HAVE ITS TREND LINE BREAKOUT FEW DAYS BACK RSI IS BETWEEN 20 AND 30 SUPPORTING : EMA 50 LOOKS GOOD FOR THE MARKED TARGET OF 170,185,210++ WITH A STOPLOSS OF 135(PURELY ON BASIS OF CLOSING) NOTE : TARGETS ARE PURELY ON THE BASIS OF FIB RETRACEMENT TOOLS IDEA IS FOR STUDY PURPOSES ONLY , CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING RISK.
Nifty we can avoid treading between both key zone 1. long only after key zone at upside breaks 2. Short only after trend line and key zone break
1. Long from key level is good opportunity 2. Short only below key levels and Trend line support breakout
Ecpected Upmove with support of EMA 50 RSI<80 Heavy Volume Breakout Entry above 49.80 Target - 52,55,60++ SL - 44 (Purely on closing basis)
TORNTPOWER > Hourly Chart > Very good Volume > BO done > Retest Done > CMP 450.60. Good to enter till 444. > Suport 423 on closing basis > May go 478, 513 Dtd : 23rd May TheCharts Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading...
Good long above 2330 with a stop loss of 8%.
1.We can go for long from key level 2. If yester day high breakdown we can short for target of weekly support other scenarios marked in chart
Buy now. Keep SL near Current Weak Low on Closing Basis
HINDPETRO has broken its long time zone and it can give pretty good targets which are mentioned in the chart alongside the stoploss.
BREAKOUT IN INDIACEM , LOOKS GOOD ENTRY above 200 with an stop loss 174 (only on closing basis) Target - 215,224++ RSI and Volumes looking good
PGIL has heavy volume breakout Looking good for long positions Entry above - todays high Sl and Target are marked in the chart
Flex Foods Ltd. trying to enter its older channel closing above 85 can lead into 100 ,120,140+
Borosil Renewables Ltd SHOWING STRENGTH CLOSING ABOVE 300 LEAD TO 320,350.400+
Borosil Renewables Ltd SHOWING STRENGTH CLOSING ABOVE 300 LEAD TO 320,350.400+
It has formed a nice bottom.MACD indicator also shows bullish crossover signal below zero line and histogram has started to go green.
Tata Motor is trying to make cup with handle pattern Closing above 327 will give first indication for breakout Already missed the buying indicator between 309 to 316. Once it crosses 338, it may blast
ENTRY,EXIT,TARGET AS PER CHART. ENTER AT YOUR OWN RISK AND USING PERSONAL RISK MANAGEMENT. CAN USE IN CASH MARKET OR BY SELLING 1400 PE OPTION.