nifty technical view being neutralAs per above structure there are two things to note
1)Nifty formaing a bearish h&s pattern
2)nifty given a breakdown
NOW positive things to note is:-
1)Nifty already made 8.4 % correction from Life high areas
2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case
in normal case we can still see max 2-3 % (ie 400-550 points) ie upto 16500 areas .
3) In worst Case scenario it may see correction of 5-7 % ie making it 15 % from top
will lead to 15800-15850
Longterm
MOTILAL OSWAL FINANCIAL SERVICES above the RESISTANCE ZONE.In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level (only on candle closing below basis). Previously when candle closed above the resistance zone ,showed a quick upside movement of 170 points move. so this time we can expect somewhat same movement. If you are long term holder this can be a good pick for the ultimate target of 1587 level.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF SUPPORT-RESISTANCE OR DEMAND SUPPLY ZONE. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
Breakout @ IDFCBreakout above the Old High, Break out above the trend line.
Volume Supported the Breakout.
Can see Short Term Target between 70 to 75 on charts.
if it created base above 75 then we can see 100 in coming months.
Take a Positional Trade
Welcorp for Swing TradeNSE: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.
Follow for more update.
Amarajabat - Last ten years of AmarajabatThis 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 21x returns in 4.5 yrs.
That is why investing is great way to build wealth!
*no dividends, bonus, etc taken into consideration
*Never put all your eggs in the same basket! Typically should diversify investments to absorb shocks*
#Amarajabat #Investments #Dividends #NSE #BSE #LongTerm #GoldenStocks
DM me to let me know if you want me see more investment ideas to be published
Karnataka Bank for a long termKarnataka bank is moving in a symmetric triangle pattern It's likely to cross ₹160 in next 1 to 2 years investors can start accumulating between ₹58 to ₹70 levels. The Karnataka Bank Ltd's earnings have declined by -1%, whereas share price has declined -7.6% CAGR over the past five years, indicating the company’s share price is likely undervalued.
TCS LTD (SHIORT TERM BUY CALLMy best pick on TCS @3500
One can Take long Position in this Above @3500 SL 2750 Target 3700++3900++4000+ SL 3250
Reason::: Daily Strong Trendline Support level :::RSI Near 30-35 Level:::Bit oversold
This Trade Has Low Risk and high Return Possibility
This call is just for study Purpose. Do invest at your own Risk ..
STAY SAFE : Stay WEALTHY:::
next year target above 49 finalized ?Yes , Now it is consolidating in it's range but once it breaks its trend line with volume and remains there ,
It wont take time to reach 49+...
NOW , FUNDAMENTALS::
Indian Railway Finance Corporation (IRFC) will raise up to Rs 3,000 crore through issuance of unsecured,
redeemable, taxable non-convertible debentures (NCD) maturing in 10-year.
The NCDs have a base issue of Rs 500 crore, with retain oversubscription of Rs 2,500 crore.
I've completed my analysis of IRFC . My target is that it will go down to 23 or 1 or 2 rupees dip more..
rupees in these days if market takes correction otherwise it will start it's rally till 50 rupees.
TARGET OF PRICE RALLY IN IRFC FOR 1-2 YEARS
Upside target 124.05
Upside target 112.77
Upside target 24.28
Downside Target 23.99
Downside Target 23.64
Downside Target 23.3
Downside Target 23.24
Downside Target 20.92
Bond 8.00% Pa Tax Free S1 IRFC Opened at 24.85 & Closed at 24.15 and moved inside a range of 24.05-24.95
PRICE ALLY IN IRFC FOR LONG TERM NVESTMENT
Upside Price target 1224.55
Upside Price target 1165.00
Upside Price target 1151.00
Upside Price target 1140.01
Upside Price target 25.46
Upside Price target 25.11
Upside Price target 24.64
Downside Price target 23.89
GUYS I LOVE THIS STOCK FOR INVESTMENT F YOU WANT TO DOUBLE OR TRIPPLE YOUR MONEY JUST INVEST ALL YOUR MONEY ...
(as per your knowledge )
Aarti Drugs Analysis for Short termAarti Drugs is moving in a Descending triangle pattern from Aug 2020 and may give a break out shortly. Even though the pattern is bearish, I'm quite bullish about this stock bcz it's a market leader in API supply with a market share of 79% and API market will only grow with time to reduce dependence on China. So Buying it now with a SL at 575 can prove to be a Jackpot in Short tern] and long term.
HDFC Bank big Breakout HDFC bank has just given a breakout from it's double bottom pattern. But volume and Rsi indicates lower strength so we might se pullback tomorrow and that should be taken as an opportunity to enter in this golden stock
Buy at 1645-1650
Targets 1700,1780
SL 1600
Long term 1800 2000
(No SL)
HDFC bank is one the most fundamentally strong company and with its upcoming plans o expanding in rural areas makes it one of the best long term bet.
For short Targets duration is 3-4 weeks
and for Long term targets 1-2 years
SBIN is in Ascending Triangle channel what is Ascending Triangle ?
Ascending Triangle is a bullish pattern that indicates the price moment on the upward side .
I expect a good upward side moment in this channel reasons are as follow
1: its a bullish pattern }
2: no sing of correction in nifty
why not ?
if seen a good correction in nifty then it may fall down...
*always 60-80% technical pattern works*
Sree Rayalaseema Hi-Strength Hypo Ltd Buy for Mid/ Long TermSree Rayalaseema Hi-Strength Hypo Ltd may be considered a buy for Long term.
Please read every point before taking entry - Enter only and only if you feel confident, and if you feel what is written here is acceptable.
Factors for entry:
1. Fundamentally strong (Please go through the fundamentals of the company before messaging me, its easy and direct)
2. The Company is engaged in manufacturing and sale of industrial chemicals and generation and distribution of power - Chemical will be the next segment I will be concentrating on.
3. Technically - weekly trendline broken, strong bullish candles
4. Upper support levels are broken.
However, I won't recommend to buy completely now.
I will personally start building my portfolio slowly (I am expecting it to retest the bottom trendline again, if not then I am satisfied with the present entry).
Initial marked SL i.e below 270, is if people are taking an entry in CMP (What I suggest is better to build the portfolio, slowly adding more if its coming down).
The dark blue line may be followed if daily candle closing strongly above the resistance zone.
I am expecting a retest - so high probability of the dotted line to follow is there.
A safe SL is below 220 (This would be my SL)
TGT: 400/450/500 ++
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a mid to long term investment only, its not a positional or an intraday trade
PS: Since I am presently sailing- I wont be able to do any intraday trade, and this is the reason why I am not posting any intraday/ positional trades. As and when a good stock appears for mid/ long term investment, I will try to post.