Maithanall for swingMaithanall is going in uptreend along with the support of 25 ema, and is expected to give the target of 1260.
Shortterm
Swing trading idea. Buy call!Recently Suven pharma has posted a good quarterly result.
Also on daily chart there is double bottom, its a very good opportunity to earn ~20% profit in this trade.
Buy now or wait for 470 levels and do some bottom fishing.
It should meet its all time high again.
Hero Moto Corp Long opportunityHero Moto has taken support from a critical level and can bounce back from here. Can Target 3070 if it breaks that trendline.
SOUTHBANK | Channel breakout - Previous resistance now supportSOUTHBANK | Channel breakout - Previous resistance now support - Investment opportunity for 160%
CMP : 12.90 (Dip : 12)
SL : 11
Target : 18,33
[SHORT TERM] BUY KIOCLThe stock is looking good to buy for 8-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
PRAKASH INDUSTRIES IN A DOWNTREND.Self explanatory chart.
A breakdown with volumes below 73 will make room for more fall till its next support of 63.
Should short after retest of breakdown.
INTERESTING OBSERVATION IN HAPPIEST MINDSJust an observation but seems interesting. Every W in RSI of happiest minds has triggered a good up-move. hoping the recent setup does the same we can expect it to break previous high
BOSCHLTD | Making higher low + Near trendline support | 30%BOSCHLTD | Making higher low + Near trendline support | Looks potential for 30% in short term
CMP : 14900
SL : 13500
Target : 19000
1:3+ risk reward setup
TATACHEM | Flag range breakout - Looks 50% and above is possibleTATACHEM | Flag range breakout - Looks 50% and above is possible
CMP : 812
Support : 700
Target : 1100
For short term we can keep the SL below 780
Since we are in uncharted territory and taking the entry only based on chart patterns / technicals its advisble to hold atleast for 1:3 risk reward
#HSCL... Morning Star pattern .. swing trade ideaHSCL is forming morning star pattern on the daily chart..
Ofcourse half the trading session is left and confirmation only will come after today's closing..
But keep an eye..can be easy 20% short term profit here
HSCL also has multibagger potential.. see my previous ideas in related links section
GAIL - Long1. One year time frame, the stock is uptrend.
2. Formed ascending channel.
3. FIIs has increased 8.5% their holding in June 2021 Quarter.
4. Company excepted to give good returns near quarters.
Disclaimer : This is NOT investment advice. This post is meant for learning and educational purposes only.
RELIANCE Short. Trying to get back into the long term channel. Reliance is moving in a cyclical pattern since it made ATH. What must be done? I'll answer few of the queries regarding this stock.
From 2009 till 2017, this stock was flat, trading inside a horizontal channel (not visible in the chart). After 8 years, it made a move, and from 2017 till 2020 it followed an ascending channel (shown in the chart). In 2020, it broke this channel twice on both sides. Currently, after making the exceptional up-move, due to continues news flow (and excess liquidity, of-course), it has been testing and bouncing form the upper-band of the long term ascending channel. It has tried twice to break and get inside the channel. Rest of the things, the stock itself is telling the story.
Long Term View:
For all those who missed and waiting to enter for long term investment, the best price and time will be when it will test the lower band of the ascending channel. Will that happen? In my opinion, yes, it will break the upper band and come inside the channel when it will test it again for the third time. Generally (not always true), any support or resistance is broken on the odd attempt. This is an ideal scenario, when there is no new flow, else it might again bounce from the upper band of the channel.
Short Term View:
In short term (4-12 weeks), this seems bearish, not only because of all the reasons I explained above, but also because of the depleting RSI on the weekly time frame. The exuberant mood has pushed it to trade at current level, but we know everything gets normalized with time.
Very Short Term View:
It should come to 2005, if the weekly candle closes below 2070 this week. The two recent downfall, and the Fibonacci extension suggest that 2000 level shall be tested in 1-3 weeks, if that breaks, then 1960-80 (the variation is because of unknown time factor) will act as a support (upper band of ascending channel), if that also breaks, then 1930 will act as a support. This short term idea shall be considered invalidated, if weekly candle closes above 2120.
Disclaimer: The information provided herein is for educational purpose. Please consult your financial advisor before making any decision.
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Up flat pattern - Barbeque Nation Hospitality LtdBarbeque nation Hospitality Ltd can be a good short term investment opportunity.
The stock shows the following bullish indicators based purely on technical analysis -
>Up-Flag pattern with a break out candle.
>Increasing RSI
>Recently occurred MACD Crossover.
Investment horizon can be short term unto 20 days.
CUMMINSIND | Small wedge breakout opportunity - 11%CUMMINSIND | Small wedge breakout opportunity - 11%
CMP : 833
SL : 800
Target : 920
Almost 1:3 risk reward setup
Similar to our recent JKTYRE setup
SCHNEIDER ABC trendline BO with retestNSE:SCHNEIDER
SCHNEIDER - Daily TF - ABC trendline BO and a perfect retest of trendline..
[SHORT TERM] BUY RANE BRAKE LININGThe stock is looking good to buy for 8-15% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
NAVIN FLUORIBNE READY TO BLAST?There is no need to tell about the quiality of this stock- navin fluorine, it is one of the best available to us, it can be accumulated at every dip for investing and for short term as well, presently it is at its support line and it is supposed to give some pretty attractive returns from here.
GODREJCP | Strong and value stock - Getting ready for 30%GODREJCP | Strong and value stock - Getting ready for 30%
CMP : 736 (We are tracking from 670 zone - ref chart is attached below)
SL : 680
Target : 970
1:7 risk reward setup - Cane take several weeks to reach target as it is weekly candle analysis.
SUNTV | Breakout occuring after long consolidationSUNTV | Breakout occuring after long consolidation.
CMP : 562
SL : 500
arget : 650, 825, 950
Almost 1:4 risk reward
Since it is long consolidation i'm ignoring the first resistance i hope it will be taken out.
RUBY MILLS for swing tradingThe stock has been in a downtrend for a while, and it has recently changed its trend for being positive, i find it quite promising for a swing or two.
