Lowriskhighrewardplay
PNC infra Good chart pattern low risk buyIt has formed a nice bottom.MACD indicator also shows bullish crossover signal below zero line and histogram has started to go green.
$ Reliance | Positional SetupA possible Buy with a small risk of 2% and a good move awaits ahead :)
Trade according to your risk and emotions and plan accordingly.
This is just a mere glimpse of what possible move can take place.
Happy trading :)
TATA STEEL - Cup and handle + RetestTravelling in a Parallel Channel.
Along the way it formed a Cup and Handle pattern and most importantly it broke out with good volumes.
Retested back to the line of least resistance and is now all set for anew journey.
All this is happening at the bottom of the Parallel Channel is great for the stock to head back to the top of the Channel.
Low Risk and High Reward
YES BANK - DivergencesSimple Price Action
With a bullish divergence in both the RSI and MFI, I expect the stock to touch 17 sooner than later.
INFOSYS - Tale of Double bottomsA Cup and Handle pattern being formed inside the Parallel Channel.
The Cup made double bottoms and not its the handle that has repeated that.
*****
Help Me to Help Us.
Always keep a stop loss to rescue you out of troubles.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
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WIPRO - Good Risk Reward ratioAnticipating a breakout from a Symmetrical Triangle Pattern while it moves along the Parallel Channel.
HCL TECHNOLOGIESBroke the Descending trendline and after a retest is paused for a rally up to 1062 to begin with.
Hawkins Cookers- Weekly chart
- Medium - Long term investment candidate
- Breakout- Retest
- Trendline support
- Industry Tailwinds
ESAB INDIA - Could it be a Multibagger !!!Stock P/E 48.0
Industry PE 40.1
Dividend Yield 3.70 %
ROCE 32.0 %
ROE 23.5 %
Face Value ₹ 10.0
ROCE3yr avg 23.9 %
ROE 5Yr 14.0 %
Piotroski score 7
OPM 12.8 %
OPM 5Year 11.1 %
Promoter holding 73.7 %
Free Float Mkt Cap ₹ 766 Cr.
Pledged percentage 0.00 %
Debt to equity 0.01
Intrinsic Value ₹ 1,687
Technically:
- Brokeout after a long box consolidation and now it has formed an Ascending Triangle Pattern.
I see a TARGET of 2375 sooner than later.
Momentum index > 0 - POSITIVE
Relative Strength rising over Nifty - POSITIVE
SYMPHONY - Long ConsolidationA simple consolidation breakout anticipation.
Fundamentally sound.
Low overhead supply.
BANCO PRODUCTSFundamentally good stock.
Has the potential to reach the targets sooner than later.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
Always keep a stop loss to rescue you out of troubles.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
MARICO - Looks good The formation here is an inverted Head and Shoulder.
Consolidation near the shoulders on both ends.
The chart is self explanatory.
KOTAK BANK - Very attractive set upCMP = 1370
Price is above 10, 30, 50 SMA.
Very nice setup for going long.
Look to gain profits ranging from 5% to 11% in the short term.
Maintain Stop loss at 1315.
IDBI (***Attractive - hoping for breakout)CMP = 40
Handle too k support at 0.382 Fib
Target 1 = 44 (10%)
Target 2 = 48 (20%)
SL = 38 (5%)
DEEPAK NITRITEConsolidation in a rectangle.
try to buy on dips 490-495
Target = 546 - 8.3%
SL = 490 - 2.7%
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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
