HAPPSTMNDS | Channel breakout - Looks potential for 15% CMP : 1320 SL : 1245 Target : 1540 1:3 risk reward setup
Running strong in a channel with comfortably absorbing market correction....... Good position to buy with rally in making..... Fundamentals are fab Not a SEBI registered advisor
On Monday Nifty open gap down and we have seen strong comeback within 1st hour of trading and closed 82.50 points up. Near futures Nifty is heading towards 17400. For Tuesday buy above 17120 for target of 17200 followed by 17270. On this flip side 17000 is strong support and on Monday we have observed heavy put writing at 17000 level. For more details and...
Levels mentioned on chart. SL based on daily closing.
Bye with stoplose and follow By super trend indicator and risk reward ratio 1:2. I
BANKIFTY finally showed some strength despite of its weakness in the opening and recovered more than 600++ points and gave a strong closing above 35000! BANKNIFTY had been in range since a week and we haven’t seen any trending day hence we can expect a trending day this week itself! Important level to watch is 35150 and as soon as it breaches it can show 100-200...
Price following the 50 sma and moving up let the price retrace back to moving average and second confirmation is the previous resistance level become support level ALWAYS BUY AND SELL ON PULLBACKS KEEP LEARNING FROM UR MISTAKE
risky trader enter on the breakdown of the trendline and safe trader wait for the breakdown of the head and shoulder pattern risk to reward will be 2:1 sl will be high of the break down candle this is not a trade recommendation
POLYCAB | Triangle + RSI breakout - Looks potential for 17% CMP : 2553 ( Dip : 2480) SL : 2390 Target : 2970 1:3 risk reward setup Target calculated based on Fib (1.61)
MINDSPACE.RR (REITS) | Flag pattern - Potential for 15-20% CMP : 332 (Dip : 315) SL : 310 Target : 382 Target calculated based on Fib levels.
Greenpanel near break-out zone. Very soon this stock could touch ~ 500
JSWENERGY | RSI Divergence + Falling wedge breakout - Looks potential for 25-30% CMP : 300 SL : 280 Target : 370, 400 Almost 1:4 risk reward setup
Banknifty has given a good breakout even after a gap down opening, indicating of a trend reversal. We can see Banknifty touching higher levels this week…
Hindustan Unilever Rating : Accumulate _ 2250/2300 TARGET _ 2950/3000
COLPAL Rating : Accumulate _ 1400/1450/1500 TARGET 1850/1900/2000
COLPAL Rating : Accumulate _ 1400/1450/1500 TARGET 1800/2000
Currently price is ranging in daily time from, we should expect either break out or break down only then we can decide our bias of the market If price broke the Green Horizontal line marked in chart , we can expect bullish move for the day if price broke the red horizontal line marked in chart, we can expect the bearish move for the day
Intraday pick for Tomorrow - 23-12-2021 stock name : icicibank time frame : 15 minutes Wait for proper breakout and retest for entry. For more trading content follow us now on trading view.