Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made.
ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT)
T1 : 468.80 (EASY TARGET)
T2 :...
Indusind Bank share is very near to the support level. If it break the level of 988.
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Then we can expect the downside around 960-970.
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If it goes upside 1013 is a strong resistance, you can accumulate this stock in this price.
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Once it break the 1013, we can see the level of 1040-1050.
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What's your view on this comment below in the box.
#heromotorcorp weekly seems to have a head and shoulder pattern
watch out for neckline of same and whether if major support band currently it is reaching whether if it gets broken
and if so could be shorting opportunity if a breakdown red candle confirmed closes below it.
remember there is also a support available below near 2250 and only if it break do we have...
Gold is showing a change in DOW theory
Made a Lower High, so, expecting a Lower Low
Chart pattern seen is Head and Shoulder, if breaks neckline then good short.
Target marked in the chart above.
Fortis Health
NSE:FORTIS
Cmp - 242
Stop - 285 on DCB
Expectation -
T1 - 200
T2 - Wait, Review at 200
Expected Holding Period - 100 trading days or earlier for T1
View:- Positional Exit
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Garware Hi-Tech Films
BSE:GRWRHITECH
Cmp - 923
Stop - 985 on DCB
Expectation -
T1 - 750
T2 - Wait, Review at 750
Expected Holding Period - 100 trading days or earlier for T1
View:- Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
💢Asian Oilfield Services ltd another gem💢
risky players can consider @cmp,then add @dips
safe players add@85-90 range or wait for breakout
strict sl below 80🙏
trgt 140-180-200 ++🎯🎯
Reasons for this buy👇
🧩chart looks good ,feels like accumulation.(long consolidation period)expecting a breakout at any time.
🧩Company is almost debt free.
🧩low risk high benefit...
BankNifty formed a double top with bearish divergence
Above 35436 : If price breaks out, then flag n pole setup to be followed and target next resistance - 35750 / 35800
Below 38494 : If price breaks down, then double top confirmed, 1st target 34140, 2nd target 33270
Happy Trading !!!
💥all studies explained in the chart
forming ascending triangle
also 3 year of downtrend channel,making lower low's and lower high's.
102-105 acting as a major resistance.
there is chance to touch once again the trendline support then can a breakout.
study guys🙏🙏
like🔹comment🔹support🥰
enter @3000-20 range
sl below 2970(risk 60 point)🙏
trgt 3150-3270-3400+
long 3700-4000++
🧩fundamentally strong stock.
🧩chart looks good.small risk high benefit trade.
🧩the stock is in a good support zone
🧩weekly chart.chance to continue its trend.👇
study then invest🙏
ITC has been holding the 200 Level since Dec 2020.
Level has broken today and retested, ii may be a good short for the Head n Shoulders Breakdown target.
Lincoln Pharmaceuticals at fingertips
buy half @290-300 level
then wait for a pulback🙏
sl below 240
trgt 330-350-380
(note: targt is not based on support and resistance)
reasons for this buy
🔹chart looks good.feels that it ready for all time high.but note guys the stock may retest it's support level ,keep it in mind before taking an entry.
🔹Company is...
🌿SHORT + LONG TERM🌿
buy & hold🤝
buy between 235-40 range🔰
Strict sl 230 (just 10 points)🧨
trgt range 290-300🕺
315-330🕺
long 350++🔥
why I shared it for short term ? 🎁
Postive q3 published.🍁
looks like an accumulation.🍁
postive indication from delivery volume.🍁
something cooking in the chart.🍁
In 1H time frame we can see that there is a breakdown of HEAD AND SHOULDER pattern. It also did the retest, if you want to play safe then you can go short once the 1571 level gets break because there is no near by support zone. It's a good Intraday or Swing trade for tomorrow
