Hello traders another chart that caught my eyes was Mothersumi, I have analysed and traded it in the past.
Mothersumi is taking support from it's long-term trendline and also from the existing channel pattern it is trading in.
RSI have room for bulls.
MACD looks good.
Buy near - 210-215
Targets mentioned in the chart above
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Affle can be long at current market price.
1. Cup and Handle formation.
2. Handle had retraced till 50% of the cup formation.
3. Current Price near trend line so a small sl
NMDC Clear Breakout of Major resistance.
Breaking all its previous resistances with multiple support. From here all resistances will become supports so buy for 200 targets on next 2 weeks
This is only for educational purpose, sharing setups only. Buy at your own decisions.
#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that...
Buy above 399.25 with a Risk Reward Ratio of 1:1. Stoploss at 372.05. There is a target of 431 and if broken then 2nd target of 451- move stop loss to 430.
Always remember this is for educational purposes. The author is not responsible for any Financial loss.
Buy the Dip.
As most of peoples are in fear and we have seen the historical data that buying the fear zone and selling the greed zone will more often make you profitable.
The Technical analysis success probability is (70+%) as per the global markets are concerned.
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The stock has given a breakout with good volumes on the daily time frame. Also, MACD is showing reversal signs. If sustained above the support channel may go to the levels of 4000+.
Only for learning and sharing purposes, not a bit of trading advice.
Please comment with your views.
All the best.
> The Resistance Zone between 660-680 will become Weak as it hit so many times.
> Back to back good volume.
> Entry Above 685 (only when price holds for 1 hour above 685 level)
> 1st TGT is 750,Risky traders can keep upto 820.
>Sl if price closes below 575
We need to hold this trade until S/l or TGT hit
*Always Enter With good confirmation & Maintain proper...
RIL is trading in 2 beautiful parallel channels as you can see in the chart. After the recent fall from its highs of 2750+, the stock has taken support from the lower band of upper parallel channel. This view is supported by a supremely bullish Doji (Bullish Hammer) Candle, this signs a strong pullback to retrace its previous highs of 2750. Possibility of a strong...
Cholamandalam Investment has been following a parallel channel. It recently touched upper band and corrected down to the lower band of this channel. The support stands at levels of 577-580. You can Go LONG Here, and exit this trade at upper band of the channel. Also, this stock has been consolidating for long, after a strong bullish movement. The breakout of this...
NSE:WELCORP Swing Trade
Current Price : 144.85
This Script is trying to brake its resistance for more than 6 months
I’m expecting a significant upmove if it brakes the resistance line.
Buy at : 153
Target : 185+
Stoploss : 137
....Grab this oppurtunity...
This is only for education purpose.
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Can Fin Homes is building a beautiful parallel channel . This channel begins from Fall of 2020, and builds up till date. The stock has given respect to both bands of this channel and continues its journey. Currently the stock is trading near its all time highs of 2017, which it did broke a few weeks back, but faced a strong resistance and retraced. This week can...
This is a long term Investment Idea using the Buy Only indicator.
Amararaja has given a multifold return over the years. They make batteries - its future seems to be bright!
In Feb '2011
Rs. 1,000 invested in this trade would've
possibly have become 21,459.65
by the end of this trade in about 4.5 yrs
Bank FD would double (with bank rates in 2011)
in 5 to 7 yrs....
This is a long term Investment Idea (Buy Only) following signals from this indicator.
Wipro has given a multifold return over the years. It is also known for paying dividends/bonus & has a solid management.
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Wipro #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
Tirumalchm recently gave a strong breakout in weekly tf of all time high resistance.
And now sustaining near support level , expecting it to give a pull back and can reverse.
Risk Reward ratio is very great.
All the important levels are mentioned in the chart itself.