GRAPHITE | Looks good for doubling - 133%
CMP : 476 (Dip till 420)
SL : 380
Target : 1065
Almost 1:10 risk reward setup. Can put 5-6% of the capital and sit tight without disturbing the trade. May take few months to perform
BIRLACORPN | Previous resistance is an excellent support and looks very safe above 800. Can see 50% and plus
CMP : 860 (Dip till 800)
SL : 740
Target : 1240
1:7+ risk reward setup (from dip - if we get)
In today's session, Maruti gives head and shoulder pattern on the daily chart. After this breakout huge downside expected. According to the pattern projected target possible 6132 in the upcoming few trading sessions. 6740 and 6300 levels will act as intermediate support during this fall.
DAAWAT (aka) LTFOODS | Paisa double opportunity - Looks good for 101% ROI
CMP : 52.70 (Dip upto 48)
SL : 38
Target : 105
Almost 1:6 risk reward setup
Its weekly time frame, high patience required. Just put a 5-8% of the capital and allow it to work for us.
DRREDDY | Low risk simple supply and demand play - W Pattern - 20% opportunity
CMP : 4510
SL : 4240
Target : 5450
Almost 1:4 risk reward setup
Attached weekly chart in comment section, it is taking excellent support near the previous swing high.
The scrip is trying to break its 3yr plus resistance. Just look at the level of accumulation going on in there. The last time it tried super hard was in the week starting of 24th August but later on 31st August, sensex crashed hard, so chance gone. Then it tried again and the next day was 21st December, yet another biggest crash in post-covid scenario, chance gone...
TATACOFFEE | Breakout with volume giving us another opportunity second time - Potentially 35-40%
CMP : 130 (Dip till 120)
SL : 115
Target : 170
More than 1:10 risk reward setup from the dip (120)
November is winter season we had Filter Coffee
Now March is summer lets expect a Cold Coffee