Gokaldas ExportsI mentioned details on the charts above.
a) Conservative Trader can wait for some retracement around 437.
b) Risk lovers can go long at CMP.
SL DCB 430.
CMP 462.
Target 547.
Rationale
1) Volume is very high, chart structure is strong.
2) Consistently have been trading above EMA 21 days since 2021 May weekly basis.So seems a good stock following a market structure nicely for more than a year now.
Search in ideas for "dcb"
TV 18 - Marching towards 100?TV18 breakout and retest complete.
Buy at CMP for targets 95-102.
SL - 69 DCB
Views are Educational
GOKEX For long term
#GOKEX
Gokaldas exports
Added for long term portfolio.
Having reputed customers like customers like GAP, Walmart, JCPenny, Adidas, H&M, Mark Spencer, Sanmar, Puma, Old Navy
Past 3 quarters have been good.
This qtr nearly doubled.
Although, Today and prev trade day candle have shown too much strech, hence, better to add light position.
Also, broader marked seems to be overall weak.
So adding pilot position for long term WITH SL AT 390 DCB,
will add more in consolidation or retracement to demand area 330~340.
#vr
BIOCON, strong bounce back. Looks great for higher targets!1. Stock has made a Bearish Flag pattern on Daily Time Frame.
2. Stock was continuously taking support on rising trendline however, yesterday's selling made the stock break down the line.
3. Today, stock has regained the Tl support with good volume with RSI support, classifying the break down as failed break down.
4. 362 would the area of Resistance (TL Resistance + 100MA) thus our 1st Target.
5. Enter above 353 for Target 362/373 with SL below 344 DCB should be an ideal Trade.
6. Consult your financial adviser for investing. If worth it, Do Like, Share and Comment. :-)
Seshasayee Paper - Breaking Weekly CongestionSesha Paper managed to clear a very strong weekly resistance (~195) and closed above it this week. The stock has managed to close at a 6+ month weekly high with impressive volumes (esp on the daily chart). In my view, upside momentum should continue in the short term atleast and the stock is a great trading buy.
Buy Seshasayee Paper at CMP
SL: 194 DCB
TGT: 227-269 (refer the chart)
LGBBROS - Support Retest and Subsequent RiseLG Bala has been gradually moving up since June 2021 in a rising channel as shown clearly on the chart.
Inspite of a sizeable correction in the market, LGBBROS has maintained the sanctity of this rising channel and has tested and held this weekly channel support multiple times.
The stock has finally managed to give a short term breakout on both the daily and weekly charts by closing at a 6+ week closing high.
Buy LG Bala at CMP
SL 580 DCB
TGT 665, 730-780 (channel resistance)
Syngene - breaking out of multi month consolidationSyngene seems to be breaking of an 18 month long (since September 2020) consolidation phase. Apart from a brief weekly excursion As the chart shows, Syngene has managed to close above this strong resistance level with reasonable volumes generating a strong weekly buy
Buy Syngene at CMP and on declines to 630
SL 620 DCB
TGT 740 and beyond
PS: stock faces a minor resistance on the daily chart at ~670. Once this is taken out, the upward momentum will only get stronger
NTPC: Is it ready for a Mega Move?A "W" in making. Would be validated if stock closes above 145. Full support from Volume and RSI.
Trade Setup for Monday.
Entry: Above 145
Pattern Target: 152
SL: 142 DCB
What can be traded?:
1. Can go in Cash or April FUT or 145 CE
2. Or Short 140 PE
Please consult your financial adviser before investing. If you find worth it, do Like, Share and Comment! :-)
All set for huge returns!1. Falling Channel Break Out with Huge Volume.
2. Major action ONLY when stock manages to close above 90.
3. Further Targets: 96/101/113+
4. SL below 82 DCB (Safe SL) or 79 (Risky SL)
5. Trade advised ONLY in cash. Consult your financial adviser before investing.
6. Do Like, Share and Comment!
BANKNIFTY: EXPECTING A HUGE 1000+ POINTS MOVEMENT SOON!1. Dark Cloud Cover on Daily Time Frame. Basically a reversal indicator.
2. Bank Nifty is facing tough resistance in rising trend line with all important support at 34700.
3. Too much resistance to become bullish indicating it's currently in "Sell on Rise" mode.
4. Below 34700 DCB, gates for 32000 will open.
5. For upside, resistances are placed at 35800/36050/36700 which need to be crossed on closing basis.
6. Expect a major 1000+ movement in Bank Nifty soon. Maybe an expiry special.
7. Views are mere speculations. Don't create positions on the basis of this. Consult your financial adviser before any investment.
8. If worth it, Do LIKE, SHARE & COMMENT!
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermCYIENT
On daily Cart, trendline breakout
Buy above 965 levels or at trendline support
for targets of 980-1010 levels
keep SL of 930 DCB
This is short term view, avoid long position in this script
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalL&T Finance Holdings
Stock recently broke upside its almost 4years trendline
If breakout Sustains, then buy above trendline breakout or above 90 levels on DCB
for targets of 10-20% move
Keep SL 5%
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalMGL
Stock after correction making Falling wedge pattern & now in Darwas box trapped
Buy above levels 797/800 DCB
With SL of 755 for positional targets of 835/850 levels
In short term view
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade