CMP- 311 SL- 278 (closing basis) Target - 430-450 16/7/21 - Recent fall gave good entry in the stock - 280-300 is good support zone which is formed with committed VOL - Any drop of price to lower trendline is very good buying opportunity (unless things don't change fundamentally) - Stock is taking support from 100EMA in D and 20EMA in W. - Latest VOL surge was...
By taking support on long-term moving average hero motor corp reversed. RSI, MACD and are not suggesting much of a bullish move so taking confirmation above 3050 is a must for any long-term position.
Price - 771.25 Dt. - 12.05.2021 Yesterday stock had given the breakout and stock continued the momentum today with small profit booking. With fertiliser stock is in focus we expect Coromandel to perform well in upcoming sessions and the stock faced resistance today at 773.85. If stock sustain above 773.85 then this stock can be a good bet. 21DEMA is ready to...
Price has met resistance at 193-195 levels with 2 sweet Spinning Tops. 100 Day SMA @ 195.50 is a potential resistance. Square off if it closes above 195 on Daily. A tight stop loss but playing safe; open to fresh entries. GLHF!
Trader's Paradise , Breakout is most Probable Look at the S&R. Also watch 200 SMA closely. What do you think ??
Probably Playing S&R, Also 100 SMA is in helping to give a clear trend picture. Falling would be a most likely condition as compared to Nifty 50 but don't ignore the support just below. What do you think ??
Just playing in the S&R zones also 200 SMA is indicating the same. What do you think ?
Potential Positions are 10700 PE (higher prob) or 11140CE (lesser prob)
SELL COLPAL ONLY if breaks 1320, for target 1313 , second target 1308
CE OI thrice that of PE OI. 150 Seems like an unbreakable level. Short and carry till levels of 135. Stoploss: Above 145.6 Further analysis after target meets.
displace MA by moving them into future number of days . means less likely to get whipsawed by MA signals