Bhartiartl is looking good to buy at CMP-780 for target of 825 with SL of 770
NSE:TATACOMM completed the rounding bottom over last 5 months. Yesterday there was a breakout. Today, with the market, it's re-testing the neckline around 1245. Per the price-prediction over next month, it seems there will be some consolidation throughout next week and there can be a breakout towards 1342 / 1438. SL to be : 1175.
TVS motors moving in a channel. let's see till what time it can continue
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
Inverse Head and Shoulders This pattern forms after an extensive downside rally. It consists of a left shoulder, a head, and a right shoulder. The left shoulder is formed after a big bear rally in which the volumes are quite large. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the...
Stock has come up with its first leg as an impulse. After that stock has gone into a considerable corrective price action. The current structure suggests that stock is ready to move up for another impulsive leg. TRADING STRATEGY: STOVEKRAFT: BUY ON CMP (583) SL: 540 TGT: 625/650
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
United Spirits Stock on daily chart, gave falling wedge breakout and now trading at its Resistance zone & also at good fib level to break. Safe buy above 835 levels for 3-5% positional targets Also bet for 0.5-1% intraday targets Keep SL at 800 levels on Closing basis ---- Note: Above levels are for education purposes only Do your own analysis before...
One97 aka Paytm Suggested earlier also at 560 levels and target achieved Stock again forming an ascending triangle pattern. Currently trading at its Resistance zone also, if break we can see good 8-10% upside move Safe buy above 725/730 levels for positional targets of 775/800 to upto 850 levels also. Also, keep booking partial 1-2% profits and use a strict...
ELGI EQUIPMENT LTD Stock on daily chart forms Cup & Handle pattern Also good volume coming Buy above 380/386 levels for positional targets of 420 Keep SL below 355 Once 420 level is breached and sustained above this levels, we can expect bigger targets (another 5-7%) ---- Note: Above levels are for education purposes only Do your own analysis before taking...
SUN PHARMA On hourly chart short term bet to above above immediate resistance level of 860 for targets of 870/875, keep SL of 850. This is Risky quick trade very short term view, or can be trade Intraday. In case of gap up and gap down please avoid setup. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Use...
Adani Total Gas On daily chart give Flag pattern breakout and tested its ATH levels. keep on watchlist from this levels it may get correct few points and then again will move for another 7-8%. Idea is positional and only carry position on day closing basis & also keep partial booking 1-2% profits and use a strict trailing stop loss. ---- Note: Above levels...
ICICI Bank On daily chart form double bottom pattern exact at its strong support Also is about to break its 10 month old trendline, at its resistance level Safe buy above resistance zone 778/800 levels For short term targets of 798 to 805 levels Keep Trailing SL and also its good to partial booking 1-2% profits In case of gap up and gap down avoid setup....
Stock has given a breakout of a triangular structure . One should go long on current levels maintaining the SL of 2300 and look for the target of 2675/2845 in the coming days.
EMAMI Ltd Stock on daily and Weekly chart gives 11 months old trend line BO (but volume seems less) And today retested its resistance levels Could be a safe bet if buy above 475 levls (which is also 200EMA levels) and further add above 490 levels for positionally 4-5% further upmove Keep trailing SL to maximise profits ---- Note: Above levels are for...
Jubilant Foodworks Stock on daily and hourly TF for a base and also inverted H&S pattern Good be a good intraday bet to buy above 576/580 levels keep SL of 538 Use 5min chart for immediate Support and resistance and Trail SL accordingly to maximize profit In case of gap up or gap down avoid setup ---- Note: Above levels are for education purposes only Do...
Orient Bell Ltd Stock On weekly Chart forms Cup & Handle Pattern and give breakout with good volume Also on daily chart forms bullish H&S pattern. Now stock will retrace after this BO. Can be add at 650 levels at trendline support levels. For positional targets of 870 to long term targets of 970. ---- Note: Above levels are for education purposes...
LTTS On weekly Chart stock seems to complete Harmonic pattern. And also at its support level. Stock also showing bullish RSI Divergence. Expected bounce from this area. Above this Support line stock is bullish and below trendline its stock. Stock can be add 10-20% at CMP and can be add further above 3100 levels for first targets of 3400-3450 TSL to be...