Positional
TATA CHEMICAL -- POSITIONAL -- MAY 2022TATA CHEMICAL - POSITIONAL PICK -- MAY 2022
DAILY CHART Bullish Technical indicators
1. Resistance line breakout seen on Daily chart around 1015-1020 level
2. Trendline Breakout seen around 1000 level
3. stock currently trading at 1032 level BUY level Between 1015-1030 can be placed with stop loss 950 and target 1075-1150 + IN short term position 1-2 month time period
4. WAVE TREND seen bullish
5.DAILY RSI seen BULLISH at 61.3 which can be continue bullish momentum in next sessions.
6. MACD ABOVE center and signal line
7. Above 20,50,100,200 SMA
8 overall technical indicators are strongly bullish at present .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. ** TRADE AT OWN RISK !
HAPPY TRADING !!
GOKEX For long term
#GOKEX
Gokaldas exports
Added for long term portfolio.
Having reputed customers like customers like GAP, Walmart, JCPenny, Adidas, H&M, Mark Spencer, Sanmar, Puma, Old Navy
Past 3 quarters have been good.
This qtr nearly doubled.
Although, Today and prev trade day candle have shown too much strech, hence, better to add light position.
Also, broader marked seems to be overall weak.
So adding pilot position for long term WITH SL AT 390 DCB,
will add more in consolidation or retracement to demand area 330~340.
#vr
Banknifty Long | Bull Put Spread | We can go Long in Banknifty here deploying Far OTM Bull Put Spread just to collect premium, I do not see Banknifty closing this week's expiry 5th May Expiry below 36200, so we can go positionally long for this expiry with Bull Put Spread .
A very good trade opportunity!
Bull Put Spread
Risk Takers: 36200 PE Short - 35700 PE Long
Safe Players; 35900 PE Short- 35400 PE Long
ALOK INDUSTRIES -- POSITIONAL -- MARCH 2022ALOK INDUSTRIES -- positional pick on march 2022 ..
1> stock taken support on Daily Chart consecutive 4th time ..on chart seen up 4th up arrow around 21-22 is strong support area from where stock bounce back last 2 sessions.
2> RSI seen double bottom formation at support area
3> Potential upside is 20.30% FROM CMP@23.85 TARGET 27-30-32 with stop loss 20 Risk reward ratio is very good from this level
4> Good volume seen at support level
BUY ALOK INDUSTRIES @ 23.85
TARGET 27-30-32
STOP LOSS 20
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** TRADE AT OWN RISK !!
** Historical data seen fear is best opportunity to get highest return in stock market .!!
HAPPY TRADING. !!
Nifty Long Position-ally Nifty Long Postionally between 16750-16650 with SL 16500
Target 17600
R:R 1:6
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Following channel pattern in Weekly timframePCBL following Channel pattern in weekly timeframe
Recent volume spike and stock split increased investors and swing traders.
Today PCBL result will be annnounced.
If it breaks resistance it may touch 150+.
Keep this stock in your radar
Happy investing!
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
KOTAKBANK | Reversal inside the channel - Looks potential 25-30%KOTAKBANK | Reversal inside the channel - Looks potential for 25-30%
CMP : 1795 (Dip : 1730)
SL : 1600
Target : 2200, 2300 (Channel top)
1:4 risk reward setup
(P.S : Weekly time frame, may take time to perform. But stable stock worth holding)
INDUSIND BANK - POSITIONAL INDUSIND BANK -- WEEKLY CHART .
1. Trendline Breakout seen on weekly chart with strong bullish weekly candle
2. Double bottom support seen on chart before breakout
3. stock currently trading at 985 , at 995 level short term resistance above 1000 bullish .
4. wait for bullish crossover at 0 line likely happn soon above 1000 level
5 RSI Daily at above 60 strong bullish
6. MACD above signal and center line
BUY INDUSIND BANK above 1000
TARGET 1100-1250
STOP LOSS 790
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk ** comment for or agianst idea welcome
** HAPPY TRADING !