Positional
Good swing and positional setup.Hey guys.
As you see HclTeach was in downtrend and now its breaking its trendline. Yesterday it took resistance from 50 period moving average but in daily timeframe you can see a clear inverse head and shoulder pattern so once it crossed its daily 50Ma and give closing up to 1200 as shown by the resistance line we can go for a swing trade of 5 percent and for positional target would be 12 percent. Manage your risk according to your risk appetite .
Eyes on Colpal - Entry above 1475 if sustained. Target - 1550Looks like a proper swing trade above 1475. it is taking support from the 5 year timeframe trend line. As well as near its area of value support. There seems to be an hourly breakout too. Rsi is indicating strength. It also made a bullish engulfing candle on today's closing with volumes. Also there's a long build up in this stock.
Worth keeping an eye for. This could be a lucrative trade.
Thank you :)
Positional Buy Trade opportunity | IDFC FIRST BANK | MID-TERMNSE:IDFCFIRSTB
On Daily time frame, it is still trade below 200DMA.
200DMA is placed at 53.05 level.
Also it closed in the resistance zone of 52- 52.50.
It will be bullish once it give sustainable breakout of 54 level or 200DMA.
All the targets are mentioned on the chart.
Please refer below chart : 1day Time Frame.
***************Please note this is my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.
Positional BUY Trade | IDEA | LONG-TERMNSE:IDEA
One weekly time frame it gave breakout of 200 MA with increased volume.
200MA is placed at 15.11 level.
Any dip above 15 level will be good buying opportunity.
SL can be 13.45
Short term target can be 18.05
Mid Term Target can be 20
Long term target can be 23.40.
***************Please note this is my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.
Positional Buy Trade Opportunity | MID TERM |KOLTE PATILNSE:KOLTEPATIL
Given breakout of 320 level.
Any dip above 300 seems good buying opportunity.
SL can be 280. Probable Targets are mentioned Charts.
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***************Please note this is my own study/opinion, it is not a trade recommendation**********************
Please Consult your financial advisor before making any investment.