L&T after consolidating for nearly two years has given inverse head and shoulders pattern and breakout can lead to target of 2200 within a year and also the IT subsidiaries are outperforming the market.
SL: 1400 wcb!
Stock has given a breakout of strong resistance level 2000 on daily chart with a huge volume.
Stock has given a retracement of 38.2% and is ready for next targets: 2060, 2100, 2160 & 2350.
RSI: 71
Entry: Buy at CMP or at dips around 2000.
SL: 1840
Note: Only for educational purpose
Stock is near Breakout Zone with very nice Momentum and Huge Volume Support
SHORT TERM POSITIONAL TRADE (3-4months)
BUY ABOVE 225 TGT - 255, 280, 300+ WITH SL @ 190
Simple price action with study of volume gives idea of future movement which is explained on chart.
Support zone - 206 - 197
Entry - 215-216
SL - 194.95,( Closing)
Target - 268,340
Risk/Reward - 1:6+
Above analysis is for study purpose..
Like and comment if you agree with my idea..
Pattern: Classic cup & handle formation on 4h time frame.
Buy at: One should buy the stock on cmp i.e. 1072 & add on dips.
Stoploss: Maintaining a SL of 1040 for the short term and 945 for long term
Target: Target 1: 1146 (Based on Cup size ) Target 2: 1300 Target 3: 1500 (Based on support-resistance)
Hindcopper Long
Strong support at 141 (100 day EMA and 20 Week EMA) also crossed all EMA's with good volumes
Buy above 156.5 (on closing basis)
SL- 141
Target- 173, 188
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
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TECHNICAL ANALYSIS OF NSE:IPCALAB
The LAST CLOSE PRICE of NSE: IPCALAB is 2176.25. The PARABOLIC SAR is showing the UPWARD SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.618 at the FIBONACCI STOCK PRICE LEVEL of 2205. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07,...
NFL Long
Took support at 100 day EMA and today it crossed 50 day EMA with good volume
Buy at CMP- 64.6
SL- 60
Target- 70, 73, 78
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
LARSEN & TOURBO INFOTECH
Method:
Rectangle breakout. LTI after consolidating in a rectangle pattern gave a breakout on the upside with huge volume.
Money Management:
Note- False breakouts are possible (traders need to manage risk accordingly)
My personal tip is to risk only 2% of your trading capital. Buy 30% of your position at CMP & if price respect...
This aftermarket analysis shows the real-time drama of the Nifty index for the day !!! In the COI chart, it is clear that long buildup is not affected by any profit booking or short-term global cue mode yet. The major support zone is 15500-15450. We only can take a non-bullish view if gets broken in the coming sessions. So there will be a probability once again...
SHOPPERSTOP Long
Today it breaks double top chart pattern also a breakout of ascending triangle pattern with good volume.
Buy above 273 (on closing basis)
SL- 240
Target- 300, 318, 355
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
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.
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)
SELL GUIDANCE:
Selling in...
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.
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)
SELL GUIDANCE:
Selling in...
It is trading near 2 year high with good volume.
Positional target of 775 can be achieved.
Buy above 675 for target of 775, Stop loss as per your capacity
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
