Shortterm
Consolidation Zone Breakout in EMMBI INDUSTRIES.After being in a Long consolidation phase chart has given breakout with quite good unusual VOLUME. Would suggest to go long at CMP or can apply buy on dip strategy till 110.35 for the TARGET of 134.95 with a strict stop-loss of 110.40 (only on candle closing below basis) .
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.
TEJAS NETWORK TREND ANALYSIS ON DAILY TIME FRAMEDisclaimer
I am not Sebi Registered. This content is only for educational purpose, Do your Own Research Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify.
Tejas and Dixon are applying for Pli scheme before due date confirmed by its management
ARE INSTITUTIONAL INVESTORS INVOLVED IN THIS?Welcorp has seen a major rise in volume and witnessed highest volumne in the last 1.5 years, along with the rise in volume, the price is rising significantly, and that is what indicates involvement of smart money, entering the trend chhannel it is supposed to give stunning returns.
SWING OPPORTUNITY IN SH KELKAR A Swing trade opportunity is found in SH Kelkar and co. as:
1. Price reversed from lower trend line of parallel channel.
2. Continues hidden bullish divergence is observed between price and RSI. ie, while price making higher lows, RSI makes lower lows.
SL: 161
Target: 198+
Happy trading..!!
MINDACORP | HEAD & SHOULDER | BULLISH | UPTRENDCLEAR PICTURE OF HEAD & SHOULDER BREAK OUT OR INVERTED CUP & HANDLE.
GOING TO BE BULLISH TOWARDS THE UPCOMING MONTHS.
BEST FOR SHORT TERM INVESTMENT.
DISCLAIMER: THIS IS PURELY MY ANALYSIS AND FOR EDUCATIONAL PURPOSE. PLEASE DO YOUR ANALYSIS AND TRADE AT YOUR RISK
Rain Industries - 40% Return Possible in Short TermRain Industries
Lets Analyze the move one by one
Previous Move :
From Nov 2020 it repeating the same process (40% Upside and 20% Downside movement)., The chart explains everything
Current Situation :
It made a 40% upside move and undergoing a correction - Most possibly the levels 170(Minor) and 160(Major) will act as a Support., Also 0.5 lvl of Fibo is merging near 160 zone which gives additional confirmation for reversal
Future Move :
Once the price reverses, It will be a good candidate for Short term with 40% return
For Finding Target I used one of the method using Fibo extension (It shows 220 zone as Target, As well as if the price reverses from 160 zone, The 40% Target lies at 220 zone)
Final we can expect 220 from this Stock
Note :
Recently the stock posted extraordinary result., Aggressive traders can start accumulating this stock from 170 zone till 160 zone
Cheers and Take care..
EQUITAS HOLDING should be your new holding?After being in downtrend for couple of years, Equitas holding has given a Breakout , wait for retest and confirmation for entering and consult your financial advisior before taking any trade or making any investment.
DAILY SWING CALL / Friday 4th of June 2021 / KIRLFER - New SwingDAILY SWING CALL // Friday 4th of June 2021 // NSE:KIRLFER
// 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: 244.35
TARGET: 281+ (15% Around)
STOP LOSS: 220 (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 28th of June 2021 // TASTYBITEDAILY SWING CALL // Monday 28th of June 2021 // NSE:TASTYBITE
// 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: 15657
TARGET: 18000+ (15% Around)
STOP LOSS: 14090 (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.
SPX 500 positional trade : All targets reached.Please check idea previously posted on 22nd June.
SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332