Cummins India Cmp 915 dated 1.12.2021
1. Rectangle Consolidation BO above 940.
2. Volume BO
Buy at Cmp for a tgt of 1005 SL 880
It is just a view, pls trade at your own risk.
Gland Pharma Cmp 3608 dated 29.11.2021
TRIO Breakout
1. Triangle BO @ 3620.
2. RSI already had BO.
3. Volume BO
Buy above 3620 for a tgt of 3675-3735-3775-3825-3900
Ultimate tgt of 4225 SL 3480
It is just a view, pls trade at your own risk.
BSE Ltd Cmp 1491 dated 15.11.2021
1. Triangle Pattern BO above 1505.
2. Volume rise.
Buy for a tgt of 1900+ SL 1400
It is just a view, pls trade a your own risk.
Kajaria Ceramics Cmp 1133 dated 29.11.2021
1. Triangle Pattern BO @ 1145
2. Volume Break out.
3. RSI Divergence.
Buy for a tgt of 1185-1205-1245-1290-1350 SL 1065
It is just a view, pls trade at your own risk.
Poonawala Fincorp Cmp 202 dated 16.11.2021
1. Double Top BO above 198.
2. Rounding Pattern.
3. Volume Increase.
Buy for a tgt of 265 SL 180
It is just a view, pls trade at your own risk.
Hi Traders / Investors ,
This is a Swing / Positional Trade.
I can see a bullish momentum in Zomato for following reasons :-
1) Resistance Level from ( 4 months ) got broke now acting as a Support.
2) Breakout with large bullish candle with increased Volumes.
3) As per Fibonacci , it is taking Support at 0.382 level which is good support with healthy...
Escorts Cmp 1803 dated 18.11.2021
1. Parallel Channel BO @ 1802
2. Volume Rise
Buy for tgt of 2140 SL 1725
It is just a view, pls trade at your own risk.
Since the Anil Ambani has committed to go debt free and some follow up action does boost the confidence of investors recently in all ADR group.
I expect this rally to go continue.
Now the resistance for this one lies at 3.95/4.75/9.50.
Outlook intact for telecom stock, power and infra.
KPR Mills Cmp 512 dated 4-11-2021
1. Ascending Triangle BO @ 505
2. Volume Increase.
Buy for a tgt of 685 SL 465
It is just a view, pls trade at your own risk.
IDBI bank is gearing up for the large moves in coming few weeks. There was a large accumulation for about 2 years and gave a break out with good volume on 28 sep 2021. We can also see that prices are making higher highs and volume is 2 times more when compared with the volume from April 2021 to Sept 2021 that clearly depicts, we are in Trending zone. At present...
Delta Corp is on upswing and here's a simple price action analysis.
Breakout of 308 assumes importance. After which we can see an Initial target of 312, and if the momentum continues, it might touch 332.
Support zone is around 294 - 290.
Based on incremental targets being achieved, we can revise the target.
I am bullish on Delta Corp and hold position, hence...
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of...
Price is nearing its 52 weeks high with 7.1x above-average weekly deliveries.
With ARS & SRS Positive during almost 10% correction, VEDL could be a good Medium Term bet.
Tatacomm Long (25 Nov)
Taking support at 200 day EMA
Extreme volume
Buy at CMP- 1285
SL- 1235
Target- 1324, 1380, 1440
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
CSBBANK earlier gave a breakout by forming cup and handle pattern(weekly) with a decent volume spike, and now it is back to the breakout zone(demand area) and has formed a hammer candle on weekly chart. Expecting a reversal.
You can trade accordingly as per your risk appetite.
