Shortterm
SNOWMAN BREAKOUTSNOWMAN BUY around 64-70 zone . Targets: 85/95/105++++
SL: Below 50
Points:-
1. SNOWMAN fundamentals are very strong as it preserves vaccines and is the largest importer of the vaccine .
2. Sentiments are also with the SNOWMAN.
3. Like the prices are going up after 2 years of consolidation .
4. It will break the 70 level and continue the really up to 96 around.
5. It also makes Pole and Flag Pattern with High Volumes .
#ALBERTDAVID looking good for a SHORT TERM TARGET of 15-20%NSE:ALBERTDAVD
The structure looks quite appealing.
- Consolidation for the last few months seems over.
- Sharp rise from established DEMAND ZONE and consolidating near resistance line.
- Buying volume seems much more convincing than the selling. Can give a good 15-20% rally to the next supply area .
- Halting near resistance line . Seems to soak up all the selling pressure.
** Entry can be made immediately upon breakout or upon retest of the down trendline.
Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.
P.S - Likes will be appreciated along with your insights in the comment section as well. Thank you.
PVR | Can PVR be next ABCAPITAL for us - Route is clear for 40%PVR | Can PVR be next ABCAPITAL for us - Route is clear for 40%
Excellent breakout and perfect retracement opportunity.
CMP : 1470
Target : 2050
SL : 1370
1:6+ risk reward setup.
PFC | Big potential - Looks good for 25% to 38%PFC | Big potential - Looks good for 25% to 38% - Consider entering during retracement.
CMP : 98
SL : 94
(But can considerably keep below 86 - if willing to hold for short term - and buy in dips upto 88 even if this breakout is not sustained )
Target : 115, 121, 132
Short term holding in Ultratech CementHello Friends, Ultratech looks very attractive for the short term holding. it has given flag and pole breakout on a daily timeframe with high volume. MACD is in a positive state on a weekly timeframe and stochastic is also in a positive state on the daily time frame. it is having potential strength for moving upward towards its target.
#NCLIND add to your watchlist!!!!!This scrip seems good for short term investment once it gives a decisive breakout.
If you're a short term investor then you can add this scrip to your watchlist. The scrip has potential to move 60-80% from the breakout.
Also see my other ideas for more such simple swing trading setups with high R:R ratio and highly accurate predictions.
Regards
INFOSYS (INFY) - SELLERS BECOMING WEAKNSE:INFY
AFTER A LONG RALLY ,PRICE STARTED TO CONSOLIDATE FROM MID OF OCTOBER
FORMED A TRIANGLE PATTERN,WITH STRONG SELLERS INITIALLY
PRICE DID NOT BREAK BELOW REF. POINT A, ALSO IT FORMED KIND OF HIGHER LOW FORMATION,INDICATING SELLERS ARE BECOMING WEAK
PRICE HAS TESTED RESISTANCE LEVEL 1148-1150 FOUR TIMES.
NEW RALLY MIGHT START ONCE PRICE BREAKS ABOVE RESISTANCE LEVEL WITH RELATIVELY HIGH VOLUME
JUBILANT | Flag / Triangle breakout - Off to No mans land :) JUBILANT | Flag / Triangle breakout - Off to No mans land :)
CMP : 787 - Use any dips to buy.
Immediate target : 1000 which is 25% from current level.
I found this stock late after this breakout today, as i'm less focused with small caps. I see this is weak only below 620 level. So incase if any dip can buy at 755, 685, 620 levels.
The volume in this stock is poor, Buy only 5 to 10% of your capital over all.