We shared this analysis yesterday with Gap covering logic and we suggested that BNF might end in down trending range market. Glad we were able to predict the movement.
BNF has been trading in downward range market and it’s making LH LL pattern with price squeezing at the end if the range market. We also observed that every time BNF was making LH LL pattern the retracement on minor trend was from 50%, both the times (marked in red circle) so we believe BNF might gap down and sustain above the Demand zone, give us a reversal ,...
AMBUJACEM (Multiyear):- BUY Above 300 for 450 Target with Stop Loss 270 DCB
ETH/USDT has broken its major support trendline but couldn’t sustain to stay above 200 MA for a long time. While posting this ETH is trading in a range market, making a bit dicy for confirmations. Looking at the chart patterns we could plot HEAD & SHOULDER pattern. Once the neckline is broken we can look for short position and target can be the length of the start...
PRABHAT (Monthly) :- BUY AT CMP 90/85 FOR TARGET 165 WITH STOPLOSS 73 DCB
ABCAPITAL (Monthly):- Buy on dip 120 to 80 till accumulation for 190/200++ Target with Stop Loss 60 DCW
AARTIDRUGS (WEEKLY):- BUY ON DIP 705 to 670 till accumulation for Target 1800/2000 WITH SL 497.2 DCB
Ester Industries has moved significantly in the past 1 year, It has been trading in a range for the part few days. Expecting the stock to resume the uptrend. Buy with a SL below the highlighted zone on closing basis.
TNPETRO (Monthly):- BUY AT 48/44 RANGE for Target 70/78++ Stop loss 37 (WCB)
If the price comes at 47.20, take a buy and ride the wave till 59.30, stop loss at Rs 46.15. Risk to reward is 1:10.
LALPATHLAB:- BUY AT CMP 2318 FOR Target 2542 WITH SL BELOW 2280
ORIENTPAPER (Weekly):- Buy at CMP 29/27 for Target 35/50++ Stop Loss Below 24 DCB
GMMPFAUDLR (Weekly):- Buy on 4000/4100 best Buy Zone For Target 5000/5800++ Invalid Below 3700 (DCB) #Disclaimer:-I just shared view for only educational purpose. #priceaction #GMMPFAUDLR #CHARTS_INSIDERS
#MINDTREE:- BUY ON DIP 1820/1870 Range for Target 2100/2200++ With Stop Loss 1700 (DCB) #Disclaimer:-I just shared view for only educational purpose. #priceaction #MINDTREE #CHARTS_INSIDERS
NIFTY PAHRMA:- BREAKDOWN BEARISH FLAG FOR TARGET 11800/11750 & VIEW invalid above 12100
RAYMOND (WEEKLY):- buy on dip 340 to 360 levels for target 500 Stop loss 300 (DCB)
HAPPSTMNDS:- Pennant Breakout level range 550/560 for Target 65 NSE:HAPPSTMNDS 0/700++ Stop Loss 480 (DCB)