Medplus-A beautiful W in the making!Medplus has been in a downtrend since couple of years.
Stock is showing strong reversal after a base formation.
Stock has potential to test ATH and also make new highs.
Keep in watchlist. Not a recommendation.
Uturn
63Moons-Ready for a flight to the moon(ATH)?63Moons had a strong resistance near 400 levels which has been broken in monthly TF and has been retested as well.
Stock is looking good for a rocket on the upside and takeoff has just been done.
Keep in watchlist. Highly risky stock. Support is very deep.
Levels marked on the chart. Looks good to be a zero hero investment for multibagger returns for high risk takers.Not a recommendation
HCC-Is it a U-turn multibagger?HCC is one of the oldest infra stock of India showing some change in fundamentals which is visible clearly on chart.
A weekly closing above 50 can open big targets for stock. A risky bet for multibagger returns.
BRNL- U-turn possible for 2x returns!A penny stock idea with extremely risky investors having excess disposable income.
A monthly closing above 60 will open doors for U-turn.
Levels mentioned. There is no confirmation for same.
I do not invest in such stocks. But the price action is suitable for 2x returns.
TATASTEEL, The following points are confirmation for U-Turn.The following points are confirmation for U-Turn .
The volume will decrease if stock wants to change the direction OR, Volume will be average vol.
We will see the tail end of last 2 candles after a surge in price (approx. upto 491.8)
The currently TATASTEEL is trading in up-tren d, but time-Cycle(iii) is the negatives in time. The previous support can be convert into current resistance 490 nearby .
From footprint of the daily chart will give very clear picture of this stock.
NAVKARCORP | Excellent U turn, looks great for 400% NAVKARCORP | Excellent U turn, looks great for 400% - Don't put more than 5% of the capital. May take few months to year to reach the target.
CMP : 42.30 (Dip @ 32)
Researched for U-Turn for nifty.Researched for U-Turn for nifty.
Intraday Resistance 12349
2nd channel Resistance 12386
Last and final main channel Resistance 12448
We have plotted GAP, channel layers (0) to (3), Initiated move and responsive move on the spot nifty chart.
As per channel layers, traders can make 3x to 5x money from trade setup by using Option Trade (PUT).
Weekly chart view:
Self studied on NIFTY.First Look at yellow highlight candle with long shadow at ATTENTION part(i) and same formed on ATTENTION part(ii) .
Now, pay attention to the whole part (i) which has a downtrend , same part (ii) is in a downtrend . I have marked with a light pink circle which almost common in both parts .
After the long shadow candle , started U-Turn in part(i). Turn your eye on part (ii) , Now you will find that U-Turn can start about here .
The following points can validate to U-Turn or NOT .
The price will not fall or stay below 11225.
In case, little gap up, then price will not break 11240.
Price should be traded 11320 above after 3 o clock.
Upcoming news should be considering:
Friday 26th July 2019
-> 5:00 PM : Forex Reserves for 19th july
Wed 31st Jul 2019
-> 5:00 PM : Infrastructure Output for June
Wed 31st Jul 2019
-> 11:30 PM : USA Fed Interest Rate Decision
Thu 01st Aug 2019
-> 10:30 AM : Indian auto sales numbers
