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.
Positional
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
ZOMATO | Looks bottom is made ?ZOMATO | Looks bottom is made ?
->Loss minimized drastically
->Looks like the company is turning positive in EPS (QOQ)
Trying a bottom fishing for a very small money (Investment perspective)
#nal trade idea kindly see the levels marked on the chart and see the logic behind the trade
this is only for educational purpose
Hindustan foods breakout #hindustanfoods
Strong
Super strong move after 21 month's
Any pullback to be added with sl of 490
#vr
Ingersoll ready for second move #ingersoll
Ingersoll Rand looks good for adding with sl of 6%.
Will average up my position from last addition at 1830
#vr
Gillanders breakout #gillanders
Looks good with a strong breakout, but RR is not favourable
So will wait for dips to add in parts.
Keep on watchlist.!!
#vr
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.
RAJESHEXPO | Simple breakout - Looks potential for 25-40%RAJESHEXPO | Simple breakout - Looks potential for 25-40%
CMP : 648 (Dip : 635)
SL : 585
Target : 785, 875
1:3+ risk reward setup for 1st target
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 .!!
