Setup
BHEL --INTRADAY SETUP-- 21/11/2022BHEL --15 MIN CHART -- INTRADAY SETUP -- 21/11/2022
1. Trendline breakout seen on 15 min chart above 70 level
2. Triangle pattern formation and triangle breakout also seen at same level
3. Stock seen consolidate at this level after sharp rise from above 50 level to 75 level last few days fall around 70 and look like ready for upmove again
4.Triangle breakout candle seen last 15 min closing candle .
5. Trix line seen positive crossover around center line ( 0 line )
6. one can initiate intraday BUY around 70-70.75 level for intraday target 71-72-73 stop loss can place bellow support level at 68.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!
HAPPY TRADING . !!
JSW STEEL --INTRADAY SETUP -- 21/11/2022JSW STEEL --15 MIN CHART --INTRADAY SETUP --21/11/2022
1. JSW STEEL on 15 min chart seen double bottom support formation at 700 odd level
2. Trendline breakout seen on 15 min chart at last closing hiekin ashi candle
3. stock seen upper channel currently where support of channel form at 705 level and resistance 715 -720 level , same as take as intraday support and resistance
4. trix line shown positive crossover .
5, one can initiate buy 705-708 for intraday target 715-720 -725 stop loss bellow double bottom line at 695
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
HAPPY TRADING .!!
PAYTM -- INTRADAY --SETUP--18/11/2022PAYTM -INTRADAY --15 MIN CHART --SETUP --18/11/2022
** paytm chart setup shown on intarday basis for today ..15 min chart shows BUY INITIATE above IF terndline breakout 545 for target intraday 550-555-560
** Sell bellow 525 if trendline breakdown candle 15 seen on chart for target intraday 520-515-510
** Support , resistence mention on chart
* can build long position based on setup for swing/positional trade based on 15 min chart trendline breakout level. if 15 min candle close above 545 long position
** THIS IDEA IS FOR EDUCATIONAL PURPOSE , trade at own risk !!
HAPPY TRADING. !
Navin Fluorine Int : +11% Upside Potential17 Nov 2022 Navin Fluorine Int
After a strong BO in Aug 22, the stock was in a range for 4 odd months. Now, stock shows some sign of BO from the previous LH/TL.
Summary
- Stock bounced from the VAH zone
- 4 months of accumulation
- Inv Head and Shoulder pattern(Confirmed BO)
Conclusion
- CMP 4595
- 3% Test position can be initiated
- Rest Qty can be planned on RT of TL
- Higher targets could be around
o Short Term – 4746/5055
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Kotak Mah Bank : +17% Upside Potential16 Nov 2022 11:22hrs Kotak Mahindra Bank
A complete year of consolidation is witnessed in the stock, now the stock shows some sign of BO.
Summary
- Stock shows a BO from the VAH zone
- 1 year of accumulation
- Approaching major resistance place around 2000 levels
- Head and Shoulder pattern(Awaiting BO)
Conclusion
- CMP 1962
- Trade can be planned on BO/RT of 1990-2000 zone
- Higher targets could be around
o Short Term - 2047-2126
o Mid to Long Term - 2211-2275-2323
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Gabriel India : +76.67% Upside PotentialNice BO with Above average volume, Gabriel India looks strong for higher targets mentioned on the chart.
First profit booking to be done near parallel channel top, on the first sign of weekness
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Linc : +42%-162% Upside PotentialLinc : +42%-162% Upside Potential
After a long consolidation period stock BO with huge volume
Levels & Logic mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
ASHOK LEYLAND --INTRADAY SETUP --09/11/022ASHOK LEYLAND --HOURLY CHART --INTRADAY SETUP
1. on hourly chart trend line breakout seen in last hourly candle
2. upper channel seen on chart as trendline support taken and upmove may seen on curren level
3. stock seen support of channel near 147 and resistance of channel 152-155
4. trix line seen bullish crossover at current level
5, trade above 21 hma on hourly chart
6. one can initiate Buy at cmp 148 for intraday target 150-152 stop loss can be place bellow support of channel 145.75
THIS IDEA IS FOR EDUCATIONAL PURPOSE .........trade at own risk .!!
HAPPY TRADING !