R. Damani is invested in the stock. 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...
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...
A multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.
CMP- 143 SL- 119 (closing) Target- 200, 250 15/7/21 -Ascending triangle breakout - Resistance zone and trendline is broken with huge volume surge (good delivery volume) - Above all EMA on D, weekly EMA crossing over - Parameters positive - Delivery VOL needs to pick up more on retracement to the support zone now View negated if closes below 119 W basis.
Fresh buying can seen only when there is a weekly close above 256 levels. one can enter above 256 and placing an SL of 215. And possible targets can be 295/320. Volume expansion is required for a breakout to sustain. DISCLAIMER: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance....
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...
The stock is showing interesting price action. From here on, wait for volumes to drop very low, or wait for the price to breach the short term upper resistance (whichever happens early), and then take entry. Price action explained on chart. Mkt Cap ~ 600Cr D/E ~ 0.1 SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of...
Technical summary - 1. Stock was in a long term downtrend from 2017 highs of 320 2. Higher high and higher lows formation that indicates trend reversal 3. Rounding bottom pattern was clearly visible in weekly chart followed by a breakout with big volumes 4. Last time when similar volumes were seen then stock made a big rally from 100 to 320 in a very short...
#navkarcorp #weeklychart - Psychological and technical level of 50 was broken in the past week with huge VOL surge with 40% delivery - Close above 50/100 EMA (check thread), 1st headwind seems to be 200ema
CMP- 43 SL- 29.50 Target - 90, 150 19/5/21 - Ascending triangle in downtrend - acting as REVERSAL PATTERN - Look at the VOL popping in - EMA's positive crossover happening - lower trendline is being respected - Script has started making upmoves - Buy on dips is suggested if price comes around trendline - Conservative buy above 50 after breakout
buying idea in bharti airtel Bharti airtel break the triangle pattern on daily chart up side with good volumes.
There are huge chances of upper breakout. If breaks triangle in coming 2-3 days upside then enter with 30% quantity. Wait for retest, then average it using remaining 70%. Entry --> 129.80-130.50 SL --> 2₹ If breaks swing low with 15 min strong candle then short for tgt of 100,90 with same SL NOTES : if does not cross 129.80, don't enter. Continuously check...
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...
The stock had been making a base for 4 years out of five. It is only during the last year that the volume activity picked up. It made another two bases in the last 6mths. and finally we see a decisive breakout on a massive volume bar. Results of IT sector have started coming in, indicating positive outlook in the sector. SL: Depending on your risk appetite:...
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...