Trend Line Break
Crude oil futures ( 13/07/2023 )Crude oil Future ( Next week Contract )
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For " long "
entry: 5950
target: 5970 / 5990
stoploss: 5920
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For " Short"
entry: 5900
target: 5855/ 5755
stoploss: 5935
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enter only if market Breaks " No trade zone "
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wait for proper reversal and conformation.
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don't be aggressive.
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refer old ideas attached below .
BREAKOUT, IDBI BANK, 132% RETURNS!!!BUY - IDBI BANK LTD
CMP - Rs. 55
Target - 1: Rs. 90
Target - 2: Rs. 128
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Timeframe - Target - 1: 6-9 months & Target - 2: 1-2 years
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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CDSL for Swing Trade.As marketing Dynamics have shifted towards the bull run after a long period of consolidation. Nifty witnessed strong rally in last trading day and touched record high. Where lot of sectors and stocks have shown significant run up but CDSL is still available at 30% discount, If we look at its financials there is no red flags concerning its fundamentals. We can anticipate a promising Bull Run extending further in this stock.
Technical
CDSL has shown significant run up in last 3 months and formed a good trend reversal pattern last week in weekly timeframe. We can see trend line breakout above 1130. For further understanding of the price just add this stock in your watchlist.
Buy-1155
Target- 1400, 1500
JINDALSTELJINDALSTEL:- Stock is about to give breakout, may see downside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BREAKOUT, SESHA PAPER, 50% RETURNS!!!BUY - SESHASAYEE PAPER
CMP - Rs. 288
Target - 1: Rs. 330
Target - 2: Rs. 376
Target - 3: Rs. 431
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Timeframe - Target - 1: 2-3 months, Target - 2: 4-6 months, Target - 3: 6-9 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
BREAKOUT, BALAJI AMINES, 95% RETURNS!!!BUY - BALAJI AMINES LTD
CMP - Rs. 2286
Target - 1: Rs. 3507
Target - 2: Rs. 4427
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Timeframe: Target - 1: 6-8 months, Target - 2: 9-15 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
BREAKOUT, SUMITOMO CHEMICAL, 48% RETURNBUY - SUMITOMO CHEMICAL IND LTD
CMP - Rs. 445
Target - 1: Rs. 520
Target - 2: Rs. 580
Target - 3: Rs. 658
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Timeframe - Target - 1: 3-4 months, Target - 2: 4-6 months, Target - 3: 6-9 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Follow me for more!
Nifty50 positional analysis
Nifty the benchmark is currently placed at 38.2%
retracement along with 20 ema on the weekly chart!
The 17500-17550 zone has multiple moving average clusters .
the trend is still strongly in favor of bulls
the index is placed at trendline support too.
the major concern: the open = high candle formed due to poor infy results is a pain point.
talking about levels:
Support for the index comes at 17550 followed by 17220-200 while resistance is placed at 17870 and 18130 zones
with earning season on, expect a surprise on the cards!!