Stock is at strong support level , price is now at range and accumulation of share is must happening as volatility deceased
RSI is continuously making Higher High
Possible upside breakout will happen
targets are mentioned i.e 83
lot size = 5700
check out the other ideas as well
FOLLOW & LIKE & COMMENT
DRREDDY's triangle setup shown earlier triggered its stop levels and now has shaped up to be a rectangle that has broken on the downside. Expect a downmove towards 4770 which is the normal target out of a rectangle. support and caution can be expected at 4845 which is the gap support
I WILL LOOK AT BUYING OPPORTUNITIES AT GODREJIND because :
It is forming a kind of expanding pattern .
It has been taking the support of the lower trend line .
Now the price is again at its support level so will be looking at buying opportunities.
Entry : 376
Target : 418/447/489
Stop loss : 344
(Swing / Positional Trade) | RR 1:2+ | Type:- S&R
Reasons To Trade🤔 :- In Weekly Uptrend, Closed Above 200 DMA, Formed Bullish Candle On Support, (Consolidating) It Can Break Upside.
Entry :- 865 - 870
Stop Loss :- 828
Target :- 940 (If It Directly Breaks out Above Resistance, Then You Can Hold It More) Because It Is Consolidating Heavily In Weekly...
NSE:ADANIPORTS | (Positional Trade)
Look For BuY (After Breakout)
Entry :- 368+
Stop Loss :- 350
1st = 388
2nd = 415
(Risk Must Be Managed.)
Keep Your Eyes On Index
Give Me A Thumbs Up...👍
😜Follow For More ✔
NIFTY | Expecting the gap to be sealed @ 11076, NASDAQ was gap up too 2 days ago + RSI bearish divergence in 30 min's time frame.
CMP : 11228
Falling which hopefully can get some dips in good stocks.
Instead of buying PUT can consider selling 11300 CE in Oct 8th expiry.