Hello Guys, As we see the Ascending Triangle Pattern is observed in the BANKBARODA stock and the price is on the breakout level in weekly chart and if it breaks above the 107.50 and sustained there then it will be the good positional trade for shorter period targeting the range of 135-140 Rs.
DRREDDY forms channel pattern and retest a bottom of a trend line looking good for swing and positional trade
Rounding bottom breakout on daily timeframe Target 1- 453 Target 2 - 560
Stock Analysis for Swing traders. This stock looks good for swing traders and positional traders with very small risk. Risk reward is favorable.
Entry - 280-310 SL 250 Keep pyramiding & keep trailing SL
HTF Trend - Bearish Idea - Price is moving in a range and the bounces should be sold off when the Risk Reward Is Favorable (Positional Trade)
As we can see Eichermotors is near yearly supply, so we can take small risk and short for decent rewards. Short near 2950-3000, sl of 3000. Target could be 2800-2600, if everything goes good.
Took POSITIONAL long trade in maithan alloys Entry 1270 Tgt 1560 SL 1125 Know your risk. Respect SL and Exit immediately is SL hits as long weekend and if broader market weakens due to bad news then loss will be more. Good luck #vr
HESTER BIOSCIENCES Strong financials, stock taking good moving in a range. Seeing recent Volume, it may break its strong resistance and trend-line, which it tested many times. Script is making lower highs and lower lows, trading in symmetrical triangle pattern, in a range in daily time frame. Buy positionally above 2530 trendline breakout. First target will...
Royal Orchid Hotel After correcting, stock moving up slowly, Rounding bottom pattern can be seen. Price at major Resistance level may break seeing Volumes. Entry can be above 110 levels on a closing basis. Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%. Target can be 10-20% on a trailing basis, upuo 120-130 levels. SL will be...
LICHSGFIN Positional View #Positional #Swing Stop loss- below 378 closing basis Target 1 - 460 Target 2 - 535 All levels marked in chart..
SUMICHEM BREAKOUT is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI. CMP - 414 (07-FEB-2022)
BAJAJAUTO FEB FUT(3-Feb-2022) BUY - 3610 Target - 3650, 3700, 3750 SL - 3572
OFSS FEB FUT(3-Feb-2022) BUY - 3800 Target - 3850, 3900, 3950 SL - 3750
Swing Trade(2/Feb/2022) Dabur - Ready for an bullish move. Price Action Analysis - Dabur is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI. DABUR(2-Feb-22) BUY - 552 Target - 558, 569, 578 SL - 544 The Finwiser 📈📊
Key highlights: 1. Bounced off 2 day demand zone 2. Closed just above 200 MA 3. Sitting at 0.5 Fibonacci level 4. Potential formation of Inverse Head and Shoulders pattern 5. Psychological level of 1500 Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers!...
SUTLEJ TEXTILES has given a STRONG CLOSE at 88.15. Can move to 95.8 (WEEKLY RESISTANCE LINE) once CROSSES recent 52 WEEK HIGH of 92.5
CDSL has given a falling wedge breakout. Positional entry can be taken on break of previous day high. Fundamentally strong company, once can accumulate at current levels. This is only for educational purposes. Trade at your own risk.