Positional
RCF Breaking out of multiyear resistance#RCF
RCF Looks too strong on Weekly time frame.
It is approaching to break strong TL resistance since 2010.
On weekly time frame it has come out of strong supply zone after a year.
Risk takers can make and entry at current levels and add till 88 levels. keeping sl of 78 on WCB.
Safe ones can wait for clear breakout and then make entry.
#vr
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalVIDHI SPECIALITY
Stock Continuously trading in Uptrend Channel
Showing bullish trend
Buy above last day high ie 465 levels for
positional targets of 500 / 550 / 580 levels
Keep SL of 390 on closing basis
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalPI INDUSTRIES
Stock taking support at trendline 4 times and also formed double bottom base pattern
Now Stock trading again at trendline resistance levels with support from 200DMA
Buy above 2860 levels for positional targets of 2950/3000/3030 levels
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Reliance IndustriesCurrently trading at 13% discount from all time high levels.
Reliance (TF=W) :
1. Stock has always respected 50 Weekly Exponential Moving Average
2. Constantly making the structure of HH and HL. Currently made Equal Low.
3. Negative Crossover of 5 and 13 Weekly Exponential Moving Average
Reliance (TF=D) :
1. It has made very strong bullish candles on Support with very good volumes
2. Negative Crossover of 5, 13 Days Exponential Moving Average
3. Currently at good levels for Long term investment. For positional trade, need to wait for some retracement to enter.
Additional Points:
1. Mutual Funds have increased holdings from 4.60% to 4.82% in Dec 2021 qtr.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJUBILANT INGREVIA LTD
Company is almost debt free.
Buy above 530 for positional targets of 570/600/635
In 6-12 months timeline. Ultimate target upto 750/ 830
Keep safe SL of 400
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
ZEELEARN -- POSITIONAL -- MARCH 2022ZEE LEARN WEEKLY Chart shown technical indication bullish from current cmp 12.85
1.>Strong trend-line support seen at 12.12.85 level for potential 20.30 % target 17-80-20 level,
breakout above 20 can seen level 24-28
2> Support and resistance define on chart buy arrow marker
3> rsi seen OVERSOLD area where stock has tendency to bounce back .
BUY ZEE LEARN @ 12.85
TARGET - 16-18-20
STOP LOSS 9
** IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk !
HAPPY TRADING !!
Suven looks ready to breakout#suvenpharma
Looks good on charts.
waiting for breakout confirmation on smaller time frame
Volumes are huge.
Candle structure looks confident.
#vr
DELTACORP | Simple channel breakout - Looks potential for 15-20%DELTACORP | Simple channel breakout - Looks potential for 15-20%
CMP : 305
SL : 290
Target : 348, 370
1:4+ risk reward setup for 2nd target.
First target is calculated based on Fib
This stock is my fav, have given good wealth to us in the part. Reference charts attached in the post.
Long on #bhartiairtelTook trade on bhartiairtel before breakout, based on conviction. BUt here is the analysis for those who want technucals.
Channel breakout in 1 day time frame and retesting the trend line. Moreover MACD is given positive crossover, however there is no huge volume. Target and Stoploss are mentioned in the pic.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJK PAPER LTD
With recent movement in paper sector, JK paper give breakout
But rejection from trendline resistance at levels of 305-310
Good to buy if stock corrected to levels upto 285 levels
for positional targets of 325 to 375 levels
Keep SL of 270 DCB
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalRELIANCE INDUSTRIES
On a daily chart trendline breakout & resistance, level breakout are seen with volume
After breakout, it may correct before further Up side move
Can buy positionally at CMP or above 2500 for short term targets of 2550/2600++
Keep SL of 2450 for short term on daily closing basis.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade