GHCL is in the business of chemicals, yarn, and commodity products.
The company is doing good fundamentally as well as technically.
Here are the details of the analysis-
CMP- 519.60
Target- 604
Stoploss- 484
Duration- 2-3 weeks.
Let me know what you think
NTPC - Call Option Looking very good for long.
NTPC 190 call July Contract currently trading at 8.40
Can enter at current market price (7-8)
Lot Size -3000
SL- 3.5
Target- 12-14+
For Educational Purpose only
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Maverick...
On 9th Nov 2021, the stock gave a strong upmove as the market opened, thereby consolidating over the day. The structure resembles a bullish pennant formation on 15 min chart (Quite visible at 1H charts too). Support Region remains around 55.5-55.6. A breakout from here can instill fresh momentum in the stock and further upmove.
**I am not a SEBI Registered...
Today LIC HOUSING FINANCE break the trendline and it very near to breakout.
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If LIC housing finance break the resistance of 399, so you can make the position for Swing trading.
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Target would be around 410-420 then at that point you do profit booking or wait for the upward momentum.
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Because stock will do some correction at that point, so trade it...
It’s a positional call, stock has retraced more than 38% since last year fall. This price level holds important support level of historical prices, volume and retracement ratio. Buy 30% between 1290 to 1320 then if prices does not hold wait for 1200-1150 it’s a ultimate support add 30 % more on pull back and when prices will go above 1400 add remaining quantities....
When it crosses the trendline take the long call. It should cross tomorrow morning.
MACD is also ready to crossover
SL about 5% and target about 8 to 10%.
Duration 1-2 weeks.
Entry : 135.60
Stop Loss : 134.25
Target : 137 / 138.30
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives...
Glaxo - CMP 1530
Target 1665 (2-3 weeks)
Stochastic RSI is getting started and just coming into the zone. should be bullish ahead at least with a gain of 5-7&% in a couple of weeks.
Good Luck
SL - 1490
Hello Traders
apollo hospital charts looking strong Good upside from cmp 2120-2125
View negative if break 2090 on down side
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
Hello Traders
Adani ent chart structure looking strong
Testing upper levels again & again for breakout
DISCLAIMER
{ Educational Purpose }
All investments involve risk.
Please Do your analysis before initiating any trade
GOOD LUCK !
