Wipro India ; Study and forecast Wipro doesn't look good to buy at current level as it continued going down after some short covering .
As we can see wipro is again sending some alarming signal, After few short covering session it broken down the channel then sitting at head Nd shoulder which is yet to be confirmed.
If goes down below 380 in couple of days then it mY retest the strong buy zone between 360-370₹
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Neuland Lab: Fundamentally and Technically Strong BuyA Very Interesting Pattern in this lesser known share:
An all-world-engulfing green candle on the day of Earnings.
Very high volume breakout
The 50 MA about to crossover 200 DM, a perfect entry.
And the result .. it's awesome:
PAT doubles (YoY), 4 times (QoQ)
EPS doubles (YoY), 4 times (QoQ)
Trade : Buy and Hold with a SL of 1610.
BankNifty Intraday Trade Setup for 20th May 22 (Trading Idea)After a vast Gap Up, we have seen some strong buying happening and the market is moving towards the upside, how long will this continue? so what should be our trade plan for the day? The chances of delta moves is very high.
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The chart is for study purposes only!!
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SHYAM CENTURY FERROUS : Upward trend with good buying volumeNSE:SHYAMCENT shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 1: 40.75
Target 2: 50.75
Stop Loss: 30.70
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Colpal Long (14 Mar)Colpal Long (14 Mar)
RSI- 50
we can see support at 200 week EMA
Strong buying with good volumes seen last week
Buy at CMP- 1498
SL- 1390
Target- 1630, 1728 and more
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Charts and views are only for educational purpose.
TV18 Broadcast Cmp 72.45 dated 26-4-2022 STRONG BUYTV18 Broadcast Cmp 72.45 dated 26-4-2022
1. Bullish Engulfing Candle made.
2. Volume Surge.
3. RSI Divergence.
Buy for a tgt of 78-82-88-92-107 SL 67
It is just a view, pls trade at your own risk.
5436 Reversal possible and support playSL COmpulsory
Price at support level and price has fallen vertical down and immediate rise is not possible, but it can consolidate and may reach the 123 to 128 level to shake out the weak players. Hence current level at part buy and 123 to 128 is strong buy for long term investment with 15% as sl for one year duration.
upside potential of 35% from the current levels.
Support play
GHCL - A Strong Buy CandidateThe Stock has given a breakout today but due to markets taking a pause the stock could not sustain at a higher levels. A good opportunity that is arising to buy the stock at a previous BO re-test which is around 455 and the stock can be exited if it breaks the 0.618 Fibonacci level which is around 415. The stock has a potential to give 15-20% from here.
UPL LongUPL
CMP:721
Targets could be all time high in 3-6 months
Flag BO on cards
Volume contraction after massive historical volumes
Promotors buying from Open market
Accumulation from long time in chemicals
Wave 5 will start now
695-700 strong buying zone which is resistance turned support
For education purpose only
NIFTYImportant Levels for 25-11-2021.
The index was definitely the weaker of the two indices and was stuck in a small range of 50 points before the bears gained complete control and closed strongly.
17350-17360 had seen good buying yesterday and will be a important zone to consider tomorrow.
If we open slight gap up or flat and start trading below 17350 we can take a short position with a SL of 17375 and aim for targets of 17310,17270 and 17250. The SL needs to be trailed aggressively once we trade below 17300 as we had witnessed strong buying yesterday at these levels.
If we see open flat and start trading above 17360, risky traders can look forward to take longs with half of normal quantity and aim for targets of 17440 and 17480. Safe traders avoid longs and wait for negative price action in the range of 17440-17480 and once we see a -ve candle well supported by volumes we can enter with a SL of 20-25 points and aim for initial target of 17360 and then targets mentioned above.
Option data as of now indicates 17300 and 17500 to act as good support & resistance respectively.