Cup & Handle Pattern Breakout Seen in Guar GumHello Guy's, i have brought analysis for Commodity lovers on Guar Gum. Chart is clearly showing a Cup and Handle breakout on daily timeframe and it is supported by rising volume. MACD is sustaining above zero line and has formed a bullish crossover. All these observations are seen in the daily timeframe chart. A long trade can be taken in this Guar Gum for healthy upside. Well i have written everything on chart, but still writing here.
Important levels in Guar Gum:-
Buy between in the range of 13300-13000 levels.
Targets we can see in upside 14078/15166/15836.
Keep stop loss at 12538.
Bullish Crossover in MACD supports the bullish view.
So, Guy's according to Price action and MACD bullish crossover, a rally is expected towards 15000+ levels. So trade accordingly.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Longterm
Deepak Fertilizer: Plain simple chart analysisDeepak Fertilizers
One may look to accumulate the stock at cmp and on dips towards 485 from Medium to Long term perspective.
Momentum may come once it crosses above 580 odd levels.
Take care & safe trading..!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
INOX WIND will give good returnswe see in the chart that the stock changing its momentum
we will see that the stock will give good returns on the monthly chart
Central resistance zone between 235 to 310 rs approx.(+-5)...above 233 will see a sudden change in north direction...book profit at 300 rs and if broke 310 monthly then the stock will show further momentum
first target:235
second target:305 approx.
sl:165 rs on a closing basis
views are personnel...we are not sebi registered...
ENGINEERS INDIA - 164% RETURNS!!!BUY - ENGINEERS INDIA
CMP - Rs. 75
Target - 1: Rs. 117
Target - 2: Rs. 150
Target - 3: Rs. 200
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Comment: Targets 2 and 3 will be achieved in the long term.
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Technicals - 1) Harmonic Pattern indicating Bullish Reversal.
2) Targets set using Fibonacci Retracements and Gann Angles.
3) The stock is at support.
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GLENMARK PHARMA - 140% RETURNS!!!BUY - GLENMARK PHARMA LTD
CMP - Rs. 449
Target - 1: Rs. 702
Target - 2: Rs. 914
Target - 3: Rs. 1061
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Technicals - 1) Harmonic Patterns - Anti Nen Star, Sea Pony, Leonardo
2) Targets set using Fibonacci Retracements and Gann Angles.
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Comments - Target 2 and 3 will be achieved in the long term.
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LSIL - 85% RETURNS!!!BUY - LLOYDS STEEL INDUSTRIES LIMITED
CMP - Rs. 16
Target - 1: Rs. 21
Target - 2: Rs. 24
Target - 3: Rs. 30
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Technicals - 1) Bullish Harmonic Pattern - Sea Horse.
2) Targets set using Fibonacci Retracements and Gann Angles.
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Comment - Target - 3 will be achieved in the long term.
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United Spirits, for Swing trade and Positional tradeThe best company with strong technical and fundamental.
Double bottom formed and gave breakout last week.
Conservative traders wait for retrace and then go for entry.
Aggressive traders can enter at the Current market place itself.
Short term Target 1220 🚨SL must, it depend's on your risk appetite
Long term Target Hold for decade
🚨DYOR
SBI Cards Promising credit card business(SBI CARDS for long term investment) one can
average or add few chunks in 800 levels
or the average RSI near 43, Next chunk
can be invested in the yellow support.
(Currently taken support in pivots Fibonacci - P )
Posted highest profits ever.
Credit card penetration high.
Highest ever credit card spending's.
TATAMOTORSTATAMOTORS:-The stock was following a parallel channel in May, first it gave a below breakdown, trapped the sellers and gave an upside breakout, if the price sustains above 513, we may see upside momentum. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.






















