Stock has been a consolidation phase since FEB - 21. Stock is looking to break its all time highs after 2 years hence the breakout can be with force. Wait for the breakout to sustain and then trade the stock according to the plan given. Disclaimer - Please trade as per your risk taking capabilities. Stock trading is a business and not a get rich quick scheme. ...
The stock has been seen making multiple cup and handle patterns. Once the stock closes above its All time high on a monthly basis an entry in the stock can be taken. This is for high risk takers and people with deep pockets. Also do not risk all your capital in one stock. Deploy cash in a smart manner. Updates on Buying, Stop loss and Targets will be given...
HDFC BANK has been consolidating for a long while near its resistance areas. This is showing that the sellers are losing their grip on the supply zone and buyers are willing to push the stock ahead and change the market structure. The breakout has not yet happened but the signs look positive hence keep it on your radar. Disclaimer - Please take positions as...
Stock has been in a range for a while. Idea is to build a position in the demand zone and sell at the resistance area. Stock and sector have face pessimism hence it is a contra call trade. Follow SL with Discipline and Exit as soon as it hits. Disclaimer - Please take positions as per your risk appetite and I am not responsible for any profit or loss.
This is a very good opportunity for new comers to learn market behaviour and see how price behaves in the market from inflection points. Marked areas are inflection points for the stock. Two types of trades possible here. Sell at the resistance with potential sellers or wait for them being taken out and buy the strong breakout on the upside. There are always...