Bandhan Bank to start fresh Impulse WaveStock post touching 650 broken Consolidation started going south till 152.
From 152 it made retracement fib levels 0.5 completing first 5 wave impulse
Right now stock trading in parallel channel and expected to respect it as Volume dropping and wave C could be coming to end near 270 which is again 0.5 Fib level of impulse.
Long all dips towards 270
Short term STOP LOSS 248, For Long term bigger Stop loss of 195 on daily closing basis.
Expecting impulse 5 waves to start soon with short term targets 368,396,432(possibly wave 3).
Long term positional target 521 (80%+).
Disclaimer: Calculated and plotted values may differ from actual stock movement. Plotted wave count can be wrong. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.
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Longterminvesting
State Bank Of India | Bearish View Spotted Head and shoulder pattern on SBIN.
Not seeing the uptrend unless it breaks the Supply ZONE. It is now too conjusted to break,
Even on Hoursly Time Frame it is bearish.
LongTerm Trader can remain Invested 180. however if it goes down , move out from the stock.
Also if you notice too much conjestion now, near the right shoulder
On a 4 hour chart and hour chart, there is high volume towards selling so beaware of this stock no movement for sometime in this stock
Multibagger stock? Maybe.NSE:VIPIND
This is the best stock for long term. For a short term, it is not going to give much returns. but it's a perfect stock for long term for more than 20% returns. A good and stable company, good PE ratio, available at a great discount.
Don't miss it! add it in your portfolio and don't worry about it.
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
Its Time For Tata Group -TATA MOTOR DVR ready for a 20-50% GainsLIKE SHARE COMMENT AND FOLLOW US FOR MORE CALLS
Lucrative opportunity for long term buyers!Analysis:-
- Previous week ending 5th April was bearish for HUL. Then a green Doji on 8th April showing indecisiveness against the bears. This was followed by bullish candles confirming a trend reversal this week.
- This reversal happened exactly at the long term trendline as shown.
- Stock moved in downward channel for past two months. Finally appearing to breakout from that channel with volumes.
- Currently on the brink of reclaiming 50 DEMA of 1716. I would like to see HUL cross it in the coming trading sessions to go long for the next leg of rally till 2000 levels while reclaiming other longer term moving averages in process.
- Mild bullish RSI divergence was also observed.
Conclusion : Long term trend is positive and still intact. If you are looking for a long term bet, this appears to be a right time to enter this counter.
Let me know what you think of this opportunity.
Confused about where to invest at this stage of the cycle?Monthly chart CNXPHARMA
Price action: Blue arrows show higher top and bottom
Line studies: Price moving out of red downtrending channel
Averages: Support at 200 period EMA in June 2018 and Feb 2019
RSI: Bullish divergence + trending up NSE:CNXPHARMA
Comment: One can consider investing in pharma funds/Etfs with a systematic investment strategy for 5 years (Holding period 10 yrs)
By Animesh Vashisht, CFTe
(Disclosure: I hold personal investments in the sector.This is just an opinion not advice.Consult your financial advisor beforemaking investment decisions)
Ashok Leyland : A potential long term investmentAshok Leyland is one of the well-known Auto Companies India & is Fundamentally Strong
Entry : 75<+>85 Range
Stoploss : Considering Long Term SL will be at Own discretion
Basic Target: 110
if you have any queries regarding above idea or any other stock feel free to D'M
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Buy Mirc Electronics - Long Term DeliveryMirc Electronics is a buy with a first target of Rs. 31 and second target of Rs. 38.
Price of this script looks oversold to me. On daily candle chart piercing line pattern has been created with heavy volume so i dont think there is more downside from here in the stock..
However Stop Loss should be place at Rs. 19.80
If anyone interested in more such fundamental and technical calls please visit our website wp.me
a good stock for SIP the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP
(systamatic investment plan)
for long term
irrespective of bull and bear market
.
caution
above is not recommendation , but just an idea of how i do invest or trade in a stock.