Positional
IOC - Long Idea - For Positional Trade Target 150Scrip Name: Indian Oil Corporation
Setup : (Weekly Breakout Strategy)
Entry - 115- 118
Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added).
Target 1 - 130
Target - 2 - 140
Target 3 - 150
Time Period - 3 Months
The Stock is also providing a good Dividend Yield.
DOLAT | Another falling wedge breakout - Potential for 40%DOLAT | Another falling wedge breakout - Potential for 40%
CMP : 90 (Dip : 85)
SL : 75
Target : 125
1:4+ risk reward setup
Weekly time frame is even more solid, attached in the comment section
BAJFIN @POSITIONAL BUY CALL ABOVE 7550My best pick on BAJFIN @ABOVE 7550
One can Take a Long Position in this Above @7550 SL 7350 Target 7700++7900++8050++
Reason::: Daily Strong Support level@7350 ::: INVERTED HEAD & SHOULDER PATTERN ON HOURLY TIME FRAME
This Trade Has Low Risk and High Return Possibility
This call is just for study purposes. Do invest at your own risk .
STAY SAFE: Stay WEALTHY:::
TCS LTD (SHIORT TERM BUY CALLMy best pick on TCS @3500
One can Take long Position in this Above @3500 SL 2750 Target 3700++3900++4000+ SL 3250
Reason::: Daily Strong Trendline Support level :::RSI Near 30-35 Level:::Bit oversold
This Trade Has Low Risk and high Return Possibility
This call is just for study Purpose. Do invest at your own Risk ..
STAY SAFE : Stay WEALTHY:::
MARUTI SUZUKI WILL BE ROCKETAs per top Down approach
Auto Sector Is looking Bullish in all time frame
Maruti Suzuki is about to give head and shoulder pattern breakout
RSI and Volume and is showing bullish strength
One should buy above 8000 for safe traders, aggressive traders can buy above 7900
First Target will be 9500, the Last target will be 12000
Happy Diwali and Happy Trading
Simple Positional Long/buy trade setup | IEX | short-mid termNSE:IEX
I am posting this as one of the follower on twitter requested for it.
Observations:
1) On daily time frame, we can see it took support from 21DMA and closed above it.
21DMA is placed at 733.66 level.
So we can say that immediate support range is 730-733 level range.
Please refer below chart : 1 day Time Frame.
Also if we apply FIB retracement then we can see 755 level is immediate resistance range.
Major support is at 693 level range.
Please refer below chart : 1 day Time Frame.
Major Breakout level is 800 level.
Please refer below chart : 1 day Time Frame.
It will be good bullish only on sustainable breakout of 800 level.
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For Positional trade one can take long trade from CMP with SL of 690 and target of 755-785 and ultimate 800 level.
Once it sustain above 800 level then one can take new fresh long postional trade.
I prefer to not have intraday in this stock, as there are also other stock which are better then this at this moment for intraday.
Simple Positional Long/Buy Trade Setup | BAJAJ ELECTRIC | NSE:BAJAJELEC
This is only for positional trade. Short - mid term.
1) On daily time frame, we can see it sustain and took support from 200DMA.
Also closed above major support zone of 1075-1100 level range.
Please refer below chart : 1day Time Frame.
Keep your positional Trade with strict SL.
Simple Positional Long/Buy trade setup | CDSL | Short-Mid TermNSE:CDSL
Observations:
1) On daily time frame, we can see 50DMA is working as support.
In last session, It took support from it closed with bullish candle.
So Major support range is 1290-1300 level.
Please refer below chart : 1day Time Frame.
2) Also on daily time frame, we can see that it is taking support from major support trendline.
And also it has formed symmetrical triangle pattern.
If it breakout upward then it will be bullish.
If it gives breakdown of support trendline then it will be bearish.
Please refer below chart : 1day Time Frame.
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In this stock it is better to take positional trade. Below is the levels and setup for only long positional trade setup.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL.