My nazar sees 2 possible scenarios for the stock (there may be endless), if it turns out to be any one from above, you can calculate 598 points from your entry price for projected target.
On above chart we can see ultra high volume candle which is 1st sign of stopping downtrend. After that we can see breakdown with lower volume than ultra high volume candle suggest support is very close.. On weekly chart support zone is marked on chart.. Entry - 5625 SL - 4995 Target - 7500 Risk/Reward - 1:3 Like and follow to get more new ideas.. Above...
CMP- 311 SL- 278 (closing basis) Target - 430-450 16/7/21 - Recent fall gave good entry in the stock - 280-300 is good support zone which is formed with committed VOL - Any drop of price to lower trendline is very good buying opportunity (unless things don't change fundamentally) - Stock is taking support from 100EMA in D and 20EMA in W. - Latest VOL surge was...
Stock has been on uptrend in short term. Today it has given ATH BO with volumes. Buy above today's high for 5-10 points. P.S. Ignore if opens big gap up
Go Long above 1349.1 for Targets of 1407.4, 1465.95, 1524.5, and 1583.05 with SL 1290.55 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also there was a Trendline that was providing resistance to...
ARVIND LTD , gave a multi-year breakout today at the last 15 candle before markets closed. Daily/Weekly TF creating a Rounding bottom pattern suggesting a strong bullish trend ahead. Enter as per discretion or entry patterns || Look for a small retracement to enter. Chart Pattern: Rounding Bottom TF: Daily/ Weekly Hold for Mid-term to Long-term gains
Sandhar technologies formed inverted Head and shoulders pattern in a weekly time frame. I believe all time high can be acheived till next year. Keep following for more updates.
CMP-1046 SL-910 Target - 1230, 1500 (SL for more risk takers will be 825 . After that only will the structure go downtrend.) The pattern also looks ike IH&S to some point
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 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
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 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
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 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
Since March'21, stock was conslidating and now ready to blast for new milestone. The chart is self explanatory with multiple support & resistance, Ema, Volume, RSI, other factor. As the stock break triangle pattern, expect a return of 25-30% in short term basis. Trading Idea: Entry at current level with stop level of 110 and target will be around Rs 160.
A rounding bottom formation after a downtrend along with breakout + pullback may give good upside move. Keep on radar! Keep learning! Keep supporting! Keep earning!
Double bottom formation on weekly TF after a solid downtrend is enhancing the probability of reversal of trend. Along with it aggressive buying activity is inviting more buyers. Keep on radar! Keep learning! Keep supporting!
Ascending triangle with good price action is forming on weekly TF. Let it win the hurdle to fly. Keep an eye! Keep supporting! Keep earning!
Nice Breakout done of Ascending Triangle Pattern with huge Volume SWING TRADE OPPORTUNITY BUY AROUND 2000 FOR TGT - 2150/2300+ WITH SL 1800
Price is near Breakout Zone with very nice price action and Huge Volume Support SWING TRADE OPPORTUNITY BUY ABOVE 375 FOR TGT 425+ WITH STRICT SL 325
CMP-61.5 SL- 49 (logical and psychological level) TARGET - 83, 120 1st breakout was sold into, this time broke with excellent volume and good delivery percentage Can enter now with half quantity and add more around 59-60 levels