Tradingsignals
Buy HPCL for target of 285About Company:-
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
Market Cap
₹ 33,655 Cr.
Current Price
₹ 237
High / Low
₹ 304 / 200
Stock P/E
Book Value
₹ 198
Dividend Yield
5.88 %
ROCE
11.6 %
ROE
18.1 %
Face Value
₹ 10.0
Debt
₹ 74,332 Cr.
EPS
₹ -60.4
PEG Ratio
Promoter holding
54.9 %
Intrinsic Value
₹
Pledged percentage
0.00 %
EVEBITDA
-18.5
HPCL looking good on chart, 200 day EMA is crossover just happen at 237 level. MACD bullish cross over is also gonna to be very soon. Right now it is trading in lower range but according to price action we can see upside moment, and very soon we can see huge breakout which can make HPCL towards 285+ levels. So if anyone wants to go long can go with given levels. Please follow strict stop loss.
If anyone wants to trade in Option writing can take this position:-
Sale hindpetro 240 Pe at 5.25
keep stop loss for this strike at 10
and hedge with Hindpetro 225 pe at 0.65...
If anyone wants to just naked option can go with :-
buy Hindpetro 235 Ce AT 5.8
keep stop loss at 1.5 and ride the trade for the target of 9/10/11+
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Hindalco can be bullish?Watch daily chart of hindalco stock. A very high probability that stock can form bullish candle near the TL support. So on any bullish candle near the marked area would be the good entry with very good risk to reward trade. Keep the stock in your watch list. This is for your educational purpose only.
ACE stock to take long entryACE stock has strong support at 50 EMA level. On higher time frames stock is very strong & bullish. Long-term swing trade as well as an investment opportunity in the stock. Long above the forming Pin bar above 440 with the ride in trend. 500 levels can be seen in the short term. This is for your educational purpose only.
IndusInd Bank Net Profits Zoom 50% Price Action also showing (+)IndusInd bank trading in a bullish channel and now it is trading in mid range of that channel. Price also taken support at EMA 200 D is line. MACD and RSi also giving bullish crossover. So technically this is looking awesome on chart. Now talk about fundamentally, so here today was the result day and result is also attractive and the board of the bank also recommended a payment of dividend at the rate of 14 Per share subject to approval of the shareholders at the ensuring Annual General Meeting.
So if anyone wants to go long in it, can go with given level on chart. Please follow strict stop loss.
For option lover:-
Sale IndusInd 1100 pe at 31
keep stop loss 62
& hedge with
Buy IndusInd 1000 pe at 6.9
For naked option buying:-
Buy IndusInd 1080 Ce at 53.8
keep stop loss at 13
Target 77/89/101
Please follow a strict stop loss
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Bitcoin can move till 29500+ levels from here.Bitcoin trading in a range 27k-30k, and now it is near to down range and it has taken support. Price action indicating a upside moment in it. Chances are very high it can travel towards 29k+ levels. So risk and rewards looking very favorable from this level to go long for at least 1000 points. if price closes above 28k levels then a sharp momentum expected in it. For now accumulate here and keep stop loss at given levels on chart. Right now it is trading at 27681. MACD is also going to give positive crossover very soon. All this indicating a price reversal from these levels.
So anybody wants to go long can go with given levels. Please follow strict stop loss in it.
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LINDINDIA can go bullishLinde India after a break-out above the level of 4150 can be more strong. Check-in multi-time frame for entry with a good risk-to-reward ratio. stock is holding the 50 EMA level with good support & long trend is upward.
keep the stock in your watch list. This is for your educational purpose only.
Icici Bank chart studyIcici bank spot cmp :- 927
Study :- Harmonic Patterns
Time frame :- Daily
Pattern Type :- Bearish Bat pattern.
Details :- AB leg can retrace between 38.2% – 50% of XA leg.
BC leg can retrace between 38.2% – 88.6% of AB leg.
CD leg can retrace up to 88.6% of XA leg.
PRZ :- 940-950
Pattern violation :- 958 (closing basis)
Reversal confirmation :- Bearish pin bar candle formation.
Keep watch.
