Early signs of Tata Elxsi starting its upward journey Momentum & Trend turning around
Pattern is a classic breakout with volumes after a strong rally & consolidation at-least a short term run up of 20-30% possible SL of 195
Entry - 280-310 SL 250 Keep pyramiding & keep trailing SL
The easing commodities & palm oil prices and inflation may benefit for this company
Entry - 212 - 225 SL 185 Stock has made a strong bottom & a strong bounce Momentum is Strong
IDFC First Bank - Long term Bullish Current trend is bearish, buy at 33 and 32 levels. Educational purpose...
This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
📈 PI Industries 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2680 . On Buy Side I am looking for Targets of 3090, 3338 and 3500. StopLoss should be kept below 2600-2620 zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
AMARA RAJA BATTERY looking good for a swing trade. ] The reasons behind the trade. 1. A triangle pattern had formed in this stock. The height of the pattern can be taken as the target for it. 2. The stock will soon give a break of its 50 ema. 3. and at last at the same price, the stock will break its flag and pole pattern. Fundamental reason 1. the sales of...
📈 Thermax 📉 Thermax is breaking out from a resistance after testing three times. It was taking support at zone of 1650-1680 since December 2021. On Buy Side I am looking for Targets of 2080-2100. StopLoss should be kept in 1750-1780 zone. It offers 1:1 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
We have seen the pre COVID era when market was moving at a regular pace. MIDCAP was recovering after the fall of 2017. But suddenly as the dawn of 2020 we witnessed a huge crash. As the crash was so sudden that is why most of the investors got panicked and we have seen a devastating sell-off. Though the fall was gigantic but the recovery was even bigger. In just...
On an Hourly time frame, a divergence is possibly formed. If the consolidation is broken then a quick run-up should follow. Possible Target is given in the chart. Disclaimer: Only for Educational Purpose. Feel free to provide suggestions.
TATA POWER as per daily chart analysis Stock Above 226 for a Target 238. Resistance at 239. Wishing you all a very Profitable Trading.
SUNTV as per daily chart analysis Stock Above 465 for a Target 476. Resistance at 477. Wishing you all a Profitable Trading.
HINDALCO INDUSTRIES as per daily chart analysis Stock Above 580 for a Target 620. Resistance 621. Wishing you all a Profitable Trading.
FINEOTEX CHEMICALS as per daily chart analysis Stock Above 166 for a Target 173. Resistance 174. Wishing you all a profitable Trading.
PETRONET LNG as per daily chart analysis Stock Above 216 for a Target 223. Resistance at 224. Wishing you all a Happy Trading.
ELECON ENGINEERING as per daily chart analysis stock Above 153 for a Target 161. Resistance at 162. Wishing you all a Happy Trading.