Positional
NAUKRI Positional LongNAUKRI just broke out of range with good volume on hourly timeframe. Looking good for long positional setup.
SL = 5500
T1 = 6000
trail SL thereafter
Breakout in weak marketStock is showing strength and has given breakout in a weak market. Can retest the breakout levels and can be added for positional trading
NAUKRI | Flag breakout - Looks potential for 15%NAUKRI | Flag breakout - Looks potential for 15%
CMP : 5696
SL : 5450
Target : 6630
1:3+ risk reward setup
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.
Alok industries Look at the beautiful chart strong momentum backed with high volume definitely give you at least 30% in next weeks
KIRIINDUS | Looks potential for 25%KIRIINDUS | Looks potential for 25%
CMP : 518
SL : 475
Target : 640
Almost 1:3 risk reward setup
KIRIINDUS | Another swing opportunity for 35% KIRIINDUS | Another swing opportunity for 35%
CMP : 501
SL : 450
Target : 680
Almost 1:4 risk reward setup
HFCL POSITIONAL LONGHFCL is near to its ATH resistance levels, on daily it has started making higher lows, on weekly it is taking support at 20EMA by controlling uptrend on Higher Time Frame, Monthly the upper bollinger band is open and have some more room on upside to achieve.
Stock is ready for BOOM
Stock Is ready for Blast you can enter for small Stop loss and getting big Target
Strong Breakout in RHIM. Positional trade ideaStock has given a strong breakout on weekly timeframe. The stock can be bought in parts for further upmove. Positionally it can be a rewarding trade.
SUNTECK | Trendline breakout looks good for 40%SUNTECK | Trendline breakout looks good for 40%
CMP : 377 (Dip : 360)
SL : 320
Target : 520
1:4+ risk reward setup
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
RKFORGE | Strong support zone - Potential for 20%RKFORGE | Strong support zone - Potential for 20%
CMP : 1020 (Dip : 980)
SL : 920
Target : 1230
Almost 1:4 risk reward setup
Hope to see the target on or before 15th Feb.
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.
Fresh BreakoutStock has given a good breakout with strong candle. Can be good positional trading idea.
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 :)
AMRUTANJAN | Channel + Flag looks potential for 20-25%AMRUTANJAN | Channel + Flag looks potential for 20-25%
CMP : 827 (Dip : 800)
Stoploss : 775
Target : 1050
1:10 risk reward setup
