I'll go long at "one green candle (of course with full body)" once it tests support line on daily timeframe.
SL and Target will decide afterwards.
CAMS - Breakout CandidateNSE:CAMS is a mutual funds transfer agency. It provides investor services, distributor services, and asset management companies (AMC) services.
TTM EPS: 60.49
TTM PE: 44.36
P/B: 18.10
Mkt Cap (Rs. Cr.): 13,180
Dividend Yield: 1.41
Sector PE: 29.31
Book Value Per Share: 148.24
Positives:
Strong Momentum: Price above short, medium and long term moving averages
New 52 week high today
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with No Debt
Increasing Revenue every Quarter for the past 4 Quarters
Increasing profits every quarter for the past 4 quarters
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
CDSL - Time to fly?Central Depository Services Ltd is a provider of depository services
TTM EPS: 27.92
TTM PE: 45.93
P/B: 11.79
Mkt Cap (Rs. Cr.): 13,400
Dividend Yield: 1.25
Sector PE: 39.53
Book Value Per Share: 108.74
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with No Debt
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Brokers upgraded recommendation or target price in the past three months
Negative to Positive growth in Sales and Profit with Strong Price momentum
RSI indicating price strength
High Volume, High Gain
Some Negatives:
Negative profit growth, promoters decreasing shareholding QoQ
Degrowth in Revenue and Profit
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
Analyzing Berger Paints: an opportunity to go LongBerger Paints appears to present a favorable opportunity for a long position. I've outlined the entry price, stop loss, and target levels for this stock within the chart.
Please keep in mind that these are my personal opinions, and I don't recommend you follow them as stock tips. I encourage you to study the chart and share your feedback so that we can collectively enhance our understanding as a community.
XLM bulish patern.
XLM slinging to rise strongly.
In the inside pitchfork you can get an idea of the rizing angle.
On the chart, it is one of the best positioned to rise soon among altcoins.
Gold MCX Long Strategy with Key PointsConsider a long position in Gold MCX around the current price of 61160.
Initiate 30% of your standard position size.
Add to your position within the 60960-61000 range.
Set a stop loss at 60550 for risk management.
Potential profit targets are at 61380, 61600, and potentially 61800 or higher.
Please note that this is a suggested approach and not financial advice. Make informed decisions and conduct your own analysis.
Nifty @200 day EMAWe have highlighted this possibility few days back that below 63 day EMA Nifty might have a strong probability of touching 200 day EMA...
Here we are Nifty lingering around 200 day EMA.
Closing Short positions should be considered.
For Medium to Long term investors, these are good times to accumulate good quality stocks in Equity / Cash
Take care & safe trading...!!!
Reliance near support levelsAt current levels, Reliance looks good from medium to long term perspective
Consider Accumulating at current levels and on dips for target of 2450 / 2620 / 2840
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
GOLD/ XAUUSD BULLISH PATTERN SEENTIME FRAME 15 MINS -
Cup & Handle pattern seen on 15 misn timeframe while presents Bullish continuations from current price of 1975 towords 2000 soon..
Though time frame is small but it supports to Gold Rally hence has goood importance..
Wish you all best profits and best life....
Dont be bearish for GOLD in condition like war , Study Fundamentals too with technical and trade good