JUBLFOOD --- POSITIONAL TRADEJUBLFOOD - 1 hour chart - Positional trade.
1. Pullback seen from oversold level around 560 where double bottom formation also seen on chart
2. trend reversal doji candle form at double bottom level where uptrend seen on chart
3. Trendline breakout seen at hourly chart at last hourly candle
4. sqzmom indicator seen reversal from oversol at blue line
5. WMA RSI -- RSI seen up move and if cross wma Then uptrend confirm
6. support form at 570-575 Level which is buy level and target 1- 600, target 2- 620 , stop loss bellow doji candle low 555
Positional trade (8-15) days
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !
HAPPY TRADING. !!
Positional
BULLISH on Hitachi Energy (Positional)NSE:POWERINDIA
There is a triangle pattern in Hitachi Energy. If the price breakout from 3650 levels then it is bullish. The price is trading above moving averages which is showing bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. If the price breakout from the triangle pattern the SL level will be 3200 and the target will be 4550. This is a positional view from 1 month to 6 month.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a Tip.
Mahindra cie strong resistance area#mahindracie
Mahindra cie auto
Close to 14 years resistance breakout area.
Keep and eye and enter on breakout.
#vr
Info Edge - Long SetupInfo Edge has taken support again from a long-term trendline and shown a bounce back. If momentum continues it may go 4280/4390/4580.
All levels are mentioned on the charts. Exit any position in accordance with your risk management.
Only for learning and sharing purposes, not a bit of trading advice.
All the best.
Gujarat Gas Ltd for positional trade with good risk and rewardI am sharing chart of Gujarat Gas,
The chart is on weekly time frame.
For positional trading we can consider this stock for a target of 563
with a strict SL of 470 (on weekly closing basis).
Risk is of just 20 points and reward is around 70 point.
I have used XABCD pattern to identify the possible next swing or you can say target.
The stock is trading above point B and it should reach point D which is at 563.20.
PVR - Positional SetupThe stock has shown a bounce-back in recent trading sessions. If momentum continues it may move further. Try to buy as near as 1830 if comes there. If closes below 1820 for a couple of days, then it may go weak.
Only for learning and sharing purposes, not a trading recommendation.
In any strategy or trading setup, the most important thing to keep in mind is risk management.
The thing that will help you to sustain in the market in coming times .
Wish you good luck.
Voltas - Long SetupThe stock is trading in a range for the last 4 months. if gives a breakout at 1065, and sustains above, then may go to 1250 levels or more. Sustaining below 950 will show weakness on the charts.
only for learning and sharing purposes, not a bit of trading advice.
please share your views with comments.
All the best.