BHEL : +67% to +239% Upside PotentialBHEL 25 Nov 2022
The stock was showing a good price action for the past couple of weeks, today BO of previous resistance TL with good volume.
In Play : HH-HL
Summary
• Clean TL BO with Vol
• Trading above VAH
• Next Resistance 108 : SH
Conclusion
• CMP 80.65
• Test Qty can be initiated
• Add to the position on RT-TL
• Higher Targets could be around
o Short Term : 102/120
o Mid/Long Term : 145-177-264
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Nse
Big Boy Reliance : +15-24% Upside Potential25 Nov 2022 Reliance
Stock is hovering in the zone of 2500 +/-10% for the past 1 year, now showing some strength.
In Play : HH-HL
Summary
- Stock bounced from the VAH zone
- few weeks of low volume PB
- TL likely BO
- ATH is at 2856
Conclusion
- CMP 2618
- Test position can be initiated on BO of TL(as of now BO may fail : Low Volume @ TL)
- Rest Qty can be planned on RT of TL
- Higher targets could be around
• Short Term – 2757/2856/2928
• Long Term – 3038/3258(ATH @ 2856) need to see price action in the ATH zone to confirm higher targets
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
JUBILANT FOODWORKSJUBILANT FOODWORKS is consolidating between the levels of 570 to 545 the moment it breaks down the consolidation zone we can see a good fall till 528 as there can be a small hurdle. The further target we are getting is till 500.
500 is good support where it saw the support and reversed back with a double bottom pattern. which also completed the Tripple bottom pattern and then consolidated between 545 to 570. That makes it the most important level to break down .
Another point is that while putting the FIB retracement we can see that the 0.5% rejection level is at the same 545 level and 0.6% is at 526. Because of this, we can see a slow bearish move (DEPENDING UPON THE VOLUME).
We can see pressure building up when moving average of 50 and 100 are crossed that show a negative sign in the market and we can see the breakdown on that point too.
RAILTELRAILTEL:- May you get time to buy it, wait for breakout, good stock of railways, right price
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Navin Fluorine Int : +11% Upside Potential17 Nov 2022 Navin Fluorine Int
After a strong BO in Aug 22, the stock was in a range for 4 odd months. Now, stock shows some sign of BO from the previous LH/TL.
Summary
- Stock bounced from the VAH zone
- 4 months of accumulation
- Inv Head and Shoulder pattern(Confirmed BO)
Conclusion
- CMP 4595
- 3% Test position can be initiated
- Rest Qty can be planned on RT of TL
- Higher targets could be around
o Short Term – 4746/5055
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
COFORGECOFORGE:- formed double bottom pattern..... currently at very crucial level. stock expect good up side move.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NBCCNBCC:- formed cup and handle pattern. soon breakout in weekly chart. keep on eye.. its crucial level.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
TVS MOTOR COTVS MOTOR CO:- consolidate for few days. support from important level now will prepare for uptrend.
Please keep strict stoploss here.. its crucial level.
You can plan the trade as per your risk appetite now!!!!!!!!!!!!!
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HALHAL:- HAL break out with high volume. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HUDCOHUDCO:- it may give Breakout to test the level 47.25. keep on eye
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
FINPIPE _ Retest of breakout - low risk and high reward tradeThe stock was trading in a highly negative manner, but the downward trendline was broken with good volume, and a retest of the trend line followed the breakout.
This trade can be viewed as a retest of a breakout; it will be low risk and high reward trade.
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Thank you
Kotak Mah Bank : +17% Upside Potential16 Nov 2022 11:22hrs Kotak Mahindra Bank
A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO.
Summary
- Stock shows a BO from the VAH zone
- 1 year of accumulation
- Approaching major resistance place around 2000 levels
- Head and Shoulder pattern(Awaiting BO)
Conclusion
- CMP 1962
- Trade can be planned on BO/RT of 1990-2000 zone
- Higher targets could be around
o Short Term - 2047-2126
o Mid to Long Term - 2211-2275-2323
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
CEATLTDCEATLTD:- formed cup and handle pattern. monthly breakout if break the levels 1765.20. buy for short term.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Ambuja Cement - A buy in cash segment.Feels like Ambuja cement has completed 2 waves of major trend
If this is the 3rd impulse wave structure, we can see a sub wave (impulse) in it.
Have a look at the RSI and volume in hourly chart.
Buy zone :495-500
SL zone:465 levels
Final target for this wave is 645.But depends on how we manage the trade.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES.
AMBUJACEMAMBUJACEM:- formed ascending triangle pattern in daily time. keep on eye if breaks the levels 585.50 Go for long.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
KIRLOSENGKIRLOSENG:- formed rounding bottom. weekly breakout and consolidate. keep on radar. good stock keep accumulate.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ALLCARGOALLCARGO:- formed rounding bottom pattern and also break the important level and retest the level. good stock keep accumulate
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HCL TECHNOLOGIESHCL:- HCL tech breakout. with good momentum. keep on eye
good for short term.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Good opportunity in ntpc for intraday swing trade50 ema on 15 minutes chart of ntpc, is acting as a resistance But in last trading session it closed above the 50 ema. If it sustains above 50 ema, a rally till 175 /180 can be expected.
180 holds highest call oi and 175 holds second highest call oi in 24th nov 2022 options series.
PERSISTENT SYSTEMSPERSISTENT SYSTEMS:- consolidation for the last few months..... formed Cup and Handle Pattern if break the resistance go for long...
almost 3 times tested upper resistance...
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning