watch for trendline and range breakoutbuy above 550 in intraday and positional
stoploss for positional keep below 420
target - 620, 700
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: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Positional
ANGELONE LTD POSITIOANL LONG @ 1180AbngelOne LTD has given a good Head & Shoulder Pattern + 200 MA Breakout with Good Volume ..
One Can buy now @1180 or Can Wait for some genuine Re-Test around 200 MA (1160) and Ones who don't take much risk then take long position ones This stock takes a Re-test & support From 200 MA and then break and Sustain above 1200 level on Hourly Candle closing ..
High Probability Trade.
Low Risk and High Returns (3 to 6 month Holding)
Target 1320++1450++1650++New Yearly High+++++ ...SL 1080 ( Fro ST) // 990 (for LT );;
Before taking any position do your own R&D.
it's just my view and not any Technical Call.
Be Smart & Be Wealthy ;;;
IEX -- POSITIONAL -- 2022IEX.. indian Energy Exchange Ltd. positional stock pick cause of strong bullish technical indicator. stock is high volatile in nature ..but once breakout
gives good momentum upside in few sessions. stock seen hourly chart breakout with good volume . stock seen double bottom formation before breakout at strong support zone and at breakout golden cross over of 3 SMA..20,50,200 clearly seen.
stock from present cmp 265.95 can give 10 to 20% upside move in short term.
TECHNICAL bullish indicators
1. RSI at mid range.
2. MACD above signal and center
3. Golden moving avg crossover
4. Double bottom formation
5. Trendline breakout.
PLEASE DO OWN ANALYSIS THIS IDEA CAN USE EDUCATIONAL PURPOSE..take call at own risk . !!
WISH you happy trading. !
HINDUNILVR Long PositionalHINDUNILVR is trading in Ascending Triangle Pattern giving bullish bias for upcoming days. Pattern will be completed once the price crosses 2420. Break above the resistance line(2420) is our entry trigger with an SL below 2395. The Risk Reward in this trade is high as we are targeting 2500. Setup will be invalidated if the pattern break below the supporting trendline.
IRCTC --- POSITIONAL --- 2022IRCTC select as positional pick due to recent bullish breakout candle seen on Daily chart . IRCTC corrected 1250 sub level . and somewhere around 770 level found bottom support and consolidate few days this levels .. triangle formation on this consolidation last trading session breakout done with good volume .. both triangle and trend-line breakout clearly seen on chart. at buy level cmp 902 stock can give 10-20% upside momentum in short term.
Techncial bullish indicators .
1. triangle and trendline breakout
2. MACD bullish crossover from 0 line
3. RSI at 64 ( 60-80 ) Bullish
4. Trading abobe all SMA 20,50,200
BUY IRCTC @ 902
TARGET 1- 1000 TARGET 2- 1200 ( duration 15-20 Days )
Stop loss 780
* PLEASE DO OWN ANALYSIS.. THIS IDEA CAN HELP YOU FOR EDUCATIONAL PURPOSE... take call at own risk .!!
WISH YOU HAPPY TRADING. !!
COSMO doing strong Breakout#cosmofilms
Has given strong breakout today.
Weekly close is good.
Completed Fib retracement and bounced from there.
Add till 1655.
#vr
SASKEN PositionalWhy this trade..??
1. Inverse Head & Shoulders pattern
2. Rejection at Fib 38.2% level
Reasons mentioned in the chart.
Disclaimer : This view is for educational purposes only and it's my personal.Please Consult your financial advisor before attempting any trade.We're not responsible for your profits or losses.