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GODREJIND | Inverted Head & Shoulder pattern | 44 %🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕ --Buy above =454.30 or CMP --Target = 543 | 656.30 --Stop-loss = 382.50 --R:R =2.81 --Expected Profit = ( 44% ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) Godrejind has formed inverted head & shoulder pattern 2) Prior trend was down 3) volume activity is increasing from some time 4) target is based on resistance levels & pattern height 5) same pattern can be seen in godrejcp and godrejagro 6) wait for the pattern breakout & retest Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:GODREJINDLong
by ReviveTraders
24
Cumminsind | Trendline & Ascending Triangle BO at same time 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕ --Buy Above =593.85 or CMP --Target = 745.45 | 871.45 --Stop-loss = 530.10 --Lot Size =1200 --R:R = 4.35 --Expected Profit = 3,32,000 ₹ per lot (46 % ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) Longterm trendline break with good volume 2) Ascending triangle break with trendline 3) Retracement is probaly done 4) Targets is based on the resistance areas Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:CUMMINSINDLong
by ReviveTraders
18
Long term and short term investment idea on L&T Few pointers from my analysis on L&T : Long term view : 1.Major trendline : It has taken support on major trendline "S1" and historically whenever it has touched it the stock has gone up at least 137.06% !! So far it has rallied about 56% only ,so I believe it has lot of room and steam still left in it. 2. Fibonacci 0.5 level : has been crossed decisively with good Volume (remember this is a monthly time frame , thus indicating solid strength.) 3.RSI : Historically whenever RSI touched near 30-35 levels it has given a good bounce , same can be noticed now. 4.100 day moving average : crossed with good Volume. Short term view : 5. It is also evident that on a daily timeframe the stock has made a bullish flag pattern and broken out of it , and now currently facing the immediate psychological resistance near 1200-1230 and immediate psychological support near 1075-1100. (check out the comments) Conclusion : Ideally those who are looking for some good long term bet can go for it and those looking for some quick buck can make note of immediate levels and take action at their own discretion. Personal disclosure : invested for long term. Time frame used : monthly and daily. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
NSE:LTLong
by saikrishna9999
FIVE CONFORMATIONS SETUP ON HDFC LIFE !!!Here is my 2 cents on HDFC LIFE as why I am very bullish on the stock 1.Inverse Head and Shoulders pattern on daily and weekly time frame. 2.Decending Triangular pattern on upside, signifying continuation of major trend i.e., uptrend. 3.100 day Moving Average support. 4.3rd time taking support on the trend line. 5.Stock taking support 3rd time at 0.236 Fibonacci retracement levels ( considered as healthy retracement on an uptrend). Personal view : Very bullish, Positional view. (ps: safe players can go long after 600 levels). Timeframe used : Daily. Target : 640-650 or trailing SL. Disclaimer : These are just my personal observations, Please do your own research or consult an advisor before doing any investment or trading.
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NSE:HDFCLIFE
by saikrishna9999
17