Rallis India: On Neck BO on WTFAn on Neck BO is Confirmed on the Weekly charts of NSE:RALLIS One can look to create a fresh position in the srcip at 220 with a stop loss of Rs. 210 on weekly closing basis for a target of Rs. 230/240/250.
Exit the position if the stop loss is triggered on WCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Stockstoshort
ZensarTech: Long for 12% returnZensar Technologies Ltd. engages in the provision software development and allied services. It operates through the following segments: Digital and Application Services and Digital Foundation Services. The Digital and Application Services segment includes Application Development, Maintenance, Support, Modernization and Testing Services across a wide technology spectrum and Industry verticals. The Digital Foundation Services segment consists of Hybrid IT, Digital workplace, Dynamic Security and Unified IT provided under managed service platform using automation, autonomics and machine learning. The company was founded on March 29, 1963 and is headquartered in Pune, India.
A bullish flag and pole pattern is visible on the daily charts of NSE:ZENSARTECH One can create a fresh position in the scrip from INR 505 to 515 with a stop loss of 495 for a target of 548/581
Exit the position if the stop loss is triggered on DCB.
If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates.
Post your comments and queries.
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
SUNFLAG can be long for 25% Rt on WTFHi,
NSE:SUNFLAG is a holding company, which engages in the manufacture and trade of iron and steel products. It offers flat, round, and bright bar, wire rods of alloy, spring, and stainless steel. The firm's products are mainly used for the manufacture of Automotive Transmission Gears, Drive Shafts, Steering System, Bearings, Exhaust System and Engine Components through hot forging, cold forming and machining operations. The company was founded by Satyadev Bhardwaj on September 12, 1984 and is headquartered in Nagpur, India.
An On Neck Pattern is activated on the weekly chart of NSE:SUNFLAG which probably fetch more than 25% return in coming weeks.
On can create a long position in the scrip near CMP of INR 239 or below with stop loss of 206 on weekly cloasing basis for a target of INR 273 and 307
Exit the position if the stop loss is triggered on WCB.
If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates.
Post your comments and queries.
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
BIRLACORP: Flag BO on WTF for 15 to 18% TGT an MoreHi,
A bullish Flag and Pole of NSE:BIRLACORPN on Daily chart is emerged with good volume.
Long position can be created in the scrip as per the price levels mentioned on the chart.
If you agree with the idea then hit the plane icon and don't forget to follow me to all the latest updates.
The Risk Reqard Ration is 1:3 or more.
Exit the position if the stop loss is triggered on WCB.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
AffleIndia: Flag BO on WTF for 15% TGT A bullish Flag and Poleon Daily chart of NSE:AFFLE is emerged with Very good volume.
Long position can be created in the scrip as per the price levels mentioned on the chart.
If you agree with the idea then hit the airplane icon and don't forget to follow me to all the latest updates.
The Risk Reqard Ration is 1:2 or more.
Exit the position if the stop loss is triggered on WCB.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
TITAN : CASE OF ENDING DIAGONALThis is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began.
Here in the stock of TITAN, this ending diagonal is placed as a wave-C of a corrective move.
As you can see in the chart, this pattern looks like an ending diagonal having wave-1 wave-2 wave-3 wave-4 & wave-5 . Each of these five waves are having an internal structure of three waves. So as per the wave analysis we can say the stock price of TITAN are going to fall . It has been seen that the target level of ending diagonal wave is the origin of the diagonal or the wave 2. So one should see a selling opportunity in this stock & look for the target zone as mentioned in the chart.