MAITHANALL | Trendline breakout and has good room to run 50% - Small cap with low volume - But fundamentally valuable company like POLYCAB. CMP : 652 (Dip until 615) SL : 560 Target : 975 Almost 1:5 risk reward
*This is not a recommendation, this is just an idea. Stock Name - Cadila Healthcare Sector - Pharma Fundamentals - Very Strong Technical Analysis - Very Bullish Stock Pattern Formed - Cup and Handle Pattern Target - 715 ( If it crosses levels of 680) Stop Loss - 660, 650 ( if it crosses 680) ** Rock The Stock **
Globus Spirits (GLOBUSSPR) has taken support at the 200DMA which is also a price support. The stock seems to be reversing at this zone. Low risk longs can be initiated for Fibonacci targets of 343/373/425.
Johnsons Hitachi (JCHAC) stock is hovering at its year-long support where it has struck multiple times in the past. We are also at the 0.618 retracement from Aug'19 low to Mar'20 peak zone. We are closely monitoring the price action at this level. Any signs of bullishness would be a good time to go Long for a sharp up move. Will post an update on this post as we...
Bhansali Engineering Polymers Ltd. breakout from parallel channel pattern and retested Stop Loss @ 196.50 Target @ 212
I will buy PAGEIND because : It has been taking support at the trend line . It has touched the support has not been able to break it. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 28100 Target : 32250 Stop loss : 26856
Entry Should Be Above Breakout Level. Buy, Stop loss, Target Mentioned On The Chart. (P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.) If You Like Do Not Forget To Like Thank You
NIFTY50 stock BRITANNIA is at Demand Zone. As we can see, BRITANNIA is taking resistance from a trendline since 12 April 2021. Currently, it is trading near its demand zone at 3423.45. Looking at recent day's deliverable quantity, we can say buyers are taking interest in this zone. RSI is also moving above 40. We can consider BRITANNIA for a swing trade if it...
Curvature support is playing a major role and also there is increase in volume. Looks good for more upside movement
Adani Power CMP 47.35 - We observe a sudden surge in the stock from 34 odd levels to 64 - the red zone has acted as a major resistance zone since 2013 - it again acted as resistance and the stock has tumbled to 47 - this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels - & if the stock is able to...
IBREALEST on good support for reversal.can give return of 8%, 15%. Wait for green candle on shorter time frame for confirmation. Consult your financial advisor before investing. Thanks
IF it breaks down, the lower side is less = no shorting. Long on the yellow trendline or long after BO from consolidation :)
Today was a profit booking session that happened. 15800 there was huge call option open interest which probably have gave pressure for a small down move. Main point is 15600 did not break on closing basis even on a one hour candle and still its fine on chart perspective. Keep 15600 as stop loss preferably on a close basis in one hour chart and 15500 as final stop...
IOB CMP 20.45 Back on April 20th, when the stock was around 16, this is what was posted... The chart suggested a larger gain potential in IOB. The stock took some time to take off. One needs to have patience, trust the studies and the chart. The results is in front of you. 30% gain in less than 2 months. We can not time the market... but when time comes...
Good stock at good levels :)
L&T Fin holdings has broken above a falling trend line after bouncing off a previous support level. Buy: L&T Fin Holdings CMP: 97.50 Target: 110 Stop Loss: 93
🔰 MY thought process : ⭐Symmetrical pattern BO again at monthly resistance 🔰Am I taking this trade now: Already in it :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I...
I draw a support and resistance line for learning purpose for beginner and for sharpen the axe of medium and experience Trader also. learning is important it is every where so garb it as much you can mcpriceaction