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.
IDFC could break out from its longer term resistance, leading to a strong rally. Or break down below its short term support trend, which would be a good time to initiate shorts. Will observe closely and take position accordingly.
Mindtree NSE:MINDTREE has gained 10% on NSE with volumes move than 4 times its average, which has also crossed its monthly resistance and weekly resistance on Friday(23/02/29018). Likely to see further upside from here. Hence a Buy on MINDTREE around 812.75 with SL of 805 and Target of 832.
After making all time high of 696 niittech corected to 605 & then gave a breakout from the flag pattern .Size of the pole is 235 so the tgt will be 875.Keep the low of the flag as stoploss i.e. 605. Will Niittech reach the tgt or hit the stoploss.Let's see.............
"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very...
It's a Good Long weekend, Days like these are the most welcome ones & I also have sometime to pick n choose Mid-cap stocks which are far away from the line we play by. Cutting straight to the subject IFB Industries looks quite promising based on post above, A Good 2-Year Old resistance zone is broken very convincingly with great volume surge compared to previous...
It is been observed that ANDHRA BANK, has given a cup and Handle breakout near 57.5. bullish in nature. watch near 56 to 58 for target 63/72 stop loss below 54.
SOUTHBANK has given a head and shoulder break out pattern i.e bullish in nature, watch near dip for target 28.3/ 31 stop loss below 20.
Symmetric Triangle on SUN TV and it may break either side but indicators like RSI, MACD & Stochastic are showing bullish sign. Let see, where its going to break ? Levels for Long: Level 1 - 505 Level 2 - 516 Level 3 - 526 Level 4 - 536 Levels for Short: Level 1 - 473 Level 2 - 465 Level 3 - 456 Level 4 - 446 "Happy Trading"