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.