Breaking the support at 391 will make the price to move towards 387, 383 and 379 with the stop loss of 395.
Gartley Pattern has formed nicely and yesterday spike bar is suggesting the forthcoming weakness also, so I am shorting the stock at current level with yesterday high as Stop loss. If it works we can easily expect 2.5 -3 times rewards to the risk being taken. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Buying with SL as day close breakdown below Green trend line. (about Rs.10 risk or ~ 3%)
I've observed nicely formed Gartley Pattern which could be used for shorting the stock at current level. Recent high could be used as Stop loss and if it works one can easily expect 2 - 2.8 times rewards to the risk being taken. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Ujiivan is trying to break resistance line with a flag structure formation. May give a breakout soon!
Stock is in consolidation mode following Bullish Kumo break out.
The stock has formed a pennant pattern with high volume data. We could either look to short below 339 or sell on rise @ 345 zone. Expecting a breakdown move of 15 - 20 points on the downside. Entry - Below 339 or sell on rise @ 345 based on further price action. SL - 350 T1 - 330 T2 - 325 T3 - 320 Purely for study purpose Thanks.
Ujjivan appears to be weak on charts below 357 we may see some more correction and targets would be 320 on the other hand if it sustains above 360 levels we may see 400 levels
Channel Breakout plus CnH pattern. Break above 418-22 zone can be very bullish for the stock.
CMP : BUY above 385 Range 381 - 386 Target : 443 - 465 - 480 SL : 356.75
Ujjivan can be bought @ CMP 380 with Sl of 367
Buy above 417 with the stoploss of 413.Targets are 421, 425 and 429. Sell below 410 with the stoploss of 414. Targets are 406, 402 and 398. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry...
This stock will be completing its correction after 1st impulsive move form its launch , now you can look for same Growth as this will be second impulsive wave on long term basis , i will be looking to stay in till it makes 800+ with in 6 Months , as you can also view it has been granted new banking system so every drop is buy for longer term investment , ...