Hello traders,
Previously an idea was posted on godrejprop, this is another realty stock at a good dip as well with a great potential.
the realty sector is expected to boom in 2023.
let us look onto a short note on fundamentals of SOBHA.
A short description of the company:
Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to...
Usha martin symmetric triangle breakout, which is continuation pattern.
size of pattern is rupees 80.
potential targets 165, 190, 220, 280.
keep stop loss 7-8%
Time horizon 6-12 months.
Note : Only for learning, trade at your own risk.
Apcotex has the potential to give 20% to 30% returns before its following quarterly results, there are few intense resistance levels if the stock crosses them then it will become unstoppable .
Devyani International looks good to buy at current levels 145 - 140 and add more if get around 130 for the marked targets on the chart.
This is an investment stock to hold for the mid-long term.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
CMP coincides with downside of 200MA, 50% Fibonacci level and current RSI level at previous resistance level. Daily candle in the range of previous support now turned resistance. Short term selling could be seen.
1) The stock has given a Strong Trendline Breakout with the candle closing.
2) It Took support from the Bottom.
3) Can go long above 1700
4) Target levels are mentioned in the chart
SHARDA CORP
Recently Stock shown some good move and then Consolidating in a range from feb
Volume almost dried up during consolidation.
Also took support from 50DMA
Now After Range breakout on chart above 585 levels again price retracing
Could be a good bet to buy for targets of minimum 660
Keep watch list for Intraday also, use 5min chart for Target and Sl...
As Stock given negative breakout after consolidation we can expect a pullback in this stock while considering 200-DMA ,Fibo levels and previous data stock is expected to take support in range 1030-1055 with Stop loss 1020 or 1000(psychological levels) for target of 1130 / 1160 / 1200.
BUY NAUKRI UPTO 4200
TARGETS 5180, 5360, 5600, 5770, 6000+++
SL 3200 ON WEEKLY CLOSING BASIS
TRAIL SL ONCE IN PROFIT
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
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...
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...
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 :
Entry ...
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...
