HDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus
CMP : 1525 (Dip : 1480)
SL : 1390
Target : 1730
Almost 1:3 risk reward setup
The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely
Some bad trades are allowed, we won't go broke by holding
Can allocate little above our usual allocation.
These...
buy above 260 in Swing trade and Intraday
for Swing trade keep stoploss below trendline somewhere around 220-225
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger...
Hi everyone, Tata motors short-term swing trade consider buy on pull back 478 target 497 stoploss 466.
LOGIC BEHIND TRADE : Stock has given correction recently & given breakout of dynamic trendline resistance and static resistance too! buying on pull back is best & makes good RR risk reward ratio target identified from harmonic xabcd pattern level 1.272 stoploss...
PAYTM falling wedge pattern in 1 hour TF with reversal near 50% level of Fibonacci. Longosition can be planned with SL below the Swing low near 50% level.
The Stock has been on rise for the last few days, if its able to break the resistance and close above resistance, then one can take entry. Looks good for swing above 145.
BHEL | One more swing opportunity supported by 200 EMA + Trendline Support - Potential for 30%
CMP : 59
SL : 54
Target : 78
1:4+ risk reward setup
We traded this stock few times, it is favorite stock for some of our friends :)
SBIN | Trendline and Previous breakout retesting - 25-30%
CMP : 470
SL : 440
Target : 590, 600
1:4+ risk reward setup
If we connect Swing low to Swing high the Fib support also taking place at 455 level.
Target is based on Fib target for next wave
HINDUNILVR | Excellent trendline support and value discount - Can expect 20% rally for short term
CMP : 2329
SL : 2200
The stock is trading in negative 3% for the year 2021 (As on 29/11/2021 close) - We can consider this as huge discount for the value stock.
