Accumulate India Cement range 350-370 before Flag pattern breaksIndia Cement Flag And Poll
Forming Flag and Pole pattern, stock has been sideways since last 5 Months.
Nifty correced more than 7 % from its all time high butno correction in stock price.
The pole as formed with huge volumn but in side ways move volume.
Buy accumulate between 350-370
Once breaks out stock could touch price of 560
SL would be 340 on weekly candle closing basis.
Buy Range 350-370
SL 340 weekly candle closing below 340
Target 560+
Pramodchoudhari
INDIAGO PAINT ready to touch IPO price 1 as 11 risk reward ratioINDIGO PAINT has give long 2 and half year consolidation break out.
Stock as has been down trend its listed on Feb 2021
Stock has give rounding bottom pattern breakout and multiple pattern at lower time frame.
*POSTIONAL TRADE*
Buy INDIGO PAINTS
At 1650 50% quantities, 50% between 1600-1625
Stop 1485
Target 1 (1:2) 1791
Target 1 (1:4) 1991
Target 1 (1:5) 2091
Target 1 (1:7) 2291
Target 1 (1:9) 2491
Target 1 (1:11) 2691
_Duration 6 months_
Trade as per your risk-taking capacity.
ONGC Near falling wedge pattern 1: 8 Risk reward long setupOil and Gas sector retested the flag pattern breakout.
ONGC also had retested breakout given earlier and last daily candle showing rise in volume with positive closing.
ONGS also formed falling wedge pattern and we are near breakout of the pattern.
I see 1: 8 potential up side trade.
*SWING TRADE*
Buy ONGC 285
Stop Loss: 279
Target 1 (1:2) 299
Target 2 (1:4) 313
Target 2 (1:6) 325
Target 2 (1:8) 340
_Duration 2-3 months_
Trade as per your risk-taking capacity.
Tata Steel with 1:2 bullish setup*SWING TRADE*
Buy TATAL STEEL
Above 157
Stop Loss: 145
Target 1 (1:1.5) 175
Target 2 (1:2) 181
_Duration 1-2 months_
Trade as per your risk-taking capacity.
The metal sector is showing signs of reversal, having retested the breakout level of 9493. Tata Steel also retested its zone breakout level and saw an increase in volume on the daily candle. An entry above the last day’s high has the potential to achieve a target of 1:2.
SAIL Bullish setup for 1:4 risk reward Metal sector is near reversal, it has retested breakout level of 9493.
SAIL Also retested the breakout and made reversal with strong volume candle.
SWING TRADE
Buy SAIL
Above 131
Stop Loss: 125
Target 1 (1:2) 142
Target 2 (1:3) 148
Target 3 (1:4) 153
Duration 3-4 months
Trade as per your risk-taking capacity
7 year consolidation breakout in Godrej Agrovate risk reward 1:5Swing Trade
Buy Godrej Agrovate
Above 765
Accumulate more between(730-750) if falls
Stop Loss: 698
Target 1: 912
Target 2: 985
Target 3: 1056
Target 4: 1129
Target 5: 1165
Risk Reward : 1: 5.5
Duration 3-4 months
Stock has formed W pattern, broken and retest 7 years of W pattern breakout .
Trade as per your risk-taking capacity.
Godrej Agrovate long setup 1:5 Risk Reward
Aggressive long trade in Lodha 1:8 Swing Trade
Buy Lodha above 1167
SL 1147
Target 1:1208
Target 2:1230
Target 3:1250
Target 4:1290
Target 5: 1310
Target 6: 1331
R: R = 1: 8
Duration 3-4 months
Trade as per your risk taking capacity.
Aggressive trade it's entry before reversal confirmation SL may hit so enter with small quantity and buy on dip
Moldtek BottomBuy Mold-tek Between 250-255
Stop loss 234 (15Rs)
Target 1 : 290
Target 2 : 314
Target 3 : 330
Duration 1-2 Months