Positional
CENTURYPLY | Triangle breakout - Looks potential for 20-25%CENTURYPLY | Triangle breakout - Looks potential for 20-25%
CMP : 657 (Dip : 640)
SL : 610
Target : 815
1:3 risk reward setup
Been long time since posted chart, the reason is i was bearish on over all market. Now picking some stocks based on volume convictions.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJINDAL STEEL & POWER
Chart in uptrend and broke important resistance level of 350
Stock after breakout consolidating in a range & bounced from 61% fib level
Also Flag pattern formation on chart
if sustains above 500 then we can buy for short term trade with sl below 450 DCB
target 600, 750
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE:
In case of Gapup or Gap down then avoid setup
Do your own analysis before taking trade
Above levels are for education purpose only
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalDALMIA BHARAT SUGAR
Stock trading in a range from past 9months after ATH levels.
Recent Volumes are also favorable for stock to buy
If sustain above 490-500 levels then will go easily ATH levels of 520
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJUBILANT FOOD WORKS
Jubilant FoodWorks has corrected 45% from its top & also market overreacted for its CEO's resignation. Also stock valuation corrected by this.
Stock supported at fib level on the weekly chart can be seen an upside move from these levels.
Can be good to add at 2500 levels or will be safe to add if it corrected to 2300 levels
So buy and hold positionally
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalStock Recently corrected very much and holding 4200 levels, which looks good support
Company is expected to give good quarter
Positional Bet to enter above 4400 levels with SL of 4200 for 10-20% upside move.
For targets of 4550-4750 to upto 5000 levels
Can be hold positionally for ATH levels in nxt 6-8months
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
SRF- Short term BuyGoing to be a Buy soon.
Posting in advance for ample time to enter the trade.
Simple Harmonics.
TGT1/ TGT2 as marked.
SL can be a little lower than marked. (atleast try keeping a 1:2 Risk reward).
Disclaimer: These are my VIEWS only. Donot enter blindly. Analyze and if you agree then only enter pls.
Note this is a short term/ positional trade.
I will be entering in futures. I discourage options for this particular trade, however, its only my suggestion.
I will be entering and may not be able to post on time when entered. Order has been kept as marked. (Relatively in future chart)
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalASTRAL LTD
Good trendline support and forming W pattern.
Good be a good bet to enter above 1950 levels for target of 2030 to 2100++
Also check fib levels
Refer Chart for levels
Note:
Above levels for education purposes only.
Do you own analysis before taking your trade.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalLARSEN & TOUBRO INFOTECH
Today closed strongly above its strong resistance zone & above all EMA.
Looks positionally good above levels 6500 & add more above levels 6600
keep short term target of 6800/ 6980 to up to 7000/7200/7500 for long term
keep SL below 6200 on closing basis for short term
Note:
Above levels are for education purposes only.
Do your own analysis before taking any trade.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBALRAMPUR CHINI
Recent news favorable for Sugar Indus....
Balrampur Chini Mills down by only -0.07% v/s NIFTY 50 down by -7.85% in last 1 month
At CMP one can be enter or safe entry will be above 450 levels
SL will be 425 levels on a Closing basis for a target of 420/500 levls minimum.
Note:
Above levels for Education purposes only
Do your own analysis before taking any trade.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBHARAT ELECTRONICS
Stock good support at around 190 levels & also stock up by 6.01% v/s NIFTY 50 down by -7.85% in last 1 month
With recent global news like sanctions on Russia and China has increased defense budget and India must follow all these must suit BEL, should raise on more orders.
Save bet to enter if it breaks the trend line just above 215/220 levels
With SL of 205 for short term and 195 for long term play.
Target will be 225-230-240
Buy for investment purpose for 25% return in near term or more
Note:
Above levels for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalMAITHAN ALLOYS LTD
good support at 930 levels, trading in a range for almost 9months now.
Would be a safe bet to enter if it breaks 1250/60 levels
Keep positional view hold for 6months to 2years
Stock has the capability to 2x-4x from here very short term target will be around 1310 / 1400
For the short term keep SL of 1050 and for long term keep SL of 1000/950 levels
Alloys supplies from Ukraine and the Russian region are stopped completely. India alloy companies are benefitting. Prices going up in international markets.
Maithan Alloys has made 300 crs net profit in last quarter, they used to earn 250 crs average net profit annually earlier.
Maithan Alloys will have above 1000 crs cash on the Balance sheet by FY end. Market Cap is 3300 crs
Note:
Above levels are for education purposes only.
Use your own analysis before taking any trade.
Banknifty levels for short if war escalates furtherNSE:BANKNIFTY accoding fib extention if break 34000 lvel we ll see 33500 to 32900 level in coming week..if we further break 32400 level we ll head towards 30700 which is ultimate stop for march end to mid april . we area now below 200 SMA which negative sign...view is negated above monthly R1 level. its for educational purpose n plse consult your FA.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalLTTS
The company is almost debt-free & a good return on equity.
Recently Good correction was seen in this stock
And now Breakout on hourly time frame.
Can be a safe bet at levels 4530/50 for a short term target of 4610/4700/5000/5200
With SL of 4510 for the short term and 4300 for the long term.
Also, the stock is trading at a discounted price and if Nifty Supports then it will give a good return, so can be added to the portfolio.
Note:
Above levels for Education purposes only.
Follow Risk management and do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalVEDANTA give trend line breakout and now testing its Resistance level
Earlier also after the breakout, it test its resistance level and pulled back to support levels, and bounced back.
So the chance of breakout this time.
Save entry will be above 385 levels on a closing basis if gap up then wait for a retracement and then enter.
Can look for targets of 400-420-450, with SL of 340-320.
Note:
Above levels for Education purposes only.
Do your own analysis before taking any trade.
Also in the current volatility situation in the market, Trade with less quantity as the market is still uncertain.