Orchid Pharma Stock Quick Move IdeaThis Stock can be a multibagger Stock.
Big Player control
Pump and Dump
2x 3x may be possible in 1 Year
Tecnicalanalysis
aud-chf crate double top pattern. after pattern market sentence major zone.
wait for breakout
upside breakout- buy
downside breakout - sell
NIFTY ANALYSIS - 09/05/2023BUY - 18290
SL - 18250
TARGETS - 18350,18400,18450
SELL - 18250
SL - 18290
TARGETS - 18220,18170,18130
Trade with Your own risk
BANK NIFTY ANALYSIS - 09/05/2023BUY ABOVE - 43400
SL - 43350
TARGETS - 43580,43770,43900
SELL BELOW - 43170
SL - 43270
TARGETS - 43000,42380,42580
Trade with your own risk
Morning Mantra - 5th May 2023Dear All,
So finally we had observed a very beautiful movement in Nifty on the day of weekly settlement. Wherein after 2 days, we had finally witnessed a closing of above 18200.
For now, if Nifty successfully sustains above the level of 18200 on weekly closing basis then we are very positive for a new high in Nifty with the stop loss of 17800 in the coming days.
Therefore, until then keep following the Cherry Picking strategy .
Keep Investing!
Happy Trading!
Regards,
Alok Daiya
SEBI Registered Research Analyst
Inverse Head and Shoulders A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pattern direction.
Script = Nifty
Time Frame = 1Day
Shooting Star A shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star . If the price declines during the next period they may sell or short.
If the price rises after a shooting star , the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = Tata Motors
Time Frame = 1 Day
Morning StarA morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.
Script = Ashok Leyland
Time Frame = 1 Day
Double bottom pattern in BAJFINANCE BAJFINANCE
Key highlights: 💡
✅On 2Hr Time Frame Stock Showing Reversal of Double bottom Pattern .
✅ It can give movement upto the Reversal target of above 5890+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 6255+
Morning Mantra - 23rd March 2023Dear All,
After witnessing a gap up opening in Nifty yesterday, there was a hope that the Index might give us a closing of above 17180 . However, unfortunately that did not happen .
Which, therefore, is a clear indication that the level of 17180 is still working as a strong Resistance for the Market. Furthermore, we are still with our words, that aggressive buying should be avoided , until and unless Nifty gives us a closing of above 17180. As it is only after this breakout, that we can witness a significant uprise.
Besides, we are still positive on the Market for the upcoming 8-9 days.
So, in the meanwhile, keep following the Cherry Picking strategy with the support of 16800.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Wedge pattern reversal in BPCLBPCL
Key highlights: 💡
✅On 1M Time Frame Stock Showing Reversal of wedge Pattern .
✅ It can give movement upto the Reversal target of above 484+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 770+
APL APOLLO TUBES - 30% RETURNS!!!BUY - APL APOLLO TUBES
CMP - Rs. 1244
Target - 1: Rs. 1400
Target - 2: Rs. 1600
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Maximum Return - 30.4%
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Morning Mantra - 17th March 2023Dear All,
So, Eventually Nifty did touch the level of 16850, followed by a spectacular recovery in the second half and finally gave a closing with a beautiful doji formation , that all the bulls were looking for.
But still the danger is not completely averted . So, we will have to wait for today's closing for the long term results.
Besides, 17180 will be our next important level , after which we will be able to think for some more aggressive investments.
Until then, stay stock specific.
Regards ,
Alok Daiya
SEBI Registered Research Analyst
Head and Shoulder Pattern A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
The neckline rests at the support or resistance lines, depending on the pattern direction.
Script = Tvs motors
Time Frame = 1 Day
Falling wedge pattern breakout in TITANTITAN
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2545+.
✅Can Go Long in this stock by placing a stop loss below 2330-.
✅breakout this can give risk:reward upto 1:3+.
Double top pattern reversal in ABBABB
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of double top Pattern .
✅ It can give movement upto the Reversal target of below 2655-.
✅Can Go Long in this stock by placing a stop loss above 3460+.
Falling wedge pattern breakout in TORNTPHARMTORNTPHARM
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1630+.
✅Can Go Long in this stock by placing a stop loss below 1475-.
✅breakout this can give risk:reward upto 1:4+.
Bullish flag pattern breakout in SIEMENSSIEMENS
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Bullish flag pattern Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3635+.
✅Can Go Long in this stock by placing a stop loss below 3180-.
✅breakout this can give risk:reward upto 1:6+.
#NIFTY Intraday Support and Resistance Levels - 06/03/2023Nifty will be gap up opening in today's session. After opening nifty sustain Above 17660 level and then possible upside rally up to 17760 in today's session. in case nifty trades below the 17620 level then the downside target can go up to the 17540 level.
Falling wedge pattern breakout in INTELLECTINTELLECT
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of Above 674+.
Falling wedge pattern reversal in TORNTPHARMTORNTPHARM
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 1505+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 1630+ .
Falling wedge pattern breakout in SUNTVSUNTV
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 460+.
✅Can Go Long in this stock by placing a stop loss below 426-.
✅breakout this can give risk:reward upto 1:6+.
Double Bottom pattern breakout in LALPATHLABLALAPATHLAB
Key highlights: 💡⚡
✅On 1hr Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2010+.
✅Can Go Long in this stock by placing a stop loss below 1915-.
✅breakout this can give risk:reward upto 1:2+.
