Delta corp a cheap buyDelta corp has correct more than 85% from highs
I believe at this price level downside risk is low as we have long term support below
Look at the chart for the levels
Longterm
Bitcoin is making cup and hanle pattern forBitcoin is making cup and handle pattern for breakout if it break the upper level then it can show almost 1000 point onsided move .if want the exacy buy level hit the like button and follow me . i will update through message .
Ashok Leyland Longterm analysisEven though Ashok Leyland doesn't fit our investing framework, posting this in case it will be useful for already invested investors
3M India longterm analysisStocks dont double over night
They need time some time months some time years
If you see the 3M India in longer time frame stock doesnt move for years. That is when you ability will be tested and who stayed in the course will only be rewarded at the end
So as an investors be patience until noting changes fundamentally in a company
Axis Bank LongLong opportunity can be seen in axis bank for long term investment.
SL below the Patter low
BOSCH India at demand zoneBOSCH at long term demand zone
Keep accumulating the stock at these levels for long term holding
Stock can go side ways in short term
Hold till it breaks down support
Low risk high reward trade
NSE:BOSCHLTD
Raymond - from current level to 235 or 177Raymond standing on longterm strong support of 223
Considering all global index's are in positive incase if market opens positive,
should reach 235.
Incase if breaks this support level next strong support is around 177 and can be considered for good shorting
Retailers Favorite (Yes-bank)If the stock successfully makes a higher low then it can certainly shoot up in the coming days.
Currently took support at 50 % Fibonacci.
CMP = 50
SL = 25
Final target = 120
Spicejet: A Long term Investment bet...Spicejet is at a level which historically has acted either as a strong resistance or strong support.
If the level is held then Spicejet has a strong possibility of jumping back to 95 / 102 odd levels.
On a fundamental note
- Corona virus fears have let to many flight cancellations
so in the short term, things could be difficult
- but recent price drop in crude prices if stays at lower levels in medium term then it can be a beneficial for airline industry on the whole.
The current levels provides good risk:reward ratio to go long in the stock from long term perspective.
Take care
Happy & safe investing...!!!
UPDATE @ICICIBANKThe resistance level is being tested many time in lower time frames and daily chart show flag (and also breakout pennant) which suggest long oppurtunity for long term.
For short term the price may go down from the resistance level and hit the target as I mentioned earlier.
CEAT Limited approaching breakout: BUY if closes above Rs. 995CEAT Limited, a tyre-manufacturing company is approaching breakout. Two of the other well known tyre manufacturers in India (MRF and BALKRISIND) have already given breakouts. Will this one be successful too?
Lets stop guessing, and follow the strategy used to identify others. The Pro-Breakouts strategy that I use automatically draws breakout and support lines, which result in trade signals. For more details, please refer to the website link in the signature field below.
MARUTI - BUY signal generated at Rs. 7,178After the EXIT at around Rs. 9,000 , the next BUY signal came at Rs. 7,178 . We won't be able to buy at the lowest price, won't be able to sell at highest. But will eat the meat in the middle. Just need to follow a strategy.
The Pro-Breakouts strategy that I use automatically draws breakout and support lines, which result in trade signals. For more details, please refer to the website link in the signature field below.
Long Term Bullish Call on Whirlpool IndiaWhirlpool has remained in an accumulation rectangle zone for almost a year preceeded by over 2 years of bull run. The scrip has seen some supply that was absorbed and has been followed by a relatively higher volume breakout on the weekly charts. There appears to be strength in the uptrend.
Longs may be initiated on dips (closer to EMA 9 on the weekly charts).
Stop Loss should be maintained at 1655.
Nifty will test 9200 level The trend analysis done using few major support lines on daily chart , we are looked into major support/resistance trend line of market cycle trend, long term. Sensex channel has touched high value for all three channel, on 3rd June Sensex touched high value trend line (Resistance) continuing since 2009 and also touched high value uptrend running since Oct'18 and same for Feb'16. Since than it started downward movement and touched bottom of 1 channel in early July at 11,461 (touching bottom of its up trend continuing since Oct'18.), touched bottom of 2nd channel on 1st Aug. at 10,950 (of its up trend continuing since Feb’16.). If it break this 11850 level/ Support it will continue to 9,200.
Short position can be opened if 11850 level is broken by Nifty on closing basis, it means nifty has to close below 11,850 for opening short.
Trading Price 10,862
Target1 10100, Target2 9500, Target3 9200
Stop Loss 11,300
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, thats the only fee from You! And Follow me if you like my ideas.. Please check out other idea I published on stock, you will be amazed with targets I have given and achieved those with 95% accuracy till now.
