Stockmarketanalysis
BAJAJ CONSUMER DAILY CHART ANALYSIS 13.12.2021BAJAJ CONSUMER as per daily chart analysis has broken the resistance 200 level and formed a bullish doji candle. Target 220 should be achieved in few sessions. I have entered the stock today based my own set up and lets see what happens. Today there had been a strong selling irrespective of nifty had good gap up and even it had broken the consolidation zone 17600 level.
FINCABLES is at support can give up to 20% returnsI will buy FINCABLES because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 456/444
Target : 588
Stop loss : 425
ADANI PORTS DAILY CHART ANALYSIS 10.12.2021ADANI PORTS posted yesterday above 777 level for a target of 787 and today the stock made a high of 795 level before closing to 767 level. Today Had a intraday trade in the stock. Whatever stock i post i do trade as per my capital allocation and don't post just for the sake of it. Happy weekend and Happy Trading to all.
DLF: BULLISH SEQUENCEFollowing the 'rule' of wave theory , ''wave 4 should not enter into the territory of the wave 1" , stock has managed to keep its bullish outlook intact. moreover we have a HH HL formation on daily time frame which suggest that stock should move higher in wave 5 for new high in coming weeks.
Buy on cmp add on dips keep SL of 390 & look for the target of 440-50 .