*for educational purpose only. Daily and weekly RSI is above 60. Stock has potential to reach 150-160 levels soon.
Reason for taking this trade: 1. BHEL is making Higher High 2. RSI is coming back from Overbought and taking support at 50 level. 3. With Buy around 122 and a target of 150 4. With Stop loss of 117 or we can wait till 112. 5. Volume: For this correction volume is less compared to the move. Note: Only for Education Purpose.
NSE:IPCALAB , trading close to its 52-week high, ended the last session at INR 935.65, marking a 1.27% uptick . The stock currently sports a P/E ratio of 4.73 and a basic EPS of 19.36 with an average volume of 713.623K. The closing signal, as indicated by the Parabolic SAR, leans bullish. In light of the positive volume build-up observed over...
KPIT Tech Cmp 1087 dated 26-9-2023 1. Bullish Engulfing Candle @ support 2. RSI Divergence Buy above 1095 target 1110-1125-1145-1155-1170 1185 SL 1035 It is just a view, please trade at your own risk.
Why NYKAA Looks Good? In the recent price action, we have observed a notable bullish trend as the price has surpassed the level it was trading at 10 bars ago. This upward momentum indicates a positive market sentiment and suggests the potential for further price increases. Furthermore, we have also noticed a significant development in the price crossing...
Hi All - good opportunity to go long for swing trade for HINDUNILVR. Key Highlights: 1. Bouncing off support 2. Good strength 3. Good risk and reward
📆 Recommendation on NSE:SBILIFE for the week starting 4th September 2023 📊 Current Status: Closing Price: ₹1327.10 📈 52-Week High: ₹1374.00 🏔️ P/E Ratio: 70.36 📊 (High!) Sector: Financials - Life Insurance 💼 📈 Technical Analysis: 1️⃣ Parabolic SAR: Recent buy signal as of 1st Sep '23 👍 2️⃣ Fibonacci Levels: Currently at 0.382; eyeing 0.5 and...
📆 NSE:INFY Recommendation on NSE:INFY for the week starting 4th September 2023 📊 Current Status: Closing Price: ₹1443.85 📈 52-Week Range: High of ₹1672.60 🏔️ P/E Ratio: 24.27 📊 Position: Mid-range of 52-week high and low 🎯 📈 Technical Analysis: 1️⃣ Parabolic SAR: Recent buy signal 👍 2️⃣ Fibonacci Levels: Trending up past 0.618 📈 3️⃣ ...
ABB Cmp 4379 dated 15-9-2023 1. Reversed from support Buy above 4385 tgt 4425-4450-4475-4500-4525 SL 4325 It is just a view, please trade at your own risk.
Hi All - Swing opportunity to go long in Hindustan Zinc. Key Highlights: 1. Consolidating in a range at demand zone and breakout will give good run 2. Good relative strength 3. Good risk and reward
Bank of Baroda Cmp 190.60 dated 1-9-2023 1. Descending Triangle Pattern, Reversed from Support. 2. RSI on verge of BO Buy above 192 target 195-200-203-206-208 SL 188 It is just a view, please trade at your own risk.
Bandhan Bank Cmp 243.40 dated 8-9-2023 1. Ascending Triangle BO @ 246 2. RSI already done BO Buy above 246 target 250-255-260-270-280 SL 235 It is just a view, please trade at your own risk.
Short below 269 SL: 285 Target: 243 The reason behind the trade Shooting star formation Negative divergence on daily Trend based fibonacci resistance level
Jub Food Cmp 533 dated 5-9-2023 1. Rounding Pattern 535 2. Price Rise with Volume rise Buy above 535 target 545-555-570-590 SL 505 Pattern Target 645 SL 490 It is just a view, please trade at your own risk.
CAMS has been in a downtrend from end of 2021. We can see on the chart that the stock is consolidating near a strong support of 2000 level. RSI is forming higher lows which indicate strength of buyers at this level. It looks attractive at CMP for a positional long trade for minimum target of 2300.However, a weekly closing below 2000 levels will have a sharp fall...
Hi All, good opportunity to enter long for short term trade on break out from flag pattern for VMART. Key Points: 1. Formed flag pattern 2. Showing strength on strong volume 3. Good risk and reward
ABB Cmp 4309 dated 4-9-2023 1. Reversed from Support 2. RSI divergence 3. Good RRR Buy above 4315 target 4350-4400-4450-4500 SL 4240 It is just a view, please trade at your own risk.
Grasim Cmp 1785 dated 28-8-2023 1. Reversed from support. 2. RSI reversal Buy above 1788 target 1800-1815-1825-1840-1855 SL 1758 It is just a view, please trade at your own risk.