Rsibreakout
NATURAL GASNATURAL GAS:- BUY AT 205 AND Accumulation Till 195-200level for Target 240/250++ with Stop loss 185 DCB
#Disclaimer:-I just shared view for only educational purpose.
IDFCBankIDFC FIRST BANK (MULTI YEAR BREAKOUT) :- buy at 43-46 range for target 70++ STOPLOSS 32 WCB
#Disclaimer:-I just shared view for only educational purpose.
TORRENTPOWERTORRENTPOWER:-buy at cmp 330/320 till accumulate sl 260 dcb for target 600+++
#Disclaimer:-I just shared view for only educational purpose.
RAIN INDUSTRIESRAIN INDUSTRIES:- buy on dip 130/140 for target 230/400++ sl 110 dcb
#Disclaimer:-I just shared view for only educational purpose.
RAIN INDUSTRIESRAIN INDUSTRIES:- buy on dip 130/140 for target 230/400++ sl 110 dcb
#Disclaimer:-I just shared view for only educational purpose.
AGRO TECH FOODS (ATFL)AGRO TECH FOODS (ATFL):- BUY AT CMP 800 TILL accumulated 750/730 level for target 1100++ sl 680 wcb
#Disclaimer:-I just shared view for only educational purpose.
ADANIPORTS SHORT TERM VIEW ADANIPORTS POSITIONAL VIEW.
BUY AROUND:- 340-342
STOP LOSS:- 334
TARGET:- 1.365-366
2.375-378
3.388-390
It's FOR ONE MONTH
aggressive buyer can buy @CMP but strict stop loss 334
axis bankshort below 423....
target 1- 415
target 2- 409
if RSI indicator break 47 lvl then short it for the target
macd and rsi both are showing that it will fall
IDFC Long SetupIDFC has broken the resistance of 40 with good volume and also given the RSI breakout.
One can go long CMP (40) for target 41.6 and 43.5 and 46 and more ( as per Fib)
SL 36.9
An investment idea in AUROPHARMA on NSE (INDIA)This is weekly chart of Auropharma with CMP @ 781.40. It looks an excellent investment idea based on following observations:
1. Price during Feb 2015 to Aug 2018 (after massive bull run from Aug 2013 to December 2015) was trading in a range which is shown on the chart by drawing support and counter trendline with arrows indicating multiple supports and resistances.
2. Price then broke out of counter trendline on 3rd Sep 2018 and it then consolidated for seven weeks taking support on counter trendline and subsequently showing reversal exhibited by bullish candle closing today.
3. During the period (Oct 2016 to Oct 2017), resistance was observed at RSI near 60 (as marked on the chart). Finally, it broke out of RSI (60) as shown /marked on the chart. During recent consolidation of seven weeks as mentioned in preceding point no.2 above, RSI tested once again at 60 before rising again. This implies that momentum is still intact.
4. Fibo extension indicates a target of 1335 (as shown on the chart) in next coming 18-20 months which indicates possible return of nearly 70% on investment. Initial stop can be considered below swing low /below counter trend line at 695. This calculates an excellent Risk-Reward ration of over 1:7.
Happy investing. Please share opinion which will help all of us through cross learning...
VOLTAS heading towards 52 week high of 675.30 Good strength in VOLTAS can be seen with the help of RSI indicator and has given a breakout above 588.95. Near term target is it's 52 week high which is 675.30
#TORNTPOWER - Ascending Triangle PatternTORNTPOWER has formed ascending triangle pattern on daily chart. Stock is poised for upside breakout above 286/288 zone. RSI has demonstrated downward-sloping trendline breakout on friday's session with volume.
NIFTY DAILYSGX continues to blow hot and cold thus dictating the domestic trends. We observed that the Daily charts of Nifty has been indicating that the recent decline has reached into strong supports to the ascending trendline. Hence we reckon some rally to emerge in the next few days ahead of the expiry. The key level to watchout for on the downside is 9700 at the moment.
One could use a range breakout of the first 30 minutes of the day and look to trade index on the long side for an intraday play. The prospects of a rebound looks more probable. We are also aided by a resumption of the upward momentum as seen on the charts.
BEL INTRADAY BUYBEL has been a very broad range and going nowwhere but yesterdays close had a bit of volume in it. Tomorrow if BEL crosses 182.80-182.90 levels with good volume and RSI crossing to above 70 levels im going to buy it for targets of 183.95-184.40.
Stops will be at the breakout candle low. If the trade risk reward ratio is uncomfortable its better not to trade it or trade as per your own risk appetite.
BOSCHLTD - BreakoutBosch Ltd. is on the verge of a breakout.
RSI (14) has already broken out of falling Trend line.
Volumes are also above average.
Price seems to be heading to previous highs.
Target 1: 24000
Target 2: 25500
Stoploss: 22800
IRB - BreakoutIRB has broken out of falling Trend line with Volumes.
RSI (14) has also broken out of falling Trend line.
Price seems to be heading to newer highs.
Target 1: 290
Target 2: 315
Stoploss: 250
