IRB ON BREAKOUT #irb
Will be adding irb infra with SL of 240
If hourly closes above 263
Or on retest of TL.
#vr
Positional
Naukri looks good for accumulation with a small SLNaukri looks good for accumulation with a small SL. Levels marked.
Rategain Looks good#RATEGAIN
Utilize the dips to add this stock for positional.
Keep sl of 280 and respect it.
#vr
IDBI High risk bet
#IDBI
IDBI Bank
TOO RISKY
TOO TOO RISKY
But tempted to add it in parts with SL of 45 on WCB.
Not a short term play.
#vr
ITDC on verge of breakout
#ITDC
On verge of breakout after long long time.
Will wait for daily candle tomorrow and enter based on the momentum.
Keep on your tracking list.
#vr
INDOBORAX | Looks good to average againINDOBORAX | Looks good to average again
CMP : 148 (Dip : 138)
SL : 130
HPL | Strong breakout - Looks potential for 55%HPL | Strong breakout - Looks potential for 55%
CMP : 98 (Dip : 90, 85)
SL : 80
Target : 155
1:5+ risk reward setup
JUBLFOOD--POSITIONAL jUBLFOOD-- POSITIONAL --DAILY CHART --SETUP
1. JUBLFOOD seen daily chart trading at upper channel currently
2. Lower low of upper channel support seen at last closing daily candle
3. Stock likely pullback from this level from oversold line .
4. QQE mode also seen pullback bar as selling decrees at last red bar
5. one can initiate BUY at current level 555 above for target 575- 600 - 625 stop loss 525 bellow trendline of upper channel
6. risk to reward 1:3 from current level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk, !!
** SUGGETIONS AND COMMENTS ARE WELCOME .!!
HAPPY TRADING . !!
Adani Ent weekly chart: SELLNSE:ADANIENT weekly chart forming double top bearish pattern along with relative strength comparison. On candlesticks weekly forming evening star on second top.
BPCL --POSITIONAL BPCL --POSITIONAL --WEEKLY CHART
1.BPCL seen on chart breakdown from 480 level to 300 SUB level last few months ,
2. Rounded Bottom chart pattern seen on chart , where bottom form around 290-300 level .
3. Weekly trendline seen breakout above 320 level
4. RSI seen pullback from oversold level on weekly RSI above WMA at present bullish.
5. Weekly RSI positive divergence also seen on chart
6. one can initiate BUY 315-318 and above for positional target 325-350-380 ( 1-2 ) month stop loss below strong support level at 275
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..TRADE AT OWN RISK ..
** suggetions and comment are welcome .!!
HAPPY TRADING . !!
Pudumjee gave strong breakout#pudumjee
Breakout and retest done
Will go long wish sl of 46
Safe avoid to trade as sl is big.
Also results effect will be there.
#vr
SRF Positional Long SetupSRF can give good upside breakout above 2657 - 2677 levels.
can move towards upper FIBO LEVELS in coming days. Targets and SL mentioned in the chart.
ORIENTELEC | Trendline breakout with good room to rally - 40%ORIENTELEC | Trendline breakout with good room to rally - Looks good for 40%
CMP : 275
SL : 250
Target : 350, 390
1:3+ risk reward setup for 1st target (30%)
Healthcare global breakout #healthcare
#healthcareglobal
Healthcare global gave good breakout
Looks good to go long with sl of 290.
#vr
TFCILTD | Yet another breakout with doubling opportunityTFCILTD | Yet another breakout with doubling opportunity
CMP : 81
SL : 68
Target : 170
KOKUYOCMLN | Excellent breakout with doubling opportunityKOKUYOCMLN | Excellent breakout with doubling opportunity
CMP : 83 (Dip : 75)
SL : 65
Target : 150
Mahindra CIE - Looking goodThe stock is taking support near a major monthly Demand zone and looks good for accumulation as well as a quick swing trade.
HUDCO - Longterm trendline breakout with Big VolumeHUDCO - Longterm trendline breakout with Big Volume. Levels marked.
EQUITASBNK | Good trendline breakout with volume - 30% potentialEQUITASBNK | Good trendline breakout with volume - Looks good for 30%
CMP : 53 (Dip : 50)
SL : 48
Target : 70
1:4+ risk reward setup
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
