HDFC bank long entryLong HDFC above 1435 for the target price of 1460 with SL 1410. Stock is in uptrend . Trading above the resist level & closing of the stock is also above the 1430. RSI divergence is also positive.
Sharemarket
Godrejcp can take long entry.GodrejCP to take long above 750 for the TGT price of 770 with the SL 742. Stock in uptrend after pull back again taking momentum.RSI level is above 60 is also bullish mode.
Reliance to take long entryIf RIL share trade above 2000 level then we can go for long entry for the target price of 2100 with the SL 1970. Stock in consolidation mode. Entry above the BO of TL. RSI is also forming positive divergences. This is for your educational purpose only.
Buy LupinLong lupin above the resist area BO @ level 982 for the target price of 1050 with the SL 950. Risk to reward is 5:5 . Very good trade. All TFS are bullish. This is for your educational purpose only.
Bharti Airtel again at break out level.Bharti to take long entry after the BO of Resis area above the 522 for the target price of 565 with SL 510. good risk to reward trade. in all TFS stock is in uptrend & expected to move higher.RSI is also forming positive divergence. This is for your educational purpose only.
TATA MOTORS : Impulsive wave completionSell on rise for the target zone of 155/145/130 keeping SL of 185
AUROPHARMA : internal structural change (update to the previous)TRADING STRATEGY:
Go long in the zone of 886-880 keeping stop loss of 862 , for the target of 908-910 / 930/945
For aggressive players:
Go short in the zone of 845-867 zone keeping stop loss of 870 for the target of 862/822/750
JK CEMENT : PALGO signal demonstration HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
PNB looks bullishPNB has formed a double bottom pattern and brkout happened from the previous swing high levels.
#positional
Buy PNB at 40.6
Sl: 34
Tgt: 48, 65, 80, 100+
Time frame: 5-6 months
Tata power bullishTata power formed inverse head and shoulders pattern making it bullish.
#positional
Buy Tata power at 71.65
Add in dips till 62 with stop loss of 50
Tgt: 84, 90, 102+
Time: 2-3 months
Tata chemical about to give brkoutTata chemical formed descending triangle pattern and is about to brk in either direction with 2 strong demand zone at 480 and 430 levels which will act as support levels.
So after a retracement Tata chemical should again start up move for a tgt of 550+ soon.
Intrady levels
Tata chemical cash levels
Buy abv 507.1
Tgt: 510, 513, 517
Sl: 502
Sell below 499.8
Tgt: 496.7, 493.5, 490
Sl: 505
Avadh sugar is bullishAvadh sugar has broke the parallel channel resistance with a gd volume.
#positional
Buy avadh sugar at 214
Tgt: 250, 285+
Sl: 170
Time: 1 month
Escorts formed bearish patternEscorts fromed a double top pattern pattern and it is near to it's previous swing low level making it bearish.
Sell escorts below 1380
Tgt: 1371, 1363, 1354
Sl: 1393
PML Short Term BullishPML is on verge break out. There can be seen some profit booking, but by reviewing the fundamentals and technical analysis we are bullish on it with Target of 1510, 1601, 1749 AND 1849 for Short Term and for 2-3 years with target of 2508/2849/3245.
PML (PAUL MERCHANT LTD) is engage in tour and travel related business, since this sector is recovering fast there can be seen great upward price movement
Bharti Airtel again at break out level.Bharti Airtel at W BO pattern. Long above 500 for the Target level of 525 with SL of 490 . Good rounding bottom pattern & RSI Positive divergence. This is for your educational purpose only.
Bharat forge share to take long entryLong above 554 Target 1-588 & if stock able to cross the resist level of 590 then next target price is 635. SL 536. on monthly & weekly BO has been completed . Good risk to reward ratio.
ICICI bank to take long entryLong ICICI bank weekly level @ 505 TGT 550-580 . SL can be taken 494 Tight SL. Entry only after the confirmation of BO. Good risk to reward ratio. This is for your educational purpose only.
HCL Tech to take long entryLong HCL Tech above 860 TGT 885-900 SL 845. Entry will be taken on 15 Min candle after the BO of TL. Share in uptrend. Good risk to reward ratio. This is for your educational purpose only.
DLF to take long entryLong DLF above 212 TGT 240 SL 196 . BO level on W & M time frame. positive divergence seen . Stock is at good level to trade. Good risk to reward ratio. This is for your educational purpose only.
