DMART | Previous analyze failed as SL hit. Since it looked H&S slightly dint wanted to keep bigger stoploss.
Now this pattern seems little convincing with good risk reward again. Can see 19% if things goes as expected 😃
CMP : 2026
SL : 1920
Target : 2375
1:6 risk reward setup
CYIENT | Wedge Breakout & Flag formation - Can see 25%
Short time holding - Might need to hold for few months time as i've used Weekly time frame.
CMP : 389 (can buy upto 375)
SL : 355
Target : 485
1:4 risk reward setup
Weekly Chart - Broke the previous solid resistance and stable upside now.
CMP : 590
SL : 550
Target : 800
Beautiful 1:5 risk reward setup. Looks good for accumulation, since it is weekly pattern it may take few weeks to month to reach the target.
I love F&O stable stocks like this which respects proper support & resistance , so that we can create some option...
It seems like #HEROMOTOCO is heading for further South..!
If it manages to stay below 3058, there is a good possibility that we may see a the price crash below 3000/2900/2800 soon
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