Positional
Godrej Property - Positional SetupThe chart is self-explanatory. If stock gives a breakout above 1225, and sustains above can see the levels of 1300/1400.
MACD crossover is likely to take place.
Exit the setup if the price goes below 1120 levels on a closing basis for a couple of days.
Only for learning & sharing purposes, not a bit of trading advice.
Please share your views.
All the best.
ASHOK LEYLAND --POSITIONALASHOK LEYLAND ---POSITIONAL --DAILY CHART SETUP
1. ASHOK LEYLAND seen double bottom formation on daily chart around 140 level recently .
2. stock fall from overbought level 170 to 140 at bottom and daily chart seen doji trend reversal candle at oversold level following green bullush candle at last closing session, which is possible trend reversal from oversold level
3. trix line seen at oversold level at present.
4. one can buy at current level 145-148 for positional target 155-160-170 ( 1 Month ) stop loss 130
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk. !!
HAPPY TRADING .!!
LAURUSLABS, best pharmaceutical stock to buy for long term.Hello traders,
been a long time since I had posted any ideas, was busy.
will be posting few good ideas here for positional/long term.
As we all must know about LAURUSLABS, its a very good fundamental company.
but since around 6-7 months, we haven't seen a good move in this.
as overvalued stocks need to cool down somehow, and rally can't continue further,
somewhere dip has to come.
it has been consolidating around this support for a long time, and its finally at the support zone.
its a good chance to buy this stock and pharmaceutical sector is going pretty good.
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,
Aniket.
keep learning and keep earning.
VINATI ORGANICS --POSITIONAL VINATI ORGANICS --POSITIONAL -- DAILY CHART --SETUP
1. VINATI ORGANICS seen daily chart at trading upper channel
2. stock seen following Support at supportive trendline consecutively,
3. Resistnece breakout seen above 2100 LEVEL on daily chart
4. trix line seen at oversold level double bottom support and bullish crossover seen at this line , short to mid term bullish indicator
5. trendline breakout seen at same level
6. this quarter result look very good growth on revenue and profit margin too,
7. one can initiate buy above resistance breakout line 2100 for positional target 2150-2200-2300 ( 1-2 month ) stop loss bellow trendline support 1850
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own Risk !
HAPPY TRADING .!1
ADANI PORT - POSITIONAL ADANI PORT -- DAILY CHART -- POSITIONAL
1. stock on daily chart seen trendline support level last closing candle
2. at trendline support combination of hammer and doji candle seen which is sign of trend reversal from current level
3. trix line shows at near oversold line also indicate possible bounce back from oversold level
4. current trendline support is near previous breakout level also indicate strong support at current level 780-800
5 . one can initaite BUY at 790-800 for positional trade target 825-850-900 + ( 1 month ) stop loss 750
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk .!!
HAPPY TRADING ,!
PVR - Bounced backThe stock has already given a reversal from multiple supports, as you can see on the charts. If there is some retracement, there will be a good price to enter into a long position. With a favorable risk-reward ratio.
If sustains above the levels of 1700, may go to 1850/2060.
Sustaining below 1660 for a couple of days will show weakness on the charts.
Trade wisely every time, with patience & maintaining your risk.
Only for learning and sharing purposes, not any kind of trading advice.
All the best.
PVR | Simple trendline breakout - Looks potential for 20%PVR | Simple trendline breakout - Looks potential for 20%
CMP : 1830 (Dip : 1800)
SL : 1700
Target : 2200
1:4+ risk reward setup
Indiamart - Positional SetupIndiamart is trading within a parallel channel for three months. Now it is at the bottom of the channel.
If reverses from here, can go to the levels of 4630/4730 or even more,
The entry area is as low as near 4350,
Exit the position if closes below 4430 for a couple of days. (Will go weak below these levels).
Or according to your risk management (Always Preferred).
Only for learning & sharing purposes, not any kind of trading advice.
Please share your views.
Best of luck.