COALINDIA | Somebody waking up this Kumbakarnan (Sleeping Giant)COALINDIA | Somebody waking up this Kumbakarnan (Sleeping Giant) that under performed last 7 years !
Whether or not we have low risk and high probable INHS pattern here 😃
CMP : 146
SL : 130
Target : 180, 215
1:4 risk reward (Based on second target)
Shortterm
RELIANCE - BUY on Breakout for 17% Potential Profit Buy RELIANCE on the trendline breakout for 17% potential profit.
The script is consolidating for last four months from the recent top.
The trendline breakout with high volume will be a good opportunity for a short-term tread. The RR will also be greater than 4.
TNPL breakout. go for short term view. All breakouts and targets are mentioned on the chart.
Do follow me for more swing & intraday call.
if you like my work you can also show by cheering.
Also, comments your views on this.
all the above analysis is my own, if anybody keeps an different opinion can also share.
trade on your own risk, analysis is just for educational purpose.
Thank you.
Gold Looking good for both long term and short termGold after a top in 2011, fell sharply and bottomed out in 2016. It traded in a range from 2013-2019 and broke out in the second half of 2019 started a trending move upwards. Though it fell sharply during the covid crash, it started moving up immediately showing strength but got a little overstretched and retraced 50% from the March low to the high. Now the price seems to come back into the channel. This is the right time to enter partially with a stop just below the recent low. Can add more after a proper breakout above the recent swing high.
IRB | Simple breakout - 15% potential opportunityIRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.
CMP : 120
SL : 116
Target : 138
Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always average less than the previous position size)
COROMANDEL | Breakout after 135 days consolidationCOROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame.
Looks good for 18%
CMP : 845
SL : 790
Target : 980
P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.