Scrip: NMDC
Current Trade Rationale : Bouncing from Support zone of 140-150
Setup: Investment Idea, More position can added in zone of 75-100 (In case of market sell-off),
Target - 180. More positions can be added at lower levels. So do not put all the money in one go, buy 50% now.
if able to ride the momentum, close the position on reaching target. If get...
Fundamental Aspect:
First Source Solution is an IT company and has a decent market cap. The stock has been witnessing a huge volume since June. Just compare the size of red vol candles vs the green vol candles. FII's increased their shareholding in June quarter and promoter pledging is zero.
The debt to equity ratio is low. Also, the result season is around the...
My chart tells me that the likelihood of price reaching marked level is very much possible now. Traders may want to look at liquid options on this stock or look for long in cash equity itself.
Study for my own use.
Feedback welcome.
1. Making Higher highs & Fundamentally strong Stock.
2. Took support from 377 Support Zone with good volume
3. Only Disadvantage is the stock closed below round figure i.e, 400
4. If the Resistance zone Between 404-414 will break we can see a very good up move(Based on market conditions)
5. Enter only if 414 level breaks with good confirmation by keeping...
I was observing HD and after a period of consolidation the stock has broken out. The chart tells me that the stock is likely to reach 400 and above levels. It is very likely to reach $370. Traders looking for long opportunity can look at this stock. Study for my reference. Feedback welcome.
Looking at NZDUSD on 4H time frame, long side opportunity opened up at level pointed by the arrow and the chart is telling me that price will reach the upper level. It is a 1:3 RR trade. Even now, traders interested in this pair, can hop in when a retrace occurs.
Study for my reference. Feedback welcome.
I was looking at $CME on the 4H time frame. While the optimal buy zone which was around $200 has been crossed, the stock is poised to reach higher levels and the likelihood of reaching $235-$240 levels and going further appear highly probable. It is a good buy even at current price and of course, one must be prepared to hold on to it and give it time to reach...
Bharti Airtel, unlike its nature, is stuck in a very narrow range. If it had to go down, it would have happened by now. But the fact that it is holding its upper levels is a very positive sign for the bulls. Plus, it's available at a very attractive RR, 680 should be the stops, and targets should minimum be a new high. Watch for its price action early next week to...
My chart tells me this stock is likely to reach the marked level. Traders may look for a long trade.
study for my own purpose.
Feedback / clarifications welcome.
Looking at the price action and what my chart tells me, I am confident price will reach $200 levels. My chart is telling me it will not coming back to $145 levels and the direction of movement is going to up. From current levels the gain on long side would be 20% if trade is taken now and exited at $200 levels.
I am making personal observation for my...
My chart tells me that price is likely to reach $52 levels. From current levels it will be a $4 gain. Traders may consider buying $52 Call Option November expiry.
PriceCatch System indicates that stock is presently at a good level to initiate a long trade around 259 with SL just below 245. It will eventually reach the marked level. My view is bullish on the stock.
Banknifty taking support on the trend line and giving an healthy uptrend in smaller timeframe. Banknifty can break its all tie high in the coming weeks as festivals are also approaching, be ready to buy!!
