BHEL has given a very beautiful for Cup & Hndle Pattern and its now test the channel. We ca Initiate a long trade here with stoploss below previous swing low for target 43-44
Stock has tested in major support zone of 63 and bounce back from those levels and broke the down trendline indicating continuation of the current momentum. A Fresh can be initiated at 66.5-67.5 levels with stoploss below previous swing low for target 1 and target 2
Jyothy Labs is in a strong uptrend and is continuing its move. Recently it has tested its previous resistance which is now working as a support and now given the breakout of a down trendline so we can ride this trend with strick stoploss.
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. cmp 214 stoploss 181 target 256.
if price > 262-263 target1-270 target2-278 follow the channel. tip: if the price goes below the channel at any moment exit;
Also chances of taking support at 272 be patent take confirmation and trade Chart is only for educational purpose
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 STOPLOSS 1130 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!!
This is an example of the cup with handle bullish strategy. Buy at CMP, Sl at 244 and Target above 290.
Price making higher highs and higher lows. There is a strong resistance at 148 and expecting breakout above 170. Buy at CMP SL: 148.25 Target: 174 Risk Reward - 3.43:1.
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