NSE:SJVN
This company is into THERMAL / HYDRO / RENEWABLE power generation and distribution.
Key technicals:
- The stock price has made a huge base breakout on weekly charts closing above previous high made somewhere in 2018
- Volume has been consistently increasing over the past few weeks
- The stock returns have largely outperformed the nifty returns since...
#NLCINDIA
#Buy 88-89
#Target 115
#Stoploss 80 DCB (Daily Close Basis)
#ShortTerm (upto 3-4 Months)
Stoploss - 80 DCB (Daily Close Basis) means if Stock close below 80 value at 3:30PM (Market Close Time), then take exit at Next day
As of now after Bonus and Split stock fallen more than 25% and shown good recovery...
Now its at there resistance zone and consolidating at this CMP zone which is showing it is getting ready for big move....
Tommorrow Company is going to post its result and Rsults might breaks expected results numbers..
So We Can go long Above 297 For 330/355...With SL Of 270...
LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
Answer is big yes !! NTPC s a power sector company with huge profits we can enter into this at this time if it sustains above it's level . Fundamentally it is very strong because it is just moving around its B.V and providing huge profits and dividend. If it goes up we can accumulate it in as percentage for higher returns .So, we can enter into this but if it...
This is Monthly Timeframe.
PFC is near is resistance of a very long resistance line.
We saw a big breakout in TATA Power from power sector few months back.
Will it happen same with PFC?
The chances are looking bright as it is sideways for years.
And here, RR ratio is also looking good which 1:2 if I kept stoploss near the recent support.
It may also go above it's...
LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
After a long time stocks like NSE:TATAPOWER and NSE:POWERGRID given a big breakout with a large volume in its daily chart. You can go for long in powergrid with the stop loss of its last support line.
WAIT FOR BREAKOUT AND ENTER
1.SYMMETRICAL TRIANGLE
2.OVERALL POWER SECTOR LOOKING BULLISH
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
As we can see in the chart, the stock has given a decent breakout from its stiff resistance. Also, it has retested this level after the breakout. Now, positionally a good pick for going low with a stop loss below 235. We might see a decent rally in this stock after a little consolidation around its current pricing. For targets, take reference of provided target lines.
NTPC is showing positive sign to take next leap of growth and looking as promising stock for SIP or short - mid term holding.
Chart has been analyzed on Weekly Time frame... portraying good movement after trendline breakout and expect price to pickup it momentum, if price on daily time frame closes above 115
We feel it's an ideal BUY and HOLD stock for short...
After the impulsive wave 1 it has consolidated forming the descending triangle and Wave 2 will start soon.
Most of the technicians prefer to buy when it starts forming wave 2. The reason to initiate buy now is that this stock has good fundamentals with rising EPS and Debt is also less with Rising revenue. Moreover, I prefer to buy now as the Risk to reward ratio...
