As mentioned in the 5th May post, any fall towards 570-560 levels can be treated as an opportunity to buy. The stock shot back up to 610+ levels today (9 May’24). It could still spend some more time but 20% in near term is very possible. Have conviction in the idea even before you invest Rs 100 in it. This is not a trade recommendation. Please do your own due...
As always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade...
BHEL made monthly Breakout.so Short to Longterm is UP. Take your positions accordingly. #Buy on Dips.
Something Big Is Cooking In Reliance Power Buy At Cmp 22.3 SL - 15 ( Monthly Closing Basis ) Target - Open HIGHEST VOLUMES BUILDING EVER
GIPCL has been consolidating in a price range of 105-70 for almost 2 years now. Right now the price is nicely stabilizing near the supply range which is getting supported by good volume it looks like the supply is getting absorbed now and its ready to finally breach the resistance. Stop loss can be placed @ 90. This is a positional pick. *DISCLAIMER* This...
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
following perfectly a parallel channel , taking support near 200EMA. good fundamentals with huge power upside potential . Use ur own discretion
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.
Sitting right around the trendline could be a make or break for the script this week
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
GENUSPOWER (Daily):- 69.45 CMP, looks good for more upside :) 1) Daily Breakout :) 2) Huge Volume Breakout
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.