NELCAST Hourly looking bullishNELCAST Hourly looking bullish. It has trendline breakout with 200 ema support on hourly candle.
Good to buy at 96 with sl below 94 for targets of 99,104
Stockstobuy
Tata Steel Analysis Stock is near to BO level on daily chart with good volume build up, follow chart for proper support and resistance levels.
SPIC long term investmentMulti year breakout stock : SPIC 🚀
Stock has broken out of its resistance trendline connecting the highs during ipo of the stock in 1999 , pattern looks more of like a breakout retest in 12months time frame
Fundamentals of the stock are also good :
# Low debt co
# Stock trading at a very low PE ratio of 4.5
# Constant growth year on year , boosting EPS
# Promoter holding of 50%
# Excellant cash flow , CFO/PAT of 2.3
# Reserves and Assets increasing
👉 Overall the stock is both fundamentally and technically very strong , looking very good to me for a multi bagger returns in long term , will be buying the stock on every dip as long as its trading above 50rs , no targets in the stock , upside is completly open
South Indian Bank Analysis Stock is near to 52W high BO with strong volume spike maintaining supportive trendline, may break its ATH soon, follow chart for proper entry and exit levels.
Deepak FertilisersGraham number: 1094.98
Debt to Equity: 0.73
P/E: 4.54
Industry P/E: 15.48
P/E is in FairValue Zone
Current Ratio: 1.28
Profitable
Continuously giving divident
Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
UNITED SPIRITS Daily looking bullishUNITED SPIRITS Daily has trendline breakout/flag and pole breakout. Good to buy at 939 for targets of 1019,1242 with sl below 909
MARUTI Daily looking bullishMARUTI Daily has trendline breakout/flag and pole breakout. Good to buy at 9945 for target of 11741 with sl below 9675
HINDUSTAN UNILEVER Daily looking bullishHINDUSTAN UNILEVER Daily has trendline breakout/flag and pole breakout. Good to buy at 2743 for target of 3097 with sl below 2696
Dabur India Proper Correction and BreakoutThere are sometimes when a stock completes its correction, makes a textbook chart pattern and start an up-move. This is what I have observed in NSE:DABUR on weekly charts. What a beautiful structure and just the right time to break-out. It even tested the 200 EMA on weekly and spend considerable time in forming its pattern.
Now these patterns can be tricky with stop losses sometimes. Hence, my plan is to simplify this for you. Keep Targets of 645 and Stop Loss at 580. Go Long.
Disclaimer: All information is shared for educational purpose only.
HAMMER IN RELIANCE NEAR SUPPORTHammer near Breakout Retest Zone in Daily TF
In Weekly TF Reliance Has given breakout of Inv H&S pattern for long term Bullish View
Trading above Hammer on mon can give good RR next week with1st Target 2500 2nd 2600 with SL of 2420 on DCB
Indiabulls Housing Finance Daily looking bullishIndiabulls Housing Finance Daily has trendline breakout/Inverted head and shoulder breakout with 200 ema as support on daily candle. Good to buy at 123 for target of 158 with sl below 108
BHARTI AIRTEL swingBullish on the telecom giant stock as it has broken its important resistance zone and also previuous all time highs , stock good to be bought as long as its trading above 850 levels , stop loss at 820 , any dip towards 860-850 levels is a buying opportunity , targets of new all time highs of 930/990/1050 in coming days 🚀🚀🤓🤓
ICICI BANK SHORT15 min resistance with a 4 points SL target of 100 points. The R-R is always low in my trades.
Breakout stock to keep in Radar1. Trend changed
2. Breakout confirmed
3. 1:6 RR trade set up
4. ATH is the first target
5. 400 Levels can be the next, depth of the rounding pattern after completion
Please follow &like & share for more analysis.
Reliance for Intraday (28-06-2023) - LONGIntraday view - RELIANCE for 28-06-2023
Reliance closed @ 2496.45
Reliance was in consolidation today near 2500 and i see it will be covering all short positions tomorrow with a upside view of 2520, 2530 on intraday basis. Maintain a stoploss at 2485.
AMBUJA SHORTtime frame 15 min, price moving below my moving average with a momentum on downside post retest.
Orchid Pharma Analysis Strong BO on weekly chart maintaining supportive trendline and volume build up also seen, follow chart for proper entry and exit levels.
TATAPOWER LONG Positional Cash Stock bought on the level mentioned on the chart. Recently I have been using FIB retrace for my Partial targets or if I have to add few more positions on retest. All I have is my moving average & supply/demand area using the average.
Sequent Scientific Ltd Analysis Stock has given move on daily & weekly chart with good volume and near to BO zone, and also trading above 200 DMA, follow chart for proper entry and exit levels.
Medium to Long term swing trade in BHARAT FORGENSE:BHARATFORG
is looking great for an upmove in coming days , stock has broken out of its previous all time highs and also retested its major demand zone , a double bottom in weekly time frame showing buyers coming in the stock , SL of 10% for targets of 1000/1160 levels in coming days, medium to long term swing🙌🙌🙌🙌🙌
Max Financial Services Analysis Stock is trading higher on daily chart with good volume and near to Trendline BO on chart, follow chart for proper entry and exit levels.
Piramal Enterprises Analysis Stock is near to BO after long downward channel, little risky entry, but risk reward is favourable, volume spike seen on daily chart.
Jamna Auto Breakout analysis ! Will sustain or not !Stock after making ATH taken support at previous BO level multiple times, now again given huge BO on daily & weekly chart with massive volume, if sustain go as per chart.
