DVL has given a Strong up move in a similar fashion as how it has done in the recent past as well. The structure of the price movement in this stock indicates there is a good chance for a decent gain in the near term.
Fairchem appears to have completed it's pullback and is currently in a good entry level offering attractive Risk Reward. Entry can be above the high of today, with proper risk management.
Gati is looking very strong here. Near to 200 EMA &strong volumes from past few sessions. In my view we can easily witness levels of 190-200 levels in short run & 220+ levels in mid to long run
LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes. LONG ABOVE : 1505 STOP LOSS : 1469 TARGET 1 : 1541 TARGET 2 : 1577
LG Brothers had posted a stellar results that reflected with a parabolic move in the stock. Subsequently, the price is now on retracement and currently it looks like the retracement is nearly complete and the stock is now ready to move up. Keep a close watch on the PA and then can time your entry appropriately at the price level of great value.
SBIN showed a breakout and may get into consolidation or retest but continue the bull run. levels are mentioned on the charts
NSE:SBICARD has approached the 200SMA on Daily chart and is not too far away from 50SMA on Weekly. As highlighted in the chart, we can see a confluence of support zone and FIB level. A confirmation candle might be needed, but it looks like an interesting long setup, especially if 900 is retested and held. Target can be around ATH which is ~15-20% away. Price...
SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA, a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes. LONG ABOVE : 4226 STOP LOSS : 4173 TARGET 1 : 4279 TARGET 2 : 4332
ADANIENT is maintaining its uptrend structure by continuously making higher lows. It ahs completed a pullback to its 20 EMA and has closed with a positive candle today and decent volume . Keep watch on it for upward continuation. Initiate trade only when price sustains above 1504 for at least 15 minutes. LONG ABOVE : 1504 STOP LOSS : 1330 TARGET 1 : 1676 TARGET 2 : 1848
After forming a rounding base, Somany Ceramics is now forming a text book pullback pattern with price consolidating in a narrow range above the base. The resistance turned support line has not been violated during this period of consolidation and volume is drying up, just like how it dried up during the base formation. The company is likely to announce it's...
CMP- 1021 SL- 929 Target- 1133 19/5/21 - EMA's positive, major support from 100EMA - Respecting long term trendline (bounce from trendline) - Respecting 100EMA - can test ATH - 1:1 RR only educational purpose
TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. It was unable to close above 1150 for a number of sessions and has finally broken out past that level on a closing basis. Keep an eye out for levels of 1245 and beyond.
AJMERA realty did breakout at its crucial 155 resistance zone a few days ago from where it pulled back. Now seems like the pullback is complete and its heading back toward the resistance zone. We can start building bullish position, preparing for the breakout.
Target 155-160 levels once 150 is broken Chart is self explanatory however please use Comment section for any clarifications, Thanks !!
Nifty View: The benchmark Nifty index reciprocated well after yesterday’s fall with a steady 90 odd point gains in today’s trading session. It has been a stock-specific market with high-momentum moves coming in today from Financials and Real Estate. Going forward if the index has to hit a new life high then Financials & Banks will participate - stocks like HDFC...
HDFC Bank has given a beautiful breakout from the descending triangle, then retested and again risen. Today it has resisted 1511 level. If price falls we have support of 50 EMA just below. A support from the 50 EMA can be traded for the first target of 1511. If HDFC Bank rises from current level and closes above 1511 to give a breakout from 1511, it can be traded...
SL Below Horizontal support on DCB Trail Target
* Pullback after breakout with low volume is a sign of bullish .