granules india longgranules 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.
MIDCAP
Intra-day for petronetif price > 262-263
target1-270
target2-278
follow the channel.
tip: if the price goes below the channel at any moment exit;
LIC Houding Finance-Short if it is goes below 272Also chances of taking support at 272 be patent take confirmation and trade
Chart is only for educational purpose
NILKAMAL POSITIONAL TARGET 1950 (55% UPSIDE)!!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!!
HERITAGE FOOD LONGThis is an example of the cup with handle bullish strategy. Buy at CMP, Sl at 244 and Target above 290.
ELGIEQUIP LONGPrice 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.
GRANULES SHORTThere 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.
BHARATFORGE LONGThere 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 LONGescorts 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 longcoromandel 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.
Deepak nitrate new bottom at 300-320A 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
Nifty Midcap 100 Index, much stronger than NiftyIt 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.
MGL - Uptrend from 995/1000Here, 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 personal views and not a trading advice. Do your research before trading or investing. I/we are not liable for any loss that may occur. Trading involves high risk and should be done cautiously. (Also, enjoy the process, with every Gain/ (Loss), you get some insights which should be analyzed in detail and taken a note of. Let's grow together as a community and spread knowledge.
GICRE - Investment OppurtunityInvest in GICRE near 225 215 levels. Stoploss is a weekly closing below 190.
Target 274 325
CNX Midcap - Bears have max 1month to show their mightCase 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 a buy at CMP 625 #JUSTDIALJust 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.
