There is a head and shoulder patter emerging on the hourly chart. Short at CMP SL: 212.5 T1: 200 after target one, trail the stop loss to the price and bring risk to 0. T2: book profit.
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. CMP 989 SL 895 ( BELOW SWING LOW ON DAILY TIMEFRAME) TARGET 1576.
coromandel int is in an uptrend in the long term and as per Fibonacci it has the potential of reaching rs 859 CMP 673 STOPLOSS 586 TARGET 589.
A must have in portfolio. Buy at small risk around 300-320 with 10% stop loss. Target will be around 1000 in 1 year. Momentum stoc
It is wise to focus on quality midcap stocks , than the broader index. The Thursday correction has not impacted this index much, strong uptrend is intact.
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...
Invest in GICRE near 225 215 levels. Stoploss is a weekly closing below 190. Target 274 325
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)
Just Dial is bouncing back from very crucial support after getting accumulated for almost three years. In the latest Sep-19 quarterly results, the company has posted the highest revenue and net profit in recent quarters. Moreover, this is a debt-free company and trading at 16 PE. Stock can be bought at the current price of 625 for 100% return in the near future.
Nifty Midcap weekly chart analysis - We can observe that it has been trading within a channel since early 2018. A breakout could lead to a fresh bull rally.
TREND ANALYSIS Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 6 to 10 times.
Hare Krishna! Sharing for educational purpose to learners. As per my idea of selling Asian Paint in the below linked ideas. Took the position on 12 Sep. Example of Professional Trading involving patience and precision. Losses will come but profits will outshine them in the long run. Good Luck
Shorting Gail India after a clean break. Good Luck Haribol !
Manappuram Finance - Entry@125 Sales growth of 15.5% since 2015 Income growth of 38% with an average ROE of 18% I have initiated a pilot position. I will add more based upon price strength and 2019 march annual earnings guidance.
Ceat broke out of a triangle pattern and now testing support. Buy at 1275 Stoploss 1250 Target 1320 Careful with buys.
MINDTREE is a BUY on NSE around 1086 with SL of 1046 and Target of 1170. If it comes down tomorrow and takes support around 1090 then get in the stock.
Stock has been following this channel expect this trend to continue over next month until it strongly closes above the channel.