Positional
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.
Trent - Swing Trade - Target - 1170Looks like a good swing trade once it gives a strong bullish reversal candle on the daily and weekly. It is also giving 100 EMA support with the trend line and medium term support on the daily. Keep an eye on this stock before initiating an entry on this.
1050 is a breakout level for 15, 30, 1hr chart and also an entry level for a swing.
Best of luck :)
positional trade: consolidating above long term resistance given a trendline breakout on daly chart
can buy for positional if closes above 500
keep stoploss below 400
invest amount which you can hold for positional trade
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
BHEL - POSITIONAL - BULLISH TREND REVERSAL BHEL find bullish trend reversal daily candle on yearly chart 1day timefram. stock corrected from 78-80 level to 50-55 and last few days consolidating around 55-60 level ..last trading session stock has given strong breakout on daily candle with good volume confirm trend-line and triangle breakout clearly seen on chart.
from current level CMP 62.65 as positional trade 10-20% upside can seen next 10-15 days time .
Bullish technical indicators .
1. trend-line and triangle breakout
2. Double bottom seen before breakout
3. volumn seen increase
4. RSI bullish
BUY BHEL cmp 62.65
TARGET 66-68-70
STOP LOSS 55
** Please do own study and analysis this idea can help you for same..tale call at own risk. !!
WISH YOU HAPPY TRADING. !!
REC LTD - PositionalWhy this trade..??
1. Double Bottom
2. Bullish Divergence
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.
RELIANCE a good medium term betShows signs of short term trend reversal (bearish to bullish), and continuation of long term trend of bullish
1) Took support on 200 Day Moving Average
2) reversal from 61.8% retracement level of Fibonacci support level
3) Head and Shoulder pattern neck line Breakout
4) Flag and Pole pattern
5) Trend line Breakout
6) reversal from June Highs of 2375
for Short term Trade, keep stoploss below 2329
and for medium term keep stoploss below 2289
all levels in chart..
Cup & Handle Pattern - HDFCCan be bought Positionally target will be informed as we move ahead. Please take position only after the price ticks above the mentioned levels.
Trade Cautiously. Like & Comment.
Refer some successful ideas attached below.
#107 HDFC BANK BLOCKBUSTER ON THE WAY107 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
DEVYANI--- POSITIONAL BUYDEVYANI , stock pick as positional buy due to technical bullish indication on Hourly chart.!! one can have buy position at cmp 171-172 for short term target 185-190 ( 8-10 days ) around 10-20% profit margin .!!
BULLISH TECHNICAL INDICATORS.
>> STOCK has at trend line support,as well as at 200 SMA support on hourly chart,
>> Stock has bullish breakout at trend-line
>> trend-reversal signal seen on chart MA ADX turn green.
BUY DEVYANI International @171.80
TARGET 185-190
Stop Loss 160
*** PLEASE Do own study and analysis ..hope this idea will help your anlysis. !! take call at own risk.!!
WISH YOU HAPPY TRADING !!
ZEELEARN -- POSITIONAL PICK-- 2022ZEELEARN selected as Positional pic of new year 2022 Due to strong bullish technical indicators on daily chart, stock has strong breakout with good volume in last trading session. upper channel breakout clearly seen on the chart. ! one can buy the stock at cmp @15.35 for potential 10-20 % upside target in 8-10 trading sessions.
Bullish Technical Indicators
1. Golden cross with 20,44,200 SMA before breakout.
2. upper channel breakout
3. double bottom seen at strong support level before breakout.
4. RSI(14) Value 63.9...above 60 is bullish signal
5. MACD value 0.3 ... MACD above center and above signal line is strong bullish indicator
6. volume seen increase at last closing session .
BUY ZEELEARN @ 15.35
TARGET 17-18
STOP LOSS 12.80
* COMMENTS for or against this idea welcome.!!
* Please do own study and analysis ..hopeful this idea will help for same..take call at own risk.!!
WISH YOU HAPPY NEW YEAR 2022 ! & HAPPY TRADING !!