1. Coal India has formed Cup and Handle Pattern. 2. I am expecting a continuation of uptrend after a RETRACE. 3. Recent downfall, for me, was just like a "profit-booking" after the results. 4. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the...
1. BPCL has formed Cup and Handle Pattern, it may breakout in near future. 2. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes.
1. LT has formed Cup and Handle Pattern in weekly timeframe. 2. I am expecting a breakout. 3. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and...
1. SBI Card has formed Cup and Handle Pattern. 2. I am expecting a breakout again after a RETEST. 3. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for...
1. Indusind bank can breakout from current range. 2. This maybe a breakout after around 3 years of consolidation. 3. This is a patient trade. It may require a full week or two to decide entry. 4. SL, Entry and Target will be decided afterwards. 5. My view is if it doesn't breakout (and give entry signals), It may come down to retest the "violet trendline". 6. The...
1. ITC can breakout from current range. 2. Higher Lows indicating a buying pressure. 3. Shrinking "price-range" is indication of momentum. 4. We can expect two targets of 226 and 237. 5. Upcoming result looks matter of caution. 6. SL and Entry will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for...
Keep track of TCS as it may provide good positional trade opportunity. Points to consider: 1. TCS is still in an uptrend considering Higher Highs and Higher Lows structure. 2. Double Top (indicated with black line) looks matter of concern. It will be selected as target. 3. SL, Entry and Target will be posted afterwards. 4. Trade will be cancelled if met with...
Have Britannia added in your watchlist. It may provide (1:4 risk-reward) positional trade in the upcoming days. Entry price, SL and target will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational...
Cipla coming to RETEST its breakout zone. Good positional buy opportunity. Entry price, SL and target will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
Keep track of HDFC. It could provide good positional trade opportunity in future. HDFC tried to break the resistance 2 times (Downward Channel Pattern), now it is already weak. If it tries to break 3rd time, there could be huge momentum or real breakout. We can exit or hold near resistance, depending on various circumstances. Risky traders may hold, safe players...
Keep track of HDFC Bank, it is nearing its daily support. Good positional trade opportunity. Will let you know the entry price, SL and targets afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
M&M finance is nearing it's daily support. I am planning to go long in near future. The risk-reward looks very good (1:3). Entry price, SL and Target will be posted afterwards. The stock should be added in our watchlist. Disclaimer: You're sole responsible for your actions taken in the markets. I've shared my analysis for informational and educational purposes only.
GAIL was consolidating near its support line for 3-4 days. I am planning to go long if it moves above Rs 134.20 tomorrow. The risk reward looks attractive (1:3) Entry: 134.20 SL: 129.90 Target: 149 Important Points: 1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us. 2. Look, whenever the...
Buy price : Above Rs 209.50 SL : Rs 204.45 Target : 226-27 1 to 2 month view
Market ki saari ummedein "Mota Bhai" per tiki hui hain. Ab Nifty ko yahi bacha sakte hain. Daily timeframe support coming soon I'll go long at "one green candle (of course with full body)" once it tests support line on daily timeframe. SL and Target will decide afterwards.
Rattan India has given a fantastic breakout on Weekly Timeframe. Wait for tomorrow's candle close and the build positions gradually as this is a positional trade. The volume spike has been the highest ever in this stock so that gives it more confidence. Wait for some retracement to get a better risk reward
Sl@2994 Tgt@3488 Reason For Buy : crossed sma, cross over macd & closed abv trendline
JM Financial - Positional trade Big range breakout and retest done. Increasing volume during breakout. Good positional trade setup. Add around 87 with SL below 77 and trial till 117 at least.