Crompton stock has been largely underperforming due to poor results. However, stock is now looking strong technically. Weekly breakout is done and we can expect targets up and above ATH if broader market supports.
1. Trend Bullish 2. Set up: Reversal 3. RR: 1:8 minimum 4. SL lucrative with less them 1.5% of CMP
1. Set up: Reversal 2. Trade Idea: Inverted H& S 3. RR: 1:6.5+ 4. Strong closing is important
1. Set up: Breakout 2. Trade Idea from triangle breakout 3. RR: 1:5 4.Trend: Probable reversal
GRInfra has given a symmetrical triangle breakout of a big consolidation. Stock has been underperforming since quite few years and stock can fly if breakout is successful. Stock has got amazing fundamentals and is a gem stock for long term. Investors who believe in India's infra story should not miss this stock.
Logic:-RSI positive divergence near trendline support followed by Consolidation breakout Epigral is yet another chemical stock showing reversal signs. It has got decent return ratios (ROE , ROCE above 30% ) and PE ratio of 18 at CMP. Relatively safer stock to bet as technofundamentals are strong together. Happy trading!
1. Trend Bullish 2. Set up reversal after consolidation 3. RR: 1:6+ 4. Probable false breakdown and reversal
1. set up: Fib reversal point 2. Trend Bullish 3. Strength strong 4. RR 1:3
1. Trend Bullish 2. Set up: reversal from support zone 3. RR: 1:8+
1. Trend Bullish 2. Set up double bottom at support area 3. RR: 1:9.9 4. SL lucrative
1. Long uptrend taking support at TL 2. First pull back after straight upside move 3. RR 1:8+ 4. 2 target levels for partials profit bookings and pyramiding
1. Set up: Reversal 2. Trend Bullish 4. SL lucrative with less then 3% 5. RR 1:9.5+
1. Set up: Reversal from supporting TL 2. SL risky but if trade works out RR will be extra ordinary 3. Set up is risky but with 30% accuracy RR is way to good with such set up 4. If SL hits also, this chart will take SL's and will reversal high probability
1. Set up: Reversal from supporting TL 2. SL risky but if trade works out RR will be extra ordinary 3. Set up is risky but with 30% accuracy RR is way to good with such set up 4. If SL hits also, this chart will take SL's and will reversal high probability
1. Trend: Sideways 2. Set up: Reversal from support zone 3. RR: !:8+ RR 4. 1 Year consolidation zone, it could be re accumulation or could be distribution, will know after breakout or break down. 5. For now can trade in sideways zone
1. Set up Reversal from Fib 61 Levels 2. Trend: Bullish 3. Sl follow on closing basis 4. RR: 1:10+
Tejas networks is a loss making multibagger company which has been consolidating since few months. If stock breaks 800, a support reversal can be confirmed and new ATH can be expected in stock. The stock is a multibagger stock which can repeat its performance if market is bullish. Only Risky traders should keep this in watchlist
NIFTY50 (1W TF) UPDATE - 15th April, 2024 Pattern: ASCENDING CHANNEL - Reversal at the top of the Weekly Channel Resistance - Done ✓ - Might expect more of a fall in the Indian markets, mainly due to the US markets sell-off on Friday - Geo-political tensions due to the Israel-Iran conflict might also have some repercussions - Volatility is going to be high -...