Falling wedge trading set up1. Beautiful falling wedge with 5 months consolidation breakout
2. Clean & crisp structure for its continuation of uptrend
3. 1:4+ RR minimum
Stockstowatch
PATELENG: QIP done! What's next?PATELENG fell 8-10% today due to QIP which was near 59 and now the price is trading at 58. Seems like it is in a Flag pattern and target should be 300 on a long term basis.
Short term targets should be: 80-100-105-120-135-153
RCF: Potential reversalRCF fell from 190 to 118 and CMP is at 133 which shows some strength and potential to make a new high or touch ATH zone. SL can be considered any closing below 118 on Daily basis.
NOTE: I'm not a SEBI REG. Study before investing.
EMAMI Ltd (at support)EMAMI results were quite decent and right after the results the stock is showing some signs of reversal. Enter with limited qty to accumulate a little in the coming days.
NOTE: I'm not a SEBI REG. Study before investing.
ENDURANCE (Potential REVERSAL)ENDURANCE made a high of 2300 now back at support for a RE-TEST (HIGHER LOW) if it bounces from this zone then you can expect a new high in coming weeks.
INDIANHUME (Weekly BO)Stock rallying and made a successful POLE & Flag BO and expected to double from this point (299). TARGETS: 415-505-581-610
NOTE: I'm not a SEBI REG. Study before investing.
PB FINTECH PB fintech on weekly is looking good 1470 is it's all time high and stock created a range near it's all time high resistance so if it breaks 1470 and sustains above the level then we can expect a good movement we can expect 20-30% upside once it sustain above 1470 pre breakout entry level should be 1400 if close above 1400 one can take entry before breakout
Do your own research before investing
CIPLA, Triple Top PatternToday we have an indecisive candle with a high of 1,514,20.
The price has made a triple top pattern.
Tomorrow's candle will clear whether the price has respected the pattern or not.
Trade accordingly.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Samvardhana Motherson International Ltd (Multiyear Breakout)Samvardhana Motherson International Ltd has given a multiyear breakout. The stock can head towards 200, 250 in the coming few months. Support is at 135, can retest the same level again.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Jupiter Wagons Ltd.(EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Jupiter Wagons Ltd.
Target: RS 635
CMP: RS 602.20
ENTRY RANGE: 595-610
STOP LOSS: RS 525
Disclaimer: I am not Sebi Registered.
JKIL (Asc Triangle Breakout)J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Emami LTD (Trendline Breakout Setup)Emami LTD has given a trendline breakout on a weekly time frame. The stock might head towards 680, 750, and 800 levels in the next few months. Also, a volume spike is visible on the weekly closing candle. The stop loss can be placed at 588 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Bullish Flag pattern in SANGHVI MOVERSA Weekly Bullish Flag and Pole pattern is visible on the charts of
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the NSE:SANGHVIMOV
MACD gave Positive crossover on Daily chart , Monthly chart and on weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 740-760 levels with the stoploss of Rs. 620.55 on weekly closing basis. The 1st target will be 840.10 , 2nd target will be 928.10, 3rd target will be 1008.20, 4th target will be 1096.65 and fifth target will be 1184.55.
Electrosteel Cast: Flag BO on WTF for 15 to 18% TGT an MoreA bullish Flag and Poleon Daily chart of NSE:ELECTCAST 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 1:2.5 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.
BIGBULL bReAkOuT A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:CAPLIPOINT
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:CAPLIPOINT
MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 1190 levels with the stoploss of Rs. 1090.45 on weekly closing basis. The 1st target will be 1293.10 , 2nd target will be 1397.10 and 3rd target will be 1499.20.
TAJGVK: POLE & FLAGTAJGVK in weekly time frame is showing a POLE and FLAG pattern. Expecting some good move in this stock. Targets are marked on the trendlines. Follow as per your risk/greed.
NOTE: I'm not a SEBI REG. Study before investing.
Samvardhana Motherson InternationalLtd(EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS)
Samvardhana Motherson International Ltd.
Target: RS 148
CMP: RS 140.15
ENTRY RANGE: 138-142
STOP LOSS: RS 130
Disclaimer: I am not Sebi Registered.
PAKKA LTD : Pakka Breakout!?PAKKA LTD is hovering around it's breakout zone and volume spurt suggest it can break coming week. I have marked the TARGETS on the trendlines. Follow as per your apatite.
NOTE: I'm not a SEBI REG. Study before investing.
Short Term Trading Idea on Honeywell Automation for 15% UpsideHi,
An bullish on-neck Breakout pattern emerged on the daily chart of NSE:HONAUT
MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
Level of Entry, Exit & Stop loss mentioned on the chart.
Follow me for more scuh IDEAS.
This idea is for educational purpose only.
LICI - Ready to RunThe stock is trading above its long term and short term moving averages.
The stock has retested its previous all time level twice and now gave breakout on daily chart of Rs 1000 resistance level. The stock seems to reach a target of 1150 in coming days.
Disclaimer: The stock shared is for educational purpose and does not have any buy or sell recommendation.
LXCHEM (Laxmi Organics) REVERSINGLXCHEM is reversing after a long consolidation phase and as per Weekly time frame targets are as followed:- 300-325-350-400-450-500-600-630.
SPIC! Picking Pace?SPIC is showing some sign of big breakout in coming weeks. Ascending Triangle breakout is expected. Targets are mentioned on the trendlines.
NOTE: I'm not a SEBI REG. Study before investing.
Stock to focus this weekThe price has successfully completed its cycle of expansion and compression.
And the price is trading in a small range during five trading sessions.
From these levels the price has a high tendency to move in either direction.
Keep an eye on this stock.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
