Buy Century Text at CMP with stoploss of 389 for the Target of 475 Study: stock is trading near retesting area of Inverse Head & shoulder pattern.Good Risk to Reward Trade
MCX is moving in a Channel Crossing 1630 Level can give good upside
Stock has broken out of weekly resistance and retesting. Long view once price crosses 155
Buy ITC in betwwen 212-217 Stoploss 205 Target 235 Stock is now trading at retesting zone after Breakout...It may take support and bounce from given level
M_M was in uptrend and recently price failed to create New High and made Lower High which indicates it as a double top pattern Price is currently resting at neckline. It is weak below 790 Level (if fall continue watch out for breakdown and a strong rejection candle during retest)
Buy Jindal Steel ..Stoploss 292 Target 315-318 Study: Symmetrical Trianle Breakout and Retesting
retested from previous resistance. entered at 607 with 1:2 RR lets see what happens..
Buy Lupin in between 992 to 1000 area Stoploss 960 Target 1050 and above Study: Stock is trading near retesting level of previous Breakout.It can take support and go up
Buy Hdfc Life Near 668 to 671 area with stoploss of 648 Target 712 Study : Double bottom Breakout and now stock is trading Near Retesting level...
Perfectly adhering to the trend line Bullish View if sustained above 950 in 1hr TF Can be bought at CMP levels Target 1020/1030 levels Stop Loss 875 levels
Wait for the retest and get into the trade and it has more than 70% chance to go on our favour!
After a huge fall from 763 levels in Feb to 284 bottom levels in March, Axis bank is probably heading upwards. As marked in the chart initially 447 and 487 in later stage would be key levels to look for. I'm bullish on Axis bank above 447 levels. 487 would be the first target to look for.
MGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe. The price is moving along a rising trend line & price is currently at the trend line. The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below. Long above 1014 Short below 991 Fixed...
Trendline has been broken, it will go down further to support area. More than 2700 points profit.
Accumulation is going on. Price is printing above .618 fib level. Price is printing within narrow range. Entry may be made at bottom of the range near 68.75, keeping SL near 66.9
#TRENT SOMETIMES WE TRY REALLY HARD TO SELECT STOCKS FOR #investments AND FOR #trading BUT LOOK AT TRENT CHART STRUCTURE FROM LAST 10 YEARS. NO INDICATOR, NO OTHER ANALYSIS WAS REQUIRED #NIFTY #StockMarket #stockstowatch #niftywizard
FSL has given breakout with Good Volumes. Would go long on market open 2morrow SL 46 Close based. Target Open since stock is on Verge of Breakout on Weekly.