LONG
BPCL Long ViewThe price of BPCL has been in a nice narrowing consolidation over several months now. I am expecting a breakout or a retest of the 415-420 levels with the upcoming earnings catalyst in the first week of Feb which would make this a good time to enter a long position for a medium to long duration as auto sales in the last quarter have been impressive. Entry could be anywhere below 390 with a stop loss around 370-360 as per your risk management.
Got My Trade in XRPUSDThe only thing you need to remember is that in trading, incurring losses is quite common, even if you are correct in your analysis
Previously, the market had gone against us, and, considering the present market conditions, I conducted my analysis, made my entry, and secured my profits.
DRREDDY, 1D Forms Bullish MarubozuNSE:DRREDDY Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy manufactures and markets a wide range of pharmaceuticals in India and overseas.
DRREDDY forms Bullish Marubozu on support zone of Weekly TF
Entry : 5673.8
Target : 5890
SL : 5540
RR : 1.6
SBICARD, 1D forms Bullish MarubozuNSE:SBICARD SBI Cards & Payment Services Limited, previously known as SBI Cards & Payment Services Private Limited, is a credit card company and payment provider in India. SBI Card launched in May 1998 by State Bank of India and GE Capital. In December 2017, State Bank of India and The Carlyle Group acquired stake in the company.
SBICARD gave BO of Bullish Marubozu on 1D TF
Entry : 851
Target : 890
SL : 813
RR : 1
LALPATHLAB, 1D formed Bullish HaramiNSE:LALPATHLAB Dr Lal PathLabs Limited is an Indian service provider of diagnostic and related healthcare tests. Based in New Delhi, the company offers tests on blood, urine and other human body viscera.
After a downtrend, Lalpathlab gave BO of Bullish Harami candlestick pattern.
Entry : 2239.35
Target : 2352
SL : 2155
RR : 1.34
VEDANTA LTD, 1D - Bullish Marubozu BONSE:VEDL Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha.
VEDL, 1D gave closing above Marabozu candle. The stock also formed triple bottom at 232 level and gave closing above neckline of triple bottom.
Entry : 241.40
Target : 255.50
SL : 231.50
RR : 1.4
HONAUT, 1D forms Hammer after a dwntrndNSE:HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.
HONAUT dorms Bullish Hammer after a downtrend on Daily time frame and gave closing above it.
Entry : 39941
Target : 41100/41400
SL : 38600
RR : 0.85/1
Divislab,1D formed HammerDivi's Laboratories Limited is an Indian multinational pharmaceutical company and producer of active pharmaceutical ingredients and intermediates, headquartered in Hyderabad. The company manufactures and custom synthesizes generic APIs, intermediates.
Hammer formed in Divislab , 1d with parallel channel support
Entry : 3629
Target : 3735
SL : 3525
RR : 1
Sun pharma,1D formed Bullish MarubozuNSE:SUNPHARMA Sun Pharmaceutical Industries Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients in more than 100 countries across the globe.
Sunpharma gave BO of Bullish Marubozu candle on Daily TF.
Entry : 1136.9
Target : 1169
SL : 1099
RR :0.85
ICICIPRULI, 1D formed hammer.NSE:ICICIPRULI ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business.
ICICIPRULI forms bullish hammer on 6 sept,2023 and gave closing above hammer on 7 sept,2023 on support line.
Entry : 547.15
Target : 560.5
SL : 530
RR : 1.06
CUMMINSIND, 1D formed Morning starNSE:CUMMINSIND Formed in 1962, the largest entity of Cummins in India, Cummins India Limited is the country's leading manufacturer of diesel and natural gas engines.
Cummins India formed morning star candlestick pattern and gave closing above it.
Entry : 1755.35
Target : 1821.40
SL : 1670
RR : 0.77
TAJGVK, 1d formed bullish haramiNSE:TAJGVK TAJGVK Hotels & Resorts Limited (TAJGVK) is a joint venture, formed through a Strategic Alliance, between Hyderabad Based GVK Group and the Indian Hotels Company Limited (IHCL) in the year 1999. GVK Group is a Hyderabad based multi product and multi-location business conglomerate with several integrated companies in India and abroad. IHCL is a TATA enterprise with a chain of hotels owning the Taj Group of Hotels and manages and operates various hotels across the country and abroad.
Entry : 241.20
Target : 266.70 (1st TG is 255)
SL : 228
RR : 2