Bounce back is expected in BankNifty Buy for target of 43500+Bank nifty has came down on support today's day opening somewhere, probability is high to bounce back from these levels, right now it is trading at 43205, So buy from here with the target of 43500/43600+,,keep a stop loss at 43000 and ride the trade.
Please follow strict stop loss as market is very volatile today. Chances are in this trade 50-50. So trade accordingly.
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Inverse Head and Shoulder Breakout seen | Target 320/330+Price moment indicating a bullish reversal in Chambal Fertiliser as we have seen Inverse or inverted Head and shoulder pattern in down levels and it has given proper breakout from it's neckline. So we are expecting some bounce back in it, and this momentum can take this ticker towards 320/330+ levels.
Follow all given levels before to trade.
I have a best option strategy in it. Bull put spread:-
Buy Chamblfert may 290 put at 6.1
and sale Chamblfert may 310 put at 15.6
just follow this. No stop loss as there is already hedge position is there.
Naked Buy option:-
Chamblfert may 300 ce at 9.55
and keep stop loss at 5
target 13/15/18+
Please follow strict stop loss in trade.
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RVNL is ready to Big move, it's making flag patternABOUT COMPANY:-
Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
Market Cap
₹ 15,656 Cr.
Current Price
₹ 75.1
High / Low
₹ 84.2 / 29.0
Stock P/E
10.9
Book Value
₹ 33.7
Dividend Yield
2.41 %
ROCE
16.8 %
ROE
19.7 %
Face Value
₹ 10.0
Debt
₹ 6,361 Cr.
EPS
₹ 6.90
PEG Ratio
0.45
Promoter holding
78.2 %
Intrinsic Value
₹ 133
Pledged percentage
0.00 %
EVEBITDA
8.11
PROS
Company has delivered good profit growth of 24.2% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 32.3%
Company's working capital requirements have reduced from 92.3 days to 20.9 days
Well company is good for short term as well as long term. Best dividend Paying Government stock. Trading at good price to enter for long term. So if anyone wants to go long can go with given levels and do not forget to put stop loss if your horizon only for short term.
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Every ready to take long entryEvery ready stock is to take a long entry above 305 after BO of marked TL with a target of 340-355. Stock is forming a W pattern on daily charts, Previously from the area, well support has been taken by the stock. Now a high probability that the stock will move upside. RSI also took support at 40 & forming positive divergences. This is for your educational purpose only.
Expecting a breakout in PINS very soonWell let me tell you @Maddy50 frankly chart is not looking that much attractive but it is just making zigzag pattern in a bullish range. But still if you see breakout in it then it could be a best buy for upside and we can see PINS towards 37/40+ levels in coming months. But we should wait for breakout. Or one another trade can be executed at lower levels somewhere 25 levels if you get,,,but take entry only with strict stop loss which i have marked on chart.
Note:-Wait for breakout to get a best entry.
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Expiry Day special Fin Nifty Hero Zero TradeFinance Nifty, nifty and banknifty and all other indian indices all are trading bullish since yesterday. FInance nifty has given breakout of previous levels. Now price and action indicating a sharp move towards 19200+. MACD and RSI also giving bullish crossover, EMA 200-D also below our current price all are giving a bullish signal. As per expiry point of view we can expect a huge upside moment in second half.
Highest call open interest seen at 19100 levels and 19050 levels. once fin nifty going to give crossover of these levels we can see a huge short covering and this momentum can lead towards 19200+ levels. Let's see what is going to happen we will update according to price moment.
For Hero|Zero Trade:-
Buy 19050 Ce for today expiry trading at now 16.9
Target we can see 40/55/75/95+
no stop loss this is purely hero zero trade.
trade in less qty. this will only increase when finnifty is getting sustain above 19050 levels as these levels are little barrier for today.
if these levels got successfully cross on chart then we can see this call option towards 70+ levels.
Please trade in less qty as risk is higher in this trade but if it is gonna to work according to our analysis this is going to give huge rewards.
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Neat & Clean breakout seen in Axis BankProper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart.
Please follow strict stop loss.
For option lover:-
Buy Axisbank May 800 Put option at 3.4
&
Sale Axisbank May 900 Put at 32
stop loss 65
Chances are very high we can reach target till first week of may month.
Please use proper stop loss to long this trade.