IIFLSEC gave good upside breakout with good volume after 23 days of consolidation.
R:R the setup looks good and can be used for positional trade
Long @ 102.45
T1 113.60 |T2 128|T3 146.05||
SL 95.55
NSE:VMART
Seems Like Retracement is going to over now and the uptrend will continue.
On daily chart pattern it just closed above 50DMA and 78.60 level of FIB Retracement.
One can buy from CMP with SL of 3400 and Target of 3585, 3620, 3680, 3730, 3770.....
NSE:ZOMATO
On daily Time frame it has made double bottom pattern and yesterday it gave breakout of neck line which is placed near 140 level.
Please refer below chart : Daily time frame.
Any dip above 140 level will be buying opportunity.
Short term target will be 153.50/155 level.
SL will be 137.
Please refer...
Grasim Industries had broken the upward trend line & trading below resistance of 1473 & making LH- LL formation on daily charts.
Sell Grasim Industries for a target of 1365 for a target of 1365 & SL: 1509
Reliance Industries have formed the Descending triangle pattern.
As the market is showing bearish sentiment, below 2060, we can expect a quick fall till the 2000 levels and may take a small "U" turn.
If the stock miraculously managed to break 2120 levels after a retest in the break out level, it can go upto 2250 levels.
Kindly share your valuable...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
DAILY SWING CALL // Friday 25th of June 2021 NSE:ONGC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 122
TARGET: 140+ (15% Around)
STOP LOSS: 110 (10%...
GMM Pfaulder Ltd saw a remarkable from 4000 levels to 5435 levels.
Though it went into deep correction after marking high of 5435.
Currently it is approaching it's imp support around 4474-4434.
Since it's weekly and monthly chart are bullish,chances are that it might took support at the level mentioned above, hence I am keeping an eye on its price action this...
MUTHOOTFIN formed a flag pattern. wait for a breakout with High volume .
trade setup has a good risk/reward ratio of approximately 1:3
buy above 1500
target = 1890
stoploss = 1438
Kotak bank it is :) if such good banks are giving u such great patterns, never judge them or speculate anything, trade with proper risk and take the trade for once :)
Happy trading :)
Keep an eye on this stock
logic
1. Weekly trendline support
2.Channel breakout
3.Huge volumes
4. Very good R: R
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Buy Federal Bank at current market price for the target of Rs 98.30 and SL of Rs 81.8.
Note: This analysis is for Educational Purposes only. Consult your Financial Advisor before any investment decision.
