ELECTRONICS MART INDIA LONG CONSOLIDATION BREAKOUT POSSIBLEEMIL shown tremendous strength from IPO LISTING TO 250 LEVELS.
THIS RETAIL GIANT IS AGAIN READY FOR BIG TARGETS
Recently promoter sold stake & SBI Mutual
Fund bought maximum of stake sold by them.
It is in Long consolidation with tight base formation heading towards new highs.
Possiblebreakout
LOOKS TOO GOOD TO ACCUMULATE AT THESE LEVELS!!!This simply looks too good, both, technically and fundamentally as well, the formations are good, stock seems to be retesting the breakout levels and this is considered to be one of the best times to get into any stock, a buy is strongly recommended in the bracket of 1010-1050 with a stop-loss of 980 for higher targets.
Happy Investing :)
Nifty 50 montly levels Nifty Monthly levels
1.Both buy and sell harmonics
2.Buy on dips market
3.Expecting Nifty breakout on the upper side
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Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
LOOKS GOOD FOR A SWING AND EVEN FOR LONG TERM!Stock gave a breakout a few weeks back and has been consolidating over the marubozu (breakout candle) from a decent time, has given a good weekly closing and the candle looks good, it has possibly bottomed out. Can go long with a stop-loss of 287 for the short term targets of 340 and 380.
KotakBank Bulllish buy on dips The stock has been forming an extended channel pattern Ill try to buy this stock on dips
personally I try to buy on dips stocks
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
METALS [possible breakout]Metals have seen a huge rally in the past 6 months.
They are still quite strong and could show another small leg of the rally in the upcoming days.
Nifty metal index has formed a bullish continuation "cup and handle pattern" on the daily timeframe.
It signifies the continuation of the uptrend after breaking out the resistance level or the neckline of the cup.
Time horizon :Short term-medium term.
NSE:CNXMETAL
BITCOIN wait for breakout Wait for breakout
symmetrical triangle
If price cannot sustain below 34800$ we can expect 25600$ or else we if price move above 40000$ we can expect 50000$
I'm expecting downside (only my personal view)
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Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Mothersumi possible breakout Wait for breakout
1.Resistance zone breakout
2.volume profile
3.Increase in volume
Long HDFC Life | Buy on dips till 660 | Possible Breakout1. Around strong support zone 656-665
2. Retracement done from high to low (More than 0.618 fib level) , but currently above 0.618 fib level
3. Consolidation going from few days (possible breakout anytime)
4. MACD about to give crossover*
5. Taking support from almost an year old trendline ( starting from 12 June 2020)
5. Decent delivery percentage (around 40% on 21/ 05 /2021)
TIP : BUY ON DIPS TILL 660....(eg : if you want to take 50 quantity .. take 20 then if goes down take 15 more... then 15more and so on till 660
SL - 654
FAVOURABLE RISK TO REWARD = 2:5 (for Target ->725)
Feel free to share your feedback and queries.