Swingtrader
IFB Industries long Trade IFB Industries long Trade. The box pattern is broken today. You can find the flag pattern too. IFB Industries have good fundamentals and now technically looks strong. The targets are 1450 and 1650.
Target 1: 1450 (In 40 days or might be in this next week)
Target 2: 1650 (In 60 days)
Happy Trading!
BEST BUY AVAILABLE IN PHARMA STOCKS According to my analysis, I see a good buy in WOCKPHARMA @482-484 in this bullish market.
Reasons:
1. Supertrend* generated a buy signal.
2. Average Directional Index is above 20** and is rising.
3. Close to 200 ema, Bounce Back Expected.
4. Near PIVOT R2, May act as support now.
Time frame: 1day, Strategy Type: Swing Trade
*Supertrend settings= 14/3
**ADX above 20 generally suggests that stock is not in sideways.
I firmly believe that WOCKPHARMA can give a 5-20% return in 10 to 15 days.
COMMENT YOUR THOUGHTS ON THIS:)
NOTE: This is my personal opinion only, not a tip or something. I am not SEBI registered, this is for educational purposes only, you may use my strategy but I will not be responsible in any way for the profit or losses if occurred.
Best Buy available in this Bull run!!According to my analysis, I see a good buy in NMDC @153-154 in this bullish market.
Reasons:
1. Supertrend {14/3} generated a buy signal.
2. Average Directional Index is above 20* and is rising.
3. Above 200 ema & close to 50 ema**
4. 9 and 26 ema crossing.
Time frame: 1day, Strategy Type: Swing Trade
*ADX above 20 generally suggests that stock is not in sideways.
**But 50 ema may act as a barrier
I firmly believe that NMDCl is can give 5-20% in 10 to 15 days.
NOTE: This is my personal opinion only, not a tip or something. I am not SEBI registered, this is for educational purposes only, you may use my strategy but I will not be responsible in any way for the profit or losses if occurred.