DRREDDY DRREDDY forms channel pattern and retest a bottom of a trend line
looking good for swing and positional trade
Positional
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
Prestige Estates Projects Ltd - Breakout AnalysisEnter the trade only if it breaches the previous rejection zone.
Follow me for more analysis
Indraprastha Gas ltd. Breakout analysisBreakout was observed in the trendline where multiple Rejections have been seen.
Follow me for more analysis
ELGIEQUIP | Cup & Handle Setup - Looks good for 20% short termELGIEQUIP | Cup & Handle Setup - Looks good for 20% short term
CMP : 445 (Dip : 420)
SL : 395
Target : 530 (Based on fib)
1:3+ risk reward setup
Embassy RR - Rising Up in the Channel - Positional LongEmbassy RR is giving a beautiful trade - it is moving strictly within the rising channel and should be a confident trade from here on
Buy at CMP of 375, Target of 405, SL 353.
RR: 2
this scrip always sees a fast long unwinding once it hit the upper channel and therefore recommend putting GTC Trades
CRISIL | Trendline breakout inside the channel - Potential 20%CRISIL | Trendline breakout inside the channel - Looks Potential 20%
CMP : 3355 (Dip : 3200)
SL : 3080
Target : 3850, 3950
Almost 1:3 risk reward setup
