I 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...
Stock is in monthly demand zone. Good volume build up over last few weeks. It should give a good upmove now
Technical and fundamental of Dhunseri Ventures Ltd looks good , todays closing is important , if closes above 215, can expect good move in mid term may be in 6 to 12 months. PE 6.44 EPS 33.21 Please do your own analysis before take a trade
The 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...
MSUMI | Simple flag breakout - Looks good to capture 20-30% CMP : 83 (Dip : 80) SL : 86 Target : Based on pole length, can expect 20-30% in short term (or) Minimum hold until 1:3 risk reward
KOVAI (KMCH) | Trendline breakout + 200 EMA support - Looks potential for 20% CMP : 1587 (Dip : 1550) SL : 1470 Target : 1870 1:3+ risk reward setup P.S : Stable stock, but average daily volume is very low
The 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.
GREENPLY | Healthy Breakout in Daily time frame - Looks potential for 18-20% in short term CMP : 190 (Dip : 185) SL : 175 Target : 225 1:3 risk reward setup
Buy Jyoti Lab above 186.50 Stop Loss - 168 Target - 220 Momentum Breakout Inverse Head and Shoulders Monthly RSI above 60 RSI Trendline Breakout
NITINSPIN | Trendline + Small resistance breakout - Looks potential for 20-25% in short term CMP : 220 SL : 210 Target : 270 1:5 risk reward setup
JAYBARMARU | Channel breakout + Decent demand zone - Looks potential for 40% CMP : 180 (Dip : 170) SL : 150 Target : 245, 330 Almost 1:4 risk reward setup (First target)
The stock trading at crucial level if its break the resistance 322 EOD Then we can initiate a good move in this stock wait for clossing EOD If stock breaks the level then it is good stock to buy for both time frame DTW & WTW Always follow Your R:R Ratio HAPPY TRADING
PRESTIGE | Trendline breakout - Looks potential for 18% CMP : 483 SL : 460 Target : 560 Almost 1:4 risk reward setup
Tracking it since very long. There are two patterns which are visible on chart first one is cup and handle and secondly round bottom. I'm expecting it to give CNH breakout and and complete round bottom as it's target. Targets are marked. My SL will be 1100 DCB. Views personal. I Can go wrong. Not a trading recommendation. DYOR#stockmarketeducation #marketnews...
NSE:ELGIEQUIP There is Cup and Handle pattern in this stock. The has already given the breakout and is sustaining above the support level. The prices are trading above the Moving averages which shows Bullishness. The RSI is above 50 which shows good momentum. There is also a good volume in the past trading sessions. The Target here is 683 level which the depth...
ALLCARGO | Yet another channel breakout - Looks good bet for 40% CMP : 358 SL : 330 Target : 500 1:5 risk reward setup
KIRLOSENG | Channel breakout - Looks potential for 30% CMP : 177 (Dip : 170) SL : 155 Target : 220 1:4 risk reward setup
NSE:DEEPAKNTR According to my Analysis, Deepak Nitrite looks bullish for Positional trade i.e. from 1 to 6 months. The prices are trading above the Moving Averages which shows bullishness. The MACD indicator is bullish as the MACD line is above the Signal Line. The RSI indicator is above 50 levels which shows the strong momentum. SL : 1948.20 Target 1 :...