PHILIPCARB | Small swing opportunity & Value stock for long timePHILIPCARB | Small swing opportunity & Value stock for long time aswell
Flag breakout in smaller time frame. Can see good moves above 135.
CMP : 132
First target : 149
Support zone : 125
Trendline-breakout
[Positional] Bharti Aritel - BUYThe stock has not been performing very well for about last 80-85 trading sessions. After a very long time, the stock has given a clear breakout from its trendline with relatively higher volumes and is not expected to show uprise.
The macd is also indicating a reversal.
Levels mentioned in the chart.
This analysis is done by me and could go wrong due to various reasons. Please do your own analysis before investing/trading.
Long if Breaks trend lineStock is in uptrend + respecting MA 200.
Gave the breakout after build up and taken support at previous resistance / breakout area. Currently seems to be consolidating, respecting trend line.
If breaks the trend line, might run for ALL Time High!
Current scenario seems to be favouring long opportunities !!
PVR BREAKOUT FROM REVERSE HEAD & SHOULDER PATTERN # DAY TRADING ON 3rd JULY PVR GAVE BREAKOUT FROM REVERSE HEAD & SHOULDER PATTERN & WAS ABLE TO SUSTAIN ABOVE THE TL FROM WHOLE DAY . HENCE GOOD FOR LONG BET FOR 6th JULY MONDAY 2020.
STOP LOSS BELOW 1015 LEVELS
NSE: Adani Port Short below 335NSE: Adani Port Short below 335
Short below 335 for a target of 317 & 300 with stop loss at 361
If crossed above 347, long with stop loss of 317 for target 361, 376 above
Use stop loss
NSE: Aditya Birla Fashion Possible Breakout above 215
NSE: Aditya Birla Fashion Possible Breakout above 215
After consolidation from August 2018 to Jan 2019, showing signs for breakout
The brief range of consolidation from low of 160 to high of 215
Possible Long at current level with stop loss of 190 and target 228, 236 and 249.
Time frame looks 4 weeks
NSE: BATAIndia Momentum play for 1282NSE: BATAIndia Momentum play for 1282
Breakout momentum play for short term 1282
Trapped in range 833 to 1110 from June 20 to Jan 08
Current momentum can take stock to 1282
Possible Long above 1110 with stop loss 1088 for targets 1179, 1225, 1282 +
If momentum continues price may be pushed beyond 1282
Use stop loss and trail stop loss
NSE: KILITCH DRUG Volume Breakout for 247, 271NSE: KILITCH DRUG Volume Breakout for 247, 271
Break out Momentum play
From Oct 15 to Jan 07 consolidation between 149 to 209
On Jan 08, break out with unusual high volume compare to normal day volume, closed above 209.
Level 209 seems to be strong resistance.
Possible long at current level with strict stoploss 186 and target for 232, 247, 271.
If momentum continues trend may puch price beyond 271.
Follow stop loss and trail stop loss
Larsen Turbo Go long LT add around 1180 to 1220 and hold it target : 1400 1500 1550
If Break 1400 level then LT ready to drive 1440 1500 1550
time hold next 2 to 3 month
RELCAPITAL - LongRELCAPITAL has seen consolidating in 420 - 440 range since a while. The stock is seeing bullish reversal, and can see a breakout. One can go long in the counter with Target of 447/457/470, Keeping Stop Loss below 420 (Closing Basis). Risk-Reward: 2.17.
RELCAPITAL Fut
Lot Size: 750
BankNifty : Directionless n will be the same !Posting Nifty NSE:NIFTY became too routine, so here it comes Brother first and lets do the Honors to BankNifty NSE:BANKNIFTY .
Happy Trading !
LICHOUSING - BIG BREAKOUT It is been observed on the daily and weekly chart that the price action consolidating within a triangle formation for last five months and now it has finally broken above the trend line and indicating a further bullish move ahead.
Target 1: 580
Target 2: 600
Stoploss: 550
ZEEL BIG TRENDLINE BREAKOUTIt is been observed on daily chart that the price action breaks above the downward trendline indicating Buyers empowering over Sellers and now it shall further move up. Price action is still consolidating in a range of 430-460 levels.
