#SUNDARAMCLAYTON #BOOM BAAM #23/10/21BULLISH .
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
Resistancebreak
TEGA Industries B/O and reversal from bottomThis stock has made double bottom in Daily time frame and has reversed the trend.
The stock is trading with good volumes so liquidity wont be an issue.
the stock is new to market as this was listed recently through IPO window and has created a great returns through listing gains.
profit booking in the stocks by big players led the stock to decline. now it is slowly gaining the momentum.
Place strict stop loss according to your risk appetite and holding period.
do not allocate major chunk of the capital to any stocks, diversify your investments across various sectors and caps.
This is not a recommendation.
this is my view for the stock I and urge you all to do your own research and analysis before investing.
Note. Nifty has been in a bull rally since few weeks now and a small correction can be seen in coming days. A red candle bigger than previous one day / two days candle is the sign to sell and to save the capital. (applies to all short term positions of the trade) once the capital is saved we can take another trade at any time. Cutting the losses is the key.
I have attached below the links for related ideas, please have a look and share your opinions on that in the comment box below.
Thank you see you soon with another idea.
UPL respects its uptrend !UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline.
UPL has given a double confluence
1. Rejection candle and respect of the long
term trendline
2. Golden Cross( Crossing of 50EMA and 200EMA)
A long position can be taken on break
of the resistance zone
Risk To Reward of 1:2 or a more riskier approach would be if trendline is broken.
Keep It Simple
Bandhan BankBandhan bank gives a bullish signal today due to following reasons.
1. crossed and closed above @ 289.45 which is a resistance for last 2 months
2. on daily basis, closing price touched upper line of bollinger band, which is usually a bullish sign.
3. Supertrend likely to change its trend.
4. keeping a stoploss as a support.
#NationalAluminium ascending wedge breaking outside resistance#NationalAluminium ascending wedge breaking outside resistance
The stock seems to be breaking out of a previous resistance zone within an ascending broadening wedge patterns where
swing trading opportunities till upside of channel now.Wide range bullish breakout candle and momentum and trend give
Indication that price could be heading ahead. Stop loss below alert candle and entry above it targeting channel top could be good
be good.






















