Hi everyone, United spirits mid term swing trade consider buy on CMP 925 target 1,090 stoploss 893.
LOGIC BEHIND TRADE : Stock recently given breakout of it`s all time high & trading on it`s support and if calculated retracment level = 0.58, it`s good oppourtinity to buy on support stoploss only 20 points from support and target identified from harmonic abcd...
In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level...
1. Flag and pole pattern is clearly seen in the chart.
2. Today on 10th of november it breaks out the flag with a good bullish candle having good volume, higher than 21 day average.
3. Now it may give a retest in before picking up the momentum or continue with no retest.
So it is good to enter in the stock now , and add more on the time of retest :
BREAKOUT in TATA-MOTORS with huge VOLUME can be seen in daily timeframe after the double bottom, double top formation , so we can name this as a double top, double bottom breakout ?!. okay.. no one will ever want to miss a rally like this, so, I'll suggest you to go long at CMP OR one can also wait for the pullback/retest/backtest. If shows any pullback or...
► Aditya Birla Capital had seen a weekly breakout in mid-February
► After breakout, stock is consolidating, forming a triangular pattern
► Entry can be taken on break of triangular pattern or pullback to the triangle
► Based on news of SEBI clearing draft red herring prospectus for Aditya Birla Sun Life AMC, there might be a gap up opening on Monday breaking out...
heg cmp 2195
add @2100 range
2370-90 acting as a good resistance.
once it breaks the resistance, we can see a good ride in the stock.
Why was it selected❓
🔹expecting good growth in this company
🔹Technically looks good.
🔹Funda almost good.
🔹Company is almost debt free.
👉Entry possible,but it’s not a buy recommendation.Study well🙏
Stop Loss: 8% from the purchase price. Re-enter in case of shake-out.
Target: At least 20 - 25%. Trail in case of momentum loss.
1. 60% Annual EPS Growth
2. Good Institutional Support
Cup and Handle formation breakout on weekly charts. Volumes not high, neither low, hence low chances of prices falling. I would suggest going long on CMP as a swing trade. (OPEN THE CHART FOR DETAILED VIEW OF THE ANALYSIS)
Target 1 : 50
Target 2 : 60
Target 3 : 70
Target 4 : 76
Stop Loss : 36.5 (TRAIL STOP LOSS)
Risk-Reward Ratio favorable
There is a chance of market to move up side from the value of 327.
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A Triple bottom (encircled in the chart) can be seen on the weekly chart of Reliance Inds. RSI shows good momentum in the stock. MACD giving bullish signs. I would recommend a LONG swing on Reliance Inds.
Target 1: 2140
Target 2: 2194
Target 3: 2320 (A long jump is expected after crossing target 2)
Stop Loss: 1927
Note: Trail your stop loss to avoid losing...