Long side GrasimSwing trade Holdings
Entry : 1410
SL : 1398-1399
target : after break out needed to decide probably around 1500 -1550 - 1600
actually it did break the HH by crossing all-time high of 1471 but didn't sustain now came back near entry level !!!!!
this level is a support region and also is a EMA 30 min support which is a strong resistance
If anyone want to enter can enter with your own risk and strict stoploss at 1398 -1399
Strong
INFY SidewaysOn higher time frame infy taking multipal times Support and Resistance From area that shown in Chart wait for breakout ....
big momentum we can see both side....
No tading Zone - 1320 to 1380
RSI also weak...Wait for Strong Momentum
One can take trade on smaller time frame only for Intraday with their own SL and Target
Orient ElectricTHE ORIENT ELECTRIC IS GOOD FUNDAMENTAL STOCK. IT IS CURRENTLY TRADING AT ITS SUPPORT LEVELS. IT'S GIVE A HAMMER PATTERN IS BULLISH REVERSAL CANDLESTICK PATTEN.
SO NOW TIME TO BUY ORIENT ELECTRIC.
TARGET IS 300 ; 330 ; 350.
STOP LOSS IS 255.
NOTE:- THIS TARGET IS FOR SHORT TERM ( 2 DAYS TO 3 MONTHS ).
UJJIVAN LONG (STRONG BUYING LEVEL)BUY UJJIVAN 211 SL 202 TARGET 241/ MAXIMUM TGT 273
VERY STRONG BUYING LEVEL
Strongest stock - DMART (Rejection day)Buy At 2588-2600 range for an excellent entry.
SL - Exit if stock close below 2580, since it will definetely test the low's of the rejection candle.
Reason for the trade: Rejection day
Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after the rejection.
Exit when : A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection Day low
Disclaimer : Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
4 to 8 weeks Breakout + ShakeoutAfter a 122% Move in Last 10 weeks and a 259% move from its 52 Week low. Ester went in to a 4 Week Consolidation which is generally a good sign, Post Breaking out of this Base on 16th September it reversed and came down for 2 Weeks and then came the breakout again on 5th October which was stronger than the first one as the weaker hands were out after the first failed BO. Technically Entry on the first breakout may have resulted in being stopped out but as they say you should never stop watching a stock immediately after being stopped out of it once.
Again ready to blast? Bulls shall charge ahead if 30400 is brokeJust like Nifty I also see strong signs of trend continuation in BNF, although its not good idea to be this super long in both index as they both have positive correlation and your risk management can be out of order if view goes wrong, what can I say? Its just looking like bull territory above 30400, and I feel that hurdle will be crossed in Monday opening.
This view can be negated if BNF slides below Friday low, so be careful there and carry SL strictly.
MERCK Merck Ltd. feeling strong support at 2600 levels. It will reach 3000 levels soon.
If it breaks out 3080 levels it will easily go to 3600 :)
MEGHMANI is now "CONSOLIDATING" in "FLAG PATTERN" MEGHMANI is now "CONSOLIDATING" in "FLAG PATTERN" with huge volume . Better to buy above 115