Lupin : trade set up : 1. buy with stop loss as 922 on closing basis 2. targets : 1057/1121/1266+ technical highlights : 1. demand zone 2. support (multiyear) 3. value 4. trend line (support) note : stock is trading at multiyear support zone . intermediate trend line support . also trading near 88.6% fibonacci reversal zone . ema at 20/50
L & T : CMP 1510 trade set up : 1.buy above 1568 2.keep stop loss as 1448 on closing basis 3.expected target 1668 / 1848 4.time frame 2 to 3 months technical buy buy based on : 1. multiple time frame analysis & multiple resistance price breakout
reliance : 2108 highlights: trade setup : 1. buy above 2133 2. keep stop loss as 2082 on closing basis 3. targets 2153/2207/2245/2280+++ technical buy based on : 1. rectangle 2. triangle 3. breakout concept note : stock trading in consolidation phase in a rectangle inside triangle pattern . good base formation seen for a breakout above 2133 price levels. higher...
CUMMINSIND : CMP 857.95 trade set up : 1.buy above 858 . 2.keep stop loss as 815 on closing basis. 3.targets : 908/935/970+ 4.( buy / targets ) based on inverse head & shoulder breakout. 5. volume near breakout price are on higher side.
auropharma : trade setup : 1. buy at 852 to 850 2. keep stoploss as 828 on closing basis 3. targets 898/921/949/979+ technical setup: 1. parallel channel 2. demand zone 3. fibonacii reversal zone of 78.6% 4. trendline support
banknifty : cmp 34809.90 technical buy based on : 1. flag pole breakout . 2. trend line breakout . trade set up : 1. buy above 35620 . 2. keep stop loss as 33886 on closing basis . 3. targets : 36554/37763/39626+... 4. time frame after breakout 2 to 3 months
waterbase : 124 trade setup: 1. buy above 128 2. keep stop loss as 111 on closing basis 3. targets 145/164+ key technical highlights : 1. symmetrical triangle 2. rectangle 3. breakout concept . note : stock price trading in compression zone . any time breakout expected . dry volume during price correction / consolidation . & good volume seen in previous...
TATA CHEMICALS : CMP 767.70 trade setup : 1.buy till 743 2. keep stop loss as 717 3.expected target 792/835+ technical buy based on : 1. inverse head and shoulder breakout 2. good volume at breakout levels . 3. multiple resistance & time frame analysis note 10% to 15% target in short time frame of 2 months possible
jswsteel : 763.25 trade set up : 1. buy above 766 2. keep stop loss as 735 on closing basis 3. targets expected 860+ technical buy set up : 1. rectangle 2. double top breakout 3. volume note : good bullish structure with stock price & consolidating before breakout . with technical there is additional good results (Q on Q) time frame one month.
sail : 141.30 trade set up : 1.buy above 145 2.keep stop loss as 120 on closing basis 3. short term target 175 breakout long term targets 199/240+ technical set up : 1. resistance breakout 2. multiple time frame analysis 3. volume 4. value in sector note : stock has recently done breakout of 11 year price zone retested the same , consolidation of price...
hcltech : 1005 trade set up : 1. buy up to 984 2. keeping 959 as stop loss on closing basis 3. target expected : 1045 ( breakout again above this price ) / 1202+ technical set up : 1. rectangle 2. breakout retest 3. volume 4. multiple time frame analysis 5. support and resistance
SBIN : 424.40 Trade set up : 1. buy above 442 2. keep stop loss as 400 3. targets : 485 / 566+ Technical buy based on 1. cup and handle breakout 2. multiple resistance price breakout time frame 1 to 2 months for target 1 time frame 3 to 4 months for target 2
ULTRATECH CEMENT : CMP 6933 Technical buy based on : 1. Multiple time frame resistance breakout . 2. triangle breakout . 3. cup & handle breakout . 4. high volume near breakout price zone . Trade set up : 1. buy above 6695 . 2. keep stop loss as 6678 on closing basis . 3. targets : 7566/8038+ .
britannia : 3441 trade set up : 1. buy in range 3426 to 3441 . 2. keeping stop loss as 3360 on closing basis . 3. targets : 3501/3603/3709/3836+ technical buy based on : 1. trendline support . 2. symmetrical triangle . 3. price action at lower trendline support .
Godrejprop : cmp 1433.75 Trade set up : 1. buy above 1450 2. keep stop loss as 1378 on closing basis 3. targets : 1576/1698+ 4. shorter time frame of 1 to 2 months Technical buy based on : 1. bullish flag & pole breakout pattern . 2. volume increase at breakout levels . 3. price resistance breakout .
sunpharma : 694 trade set up : 1. buy above 694 2. keep stop loss as 680 on closing basis 3. targets 710/721/781 + technical buy based on : 1. rectangle 2. rounding bottom 3. multiple time frame analysis 4. breakout concept
VEDL : CMP 272.25 trade set up : 1. buy above 274 2. stop loss 269 on closing basis 3. target expected 296.40+ (weekly pick breakout swing trade) technical buy based on : 1. symmetrical triangle pattern. 2. breakout buy
tataelxsi : views / trade structure explained in charts