Short Term Trading Opportunity in TNPL for 15% UpsideHi,
An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:TNPL
MACD on daily, weekly and monthly time frame is on the bullish side and RSI is also on the bullish side, so expecting the bullish trend to continue.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
Shortermtrading
ONWARDTEC short term analysis ONWARDTECH hourly chart is shown in the idea.
As per the chart shown above, ONWARDTEC is continuously making new higher highs and higher lows. This stock is taking trendline support which is marked in green from last few weeks.
currently, the stock is consolidating in a range from 480 to 530, to formed a selling zone at around 520 to 530 levels, and buying zone at around 488 to 480.
for decisive breakout or breakdown the stock has to break the levels on either side for the short term targets marked in the dashed lines on both sides.
Disclaimer: This idea is only for educational purpose and not a personal recommendation please follow your setup and own research before initiating any trade.
Swing Buy Opportunity : Infosys There is clear breakout in Infosys and stock has taken a support on 200EMA.
Please refer the chart for the Targets as per Risk Reward 1:1 and 1:4 respectively.
Post achieving the targets one can trail the stop loss as per the previous swing low
Note: This information is for Learning/entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions.
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Short Term Trade Idea Buy (DRREDDY)
Health Care
Pharmaceuticals
Largecap
With a market cap of ₹73,055 cr, stock is ranked 73
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
DAILY SWING CALL // Wednesday 2nd of June 2021 // SIRCADAILY SWING CALL // Wednesday 2nd of June 2021 // NSE:SIRCA
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 369
TARGET: 425+ (15% Around)
STOP LOSS: 332 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
DAILY SWING CALL // Tuesday 6th of April 20211 / NSE: GSFCDAILY SWING CALL // Tuesday 6th of April 2021 / NSE:GSFC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 86
TARGET: 99+(15% Around)
STOP LOSS: 77 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
DAILY SWING CALL // Monday 1st of March 2021 / NSE: RVNLDAILY SWING CALL // Monday 1st of March 2021 / NSE:RVNL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 31.75
TARGET: 36.5+ (15% Around)
STOP LOSS: 28.5 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
DAILY SWING CALL // Wednesday 10th of March 2021 // ORIENTELECDAILY SWING CALL // Wednesday 10th of March 2021 / NSE:ORIENTELEC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 292.35
TARGET: + 337 (15% Around)
STOP LOSS: 262 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
DAILY SWING CALL // Friday 22nd of March 2021 / NSE: JSWSTEELDAILY SWING CALL // Friday 22nd of March 2021 / NSE:JSWSTEEL
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 440.6
TARGET: + 507+(15% Around)
STOP LOSS: 396 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
SHORT TERM IDEA OF THE MONTH // 01-03-2021 // NSE: RADICOSHORT TERM IDEA OF THE MONTH // Monday March 1st 2021 // NSE:RADICO
// This is a Long Term Investment Idea and not a swing trade call nor an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few weeks. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 569.65
TARGET: 800+ (40% Around)
STOP LOSS: 427 (25% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on 40% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 4-6 Months, the suggested time frame is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.