Sharemarket
Dynamatech to take long entryLong above 2500 for the next target level of 3100. But be alert @ 2600 so bear can step in. Once this zone crosses trail the SL for the much higher rewards. All important levels have been marked on the charts. This is for your educational purpose.
Protip---
1-RSI taking support above 60 bullish signal.
2- Stock is forming higher highs & lower lows again the bullish signal.
Exide industry to take long entryLong Exide industry between 178-180 for the target price of 202-215 with SL between Rs 165-170. Entry must be taken after the BO of a conflux area of 200 as well as 50 EMA levels. stock is expecting to take support 200 EMA level. seeming good volume with BO. This is for your educational purpose only.
HFCL TO TAKE LONG ENTRYThe stock of HFCL is going to be ready for the BO. Entry would be taken after the BO of the candle between 82 and 85 with sl of 70. once stock is successfully BO keeps trailing the SL. This time stock is ready to create new highs. Stock is clearly forming higher highs & lower lows. Hence, Very high probability of trade setup. This is for your educational purpose only.
Excel industries to take long EntryLong Excel after the BO of marked TL above 1225 with SL between1175-1150 for the target price between1400-1600. Stock is expected to bounce back from the support levels. High probability that stock will move up from the support area. Stock is in a consolidation phase for some time. All important levels have been marked on the charts. This is for your educational purpose only.
Apollo Tyre to take long entryLong Apollo Tyre above 290 after the Break out level, for the next target level of 315-320 with SL 0f 279. Stock making higher highs on the long-term chart. RSI Also making positive divergence & moving above 60 is again the bullish sign. This is for your educational purpose only.
CHALTET HOTELS TO GO LONGChalet hotels to take a long entry above 370 for the next target level of Rs 400-405 with SL of 345-348. Good risk-to-reward ratio. Stock is trading near the 50 EMA Levels & with a high probability that stock will move up from the current level. currently, the chart is forming a hammer pattern in the last two sessions. This is for your educational purpose only.
RELIANCE testing its All Time High
*Reliance getting rejection from its All Time High (2850 levels)
*Impulse down move from its ATH & looks like its it correction phase.
*Selling pressure can be observed once it breakdown its current trendline.
REMEMBER: Perfectly timed entry and exit will give maximum R:R.