PHILIPCARB | Channel + EMA support - Potential for 24%PHILIPCARB | Channel + EMA support - Potential for 24%
CMP : 225
SL : 200
Target : 275
1:3 risk reward setup
Positional
PARACABLES, 80% gain possible.(possible multibagger)PARACABLES,,W & M chart are in formation of cup & HANDLE Pattern.
Daily cart forming inverted Head & Shoulder pattern.
Above all the moving averages too.
This could be a multi bagger stock.
All levels are marked on chart itself.
All analysis are for educational purpose only.
ATH breakout pullback and continuationbuy above 5000 for intraday and positional
keep stoploss of 4450 DCB for positional
For Intraday:
Note this scrip is volatile for intraday as spread difference is more so keep position sizing small
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
HDFC AMC, Short Sell, Target 1 - 2500, Target 2 - 2350It has broken a weekly and a daily support. After the breakdown, support acted as a resistance and now has taken a continuation towards the south. Short build up is also visible. Supported by the selling in the overall market, this could be have a good downside potential.
Best of luck :)
ASTRAZEN | Super RSI divergence in daily time frame - 35-55%ASTRAZEN | Super RSI divergence in daily time frame. Lets try a bottom fishing - Looks potential for 35-55%
We recently traded GLAXO from Pharma which given excellent result. Now another stock from same sector.
CMP : 3100
SL : 2800
Target : 4150, 4800
1:4 risk reward setup (First target)
Daily time frame RSI divergence chart attached in comment
Simple Positional Buy Trade Setup | General Insurance [mid term]NSE:GICRE
I am posting this on request from one of the follower from Twitter.
It gave breakout of 140 level with gap up opening on 11-11-2021. And on 12-11-2021 it sustain above it.
Major breakout level is 150 level. Also on Daily time frame we can see rounding bottom pattern with neckline near to 150 level range.
Trade Setup:
There will be two scenario:
1) It will come down again to test 140 for the support and fill the gap. Once it get support then one can enter the positional buy trade.
Keep SL of 135 for this trade with 1st target of 150 and then on breakout of 150 level above targets will be open.
2) It will immediately give breakout of 150 level and if it sustain above 150 level then one can take positional buy trade with SL of 139.50 and all above level as target.
---------------------------
Now if you are impatient then you can take positional buy trade from CMP with SL of 139.50 with all above target for short-mid term only.
Please note: This is my personal view. Please consult your financial advisor before any type of investment.