With quarterly sales increasing by 24% and quarter profit increasing by 64%, NSE:ORIENTBELL posted good set of numbers and the share broke out of a 6 month old trading zone. It came down to its support at Rs. 421 and now bouncing back. It's a good buy at this level with a stop loss around Rs. 420. Either sell below the stop loss or when the share closes below...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. First sell on initial stop loss hit or close below supertrend After a consolidation since 17th Apr'15 NSE:NDTV today with high volumes. YOY quarter sales increased by 10% and YOY quarter profit...
golden pocket and previous day naked point of control aligned perfectly on this one, do learn more about chart champions cuz they are the only traders who can find these complex levels and strategies. if your analysis involves golden cross then we cant be friends😒😜
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. First sell on initial stop loss hit or close below supertrend After posting a quarterly sales growth of 44%, a quarterly profit growth of 58% and OPM improvement from 41% to 43% NSE:NBVENTURES ...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Either sell on initial stop loss hit or when closes below daily supertrend With quarterly sales increasing by 105% and quarterly profit increasing by 363% NSE:ADVANIHOTR gave a breakout with very...
Nykaa has been into parallel channel since nov 2021 and now it has formed big supply zone for bulls. this has became bearish for near term
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price) 4. Either sell on initial stop loss hit or when closes below daily supertrend With YOY sales growth of 25% and YOY profit growth of 35%, Rupa may give high volume breakout tomorrow after a...
This is based on TCS quarterly result it has announced a profit
We are up to the 2nd week of expiry and the nifty is above 18000. On Monday, Nifty opened with a gap up and gave a good up move and closed just above 18,000. Today it sustained the 18000 consolidation between 100 points. It's encouraging to see that more bull runs or breaks below 18,000 are on the way. Because we know there is a lot of data on the way, we can...
Crude prices has been continuously rising, and the immediate benefactor is the natural gas. With tremendous pressure on energy global supply chains gas companies are struggling to fulfil the outgoing demand. ONGC, which has also seen a hike in gas prices have reported record profits for this quarter. I have been bullish on ONGC since 110/- levels. And the reasons...
STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...
STOCK MARKET MYTHS - There are many misconceptions people have about how stock market works and how it actually works. In this series we burst these myths or clear misconceptions so people can make wiser decisions in trading/investing. Myth Number 1- A stock will go up after good result. Reality - A stock may fall big even after very good results. Taking...
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
Price - 218.75 Dt. - 29.10.2021 Since 17th Aug. stock is facing resistance at 219 levels. On 29th Oct. stock tried to break the level but failed and closed at @218.75 with higher than average volume. The stock also performed well when all indices decided to close in red. Looking at the buying volume we can safely say that the traders are expecting a good...
Bank nifty is near its swing high, it may take a correction or take out the supply zone with the short covering moves. Here we analyze the PSU bank index, Private bank index, and ICICI bank to see what could be the scenario on Monday. Today, we have ICICI bank's results which decide the Bank Nifty's run. In the above image of the PSU bank index, we can see...
Supreme industries' results came out positive and the price is near the potential reversal zone of the XABCD bullish shark pattern. The targets and the stop loss is mentioned on the chart. Happy trading :) This is just for educational purposes.
Reliance Industries are out tomorrow. The stock has fallen more than 3% to test the potential reversal zone of the harmonic pattern XABCD or the demand zone. As we can see, in the last hour price has bounced off the zone with good volumes. The price has to stay above this zone or else it could test 2500 or even lower by the long unwinding. If sustained above the...
BUY INFOSYS ENTRY & EXIT LEVELS MARKED ON CHARTS PS: ITS A PURE SWING TRADE PICK FOR NOW TO CATCH THE RESULT RALLY Disclaimer: All charts are for educational purpose. Kindly consult your financial advisor before investing.