Target 1: 450
Target 2: 460
Stoploss: 434
Oil India - Ready for rallyAn inversely related stock price action to index has witnessed a strong rally of ~40% since March 2016. After a small pause (consolidation), the price are showing sign of breakout. Looking at the RSI (Relative Strength Index), the breakout from falling trendline and bullish crossover on MACD indicates price is ready for the rally towards 460-500.
Apollo Tyre - Big Trendline Breakout It is been observed on the hourly chart that the price action breaks and closes above the previously down trending trendline, indicating a strong bullish move ahead. Now it shall further move up to next resistance levels at 210.
Target: 210
Stoploss: 193
BankNifty - Beauty of Market Dynamics !We need to rush through this description bcos there are potential chances arising already. There are 3 components we have used to examine the dynamics of BankNifty, (i) Elliot waves - Simpler the Better (ii) Trendline (iii) Patterns
There is no need for you guys to know each n every component for analysis. Just any one of above 3 component is perfectly fine to do analysis on above chart. Asking how ?! Here it is...
Elliot waves - what does it imply ? A simple 5 wave count shown in above chart, wave (v) is moving down so on the trendline (violet) breakout we can initiate shorts with proper stops.
Trendlines - Now Elliott is not needed here,Just Break of trendline is enough - You got trade opportunity but can use Elliott or other techniques for confirmation ( adding confidence ) but only thing it shudn't turn out as false breakout
Patterns - What do they say ?! They plot out most of market dynamics even what to expect next. So we have potential ABCD pattern & Gartley pattern. So if wave (v) completes at 19000 then we can have bullish chances in BankNifty.
Discussing whether patterns upside move from 19k's is bcos of elliott corrective abc's or bcos of pattern completion is No use. Its like discussing whether Hen or Egg came first ! Discussions on those won't help our trading, only trading chances help our trading, so use which ever you like - Elliott,Trendlines,Patterns ! Simpler the Better...
So as promised, BankNifty post is delivered usually people tend to be more interactive with Nifty so thats why I posted for Nifty only. Bcos the lack of interaction, discussion of ideas makes an idea dry, Pour in your thoughts to make it feel fresh & interactive which will keep me encouraged to post on BankNifty.
Engineers India - Breaks Trendline It is been observed that the price action breaks and closes below the upward trending line on daily chart, indicating further weakness and bearishness. Now, it shall further move down to the next support level at around 252-250 levels. It is also important to note that it is facing a strong resistance at around 275-278 levels.
Target: 252
Stoploss: 280
IPCA LAB - Shorting SetupThe price action is been trading in an uptrend channel for while and it is been going up and down within the channel's trendlines. Today's it is been observed that the price action is correcting after touching the high point of trendline resistance, indicating selling pressure. Now it making lower highs indicating prices to go further down. Now, it is correcting and reaching out to previous resistance level at 555 levels. Stoploss at 585
Take trades with care and understanding of risk management,
Good Luck,
Thanks for the support.
Regards
SUNTV Connecting, Breaks Out ConsolidationThe price action breaking out from a consolidation between trend lines or horizontal channel. I believe if the buyers manage to close prices above 500 levels then we might see a long upside move.
Kindly confirm the breakout at the end of trading session to initiate trades for tomorrow.
Hope you trade with care, Thanks for your support.
Regards
SAIL SAIL SAIL - INDICATING BULLISHNESS It is been observed on weekly chart that the price action firstly breaks out from a downward trendline and now trending up with increasing volumes indicates change in trend and also high pressure and dominance of buyers in the current price action war. I believe it is a great investment opportunity where one can make over 28% returns within few weeks.
Target: 65
Stoploss: 44.50
Duration: 2-3 weeks
Mcleod Russel Finally Breaks Out Downward Trendline (Bullish)The price action that was trading in a downward trendline has now finally breaks out from the downward trending line, indicating high buying pressure and bullishness.
Target: 197-200
Stoploss: 175
