Dmart has been consolidating in an ascending triangle pattern since it had tested its strong demand zone of 3200-3300. Stock managed to give a weekly closing above the resistance of 4200. It is a high risk, high growth stock, so trade accordingly. Valuation at current price is not good for investing. Stock can touch ATH if we see a bullish market again.
FACT has shown an amazing rally post breakout of 200 levels. Stock has shown an healthy retracement upto 38.2% and now showing signs of reversal. Risky traders can keep this in watchlist as stock is in mad bull run and can show quick moves. Please like and follow if you love my analysis.
RBL bank has been bearish since past few years. Stock is showing strength and some signs of reversal. Breakout Entries are always riskier. Levels mentioned on chart. A consolidation above breakout zone is always a good sign.
#IDBI IDBI Bank TOO RISKY TOO TOO RISKY But tempted to add it in parts with SL of 45 on WCB. Not a short term play. #vr
📊 Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Breweries & Distilleries Key highlights: 💡⚡ This stock pick is according to my study. I have use few indicator that is BOLLINGER BAND MACD RSI DOUBLE MOVING AVERAGE VOLUME 📈 Script is trading at upper band of...
Buy around current price. SL @ 500 on closing basis. Target- 550,565,585 *Note- Only for educational purpose.
Sagar Cements Risky Call Stock after correcting from its recent highs, continuous making lower highs and lower lows. And now at its strong support levels. Buy if sustains above 230 levels and further buy more if sustains above 250 levels This are good fibo levels also, to test. Target for postionally 280/295/305 levels Keep Sl of 215 levels on closing basis....
SURYODAY SMALL FIN BANK RisyCall Recent volume coming Short term call Buy near 152 SL 138.50 TGT 160/170/180/190 Partial profit booking starts from 170 ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
MINDTREE | Flag above the channel - But stretched above the area of value. However the flag consolidation looks convincing for 20-25% ahead of the results. CMP : 1979 SL : 1920 Target : Open or Minimum 1:3 or Flag pole length size which is 25%
BHARTIARTL | Can we call it as Cup & Handle formation? CMP : 528 SL : 495 Target : 600 I'm going long based on, 1) RSI positive divergence with price consolidation last 11 trading days 2) My visualisation of Cup & Handle ( Although it is not formed yet) 3) Simple 1:3+ risk reward setup
SUMICHEM | Small risky trade - If worked can see 12% - Good risk reward CMP : 275 SL : 268 Target : 310 1:5+ risk reward setup
BANKNIFTY | Looks like losing momentum Aggressive players - Can try shorting near 29550 zone, with small SL. Conservative player can short below the channel. Double Top, RSI Negative divergence - HDFCBANK looks weakening.
COLPAL is an upwards trending stock. It is struggling to breakthrough its weekly resistance ranging from 1440-1455. It has though formed and Inverse HandS pattern thus an up move can be expected from current level as we see quite a number of downward rejections by the stock. Trading strategy:- Intraday traders: Enter the buy positions at 1425, 1420, 1415 with...
Accumulate close to triangle slide if opportunity provides Target = 1690 = 5.6% SL = 1470 = max 2% *DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
DHFL it has fallen from 680 levels to Rs,5. and moved from 5 to 18. This is a very risky trade and not a short term trade. Since last year DHFL had stopped giving loans to customers and sacked most of the staff. Some of friends are and were working as branch managers in DHFL since last 5 to 6 years. As of now DHFL has started giving loan to it customers since june...