NILAKAMAL IS BREAKOUT OUT OF RANGE AND STRONG UPMOVE IS VERY MUCH LIKELY
WAIT FOR 1245 LEVELS TO ENTER FOR TARGETS OF 1350 AND 1490
EVEN IN SHORTER TIME FRAME ITS GIVING A FLAG BREAKOUT
LONG TERM TARGET IS OF 1950
DO LIKE AND FOLLOW IF U AGREE WITH THE IDEA!!
There is a congestion zone around 349, where the price has found support and moved upwards. Offering a 2.5:1 RR, which can be increased with a trailing stop loss. Buy at 366, Sl at 352 and Target at 405-406.
escorts is near it's all-time high and if it breaks that resistance which I think will break because if you look on a daily timeframe it shows consolidation near the resistance area which is a symptom of a breakout.
SL 895 ( BELOW SWING LOW ON DAILY TIMEFRAME)
granules india is forming higher highs and higher lows on higher timeframes and it has recently broke long term resistance;
As per fibonacci trend analysis at can touch target of 256.
Here, i think that there is a potential upside in MGL (Short position) - 20 Days.
The price currently is Rs .1014 and i expect that by 5th February 2020, the price should touch Rs .1092
The trendline has been strong for MGL .
If you open the daily chart of IGL , you'll notice that there has been a good support to upward movement.
Disclaimer- These are my...
Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels.
Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss.
This post is not an advice to speculate using leveraged products, one must thoroughly understand the...
Case 1 : Bears come back - Midcap index falls further by 25-30% & new high occurs in 18-20 months ( March 2021) thereafter
Case 2: Bulls take charge from here on & index hits / crosses new high in 10-13 months ( Aug-Oct 2020)