ITC: Trend line Reversal and looks profitable in long termITC uptrend reversal and RSI breakout on daily chart.
One repetative pattern found
In every 69bars price touch from lower trend line to upper trend line
and increase in price of Rs-74.
if it follow same pattern it will touch Rs:270+ by october end with stoploss of 190.
Its my personal observation do investment after consulting your financial advisor.
Please like & comment to motivate.
Happy investing :)
TERM
Buy Hdfc Life Insurance --Long Term Investment IdeaIt is a Weekly Timeframe Analysis for long Term Purpose.
Buy Hdfc Life near 625-650 Stoploss 540 Target 960
Pattern : Inverse Head & Shoulder Pattern. Retest area 625-650 Zone
Target is calculated on the basis of Pattern Structure i.e. Low of Head to Breakout Point
PRSMJOHNSN #StockMarket #StockIdeas #StocktoWatch #StockToBuyPrism Johnson Ltd.-->> Majorly in Cement Manufacturing.
Good Company, Available at Cheap Valuation.
Good Volumes Coming.
Also At Breakout, If Breakout Sustains with volume,
Stock will move to 2x -- 3x
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For Entry Levels Refer Chart
Entry At BO price 140 ~ 150
SL around 120 level
Target minimum 200, to 2x 3x.
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Strict SL to be maintaine in Every trade
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Mcdowells is a good bet beyond 700 for long term. It will break out of falling trend line resistance and will attempt to regain its glory once it is beyond 700.. Keep an eye for a big move. . Also up-coming festive seasons and unlocking will see a further increase in sales and volumes and help it cross that level.