BUY - MCX CMP - Rs. 2049 Target - 1: Rs. 2520 Target - 2: Rs. 2900 Target - 3: Rs. 3265 . Timeframe - 3 months - 8 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
As we can see despite the unidirectional fall in NIFTY seen in past few days. NIFTY managed to take SUPPORT at 19500 level which is also a psychological level which acted as a SUPPORT which was also followed by the trendline hence until and unless NIFTY breaches the trendline below, every dip is a buying opportunity so plan your trades accordingly.
Aurobindo Pharma may turn to Bearish. Look for short after conformation of strong Red Candle. 1. Chart and candle pattern - Ascending triangle and Doji formation 2. 930 is the major resistance 3. Trend - Stock is in Bullish trend with great volumes, But a Doji at resistance is formed. 4. RSI is showing Bearish divergence - As the prices are going higher...
from last 66 months stock is trading between two ranges 120 rs to 25 rs (approx).Now stock is reached at 109 rs & likely to try break the last upper price (120 rs approx).Target from here 200 rs in next 8 to 12 months
➡️The last time scrip tested it's base and gave a #trendline #breakout, it gave a 489% upmove ➡️Similar setup build-up may give a multibagger upmove of 489% to10828 ➡️SIP advised P.s.- Sorry, have not been active here at all
simiar to NASDAQ, it too needs ti sustain above 20 september highs to turn Bullish from curent bearish trend If one Observe carefully, they will find that despite the counter breaching 20 and 50 EMA levels, in last 3-4 cases, despite there was no NEGATIVE crossover like its seen recently thats worrisome
In the Weekly Chart of SYMPHONY , we can see that; it has multiple rejections at 920 level and now it has formed a hammer candle. Enter on breaking Hammer candle's High with Low as SL. After entering hold at least for an year for better % of returns.
In the Weekly Chart of HGS , we can see that; it has made a Decision making candle. Possible momentums are shown in chart. Enter on breaking decision making candle's High with Low as SL.
In the Weekly Chart of SANDESH , we can see that; it has formed a Hammer candle on Support. Also, it is forming a very big Cup & Handle.
In the Weekly Chart of DCMSHRIRAM , we can see that; it has multiple rejections at 1100 levels. Also, it has not given closing above 1100, but Price action is strong for big momentum. Also, 1200-1250 levels is respected multiple, Once it reaches there it might halt for 2-3 weeks. Expected momentum is shown in chart.
In the Weekly Chart of CLEAN , we can see that; it has given multiple rejections at 1510-1520 levels. Possible momentums are shown in chart. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of LUXIND , we can see that; after Cup & Handle failure it has made a Decision making candle. Possible momentums are shown in chart. If it breaks Cup & Handle we might see a 15-20% up move. Enter on breaking decision making candle's High with Low as SL.
In the Weekly Chart of ACC , we can see that; it did not give Cup & Handle breakout. Possible momentums are shown in chart. If it breaks Cup & Handle we might see a 15-20% up move.
In the Weekly Chart of DEEPAKNTR , we can see that; it has given Trendline failure and decision making candle is formed on W breakout trendline. Enter on breaking decision making candle's High with Low as SL. Possible momentums are shown in chart.
In the Weekly Chart of SRF , we can see that; it is forming Pole & Flag pattern. Also, hammer candle is formed on W breakout Trendline. Enter on breaking Hammer candle's High with Low as SL. After entering hold at least for an year for better % of returns.
In the Weekly Chart of NAUKRI , we can see that; it is at very interesting stage. it has again come on same support level. Let it form a hammer candle or show W shape recover for strong upward momentum. Possible momentums are shown in chart.
Thyrocare : 568.30 trade set up : one (buy at support with stop loss trade) 1. buy up to 560 2. keeping 520 as closing basis stop loss 3. targets : 608 / 666/ 710 / 750 / 810+ trade set up : two (buy at breakout with stop loss trade ) 1. buy above 610 2. keeping 570 as closing basis stop loss 3. targets : 666/ (710 handle measured tgt) / 750 / 810+ (cup...