Shortsetup
REC LTD ON 15 MINS CHARTRec is trading below 200 ma and it’s has given good reversal from Fibonacci 61.8% level. We also drew the resistance line and we observed increase in bearish pressure(selling) at resistance level. For next week or coming days we can see double bottom pattern but for this week look for short opportunity. Trade safe
LICHSGN ON 15 MINS CHARTLic housing has broken its major trendline & its sustaining below 200 MA. Talking about bigger trend we can observe the correction that happened after trendline broke had sustained at Fibonacci 61.8% level. Mostly stock that gives reversal from golden zone tends to continue its trend with good volume but in case of LIC HOUSING the volume has been decreasing thus indicating bears in control.
Also if we zoom in, we can look there’s a good chances of stock to test its support for 3rd time making it major support. We also use Fibonacci trend continuation tool & we found out that the major support and trend continuation Fibonacci level 61.8% is exactly at same price. We believe we can see a good downtrend for Tom and day after tomorrow. Trade safe.
Stock looks weak below 1325NSE:INFY
The stock looks weak below 1325 might head lower towards 1300/1275/1230 levels in the coming days.
--Sell below = 1325
--Target = 1300 | 1275 | 1230
--Stop-loss = 1360
--Expected Profit = ( 7 % )
--Expected Holding = 10-15 days only
All ideas shared are for educational purposes.
apl apollo the gem ,It may break my last roof😑WOW WOWW WOWWW
what do i say guys..... 😍
heavy breaout....where is it going ?
we recommented it at around 970-80 range
now it gives us 40%+++ returns
(link provided in the related links area u can check it)
hope you all boooked good profit.right?
One thing I always say is don’t miss opportunities
Take a look at how many stocks we have discussed here.in which how many gave you multibagger returns.
atleast try to understand what I expressing.
I am repeating dont miss opportunities guys.😁
it gives us around 40%++ return..anyway i am still holding it.
our all calls performing well
now these stocks in our radar
🔸 aarti drugs
🔹iolcp
🔸lic
🔹bdl
🔸greaves cotton
🔹aditya birla
🔸jbchem
🔹balkris industries
🔸moil
🔹apcl
🔸vst tillers
🔹total transport
🔸ester
🔹emky
🔸nucleus
🔹midhani
many more but i am not remembering😁
apl apollos chart u can check below..must check
like🍁support🍁comment
BORO ltd - low risk high reward🍁 boro ltd 🍁
buy @ 181
strict sl 178(risk 3 points)
trgt 195-205-218-254
jackpot (just risk 3 points may be get huge reward)✨✨
just study ,if u r ready to risk 3 points just enter.
lets wait
it's a multibagger one in my view(only my view)
💠forming descending triangle
💠180-79 range acting as a major support and if it fall below that level just exit okay,otherwise hold
💠superb q3 published.
maybe it hit my sl but no matter because i am ready to take that risk of 3 point
like🔰comment🔰support
Double top or M pattern ? - Tata motorsNSE:TATAMOTORS is forming Double Top or you can say M pattern on 15 min chart .. which is considered as extremely bearish.
Levels are mentioned in the chart
To be safe
Short below : 289
Target : 282 or below
P.s : I am still in learning phase ... all the critics are appreciated .. please let me know if i am wrong.
Note : This is for educational purpose only ... and i am not giving any Trade advice.
BANKNIFTY DOWN TREND ANALYSISSince Friday, the market has been trending downwards. Today, we seemed to have taken a pause and made an inside candle on the daily chart .
Some key points from today's trade were, Bank Nifty closed below the key support of 35,000.
There was large PUT open interest @ 35,000 which seemed to reduce drastically towards the end of the day.
The market retraced upwards but was unable to re-test the 50% retracement level @ 35,550, keeping the downtrend intact.
Considering that the market breaks the swing low @ 34,450 and moves lower, there is a very high probability that we could move considerably lower towards 32,800. This is presenting an excellent risk reward situation to take trades on the short side.
If the market opens with a gap up, the down move may not come tomorrow as there will strong support @ 35,000 which maybe difficult to break. Hence, the best case situation for short trades will be that the market either opens flat and continues moving lower, or it gaps down below 34,400 and moves lower without a near by support in sight.
These are my personal views and I reserve the right to be wrong. Like and follow, if you found this helpful. :)
Precision Wires ! time to buy ?Precision Wires
buy @180-190 range
sl 160
trgt 221-250-320🎯
study then invest
reasons for the buy
🍁the stock was in a uptrend
🍁above 192-193 looks like a good breakout
🍁postive q3 published
about the company
✨Precision Wires India is engaged in the business of manufacturing of Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor (CTC) and Paper / Mica / Nomex Insulated Copper Conductor (PICC) which are used by the electrical / electronics industries.
support💚like❤ comment💙
[Positional] Cummins India Short IdeaGravestone Doji formation at 52W high. Short if it breaks day's low that is below 883 with SL of 922 and target of 800 as per charts.
Another theory which supports this is RSI. According to RSI, technical top was formed at 799 after that it made another high of 922. Hence, to correct it, It has to come below 799.
BANK OF BARODA BK of Baroda is retracing and looking weak for short term and after retracement it might bounce back from Fib golden ratio or initiate the downtrend.
What you think. Follow my page and Inbox me for Entry/Target and SL
Disclaimer: I may or may not trade this setup, kindly consult your financial advisor before initiating any trade. I will not be responsible for any profit or loss.