SELL below low of brakeout candle with 1:@ minimum take profit
BUY above high of brakeout candle with 1:2 take profit
beautiful technical formation called round formation which is bullish stock looks good although as its belong to power dont see humoungous rally due to the sector issues
Keep eyes on it it will going to move Good Keep eyes on trend line breakout And moving average of 200
Dividend will always be paid in Jan month and this will be the trigger, min 4 Rs dividend expected as the debt service has increased As H1 has performed better than previous years H1, this will give a good move till 85 levels
If I am correct then Adani Power can be bullish and is bounced back from the support level , the same as Jindal Steel & Power did! Any suggestions, please comment
One can look to add thermax at current levels as it tries to respect its trendline. I still believe that we (Indian Stock Market) will continue to outperform the US markets. Good zone to accumulate/buy. But if the current levels break, then exit; do not take unnecessary risk.
Buy Honda Power Closing Price - 1398.35 Best Buy - 1165-1235 SL - 1100 (Weekly Closing Basis) Target - 1750/2000
CG Power at life time high. Further company has good fundamentals and best thing with lifetime high share is we have Stop loss so loss is limited and profit.......sky is the limit in such all time high stocks. so you got the trick. this trick is only for investors
All Description is stated in chart !!! incase you like, please follow me ... Regards Gautam Khanna
TATA POWER -- HOURLY CHART - INTRADAY SETUP --09/06/2022 1. W pattern chart formation on hourly chart 2. trendline breakout seen on hourly chart 3. histogram seen supply bar level decline as trend reversal sign. 4. RSI at mid range hourly chart 49 level 5. above 20,100,200 level on daily chart. 6. intraday support 230, 227 resistance 237, 240 BUY TATA...
NSE:PFC I am posting this on request from one of the follower... Observations: 1) On 1day time frame, it is near critical range which is 104-106. which was working as support in recent days and as well as in past year. If it breakdown this range then we can see down move. 100 is psychological support level. Please refer below chart : 1day time frame. ...
Tata Power Daily time Frame. Took support at 203 for Five times. If support broken, Target @ 173 SL 213
JINDAL STEEL & POWER -- 15 MIN CHART -- INTRADAY SETUP 1. Stock seen oversold at daily chart 2. lower channel breakout seen above 463.50 stock currently trading at 461 level 3. BUY at breakout level above 463.50 4. wave trend seen moveing upword direction 5. double bottom support seen as trend reversal signal 6. above 200 SMA daily chart BUY JINDAL...
JINDALSTEL short trade looks worth considering as after a parabolic upside move it has come out of trendline and formed an inside candle with break down on the lower side thus indicating short trade below 545 with stoploss of 571 and target of 520,465
TATA POWER -- HOURLY CHART -- INTRADAY SETUP-- 04/05/2022 1. Trend line breakout seen at last Hourly candle after recent correction from 298 sub level to 248 level . 2. Before trendline breakout double bottom formation seen around 238 level 3. WAVE TREND seen bullish 4. trend reversal sign clearly seen around 245 level as last hourly candle BUY TATA...
ORIENT GREEN POWER CO LTD- DAILY CHART 1. Trendline breakout seen on daily chart recently 2. Triangle pattern breakout also can seen on chart 3. Double bottom formation seen, where both double bottom candles are hammer candle, 4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish 5. wave trend also...
NTPC was give Channel BO. So can buy here 144 and add more if come 132 for the minimum target 175 ,1-3 month view.