Strongbuy
AMBER - simple short term analysis enter @3000-20 range
sl below 2970(risk 60 point)🙏
trgt 3150-3270-3400+
long 3700-4000++
🧩fundamentally strong stock.
🧩chart looks good.small risk high benefit trade.
🧩the stock is in a good support zone
🧩weekly chart.chance to continue its trend.👇
study then invest🙏
CAMLIN FINE SCIENCES ( darling speciality chemicals sector)stock is has a lot of potential for growth in a very fast growing industry.(until over allocation and misallocation of capital happens by the management this industry will be very good, moderate entry barriers profit pools most likely to stay
just like WB said a shitty stock in a great industry is greater than a great stock in a shitty industry
levels are all mentioned on the chart
like the idea and follow me if you want more such ideas
cheers
Gujrat Gas Breakout 1D chartSo I am taking this trade on my basic 'Atleast 3 reasons to take a trade rule'.
All of these reasons are based on technicals and indicators.
Reasons
---------------------
1. Breakout in Daily charts with high volume.
2. Breakout of 0.382 Fibo levels.
3. Both RSI and MACD suggesting an upmove.
4. Share price crossed 20 DMA while being significantly above 100DMA & 200DMA
5. It has crossed 20 MA, 100 MA, & 200 MA on 30m chart
I would suggest a strong buy on this stock but this is just my view. Analyze and fact-check everything yourself before taking a trade
TAMO- Tata Motors in excellent uptrend, likely targets 448-54826-May-21
NSE:TATAMOTORS
Stock in excellent uptrend, but faces lots of hurdles ahead
Pro's
Strong uptrend, and consolidating.
New 52w Hi, Plus Hight and tight consolidation indicates likely upmove soon
Likely Targets: 432-448, 548-564
Cons
Overall upmove likely to face multiple resistances ahead.
Consolidation ahead could be likely long drawn, choppy, yet healthy between 300 to 430 range
Below 281, likely targets 236 to 200.
Sustaining below 200 may weaken it furthur
Company with strong financials and also the chart looks goodWe are going long for this stock due to multiple positive reasons which include Financials of the company and also the chart. Enter at market price .83 will act as resistance level so we might see correction near 83 and our second target is 100
USHAMART | Triple bottom | Breakout | Long termThe stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern.
Classic price target {The breakout level + height } has been successfully achieved.
The strong back to back bullish candles with huge volumes and a aggressive MACD supports the long term trend which also confirmed by the 2.5 year resistance level breakout.
BANKNIFTY DEC 25 ANALYSISThe market saw a very quick and sharp recovery this week. Generally, when the market reverses in this manner, it is a sign of trend continuation. In this case, the larger trend is bullish. If the price is able to break the breakoutline marked on the chart, we could see an upside towards the previous highs. The next significant resistance points are around 30,800 - 30,900 levels.
The market still may not break those levels with ease, due to the holiday season this week. The number of active players may be low resulting in lower liquidity. FIIs celebrating Christmas might also result in low money flow through the market which may affect the potential gains that could happen. Although there still remains a strong chance for the Index to move to newer highs towards the end of the week or beginning of 2021.
These are my own personal views, just trying to share.
Like and comment if you find it helpful. :)
Indigo- Good Setup to Go Long- Swing TradeNSE:INDIGO is forming good Base and Crossing 1395 will be Good Buy for Target of 1600 with SL1300.
My Analysis point of view is for Swing Trade based on Delivery stock.
Why Bases Form
A base visually represents a great stock’s need to take a break. After a nice run-up in price, preferably 30% or more, such a stock will decline – in most cases, mildly. This is often the beginning of a new base. At some point, demand among mutual funds, banks, hedge funds, pension plans, and the like suddenly spikes. So, does the stock’s price. A breakout past a base’s proper buy point begins.
Good Read Related to Understanding Bases/Pattern and how to Trade them
blog.marketsmithindia.com