T1 -- 1338 T2 -- 1387 Duration -- 1 month Stop Loss -- Rs.1,260/- CMP -- 1288
Maruti is Trading at 50 EMA + Retracement Level support on Weekly Chart, can give a good upside movement from here i.e. 6950-6970 (CMP)
POSITIONAL TRADE! Reasons to Trade: 1) TrendLine resistance 2) Good Volumes 3) Inverted Head & Shoulder Pattern SCENARIO 1: The stock might break the Long-term TrendLine as well as the Channel pattern with good volumes and fly. SCENARIO 2: The stock might come down and fill the gap, where the fib 61.8 matches, and then fly. We will Check which scenario...
#SANOFI finding support and getting ready for upmove. Details in chart.
BULLISH BAT HARMONIC PATTERN LONG NEAR 2230 TO 2180
POSITIONAL LONG WITH CONFORMATION CLOSING ABOVE (DAILY BASIS) 68686 GO FOR POSITIONAL LONG WITH SL OF 66604 ********VIEW ONLY *********
HAL CMP at 830 looks set to give us an upmove of 50-80/- in the next 2 weeks or so. Fast Stochastic just crossed over the slow line and the trendline also shows us that we are near a breakout.
Adani Ports showing sign of outperformance. Can give 20-30% returns in 5-6 months. Recently gave breakout with high volumes CMP: 360 Stop loss: 330
Vixfix has started to decrease while the Increase in OBV is clear indication of Scrip reaching higher level. First Target: 90
Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor...
Petronet LNG Has given a clear Long Signal basis Decreasing Vixfix/ Increasing OBV. 1st Target: 235
OBV is increasing, and there is a good bounce and now at the verge of Breakout of a good resistance. Can go Positional Long First Target - 85
On Closing basis it is above 9 EMA / Vixfix continuously falling, and OBV increasing. 1st Target: 100 2nd Target : 110
HDFC has bounced back from Monthly Support, Vixfix is trending down and OBV is increasing - clearly makes it a good set up to GO LONG - and Hold Positionally. 1st Target : 1780 2nd Target : 1850
Bullish Bias Buy above 322 for clear breakout Target 355 Stop Loss 298 levels
3-Bar pattern & Hidden bullish divergence Positional Buy @ 129.50, Target - 144 & above, SL - 114.5 Hidden divergence are strong patterns in direction of trend. Apollo Tyres had formed 3-Bar bullish pattern & hidden bullish divergence on daily charts.
Three Bar Bullish range expansion pattern in ACC . We had a re entry signal at 1423.90 Positional Buy ACC at 1423.90 SL 1390, T - 1453, 1458+
Petronet LNG Ltd had formed 3-Bar bullish pattern which usually happens before strong swing moves. Expect good positional up move in this stock with first entry above 239.45 with SL of 231.90 & swing target of 10% and above. Stock had also broken trend line resistance in 30min charts & given second entry above 244.80. Buy with a initial target of 259.