Just getting a hunch that this could do well in days to follow. Exercise caution and stay true to the stoploss after crossing 2.35
Wockhardt is an age old Indian pharma company which has been in loss since few years. Stock has bounced from strong support and also gave inverted head & shoulders breakout. Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
DBRealty had given a multiyear monthly breakout and had given around 50% move already. However, stock is now retesting the breakout and might come down in range of 150-180. Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone. Such a monthly breakout had happened in Purvankara which doubled in 3 months As realty sector is...
Bombay dyeing is looking strong to give a multiyear breakout. If breakout is successful, we might see explosive moves in this stock. Hence, prebreakout entry is always beneficial since we get better risk reward as well. Medium probable setup and bad technicals of company are red flags which makes this idea more riskier. Not a recommendation, just a personal opinion.
Alicon has given ATH breakout after 6 months of consolidation. Stock can give almost 300 points move if the breakout is successful. ATH breakouts are risky. Book profits quickly. Not a recommendation, just a personal opinion
Realty sector is booming with most of large cap stocks already crossing its ATH levels. Purvankara projects is one of the best trade in realty sector which can give you 2x returns from here. Stock had given volume breakout and has retested its breakout last week. If we see a continuation move from here, big targets can be expected. Please note that realty sector...
Cartrade has given outstanding Q4 2024 results and bullishness in the stock is indicator of same. However, these stocks come with good amount of risk with bigger rewards. Stock has formed beautiful cup & handle pattern and is about to break it. Once 1000 is crossed, we can see ATH levels soon. I had seen similar breakout in PBFintech (Policybazaar). If you...
Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years. If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC. Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
SPARC is a loss making company, hence this is purely a technical pick. Stock has given beautiful trendline breakout and is in consolidation since breakout. Above 400, stock can fly to ATH. Risky traders can enter at CMP for better risk reward.
Easemytrip is one of the highest beneficiary of growing tourism in India. The stock has phenomenal sales growth of 45% in past 3 years. New age companies are risky investment stocks but this stock looks best among all. Stock will fly once 52 is crossed WCB I have used fibonacci retracements for targets.
A penny stock idea with extremely risky investors having excess disposable income. A monthly closing above 60 will open doors for U-turn. Levels mentioned. There is no confirmation for same. I do not invest in such stocks. But the price action is suitable for 2x returns.
The infamous stock of Paytm which was the largest IPO at the time of its listing has eroded IPO investor's wealth by more than 50%. However, the strong has been consolidating from quite few months now. We have seen multiple buybacks from the founder and promoter in this stock during the same which was a positive sign. However, near the release of Q4 2023 results,...
Cap and hold pattern at higher time frame Entry above 32.50 Stoploss 21 Expected more than 30% returns Targets 40,45,50+ Remember its a small cap stock Only for educational purpose.
Fundamentals are decent ,charts showing big breakout High risk stock Buy on dips until trading above 20rs SL 13 # Multi year breakout stock breaking out of resistance of 2008 # Breaking out with good volumes # 0 debt company # 75% promoter holdings (GOOD) # Company net profitable # Reserves increasing
NEOGEN CHEMICALS RISKY TRADE BREAKOUT RETRACEMENT DOJI FORMATION CAN GO FOR 1:2 AS SHOWN ION IMAGE WITH DOJI LOW AS SL,it is breakout trade with reversal candle + again reverse trade with cobnfirmation od doji high touching todays candle go for buy with 1:2 risk hai tjho ishk hai
Apollopipes is looking strong for a breakout even in this bear market. We can see around 10% move when breakout of triangle pattern is completed and sustained. Buying at resistance can be risky, especially in such market.
The setup is clearly shown on the charts, especially the risk-reward ratio is good. Only for learning and sharing purposes, not a piece of trading advice in any form. Always keep your losses in your control. All the best.
All levels are mentioned on the chart. This setup is to understand supports and resistances according to trend lines. Only for learning and sharing purposes. Not a bit of trading advice. All the best.