MEGH | Low beta stock - Looks good for 60%
I see RSI negative divergence but a strong demand zone is near by it could be an excellent buy on dip opportunity
CMP : 85 (Dip 75 & 70)
SL : 67
Target : 125
1:5+ risk reward setup
MAITHANALL | Trendline breakout and has good room to run 50% -
Small cap with low volume - But fundamentally valuable company like POLYCAB.
CMP : 652 (Dip until 615)
SL : 560
Target : 975
Almost 1:5 risk reward
COALINDIA | Somebody waking up this Kumbakarnan (Sleeping Giant) that under performed last 7 years !
Whether or not we have low risk and high probable INHS pattern here 😃
CMP : 146
SL : 130
Target : 180, 215
1:4 risk reward (Based on second target)
GODREJCP | Strong and value stock - Getting ready for 30%
CMP : 736 (We are tracking from 670 zone - ref chart is attached below)
SL : 680
Target : 970
1:7 risk reward setup - Cane take several weeks to reach target as it is weekly candle analysis.
WELCORP | Breakout and retesting the zone
CMP : 114
SL : 110
Target : 130 (Calculated based on swing length) it has potential even to go up
1:4 simple risk reward setup, this stock is fundamentally strong one aswell. Even if stoploss hit continue to track the stock for next upmove.
(5% circuit limit stock)
TITAN | One more value stock from TATA group to lift the market 😃 12% potential upside opportunity.
CMP : 1247 (Must wait for retracement, can buy upto 1225)
SL : 1190
Target : 1380
1:4 risk reward setup
MAITHANALL | 17% opportunity - Breakout but struggling however i hope it will stabilize shortly as it is Nearing trendline support zone.
CMP : 512 (can buy upto 500)
SL : 480
Target : 590
1:3 risk reward
Weekly Chart - Broke the previous solid resistance and stable upside now.
CMP : 590
SL : 550
Target : 800
Beautiful 1:5 risk reward setup. Looks good for accumulation, since it is weekly pattern it may take few weeks to month to reach the target.
I love F&O stable stocks like this which respects proper support & resistance , so that we can create some option...