Arvind Ltd is in consolidation for some period. Today the stock has formed a strong candle in the consolidation zone and it looks like the stock can give a good upmove. Low Risk High Reward entry.
Indusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago. I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5 Kindly note that...
The stock has been consolidating for some time. Today it tested its previous breakout level and has shown some strength. Can be used for low risk entry with higher reward
BankNifty Next week view another 1000 points movement
Stock took support at 20 EMA. Today has shown a good candle. Low risk pullback entry possible
tata motors can give a pullback before a strong rally
Maruti Suzuki is forming a beautiful inverted head and shoulders in the weekly time frame. Once broken at 8500 it will give a short term targets of 10000 and if that is broken a good target of 13000+ levels are possible ( This is the possibility based on the technical approach although the semiconductor issue may be there till the mid of 2022) This stock deserves...
Price action shows it is up for reversal. it retested the support with less volume. RSI looks strong in multi timeframe analysis.
Kotak Bank has given a breakout after a consolidation of more than 100 days, price has also taken support from 20EMA forming a BUllish Engulfing candlestick pattern. According to fibonacci retracement, price was trying to break the 50% resistance line and today it has successfully closed above it. Price can move further if it sustains itself above 1830 level,...
After a BOS there is a pullback of the previous OB, where the entre could be taken. The R/R is 1/4 for the account. I hope the price is gonna break that support which may have a lot of liquidity.
MANGLMCEM Pull back, entry with tight SL, Good Risk to reward ratio
Pfizer @ Nice Support & rejection candle, watch for reversal. Support line will be SL.
CHOLA FIN give n good breakout ....wait for retesting support and buy with confirmation
INDIGO broke out of its 1900 ATH zone last week. The price then pulled back to 1900 and has exhibited continuation pattern today. Fresh longs may be initiated for the continuation trade in the direction of the breakout.
Buy @155-160 Target 180+ SL - <145 Bull on this stock. You can go with Eqty/Future for sept.
#pulback Pullback with high volume in alembic Ltd Happy Learning
Breakout on Bse Pullback Trading Tringle Pattern Breakout
#MAHLOG Mahindra Logistics- CMP: 784.95 1.formed rounding bottom pattern, 2. good Volume supported the strong up move 3. Rsi> 72 4. Stock near its 52 weeks high range 5. if in next trading session opens positive and is able to sustain 1st 30 min then one can look for its previous swing high target 6. seen increasing Volume and delivery % and Deliverable Qty