Monthly, weekly and daily charts present a clear bullish trend while forming the Inverse Head and shoulder pattern. Lately the stock showed a good upmove with a long candle breaching the monthly resistance and reaching 4300 level.
Entry can be made for a Long position at current price: 4300-4320, with target of 4750, and SL of 3900.
Strategies:-
Intraday traders
Buy/Entry : Trigger Price: 1672, Buy Price: 1688, Target Price: 1724, Stop Loss: 1770, (*Trailing stop loss with step of Rs 4)
Positional traders
Buy/Entry : Buy Price: 1668-1672, Targets: 1724-1761-1791. * Do not put stop losses here. If stock breaches 1665 and continue to move downwards do not panic. Next buy level is...
Hi Traders!
Hope you are doing well in markets. My trading strategies might help you to increase returns on investments. My strategy prioritizes safety over exponential profits.
This stock being low in value will give profit or loss on high volume trading. So those who pay high brokerages should either trade in higher volumes to cover brokerages out of their...
Maruti is expected to take a small pull back downwards till 5870. So Start taking positions from 5945-5920-5895-5870 (Start taking positions from higher price, so that you do not miss the chance of entry in case price shoots high suddenly). The Maruti is expected to touch 6420.
A very small percentage of your allocation can also be invested at current price around...
ICICI Bank can move towards 400-414-434. Below is my strategy for traders in this banking stock.
Upwards:-
Wait for ICICI Bank to take a direction. It currently stands at its resistance of 380. If this moves upwards or opens with gap-up, take an entry/buy position at 386-388 only after it touches 388 atleast once.
Entry point: 388, SL: 378, Target: 400 (Intraday),...
Hello Traders, this one is positional trade strategy.
SBIN is trading at verge of breakout level. Its above support line with no trend reversal signs, but far below resistance.
If it picks momentum and breaches 202, be prepared to reap profits. Enter/Buy the stock which is on journey to 244. On crossing 248, it will head towards 280.
These levels are expected...
HDFC Bank would be the best investment of your all trades in past and this year at this time.
Positional Traders:
Buy at whatever price. Targets: 1200 within 10 days, 1300 in a month, 1400 in a quarter and 1600 by year end.
Intraday traders:
Upwards movement - Entry/Buy Price: 1125-1140, Target 1166-1191-1220.
Downward movement - Despite that it would be...
HDFC Bank is all set to embark on its journey towards 1248-1297 followed by 1315 levels. Below is my strategy for traders in this magical stock.
Upwards :-
When the market opens, wait for HDFC Bank to take a direction. It currently stands at its strong support of 1138. If this moves upwards or opens with gap-up, wait for it to touch 1185.20-1187 post which I...
