Buy Nifty @ 9845 (CMP) with a SL of 9645 and target of 10080NIFTY seems to be following in Channel as shown in Chart, Similarly if you see on RSI similar to trading range there is expanding triangle and recent fall was with higher velocity which brought RSI to over sold zone. So I believe there will be this final up trend rally in NIFTY before we can witness a healthy correction. This Rally should also be as swift as the fall to confirm the final uptrend rally. So I want en-cash on this swift movement but going long on NIFTY.
NIFTY as indicated through arrows has given minimum 5 % returns whenever it has touched the bottom of the channel. So again this supports our view to go long on NIFTY.
Trader
Cup & Handle breakoutIt is been observed that ANDHRA BANK, has given a cup and Handle breakout near 57.5. bullish in nature. watch near 56 to 58 for target 63/72 stop loss below 54.
renewable solar energy stock on momo playI was looking solar stock for long term investment (10 year-20 year)
this is my first test of such long term plan.
long at 53( 7% portfolio weight)
Sl 41
will add more: 80,100,110 and see the fruits if remain in play for long term.
this is my plan i am committed to execute its strictly.