Looks like TCS is breaking out and may now enter HH HL structure. We can also see a nice triangle before the breakout, hence this breakout may sustain. Enter at current MP or add at 3400/3500 SL at around 3300 or trail using 50 SMA TARGETS - 3800, 4000, 4300, 4700
IRCTC long with stop loss given in chart as red line. One immediate stop loss and lower one is long term SL for long term targets Green lines are T1, T2 and T3 targets with obviously increasing timelines to achieve. For educational purposes. Elliot wave numbering shown, let me know if incorrect numbering done.
As you can see the stock is traveling in a range that is forming a rising parallel channel. If does not breach the lower side of the channel, we can anticipate the price to move up to 9000. This setup fails for the time if the price breaks down of the lower channel support. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
Seems like formed a double bottom pattern on the charts. If momentum continues and the price goes above 1922-23, there may be a breakout. Further targets may be 1931/1941 to 1948. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
The stock has come down to the support area as shown on the charts. May reverse from here itself or may come down to even 600 levels. Keep tracking for a comfortable entry so that your stop-loss should be humble. We should learn to hunt like a tiger. Show extreme patience. Take time to identify the trade to make a perfect entry. So that our target may not...
As shown on the charts, the stock has been forming a rising wedge pattern for quite some time. This time, trading at the lower levels. if bounces, may be bullish for some time. MACD also shows a possible crossover. The Setup fails if sustains below 4140 for two days. The important thing at this point is a good risk-reward ratio. Only for learning and sharing...
Levels are mentioned on the charts. As long as it sustains above 175.50, chances of going to 181 or 186 are there. Should retest the breakdown levels. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best for your trading journeys.
KRBL is one of the leading stocks in basmati rice export(holding company of India gate brand) Recently, Indian government has put a ban on non-basmati rice exports which has led to increase in price of basmati rice in the world. However, despite of the positive news for the stock, no major price change was observed in chart. The stock is available at a PE of 12...
NMDC share buy on dips Positional targets 160-190-250 Holding time 6months to 2 yrs QoQ strong earning growth hidden by other income (not regular income) in last quarter. High margin on low revenue. With increase in production and revenue margin will grow stronger.
IEX formed a rounding bottom if it breaks the neckline we can expect a good rally.This is just for educational purposes
Huge flat and pole breakout with volume spurt! Expecting 75-100% upside!
paytm breaking weekly trendline above 916.15 good for positional. this analysis is education purpose only
===buy positonal call hbl above 105 tgt-120\15o\200 sl=75 script= 1-volume burst 2-asscending channel pattern 3-surpass moving average with uptrend 100 sma 4-mark hh pattern in candle, plz like share and appreciate our ideas=======
- Long only if it breaks trendline and moves above inside bar high - Entered demand zone and is currently indecisive, so Mon/Tue - if there is enough volume then it can break the trendline - Respect Stop loss - new demand will be created if it breaks the stop loss
We have seen good support reversal or breakouts in Energy sector stocks from past couple of weeks. JSWEnergy is looking very attractive at 240 levels for a strong support reversal for medium term. Keep on radar for big target of 300 and above. Idea shared only for educational purpose,
MIDHANI has formed a beautiful a beautiful cup and handle pattern from 2020. Now, the stock is standing near its neckline and is looking strong. However, the stock has rallied from quite some time now so wait for consolidation after breakout or a retracement to get a good SL. Currently, 230 is a strong support. Positional Target can be 350 which is 90 points(the...
1. Break of downward trend channel 2. Retest of upper channel TL 3. Double bottom formation 4. Major trend is bullish 5. Risk to reward is very handsome
As you see on the charts, the stock price is struggling at the crucial resistance zone. If not able to cross and sustain above 4300, may go weak for some time. Possible targets are indicated. Only for learning and sharing purposes, not a piece of trading advice in any form. Please share your views about the idea. All the best.