Big Range Trendline Breakout
Rally will start upside (Target 2x)
Big Rally Expecting in 3 Months
ADX 25+ ( Momentum Indicator)
Positive RSI 80+ on weekly time frame
Big Spurt in Volume
Keep on radar
Kalpatru Power Looks Attractive
Fundamentals : Strong, good for long term, FII + DII holding increased
Technically very bullish, Given strong Flag Pattern Breakout, above 200 DMA
R 1: 485
R 2: 535
R 3: 600
Short term - S : 380
Long term - S : 360-330
#KalpatruPower very good formation
Seems ready for very good run in mid to long term.
Keep adding on every dip.
CMP 447 we can keep deep SL of 370 on closing basis.
Good power sector play, Railways, and Oil and gas.
Stock Name - Kalpataru Power Transmission Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 454
#This is not Buy and Sell recommendation to any one. This...
Stock Name - Kalpataru Power Transmission Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 417
#This is not Buy and Sell recommendation to any one. This...
The stock looks good above 417.5 level for 0.7-1% intraday move and 4-5% positionally.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
buy above 375 for intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If...
Long position opportunity for minimum 10% gain. Swing Up with Fibonacci Support (38.2% retracement) and previous levels support line.
Entry = 367
SL = 348.5
Target = 407.9
