NAUKRI | Trendline + Breakout retest zone - Potential for 30%NAUKRI | Trendline + Breakout retest zone - Potential for 30%
CMP : 5720
SL : 5100
Target : 7600
1:3 risk reward setup
Positional
swing , positionalIn monthly time frame stock is in uptrend ,HL structure is intact. Which means
stock is in correction of monthly Time frame
in weekly bullish flag is in formation.
So we will wait for structure change and clear breakout of flag pattern In weekly time frame.
IF BO OF LH SUSTAIN, ONE CAN LOOK FOR BUY ON RETRACEMENT. WITH SL OF LAST LL.
OR
U CAN CHECK FOR DAILY TF IF THERE IS A HL STRUCTURE BEFORE BO , CAN USE THAT HL FOR SL ON CLOSING BASIS
Positional: 9 years old resistance breakout and consolidationbuy for positional at cmp and add in dips till 200
buy zone - 200-235
fresh breakout above 235
stoploss 175
for swing trade can buy above 235 only for momentum trade
JINDALSTEL | Bullish sign near Channel support - All set for 30%JINDALSTEL | Bullish sign near Channel support - All set for 30%
CMP : 381 (Dip : 350)
SL : 325
Target : 475
1:5+ risk reward setup (Calculated based on Dip)
CUMMINSIND | Small channel breakout - Looks potential for 10%CUMMINSIND | Small channel breakout - Looks potential for 10%
CMP : 943
SL : 910
Target : 1053
Almost 1:3 risk reward setup
AB capital bullish above 116 | 6 month old Trnd Line breachedAditya Birla Capital was forming descending Trendline from last 6-7 months. Now this Trendline has been breached by ABC and it is about to made new high from here. Volume ia also good at this level. you can enter now or wait for a minor Retest. You can hold this share for positional purpose or Long term investment. This is a fundamentally strong company.
NITCOHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
ADITYA BIRLA CAPITHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
GNA AXLESHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
BLS | W Pattern / Double bottom - Potential for 25%BLS | W Pattern / Double bottom - Potential for 25%
CMP : 211
SL : 190
Target : 270
1:3+ risk reward setup
We traded this stock already and it has already doubled. Now taking small trade again.
MOTHERSUMI | Trendline + Channel support - Lets try for 18-20%MOTHERSUMI | Trendline + Channel support - Lets try for 18-20%
CMP : 215 (Dip : 205)
SL : 195
Target : 250
1:4 risk reward setup from dip
HINDZINC Swing Trade!!!10-14 Days Swing Trade Oppourtunity.As You can see there is a breakout with high volume i.e chances are there that this stock may rise upto 10% within 10-14 days.
SRTRANSFIN | Channel breakout retest - Looks potential for 20%SRTRANSFIN | Channel breakout retest - Looks potential for 20%
CMP : 1585 (Dip : 1525)
SL : 1450
Target : 1900
Almost 1:3 risk reward setup
We already holding from 1300, we can average some more here aswell.
MANAPPURAM | Reversal from channel support - Looks good for 30%MANAPPURAM | RSI oversold + Trendline support + Gap Filling opportunity - Looks potential for 30
CMP : 172
SL : 155
Target : 210, 225
1:3 risk reward setup for second target
positional Trade: watch for channel breakoutbuy on breakout of trendline when it sustains above 116 level
keep sl below 95 for positional
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
BSE | Triangle and Cup & Handle breakout - Potential for 20-25%BSE | Triangle and Cup & Handle breakout - Potential for 20-25%
CMP : 1338 (Dip : 1300)
SL : 1200
Target : 1600, 1700
Almost 1:4 risk reward setup
HDFCBANK | Reversal from Trendline + 200 EMA support - 15% plusHDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus
CMP : 1525 (Dip : 1480)
SL : 1390
Target : 1730
Almost 1:3 risk reward setup
The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely
Some bad trades are allowed, we won't go broke by holding
Can allocate little above our usual allocation.
These comforts are applicable only for cash market not for F&O 😃
TCS - Swing OpportunityTCS is bouncing from the Trendline, if the broader markets hold - this can be a good positional trade opportunity.
VOLTAS Hi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
WHICH WAY COULD THE MARKETS GO FROM HERE? (BANKNIFTY)The global cues lately have not been the best and markets are correcting quite aggressively lately. BankNifty has corrected a little over 15% and Nifty close to 10%
The pattern I am observing now is a triangle pattern, with both an upside possibility as well as downside.
The trade plan:
Bullish:
Entry upon breakout above higher trendline (36,650)
SL: 36,050
Target: 37,850
Risk-Reward: 1:2
Bearish:
Entry upon breakdown below lower trendline (35,900)
SL: 36,500
Target: 34,700
Risk-Reward: 1:2
I know that the SL and Target are quite large, hence, this would be a good opportunity to practice position sizing. Generally for smaller targets I could trade full quantities, but for this my risk is only about 100-200 points and targets around 400 points max. But considering the VIX is trading around 20, the volatility is high and larger targets can be achieved. So, if the SL and target are upto 3x my normal trades, this where I will cut down my positioning by 1/3. Example, if my full quantity is 150 (6 lots), I will only trade 50 (2 lots) which is exactly 1/3. This will ensure that larger SL does not mean more risk in absolute terms.
GLAXO | Falling wedge breakout - Looks potential for 16%GLAXO | Falling wedge breakout - Looks potential for 16%
CMP : 1501
SL : 1430
Target : 1730
1:4 risk reward setup
GODREJCP | Falling wedge breakout - Looks potential for 20%GODREJCP | Falling wedge breakout - Looks potential for 20%
CMP : 940
SL : 875
Target : 1000, 1130
1:3+ risk reward setup (2nd target)
