technical analysis - points to be bullish on Bandhan Bank. 1. Bandhan bank was in downtrend for many weeks gives a fake breakout once , but gives pullback again. 2. for more confirmation, at 1 hour time frame- confirmation that the current breakout is not fake, downtrend breaks & retested results in ready to move up. 3. on weekly chart, shows bullish...
TCS double bottom pattern over the Trendline where it had a breakout. Swing traders can plan SL below the TL swing low.
400 rs - great level of resistance line, it will move upper or down way we will wait and see.
Once again Bharti airtel is ready for BO & new highs in the coming days. Can take entry after the BO level. Keep the stock in your watch list. This is for your educational purpose only.
Long Adani enterprise above 1570 TGT 1615-1650 SL 1525. Entry has to be taken after the BO of the resistance area as well as marked TL. RSI is above 60 level & expected to move up. This is for your educational purpose only.
Nifty Just following the 2-3-5 Rule. Those who have been following me will know that this is what we had predicted on November 01, 2021. For first time readers, one can refer to our update provided on November 01, 2021 where we had suggested a possibility of Nifty rising up to Channel top around November 09, 2021, highlighted with a red arrow mark, when it...
Canara bank is retesting the Support area. High probability to bounce from the area. keep the stock in your watch list.Go long on the positive candle for a further upside move. This is for your educational purpose only.
We are looking at daily charts of Asian Paints - Since 24 Sept 2021, we observe the stock is making lower top lower bottom - trading in a yellow channel - currently near channel top Given the set up one may consider to sell Asian Paints 3200 Call option around 40 ROI potential of 8% on Margin requirement till 25 Nov expiry Inbuilt loss protection for a...
#LFIC (M):- 115.35 CMP, looks good for more upsides keep track :)
#INDIAMART (D):- 7597.35 CMP, looks good for more upsides keep track :)
#KPITTECH (D):- 399.6 CMP, looks good for more upsides keep track :)
ASTERDM (W):- 205.35 CMP, looks good for more upsides keep track :)
Looks good at CMP for swing traders with SL below 730. Plan you risk first.
Long KTK Bank above 74.15 SL 67 Target 110. Good risk to reward ratio. Stock is trading near the Weekly BO area. Wait for the Bo of weekly area. This is for your educational purpose only.
MCAP : 8672 CR TTM NP: 508 cr Trailing PE : 17.1x The new results woulsd be in the region of 105 cr, pushing the ttm Net Profits to 506cr and PE to 16.2. The channel set up since Mar 2021, is very attrractive. The cup like formation is even more convincing. Much better play among the Infra companies like KNR or GR Infra.
The stock is at crucial resistance levels Given the set up one may consider to sell 25 Nov expiry 260 Call option currently around 7 Strategy has max profit potential of Rs 47250- per lot and has in built loss protection for a rise up to 267 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not...
Long varun bevarges above 940 for the next target level of 975-985-1000 with small SL of 905. Very good trade with good risk to reward. Entry taken only after the BO of Resistance level. This is for your educational purpose only.