Possible Bullish stockGrasim in 1 hr TF made rounded bottom, NSE:GRASIM current level will work as support for few days. Good for swing trade if it holds 1413 level.
Stocksindia
Entry@125Manappuram Finance - Entry@125
Sales growth of 15.5% since 2015
Income growth of 38% with an average ROE of 18%
I have initiated a pilot position. I will add more based upon price strength and 2019 march annual earnings guidance.
Entry@480Future Lifestyle - Adding a pilot position @ 480
FLFL sales have been growing at 10.5 % since 2015. Earnings are growing at 71%. The stock is trading near an all-time high with a sustained price strength. I have initiated a pilot position and will be adding more depending on how the price behaves in the coming days.
RCF - Cash Investment opportunity!As shown on the weekly chart, RCF is about to complete a 8 year old symmetrical triangle.
What makes it special is-- there is a good inverted Head and Shoulder price pattern (S-H-S) in last leg.
Breakout is above 54 - 58 zone targeting 130+++
HCLTECH Potential Buy Setup!!HCLTECH is giving a potential Buy Setup!! The Zig Zag Correction seems to be over with today's low made around 730 levels. I would expect the stock to go higher from here and breakout of the corrective channel that it has been in from long time. My stoploss is around 725 levels and First Targets around 950 level and above.
Happy Trading!!
Gateway : Short-term trade setup !Hey Guys,
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This is short term trade setup, so if you have the patience to hold a stock for 1 to 3 months, then this will be useful for you. Well, even if you don't have patience keep it on your radar n see how this goes. I have mentioned 5 points to trade this GDL ( Gateway Distriparks), follow that & do own analysis also.
Its just simple support zone based setup, so after we get bullish signal we will get long in Gateway. If there is no bullish sign no issues, we won't be in trade at all. What if we get bullish sign & GDL reverses after we enter. Cool, that can happen, anyway we know our risk which is just around (11 points ) so even if you trade 100 shares, its hardly Rs.1100 on potential profit of Rs.3000. {100 shares is an example pls don't ask My position size :) }
If you plan to enter make sure you never change your stops or targets or early booking for profits, or early closing bcos market goes down. Once you analyze & decide on target n stops, never never change that, even the world turns upside down don't change that. That's Bad Habit ! Because you decided to take 11 point risk & 30 point reward, then why you want to change ? Never change your decisions.
Do your analysis, check whether the 11 point risk over 3 months for 30 points is good or bad, Then decide on the trade. Lets see whether Gateway (GDL) gets away to stops or Targets !
