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Priceaction

Positional_ CiplaCipla looks good for a positional trade. Buy above Rs 961.80, SL 942. Target will be set afterwards, we may also trail our SL/Target considering the market behavior. The entry price may also be modified depending on various circumstances. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:CIPLALong
by UnknownUnicorn7637383
Positional_ Coal India1. Coal India has formed Cup and Handle Pattern. 2. I am expecting a continuation of uptrend after a RETRACE. 3. Recent downfall, for me, was just like a "profit-booking" after the results. 4. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:COALINDIALong
by UnknownUnicorn7637383
6
Positional_ SBI Cards1. SBI Card has formed Cup and Handle Pattern. 2. I am expecting a breakout again after a RETEST. 3. SL, Entry and Target to be posted afterwards. Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes. I already have open positions which will be squared-off after target is met.
NSE:SBICARDLong
by UnknownUnicorn7637383
Positional_ Indusind Bank1. Indusind bank can breakout from current range. 2. This maybe a breakout after around 3 years of consolidation. 3. This is a patient trade. It may require a full week or two to decide entry. 4. SL, Entry and Target will be decided afterwards. 5. My view is if it doesn't breakout (and give entry signals), It may come down to retest the "violet trendline". 6. The problem I have experienced in the banking stocks is that most of the stocks moves in direction of bank nifty. The setup in individual stocks doesn't matter that much as it should. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes only.
NSE:INDUSINDBKLong
by UnknownUnicorn7637383
Positional_ ITC1. ITC can breakout from current range. 2. Higher Lows indicating a buying pressure. 3. Shrinking "price-range" is indication of momentum. 4. We can expect two targets of 226 and 237. 5. Upcoming result looks matter of caution. 6. SL and Entry will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets resulting in financial gains or losses. The analysis I've shared is just for informational and educational purposes only.
NSE:ITCLong
by UnknownUnicorn7637383
4
Positional_ TCSKeep track of TCS as it may provide good positional trade opportunity. Points to consider: 1. TCS is still in an uptrend considering Higher Highs and Higher Lows structure. 2. Double Top (indicated with black line) looks matter of concern. It will be selected as target. 3. SL, Entry and Target will be posted afterwards. 4. Trade will be cancelled if met with un-favorable risk-reward scenario. Disclaimer: The views expressed in this article is of my own and you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes.
NSE:TCSLong
by UnknownUnicorn7637383
2
Positional_ HDFCKeep track of HDFC. It could provide good positional trade opportunity in future. HDFC tried to break the resistance 2 times (Downward Channel Pattern), now it is already weak. If it tries to break 3rd time, there could be huge momentum or real breakout. We can exit or hold near resistance, depending on various circumstances. Risky traders may hold, safe players may exit. Entry price, SL and targets will be decided afterwards. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for informational and educational purposes only.
HLong
by UnknownUnicorn7637383
GAIL_ Positional Long above Rs 134.20_ (1:3) Risk RewardGAIL was consolidating near its support line for 3-4 days. I am planning to go long if it moves above Rs 134.20 tomorrow. The risk reward looks attractive (1:3) Entry: 134.20 SL: 129.90 Target: 149 Important Points: 1. Please note that Rs 150 is very strong "monthly resistance". Therefore, booking profit at Rs 149 level is best for us. 2. Look, whenever the price opens gap up (say 140), the people who bought earlier start booking the profits, Hence, that will not be suitable entry. But, if share open flat, start moving upwards slowly and steady, that's the BEST time to enter at the price I have provided. Disclaimer: Please do you own research before jumping into the trade. Till then just be a spectator and evaluate how the price moves near support. I already have open positions which I may hold or exit at my SL.
NSE:GAILLong
by UnknownUnicorn7637383
3
Is TCS looks Weak? My answerQ: Do you think TCS looks weak on chart? My answer is "NO" as far as chart is concerned. Remember, it must have nothing to do with the fundamentals. As you can see in the Monthly charts of TCS, their isn't a "single low broken" since March 2020. Let's analyze each Month's lows. Mar 2020: Rs 1506.05 April 2020: Rs 1650 May 2020: 1865.20 June 2020: 1981.10 July 2020: 2079.50 Aug 2020: 2216.45 Sept 2020: 2241.30 Oct 2020: 2492.30 Nov 2020: 2600.05 Dec 2020: 2624.45 Jan 2021: 2879 Feb 2021: 2880 Mar 2021: 2901.80 April 2021: TBC Q: Can we short or will it fall if the monthly low is broken? My answer is nope, absolutely not. The stock is still in uptrend. Trend has more importance than each particular candle's high or low. Therefore, it will require massive selling pressure and/or Fundamental Causes to make the stock fall. Disclaimer: The views expressed in this article is of my own, you're solely responsible for any decision taken in the markets. The analysis I've shared is just for educational purposes only.
NSE:TCSLong
by UnknownUnicorn7637383
4
Nifty 50 Bullish above 14700_ Major hurdle 14760_ Lifetime high?Please read each point carefully: 1. Nifty 50 tested 14650 levels around 7 times 2. I am expecting bullishness above 14700 (It must sustain above 14700 for at least 10 minutes). Just look at 16th April candle, it didn't even sustained for 5 minutes. 3. I am expecting "huge bullishness" above 14760 (Because, it break the previous lower highs and recent highs) 4. I am expecting Nifty 50 to test its life time high again ✌ after breaking those important levels. There are some corona related reasons as well:- i. Vaccination starting for above 18 years since 1st May. ii. Corona looks little bit controlled. Look, as more and more people getting vaccinated, the fatality rate will come down sharply (according to my expectations). Lock down lifts, businesses start. Disclaimer: You're solely responsible for your decisions taken in market. I've shared my analysis just for educational purposes only.
NSE:NIFTYLong
by UnknownUnicorn7637383
5
Intraday 26 April_ Colgate Palmolive_ LONGIntraday Trade setup for 26 April I have selected 4 stocks for intraday, not all the trades will get executed. I always place Stop Loss Market Buy/Sell order above or below (for LONG and SHORT) the high/low of the reference candle to make an entry. Trade should be cancelled if not executed between 9:15 AM till 10 AM. It won't be re-entered. Entry: 1515.45 SL: 1510 Target: 1526/27 Disclaimer: The analysis or trade setup is of my own. Please do your own analysis before jumping into the trade. I shall not be responsible for the profit/loss in either way.
NSE:COLPALLong
by UnknownUnicorn7637383
1