Stockstosell
Muthoot Finance: On Neck BO Confirmed TGT RS. 170A possible breakout of On Neck pattern is confirmed . One can but the scrip NSE:MUTHOOTFIN
at CMP or Below with an stop loss of Rs. 175 and for the possible targets of Rs. 1386/1442/1498
The Risk Reqard Ration is 1:3.
Exit the position if the stop loss is triggered on WCB.
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DB Corp- Support Broken DB Corp Ltd is from publishing sector engaged in the sale of newspaper & magazines and advertisement revenue having moderate fundamentals. Recent result is not so good .Volume breakout happened on September 2022 and breaks its 52 week high . Recent support was at 105 level and broken that level last weak. Expecting a steep down trend now for a short term . Immediate support is at 70-75 levels. Eventhough promorters have more than 70% stake , they are decreasing their holding QoQ .
VOLTAS : A flat CorrectionFrom the highs of 1125 made in june 2021 , stock had given a fall to 984 levels & then rebound in a choppy manner to the level of 1080. Right from there we have seen an impulsive fall & stock has broken the support zone of 1000. This level will act as resistance & stock will likely to fall further and will reach to the zone of 940-20 again.
One should short voltas in the zone of 1000-1010 with sl of 1040 and look for the target of 950/920
stocks to buy / sell for 22/03/2021Stocks to watch for 22/03/2021
Breakout expected
Go as per the break out .
Enter on the side of breakout
Don't rush to buy/sell after breakout.
Wait for the pull back .
Time Frame to achieve target: max 3 days
Great Achievement IDFC Our target was hit exactly in 31 days.
Hope everyone could understand the price action.
We also give the reason why you should take the trade.
It also reversed exactly from the target.
Stocks to watch for 10/02/2021Stocks to watch for 10/02/2021
Breakout expected
Go as per the break out .
Wait for the pull back .
Don't rush to buy/sell after breakout.
NOTE
BLUE LINE : Major Support and Resistance line
Orange Line : Minor Support and Resistance line
Time Frame to achieve target: max 10 days