RELIANCE - Strong BUY for 17% potential profit NSE:RELIANCE has shown breakout with higher volume.
There is 17% potential profit opportunity with RR>4.
The MACD is bullish.
The stock has shown breakout after consolidating for last four months. There is high chance that the stock would change the direction.
Search in ideas for "STRONG BUY"
RELIANCE - CONSOLIDATION - BUY IN DIPSReliance has been looking weak in the last 2-3 weeks with a lot of negative sentiment. Price has been trading lower providing long term investors with some very good entry points during the trading session.
Breaking the 2000 sentimental price will require some strong buying in the coming days.
PNB ready to 51+ Target after parallel channel breakoutIn today's session, we have seen a strong buying volume in PNB near the breakout level of 38.70. After a breakout of this parallel channel, getting the next target according to a pattern is 51+. Possible this stock can trade above 59 in this month.
Possible Trade:
Buy PNB Above 38.50
Stop-loss - 35
Target 51 59+
BHARTIARTL - Strong BUY for more than 20% potential profitNSE:BHARTIARTL has gotten BUY rating from 6 various brokers for 600+ target in last 2 months . The stock has shown a breakout with higher volumes . MACD is bullish. EMA20 is greater than EMA50 indicating in bullish trend. The RR Ratio is also greater than 4 , which is very favorable for the tread.
Buy Bandhan Bank - Book 47 points profit in 10 Business days 1. Almost forming Inverse Head and Shoulder pattern(blue marker)
Strong buy trend in last leg
2. Broke 2 consecutive trend lines(red)
3. Expecting good upward move post US presidential elections
4. Ex CEO Re-Appointed
5. Rise in Advance and Deposits in Sept Quarter and YoY
UPL - Strong Buy for 26% Return in a Short TermNSE:UPL has a breakout on daily chart with a high volume. It can be a perfect buy for a short term (2 to 3 weeks) with 26% return potential. The RR ratio is greater than 3.6. The MACD is also bullish for last several days indicating the strength in the bullish trend.
Tata Steel, Strong Buying in late hours!Tata Steel closed above 400/- . Touched low of 394 intra-day. V-Shaped recovery seen amidst huge volatility. Gave easy Rs.6/- from the closing high of buying divergence (yellow) candle. If the momentum continues stock can touch 420 – 425 levels in near future.
Indicator used TE REKAB, it captures reversals in the market.
#TradingEdge Academy
The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple !!
Bharti Airtel, Strong Buying momentum!Bharti Airtel closed at Rs.419. Gave Rs.12 from the high of buying divergence (yellow) candle. Can move to Rs. 435 levels in case the momentum continues.
Indicator used TE REKAB, it captures reversals in the market.
#TradingEdge Academy
The Indicator used shows Reversals forming in live market, it is a whole setup in its own and is very helpful for beginners. Contact : 8433624173 for more.
This is my personal study & idea. Please take advice from your financial advisor before taking any investing decision based on above chart.
Happy Investing !
PS: If you appreciate my study, pls leave a like. My funda is to keep trading simple !!
NAUKRI - WAITING FOR THE UPPER BREAKOUT!#NAUKRI
SAW A STRONG BUYING TODAY AFTER IT TOOK SUPPORT FROM 200EMA.
ALL TECHNICAL INDICATORS ARE BULLISH.
BUY ONCE THE CHANNEL IS BROKEN AROUND 2925
SL 2875 TSL 100EMA
TGT 2945/ 2980
KEEP AN EYE!!
NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Technical Call : Buy NAM India Ltd.NAM India Ltd. has made higher bottom on daily charts after making double bottom around 210 levels. RSI is also showing strength. Risk reward is favorable at this level.
We are recommending strong Buy around 245-247 with Stop loss of below 225 (Closing basis) for Target of 280 in next 6-8 weeks.