As mentioned in the 5th May post, any fall towards 570-560 levels can be treated as an opportunity to buy. The stock shot back up to 610+ levels today (9 May’24). It could still spend some more time but 20% in near term is very possible. Have conviction in the idea even before you invest Rs 100 in it. This is not a trade recommendation. Please do your own due...
Since the last post about Hero MotoCorp on 3rd May, the stock has gained over 7% in a not so conducive (positive) market. The signs show a possibility of it reaching its target soon. This is not a trade recommendation. Please do your own due diligence/analysis. The broader market has been consolidating for a few weeks now and may continue so until general...
As always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade...
#PPLPHARMA 🔍 Setup: Multi-year breakout setup 📊 Analysis: Bullish trade! Significant volumes detected, with a supportive sector. Key levels from Nov 2022 and Jan 2024 have been breached, and the price is sustaining well above them. Trade Active Price: above 154. 📈 Join the discussion and share your thoughts! Like and comment below! 💬 Let's capitalize on this...
The stock has had long periods of consolidations/corrections; last being Feb 2021 to Mar 2023 and then a spurt in price. It currently seems to be in Wave (V) of 3 which is likely to achieve a target of 5700, a 1.618 Fibonacci level as seen in the chart. Any fall from current level (4550) towards 4200-4000 should be used as an opportunity to accumulate. Wave 3 in...
In the longer time frame, the stock seems to be in Wave 5 that could lead to about 1000+ levels. The present level (620) is part of Wave III that may culminate at around 880 which is also the 1.618 fib level as seen in the chart. This doesn’t mean that the rise will be a straight line. The zigzag move may take some time but even if it takes 6 months or more to...
IDFC first Bank looking bullish from the price mentioned in the chart. Observe this chart as we are providing these are only educational purposes.
Stock is in Uptrend, made a Strong Higher High and now falling back to the Breakout point, wait for the Price-action to Happen for a Proper Entry. Maintain proper #Stoploss.
Short Term Trading Advice by Goodluck Capital Buy INOX Green Energy Service (NSE:INOXGREEN) Buy Range- 105 - 110 Target- 122 - 127 StopLoss- below 97 Potential Return- 14-18% Approx trade duration 12 - 14 days
From the Demand Zone gave a strong reversal., gave its first target., good to hold for much higher targets. Disclaimer : Do your Own analysis before initiating any trades. Trade with Conviction
Watchout for the Levels in #TMB Bank. wait for the price for come to the Levels mentioned in chart and also Price action to execute the trades. Maintain Stoploss !
Stock broke previous High and consistently making Higher highs. Now stock is on retracement, Best to Buy on dips with proper SL. Wait for Priceaction for Proper Entry point.
In today's trading session, the price has given a breakout of a falling trendline and flag and pole pattern. The price is trading above 14 EMA. MACD is turning positive. Keep a close watch. Disclaimer- I am not a SEBI registered technical analyst and adviser. Kindly trade on your risk.
On 2 hourly chart there is inverse head and shoulder formation neckline is marked as yellow line The volume during the formation is low, and ATR was also steadily falling Price found support on the rising trend line (blue line) on 25-80-23 and after that bullish strength started to increase gradually, (increasing volume and ATR) On the breakout candle , the vol...
Good Buy opportunity in Bajajfinance as per 1:1.5 Risk Reward Ration. The stock has taken support on 200EMA and has given a breakout. Note: This information is for Learning/entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions. If you like this Idea, Please do...
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your.
ONGC stock has given a breakout on 1 day time frame. downtrend breakout and looking good as per the technical point of view. if you are safe trader wait for breakout of 141 resistance levels. from current levels my view is bullish on this stock for swing and short term. Upcoming targets on technical are 141 and and 153. for safety purpose follow the stop loss of...
Analysis Based on Demand zone and Supply zones. long term investment pick. Buy in Parts 4223 / 4153 / 3975 / 3810. Tgt 4608 / 5040 / 5324 / 6220 / 6699. SL Weekly close below 3800. Next Buy range 3000 / 2891