Hi, 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...
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...
Yesterday Nifty was almost flat, traded in tight range and closed at around 19570, down by almost 26 points. One sector in this market is still shining even after a good rally in the past and that is NSE:CNXPHARMA NSE:BIOCON One of the contituent of Pharma index with market cap of INR 32794 Crore and it also holds the weightage of 2.36% in Pharma Index,...
A bullish Flag and Pole BO has been confirmed with googd volume on the daily hart of NSE:SEAMECLTD . One can create a fresh position in the scrip near the CMP of 748 or Below with a stop loss of Rs,. 708 on daily closing basis for a target of Rs. 790/830/870 Exit the position if the stop loss is triggered on DCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T...
There 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...
NSE:ROLEXRINGS has given a solid breakout and now one can go long in this position by keeping a stop loss at 2150. It gave an initial breakout and then took out the previous high which makes this breakout more interesting and strong.
1. Falling wedge pattern Breakout 2. Price is trading at support 3. 14 months consolidation 4. Decisive breakout 5. ATH can be seen considering the consolidation and a new ATH can be witnessed
NATIONAL ALLUMINIUM has come out of its range from july 2022 and is looking buy on dips as long it is above 80 levels ,can reach levels of 95/100/120/130 in coming days, SL 75 FUNDAMENTALS : # Company virtually debt free # Good cash flow # 50% promoter holdings (GOOD) # Low PE ratio (Undervalued) # FIIs and DIIs increasing stakes in the co (VERY GOOD)
Stock has given BO on daily chart with massive volume, follow chart for proper entry and exit levels, chart has been displayed on monthly TF to show the future targets.
Holding long on BEL- Actual buy 97 holding for 121. CMP 107.30 immediate support @104 hurdle @111 closing above 111-112 shall test 121 in medium term.
1. Chance are less to continue this downtrend channel 2. We soon can expect a breakout 3. Sure Entry is after breakout/ Early entry has it high reward for early risk 4. RR is 1:8+ 5. Price is also reversing from FIB 61 golden ratio
Globus Spirits looks strong and continues to rally after the initial triangle formation breakout and re-testing. I remain bullish on this stock and my revised stop loss for this share is 940. Go long and keep on trailing. I believe if the momentum supports, it will touch the old all time high.
1. 5 months consolidation breakout 2. After trend reversal breakout retest is also done 3. Trend is in line with market 4.Risk to reward is lucrative
1. Pole & Flag Pattern Breakout 2. 1 Year of consolidation 3. Breakout range is Big (Pull back is advisable) 4. Ultimate Targeted profit is 1:28+ RR (Long term positional view as per ultimate target)
1. Downtrend channel breakout 2. Inside bar breakouts 3. Reversal of trend 4. Only skeptical, as not much liquidity in this stock
1. Price trading at support 2. Good consolidation inside bar for 8 trading sessions 3. False Breakdown to trap sellers 4. Major trend is bullish 5. Lucrative RR
1. False breakdown to remove weak hands 2. Price trading at support 3. No new low printed (sign of reversal) 4. Risk to reward is 1:6+