DLF is heading towards a broader resistance of 310 and if it breaches that (within the day or day closing), one can hold it for a good target of 340-350.
Previously we attempted to find short opportunities in DLF, but we could not find the opportunity to sell it as it didn't form a pullback but went straight up (reverse bullish). Now that it has breached its...
CSBBank looks like taking a good upward move in near term. Enter the trade at current price around 351, for a target of 373 in 7-8 sessions and for a target of 404 within a month.
Also place your SLs as marked in the chart.
TCS looks bullish. Had high volume positive trade in last session. Can be entered to tap immediate average move for a target profit of INR 75 with SL of 54.
I would suggest instead of placing a Target profit order, put the trailing SL order, and this is because USD also seems to be rising against INR and that could further give TCS a further...
Warm Greetings! With CCI jumping over 70 and CCI above 253, Ashok Leyland appears super bullish. If the 2 hourly candles close above 132, in the next 2 sessions, then the positions can be entered. between 132-133, for a week-2 week target level of 144, with SL of 124.
* Buy at 133
* Profit at 144
* SL at 124
United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout.
1) PRICE ABOVE 30 DAY SMA
2) RSI IS MID-RANGE
3) MARKET LEADER IN INDUSTRY
4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS.
5) COMPANY WITH LOW DEBTS.
ION EXCANGE, is a fundamentally good company.
It has given a weekly breakout & took support on the trendline.
It can go on consolidation for 1-3 days before giving a fresh breakout or it may straight forward break the level today.
All levels are marked on chart itself.
ALL ANALYSIS ARE FOR EDUCATIONAL PURPOSE.
Here In this chart, the stock is moving near the support line. No crashes are there for short periods of time. Bollinger bands are at their half position. We could expect big bullish candles in near future. You can buy it for a long.
Keep trading, at least try paper trading. Have a profitable next day. Don't forget to follow. And If there are...
As clearly seen, stock has completed the inverse head and shoulders pattern on weekly charts and is ready to give a breakout if it breaches the current market price. Fresh position can be taken on these levels with the stop-loss of 85 for the targets of 135 from here.