Positional_ UltratechNamaste!
1. Ultratech looks good for a positional/swing trade.
2. Entry price and Stop Loss is marked on the chart. If the stock open gap up, then limit order at the entry price will be placed.
3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled.
4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle.
And be ready for a gap down in Nifty on next trading session (as SPX closed in red more than 2% last day).
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 for informational and educational purposes only.
Positional
Positional_ BajajfinsvNamaste!
1. Bajajfinsv looks good for a positional/swing trade.
2. Entry price and Stop Loss is marked on the chart.
3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled.
4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle.
And be ready for a gap down in Nifty on next trading session (as SPX closed in red more than 2% last day).
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 for informational and educational purposes only.
Positional_ ZomatoNamaste!
1. Zomato looks good for a positional/swing trade.
2. Entry price and Stop Loss is marked on the chart.
3. This trading idea is only valid till next trading session. If entry doesn't execute in next trading day, it will be cancelled.
4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle .
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 for informational and educational purposes only.
Positional_ Hindustan UnileverHindustan Unilever looks good for a positional/swing trade.
Buying above Rs 2506, SL Rs 2462, Target to be updated soon.
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 for informational and educational purposes only.
Positional_ ICICI BankICICI Bank looks good for a positional/swing trade.
Buying above Rs 642, SL Rs 629.50, Target to be updated soon.
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 for informational and educational purposes only.
Positional_ SunpharmaSunpharma looks good for a positional/swing trade.
Buying above Rs 690, SL Rs 677.90, Target to be updated soon.
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 for informational and educational purposes only.
Positional_ Tata MotorsTata Motors looks good for a positional/swing trade.
Buying above Rs 346.90, SL Rs 339.30, Target to be updated soon.
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 for informational and educational purposes only.
Positional_ Coal IndiaCoal India is looking good for a positional/swing trade.
Buying above Rs 148.10, SL Rs 143.75, Target to be updated soon.
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 for informational and educational purposes only.
Positional_ SBI LifeSBI Life looks good for a positional trade.
Buying above Rs 1021, SL will be Rs 997.
Target to 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, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
Positional_ CiplaCipla looks good for a positional trade.
Buy above Rs 961.80, SL 942.
Target will be set afterwards, we may also trail our SL/Target considering the market behavior.
The entry price may also be modified depending on various circumstances.
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 for informational and educational purposes only.
Positional_ Coal India1. 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 markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
Positional_ BPCL1. 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.
Positional_ Larsen and Toubro1. 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 educational purposes.
Positional_ SBI Cards1. 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 informational and educational purposes. I already have open positions which will be squared-off after target is met.
Positional_ Indusind Bank1. 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 problem I have experienced in the banking stocks is that most of the stocks moves in direction of bank nifty. The setup in individual stocks doesn't matter that much as it should.
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 only.
Positional_ ITC1. 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 any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes only.
Positional_ TCSKeep 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 un-favorable risk-reward scenario.
Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes.
Positional_ BritanniaHave 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 purposes only.
Positional_ CiplaCipla 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.
Positional_ HDFCKeep 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 may exit.
Entry price, SL and targets 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.
Positional_ HDFC BankKeep 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.
Positional_ M&M Finance_ LongM&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_ Positional Long above Rs 134.20_ (1:3) Risk RewardGAIL 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 price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provided.
Disclaimer: Please do you own research before jumping into the trade. Till then just be a spectator and evaluate how the price moves near support. I already have open positions which I may hold or exit at my SL.