BOB Positional Long, target 160+ Position Long above 110
• Stock has made new yearly high
• Stock is in formation of Inverse Head and Shoulder pattern on weekly chart and has breached above 110
If stock manages to close above 110 on weekly basis, one can initiate long strictly above 110 levels for the target of 160+ levels with stop of 87 on closing basis.
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Disclaimer :
-Please conduct your thorough research/analysis before doing the trade
-Idea shared is only for educational purpose
-Please trade on your own risk
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Positional
positional trade: watch for 10 year old resistance breakoutbuy above 48 for positional trade
keep stoploss below 38 DCB
target as per range breakout 86 safe side keep 80.
company is not good fundamentally so keep allocation less and not more than 5% of total capital.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
LUX INDUSTRIES SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Lux Industries - Ready for an bullish move.
Price Action Analysis - Lux Industries is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
Lux Industries(2-Feb-2022)
Buy - 2850
Target - 2950, 3065, 3165
SL - 2750
The Finwiser 📈📊
WATERBASE | Trend reversal - Trying to capture 10% WATERBASE | Trend reversal - Trying to capture 10%
CMP : 108
SL : 102
Target : 122
Almost 1:3 risk reward setup
DABUR SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Dabur - Ready for an bullish move.
Price Action Analysis - Dabur is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
DABUR(2-Feb-22)
BUY - 552
Target - 558, 569, 578
SL - 544
The Finwiser 📈📊
COFORGE SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Coforge - Ready for an bullish move.
Price Action Analysis - Coforge is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
Coforge(2-Feb-2022)
Buy - 4840
Target - 4950, 5100, 5300
SL - 4730
The Finwiser 📈📊
NIIT - POSITIONAL --- 2022NIIT LTD ..co was set up 1981, NIIT Is leading skills and talent development corporation, NIIT offers training and development to individuals, enterprises and institutions.
About current technical 15 min chart we can see stock made bottom around 360 level and consolidate 360-380 level for few days. last trading session strong breakout at trendline and consolidation level seen with volume. bullish moving avg cross 20,50 SMA at breakout level seen, and rounded bottom pattern formation to show upword target 440, 480 in short term, from current level one can see positional upside 10-20% IN 1-2 month..
latest Q3 result co posted very good no QOQ Basis Revenue increase 51% as well as Net profit jump 32%
BUY NIITLTD @395
TARGET 1- 440
TARGET 2 - 480
stop loss 355
*** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. please do own anlysis and take call at own risk. !
HAPPY TRADING. !
PSP Projects multiyear breakout#PSP
#PSPPROJECTS
Looks good on daily and weekly charts.
Breaking out after 4 years. 4th attempt in progress.
Volumes are above average.
RISK: Breakout candle is not showing confidence. Having wick from top.
Will wait for a good confirmation.
If day closing is in green, will add partial trading qty.
#vr
INDIABULLS REAL ESTATE --- POSITIONAL PICK - 2022indiabulls real estate select as positional Pick due to bullish sign in chart. ! stock at consolidation last dew days.. triangle pattern breakout as well as consolidation breakout seen on chart ! bullish candle confirmation seen today's closing. stock can follow the uptrend from here to 10-20% upside movement can be seen next 8-10 trading sessions.
>> Triangle Breakout
>> Consolidation Breakout
>> RSI AT mid range.
>> MACD bullish.
>> moving avg crossover 20, 50 SMA
BUY INDIABULLS REAL ESTATE @ CMP@166
TARGET 175-180-185
STOP LOSS 155
** Please do your own study and analysis this idea can help you for same. !
** for or against view about this idea welcome. !!
WISH YOU HAPPY TRADING. !!