Minda Corporation👉You can clearly see that the channel is broken and the bullish channel has been already set up by the bulls.
👉Keep an eye on this stock, and find the right position for long term(min 1 month).
👉According to my analysis, We can see the price striking at 160 or more in coming weeks or months.
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Happy Trading 😊💪
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
Trendingup
AFTER CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS 1ST TIMEAFTER THE CONTINIOUS FALL FROM 2017 IOC MAKING HIGHER HIGHS AND HIGHER LOWS FOR THE FIRST TIME IN DAILY AND WEEKLY TIME FRAME CMP 95 TARGET 105 IF BREAKS 105 THEN GOOD FOR LONG TERM INVESTORS .IF BREAKS TRENDLINE ON THE DOWNSIDE THEN BEARISH. PLEASE LET ME KNOW HOW GOOD IS THE ANALYSIS IN COMMENT SECTION.
EURCAD(Short) and CADJPY(Long) updatesEURCAD is going down to next Demand Zone as shown.
EURCAD and CADJPY Daily Chart,
it is going down to the next support levels in the Demand Zone as shown which is supported by our 8 Major Strength indicator showing that CAD is the Strongest one in recent days and EUR is going to weak side from these 2 days.
JPY is the weakest one since last week.
CADJPY has been the strongest up trending pair since last week.
Thank you.
Sun TV – Trending Fan Pattern, Resistance breakout above 558Technically Stock has habit creating Trending Fan pattern same can be seen in Monthly (Black Lines), Weekly (Red Lines) as well as Daily Charts (Green Lines).
This Time Stock gave Bullish Trending Fan Breakout around 470 levels, mostly due to Exit polls of TN election where DMK is expected to win.
On weekly Chart a Small Resistance is seen around 558, crossing same 2 year accumulation will get over and stock should start zooming in Short Span of Time.
Entry – CMP
Stop loss - 470 (515 after price runs up)
Target 1- 745
Target 2 – 985
Duration - 6 months to 1year (since target is huge)
All numbers are weekly based
Bussiness model: Running TV channels for South India
Dividend yeild 4.81%
Promotor holds 75% stock
0 debt company, (Debt free from last 10 years)
Profit continuously growing with good cash flow statement
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
KNR Constructions Ltd: Momentum trade setupKNR Constructions Ltd: Momentum trade setup. Increasing buyer participation and institutional interest. Trending above short medium and long MA's. Happy trading folks NSE:KNRCON
“The goal of a successful trader is to make the best trades. Money is secondary.” - Alexander Elder
Meaning: A quote to remind you to focus on getting the trade to work first! Money is the reward, an outcome of a successful trade. Thinking solely about the reward will cloud your judgement.
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Black Rose Industries: A good setup - trending up with momentumBSE:BLACKROSE Black Rose is a fundamentally strong company in the pharma space and currently trending up. It's above its short and long term Moving averages and poised to break out.
Disclaimer: Please note that I'm not a SEBI Registered advisor. This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor.
JSW STEEL - Trending Up (Ascending Triangle)It is been observed on the Daily and weekly chart that the price action is trending up and now forming a ascending triangle on weekly and daily chart indicating buyers control over price action.
Short term: (2-5 Days)
Target 205
Stoploss: 197
Mid-term (1-2 weeks)
Target: 210
Stoploss: 196
Regards
TATA ELXSI - BULLISH RSI DIVERGENCE It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming higher lows where as RSI oscillator forming lower lows, indicating a trend change and bullish move ahead.
Target 1: 1550
Target 2: 1600
Stoploss: 1450
ANDHRA BANK- TRENDING UP It is been observed that the price action breaking out to new highs and forming higher lows, indicating a trending up chart. Now, the price action has broken from a triangle consolidation formation,indicating a further bullish move ahead.
Target 1: 60
Target 2: 62
Stoploss: 56
GRASIM INDUSTRIES - TRENDING UP (GOOD INVESTMENT)It is been observed on the Monthly Chart that the price action is trending up by making higher lows and higher highs (indicated on the chart with a long upward moving arrow). Hence it is providing a good investment opportunity at current levels. It is also fundamentally strong company and with interest rate and inflation going down shall benefit the company's upcoming quarter returns.
I believe it shall further move up and continue the trend in coming months. Therefore, I expect the price action to cross above 1100 levels soon.
Target: 1120
Stoploss: 1000
Risk Reward: 1:1
Duration: 1-2 Months.
Tata Global- Trending Up It is been observed on daily and weekly chart that the price action is trending up and moving up at a high streaming pace. Now, It shall further reach to the next resistance levels at 150-152 levels.
Target1: 150
Target2: 152
Stoploss: 144
RCOM - Moving High, Clean Breakout from a Downward Trend lineAfter trending down for a while, today I observed a clean price action breakout from the trend line, it shows bullishness in price action and it shall continue it to the next resistance level marked as Target 1 and Target 2.
One can go long in this with stoploss at 49