Break of strong trendlineVolume is increasing good stock for positional trade
Formation of cup pattern and breakout
can expect min 2-4%in btst trade
Longposition
Deepak FertilisersGraham number: 1094.98
Debt to Equity: 0.73
P/E: 4.54
Industry P/E: 15.48
P/E is in FairValue Zone
Current Ratio: 1.28
Profitable
Continuously giving divident
Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
Long CENTURYTEXIn the last trading session, CENTURYTEX gave a breakout of the falling trendline and it consolidated before the breakout. MACD is positive and the structure is looking good.
Keep tracking it and try to tap good trade.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit or loss.
IOC - 33% RETURNS ON OIL?BUY - IOC
CMP - Rs. 80
Target - 1: Rs. 93
Target - 2: Rs. 107
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Technicals - 1) Cup and Handle Pattern
2) Targets set using Gann
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Comment: Maximum returns is 33%
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Exide on Buying ZoneBuy exide @337.5 with Stoploss of @235.5
You can go for the target @244
Exide is looking good at technical point of view Risk and Reward ratio is very good at this Trade
GOLD 3/7: Gold price in early June before a slight recoveryThe gold price might not suffer significant losses due to the current economic challenges. The concerns about a global economic downturn, especially in China, could provide some support to the safe-haven precious metal and prevent more significant declines, at least for now. Market worries persist even after the release of a slightly better-than-expected Chinese Manufacturing Purchasing Managers' Index (PMI) for June, which recorded a reading of 50.5, slightly lower than the previous month's reading of 50.9. This could discourage traders from making new pessimistic bets on the gold price before important macroeconomic data is released in the US at the beginning of the next month.
Gold price today is fluctuating at $1910 - $1920. A slight rally is forming
SET up BUY GOLD at zone : $1910 - $1912 sl 1902
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/3/2023
Long term view on happiest mindsHappiest Minds Technologies Ltd. has an average target of 1600.00. The consensus estimate represents an upside from the last price of 983.00
INDIAMART at trendline support Indiamart is at a trendline support level and can get immediate support with strong support of Nifty uptrends
TechM - CashExpecting TechM will break the resistance and will make new High.
I am buying TechM at current level and hoping a target of 1270-1280 with a small stoploss at 1088.
OLECTRA GREENTECH CAN GO LONG Buy signal was above 939 level and already retested. Can take Swing positions in this.
Getting a smell of "Turnaround candidate"Long term ---> Need to closely monitor coming results also
Chemical sector also waking up! Potential wealth creator in Long term if they can do what they comment.
isec : ICICI Securities Ltd ICICI Securities Ltd
NSE: ISEC
is crossed 200 ma and trend line break out is good for swing and long 1month 10% target
Disclaimer This video is for educational purpose only
ABMUSDT Long setupAMB looks strong, its touches 100ema and from past few days its been strongly bullish
Indiamart - Showing strengthThe chart is self-explanatory. The stock is bounced back from the recent support projection area. If momentum continues, maybe bullish up to 6250/6880 or even more in the long run.
If breaks down to 5500 and sustains below will show the weakness on the charts.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
please share your views.
AMBUJA CEMENTSCRIP- Ambuja cement
Ambuja cement is riskyy but its carrying a good rr reward ratio .
forming the base near trend line.
it is associated with adani so it will gonna be volatile
Suzlon energy ... looking good After BreakoutSuzlon energy ... looking good
Breakout above 12 on weekly chart ...
Support 8 rs
ITDCEM buy Near 160 Breakout DoneITDCEM buy Near 160 Breakout Done
Sl 140 Closing Basis
Target 180 & 220
Tata Steel : Watchout for Double bottomNSE:TATASTEEL has made double bottom and is near the neckline. One can initiate long trade only after closing of breakout candle above the neckline. Keep a wa
Persistent - CASHLooks like the stock has break the Resistance level of 4636-4670 and the price has come for retest.
Will create a long position here for target of 4915-4930 with a stop loss at 4610-4600.
AbbotIndia - CASHLooks like the formation of cup and handle pattern in AbbotIndia chart.
Will create a long position once we have breakout and the target will be determined by measuring the distance between the bottom of the cup and the pattern’s breakout level.
Berger Paints - CASHThere can be a breakout coming on daily chart of BERGEPAINT. As the stock trying to break resistance of 605-608.
Also looks like an inverse double top pattern on the chart therefore we can create a long position and expect a target of 625-630 with a stop loss at 604-603.
IOC - CASHThere can be a breakout coming on daily chart of IOC. As the stock trying to break resistance of 80.85-81.15
We can create a long position and expect a target of 85-86 with a stop loss at 80.50-80.30
Bank Nifty daily analysis 16 may 23 buyhello, today 16 May 23 bank nifty go life time high, next resistance 44133 if break go up side direction. & 43976 is strong support for down side.
