Tradeideas
Jain Irrigation (Range Breakout Candidate)Jain Irrigation has given a range breakout on the Weekly Chart. (CMP: 71.80). The Stock has a possible upside of 80, 95, and 120. Also, increasing volumes and Strong support is seen at 54. Closing above 66.70 is needed.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor prior to making any investment.
NYKAA (For Medium To Long Term)Range Breakout is seen on the Weekly Chart. The stock has a possible upside of 189, 236, 273 in the long term. View invalidate below 138 Weekly closing basis.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor prior to making any investment.
Short term trade setup in TataSteelThe chart is self-explanatory, with all levels marked for Short term trade setup in TataSteel.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Long position Opportunity in CDSL after big correction.A good opportunity to enter in CDSL after a big correction in market. In chart we can see previously, the trendline acted as a resistance and now the same trendline is acting as a support line/zone and bullish slash candlestick pattern formation can also be seen on the trendline. After a correction a good upside move can be seen in recent/today's (30th August) candle. The Risk Reward reward looks very much favorable in this trade soo... Would suggest to go long for the target of 1287, 1360, 1424 and the final ultimate target of level 1580, Can expect this ultimate target in coming 8-12 weeks. Go long With the strict stop-loss of 1170 level (only on candle closing below basis).
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.