Picture perfect setup for short Sell
Symmetrical triangle at verge of Break down.
Two ways to play can short now @228 and add more shorts after confirmation.
or wait for break down below triangle.
Stop loss if closing again inside triangle
It's a swing to positional trade for positional targets are big.
Positional Target - 205
Swing Target -...
A good turnaround co. Reason for long
1. good revenue growth, 6 operational lignite mines, 6 more to be added. they will do more 10mton in FY22
2. great margins 40+++
3 No debt
4. Huge Lithium-ion deposit in State of Gujrat. Very high potential.
5. Dividend % & expect a bonus in couple of years.
personally too bullish, I have the right to be wrong.
industower : cmp 212.95
trade setup :
1. buy up to 208
2. keeping 190 as stop loss on closing basis
3. for targets : 227 / 237 / 253 / 269 / 278 / 307 / 332+
1. triangle pattern formation
2. price trading at good value
3. its in weekly consolidation phase and side ways movement .
4. strong base support formation seen at 192 with multiple...
Price is at Strong Demand Zone.
Price is the testing this major resistance turned support for the first time, so major probability is it will not break, unless there is some insider news about the company fundamentals.
Can be accumulated for Long term at this Discounted Price in the Demand Zone, as it is a Strong Fundamental Company.
PS- I am not SEBI...
MGL cmp 856
1. cmp 856 buy up to 842
2. keeping stop loss as 778 on closing basis
3. for targets : 886/936/973/1002/1030/1083+
technical buy based on :
1. bullish harmonics
2. fibonacii reversal .886 levels
3. strong multiple horizontal support
4. value pick in sector
note: stock can be bought for long term time frame .
keeping in technical...
The DXY chart shows the value of the Dollar against all assets, it is said that if the value of the dollar goes up the value of assets goes down and vice versa.
If this plays out we can expect some red days around all assets.
I hope it doesn't play out, else 2022 will be a bear market.
As you guys know right now there is a trend of metaverse coins and this coin is fundamentally strong, in this you can build your virtual office and all things virtual. And big thing is binance, kucoin etc. also purchased virtual office in there virtual world.
And right now chart is forming bullish flag pattern which is bullish pattern and if this pattern break...
Maruti has build its reputation as India's no. 1 automobile company. Some people are doubting that in the transformation to EV phase it may lag behind other players. But they forget that this company is master in knowing the demands and needs of Indian consumers. So either Maruti takes its time in EV and then surprise everyone or Maruti can be the new Nokia? I am...