the next big thing will be wiprobreakout of supply zone
support from 200 ema
buy at cmp and add on dip
sl is 397
two targets are marked
Longidea
BANK NIFTY ... TRADE IDEA ON EVENT DAYA clear breakout of resistance trendline was seen in ban nifty and the index had come back to retest the trendline. The retest also corresponds to 50% Fibonacci retracement.
A pull back from here to 41900 (0.786 fibo) can be expected as a target.
HDFC ltd parallel channel long ideaHDFC ltd parallel channel long idea. It can long for target 2828 time period 3-6 month.
Ashok Leyland Cup and Handle Breakout Long StrategyNSE:ASHOKLEY
Ashok Leyland formed a classic cup and handle pattern. Buy range is between 150 - 152. Stop @ 140. Target 1 - 160, Target 2 - 170.
Note: Buy only if the price closes above 150 on a daily time frame.
18/10/2021 Resarch Report For RBLBANKDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single ruppe, please do your own rerearch according to your risk taking capacity and after that do invest and book profits on right time.
Buy Only if RBLBANK will goto below on 165 or 164.5
Target 1: 200
Target 2: 210
Target 3: 214
Target 4: 218 or 219
Target 5: 230
SANBLUE/BECOME TRADER LIKE WARREN BUFETSNBLUE buy range 20 to 18 TARGET WILL BE 27 AND SEC TARGET 35
NIFTY HAS CREATED A INVERTED HEAD AND SHOLDER PATTERN IF IT BREAK IT NECKLINE THAT IS 14880 OR 14900 THEN GO LONG.
Above 1600 the stock might move towards 1615/1625Colpal has been consolidating in the range of 1560 - 1585 for the last week and has finally broken out of the range and looks like it might head higher towards 1615/1625 SL can be placed @ 1585
All trading strategies and ideas shared are to be used at your own risk.
Buy At 635 & 28 range // TGT 720 & 750 // SL below 600symmetrical Triangle pattern breakout 1 bounce then buy at 635 price
NIFTY OSCILLATING FROM START OF THE YEAR AS OF NOW THERE IS NO CLEAR PICTURE IN INDEX MOVEMENT IN DAILY FRAME
NIFTY WAITING FOR SOME EXTERNAL NEWS TO MOVE
TILL IT CONTINUE TO CONSOLIDATE TILL GENERAL ELECTIONS ?
OR WAITING FOR SOME NEWS TO MOVE ?
WILL BE LONG IF NIFTY CROSSED 10780 FOR TARGET OF 10880 ZONE
AS OF NOW THERE IS NO SHORT TRADE FOR ME
ONGC: The BreakOut TradeHi
I was looking for a harmonic pattern completion (on the downside) before getting involved in this stock. But the stock changed my bias by breaking above a falling trend line (red) and the cup and handle pattern neckline.
Long Idea
The Risk
For getting into this trade, the risk could be (traditional) low of the handle (162) or the more aggressive 170 (calling it a breakout failure).
Profit Targets
If this break holds (the stock sustains above 175), it may easily get us to 180-182.
Move above 182 will take the stock to 189, where it may face resistance.
The Cup and Handle Target comes at around 193 which is also a historical resistance.
Short Idea
Although the setup looks bullish, we never know what's gonna happen in near future. So one should get ready with a plan B.
If this breakout fails and the stock starts trading below 170, we may look for an aggressive short.
The Risk
We ll not keep this short above 177
Profit Targets
First target would be 163.
Below 161, we may look for 155
# In this case I may also consider the pattern completion on higher time frame (wait for update).
Let's see how this trade proceeds.
Enjoy the weekend.
Regards.
