Inverted Head and shoulder in EIHOTEL In Weekly timeframe.
Expecting around 40% upside movement with Risk Reward 1:7. Stirct Stop loss at 198.30
Note: 227 is the hurdle.
Target1 : 250
Target2 : 291
tagret3 : 321
Holding Time is round 1 year.
Downward channel ended over where I have shown buying zone.the stock price will travel in upward channel , the every dip will be a buying oprtunity, Investment plan explained over chart, it's for educational purpose ...
KPIT Technologies down trend breakout, Today will confirm based on daily chart closing above the trend line. If price sustain above 548, It will move new rally towards upward. Refer mentioned upcoming Targets.
Hindalco inds seems like inverted pennant flag pattern. when it will breakout downward, then only pattern will be activate. Otherwise keep concentrate for breakout whether up or down.
Dalmia Bharat Ltd - short-term swing
1. Efficiently break the falling wedge pattern upwards.
2. Next immediate target will be 1378
3. It may get reversal when it touches the target based on the market condition.
4. It will be applicable only for short-term swing traders.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational...
As we already told you in the previous charts, once it break 170 level.
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We can see the upward momentum, so the stock has given breakout.
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You can make a position in MANAPPURAM FINANCE above 174.
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Our short term target is 185-190.
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What's your view on this comment below in the box.
bitcoin is making a falling wedge pattern . this is a bullish pattern and if it breaks the upper resitance of the falling wedge then this could be your last chance to buy bitcoin
Nifty is in rangebound in some day before 17370 nearby.
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So for tomorrow, if Nifty cross 17370 we can see the upward momentum till 17440.
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If Nifty goes below 17320, we can see downard momentum till 17250.
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Between these if Nifty is rangebound avoid trade for tomorrow.
#Watchlist
#ZINC (4hr):- 247.75 CMP, at Support looks good for 253/255 (Invalid Below 245 DCB)
1) Trading at Support Zone :)
2) Volume Contraction
#Disclaimer:- View shared is for educational purposes only.
#StockToWatch
Maharashtra Scooters Ltd has a tendency to consolidate an then give a move . Previously before twice it has done the same thing . This time the consolidation has extended but looks like breakout has happened . Though there has been a little correction selling but if it retest's it can give an upward move or it can directly move upwards. Looks like a decent chart...
SRT fin: looking very good above 696 but its very volatile stock for intra its 1% sl above 696 for 730/760....positional equity SL is 640 on closing basis....
If market support this stock have potential to go up
3rd time it went and break resistance...4th time it will go up
Entry should be around 652
With a SL of 615
and Target 750
Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.
Here the stock bounced back twice from upward support channel. This seems like a good indication that it is firmly heading upwards. Let's wait and watch.
Havell's has been on an upward tangent and I feel if the price breaks through 550 then it should head higher on this upward channel. Let me know what you think...
