PEL | Trendline + RSI breakout - Trying to capture 22% (Fib)PEL | Trendline + RSI breakout - Trying to capture 22% (Fib)
CMP : 2775 (Dip : 2700)
SL : 2550
Target : 3430
1:4 risk reward setup
Positional
PEL | Falling wedge + Trendline support - Potential for 20%PEL | Falling wedge + Trendline support - Potential for 20%
CMP : 2400 (Dip : 2300)
SL : 2200
Target : 2600, 2900
1:3 risk reward setup
JYOTHYLAB | Looks potential for 25-30% JYOTHYLAB | Looks potential for 25-30%
CMP : 190 (Dip : 180)
SL : 170
Target : 235
1:4 risk reward setup
Weekly time frame chart - safe players keep in watch list and take the entry after seeing the Weekly candle close.
PDMJEPAPER | Channel breakout - Potential for 25-40%PDMJEPAPER | Channel breakout - Potential for 25-40%
CMP : 45
SL : 40
Target : 58
Almost 1:3 risk reward setup (Based on Fib)
Breakout of weekly chart in Apollotyre The stock has successfully given the breakout of its important resistance.
The stock is ready for the bullish move, it will test the levels of the previous high of 307.
If the price holds the levels of 307 then it will potentially show the levels of 320.
Good for cash and futures.
Points of Analysis
During correction of 80 weeks four exponential moving averages of 20,50,100,200 periods come close.
The stock has given the breakout of the neckline of the Double Bottom pattern.
A successful breakout of important resistance.
Futures
Lot size - 3500
Margin required - Rs 1,85,267.26 approx (zerodha)
Stoploss
Place a strict stoploss according to your trading style.
DRREDDY DRREDDY forms channel pattern and retest a bottom of a trend line
looking good for swing and positional trade
DAAWAT | Cup & Handle setup - Potential for 20-25%DAAWAT | Cup & Handle setup - Yet another opportunity in this counter for 20-25%
CMP : 98 (Dip : 95)
SL : 85
Target : 120
Almost 1:3 risk reward setup
BEPL | Excellent area of value - Weekly chart also attachedBEPL | Excellent setup - Short term looks 20-30%
CMP : 124 (Dip : 120)
SL : 115
Target : 145, 155
1:4 risk reward setup for first target
Weekly chart looks potential for 70% - I'm visualizing Cup & Handle making, reversing from 200 EMA + Fib + Strong demand zone
PENIND | Channel breakout - Looks potential for 25-40%PENIND | Channel breakout - Looks potential for 25-40%
CMP : 43 (Dip : 40)
SL : 36
Target : 50, 57
Second target calculated based on Fib extension
SHAKTIPUMP | Excellent area of value - 200 EMA + Demand zoneSHAKTIPUMP | Excellent area of value - 200 EMA + Demand zone
CMP : 490 (Dip : 460)
SL : 410
Target : 860
Very good valuation at this price.
ADANI GREENLooks like adani green have CNH breakout.
Will trade with strict stop loss.
Targets and stop loss mentioned on charts. 😇
Enjoy.
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
VTL | Swing High + Higher high setup - Potential for 30%VTL | Swing High + Higher high setup - Potential for 30%
CMP : 334 (Dip : 325)
SL : 295
Target : 430, 560
1:3+ risk reward setup for 1st target
BAJAJELEC | Looks potential for another 30%BAJAJELEC | Trendline + Flag breakout - Looks potential for another 30%
CMP : 1226 (Dip : 1170)
SL : 1080
Target : 1360, 1500
1:4 risk reward setup for second target
HCLTECH | INHS Formation + RSI breakout -Looks potential for 16%HCLTECH | INHS Formation + RSI breakout - Looks potential for 16%
CMP : 1170
SL : 1120
Target : 1360
Almost 1:4 risk reward setup
HCLTECH | Trendline + Flag breakout - Potential for 12%HCLTECH | Trendline + Flag breakout - Potential for 12%
CMP : 980 (Dip : 960)
SL : 940
Target : 1090
1:3 risk reward setup
NTPCIHNS in daily chart .
Will enter if DCB is above yellow line.
SL will below 155 DCB
Views personal.
I Can go wrong.
Not a trading recommendation.
DYOR
ICICIGI |INHS + Trendline breakout - Looks potential for 15-30%ICICIGI |INHS + Trendline breakout - Looks potential for 15-30%
CMP : 1296 (Dip : 1260)
SL : 1200
Target : 1460, 1650
1:3 risk reward setup for first target (From dip)
TCI strong long candidate on pullback #TCI
A strong candidate for long positon.
Will wait for a pull back and start adding on dips till 720 with SL of 715 on DCB.
#VR
INDOBORAX | Simple triangle breakout - Looks potential for 25%INDOBORAX | Simple triangle breakout - Looks potential for 25%
CMP : 138 (Dip : 130)
SL : 115
Target : 175
1:4 risk reward setup
GSPL | Trendline breakout - Looks potential for 30%GSPL | Trendline breakout - Looks potential for 30%
CMP : 246
SL : 230
Target : 320
1:4 risk reward setup
MHRIL | Trendline breakout - Looks potential for 15%MHRIL | Trendline breakout - Looks potential for 15%
CMP : 227
SL : 215
Target : 260
Almsot 1:3 risk reward setup
