Scrip: Himadri Specialty Chemical Ltd (HSCL).
Setup: Weekly Breakout above 2 years range
Stoploss: This is a positional and investment call for a few months. Stoploss needs to be determined as per risk profile.
In case of a market crash, more positions can be added at lower levels in the range of 40-45.
Target 1 - 85
Target 2 -...
Scrip - BHEL
Setup : Start of Second Wave (Elliott Wave) for a Target of 82.
Stoploss : 63. (I will be adding more to my position in case market crashes and will accumulate this stock at lower levels)
Please be note, this is the first time I am publishing an idea following Elliott wave to see the viability of the concept and testing my understanding.
Scrip Name: Sun Pharma
Setup: 52 Week High / Breakout / Positional Trade in Uptrend
Entry zone - 750 - 830
Support zone 1 (750 - More positions can be added in this zone if your risk allows),
Support zone 2 - 650
Stoploss - Prices moving below 650 should wake us up
Note: Sun Pharma Promoters has a pledging of 6.36%. Any increase in this (beyond 10% should be a...
Current Trade Rationale : Bouncing from Support zone of 140-150
Setup: Investment Idea, More position can added in zone of 75-100 (In case of market sell-off),
Target - 180. More positions can be added at lower levels. So do not put all the money in one go, buy 50% now.
if able to ride the momentum, close the position on reaching target. If get...
Script : Coal India
Setup : Trend Channel Breakout and Trending up
Target 1 - 180
Time Period - 3 months
This is an investment idea and positional call for 2-3 months.
Coal India is currently trading at comfortable valuations
PE - 7.14
Price to Book - 2.45
MCAP to Sales - 1x
Note: I am not a SEBI registered Analyst, so please trade and invest based on your...
Scrip: GMDC - Long Idea - Target 100.
Setup: Investment Idea and Re-entry. Tracking the Channel.
Earlier had entered at 70 & exited at 81.5 = Booked 11.5 points (over 15% move in 20 days).
Now, Re-entering at 75 for higher Targets of 100.
Stoploss: This is an investment idea. Please decide, manage and adhere to stoplosses as per your risk profile.
I will be...
Buy a Good Stock on a Bad Day. / Slowly add at every support level and build positions. (20%+20%+30%+30%)
Enter: This is an investment idea for medium term to long term horizon. Slowly build positions in the support zones over a period.
Support & Entry levels for building positions - 3720,3400, 3150, 2880 (in case market sell-offs happen)
Security: Nifty (Sell on Rise)
Trade Setup - H&S neckline broken decisively. So short call / more effectively traded through a December put option or a multi leg option strategy
Trade: Short / Put buys / Sell on Rise / More effective if get to sell or take a buying Put option entry on a gap up bounce around 17100 / 17200
Stoploss: A wild bounce back in form of...
Scrip: Canara Bank
Setup : Price at 52 week high, Chikou in open area, Ride the momentum for quick 10%-20% gains
Entry : 185 - 195
Target - 225-228 range (20% gains)
Stoploss: This is positional trade and determination of Stoploss should be based on ones risk profile.
150 should be good zone to add more to the position.
Please note: I am not a SEBI registered...
Scrip Name: Indian Oil Corporation
Setup : (Weekly Breakout Strategy)
Entry - 115- 118
Stoploss - 100 (In case it reaches this price levels due to market correction, additional positions can be added).
Target 1 - 130
Target - 2 - 140
Target 3 - 150
Time Period - 3 Months
The Stock is also providing a good Dividend Yield.
Amara Raja Batteries - Positional Trade Idea - Buy
Setup - Price Bouncing back from Support Zones & making a Higher high first time after being in downtrend
Entry - 740 - 770 Buy Zone
Target Price 1 - 800, Once crossed 840 can be seen as next achievable target (Target 2).
Stoploss - Prices below 695
Ideally this is an investment idea and in case market...
Scrip : PNB
Setup: 3 Rising Valleys Pattern, Rising Channel, Chikou Span in open space and PSU bank Index giving breakout above 2 years levels
Target 1 - 55
Risk: Slightly Risky Trade as PSU bank
Stoploss: Please determine, manage and adhere to your stoplosses as per your risk profile and appetite.
A close below 35 could be a determined as a Stoploss level....
Scrip Name: BHEL
Setup - Taking support from 200 DMA in Uptrend
Entry - 55 - 60
Stop Loss - 51
Target - 70
Time Frame - 2-3 Months
Currently the company is reporting losses from last 6 Quarters and falls in bit risky trade. So please have your checks and balances.
Please trade based on your risk profile and analysis and Have strict stoploss in place.
Buy on Dips Investment Idea - Slowly add position at every support level, if it does come to these levels.
Scrip : Hindustan Unilever
Entry - This is an investment idea, buy on dips and add at every support levels. Support levels mentioned in the chart.
Enter at 2650, 2500, 2300,2150.
This is an investment idea for medium term to long term horizon. Giving...
Scrip - Rallis India
Setup - Bouncing from support zone and closing above previous swing high
Entry - 300 - 310
Target1 - 330-335
Rallis India is a Tata Group Company and is a Fundamentally strong counter.
Ace Investor RJ & family also holds around 10% stake in the company.
(This is an investment idea and in case market sees sell-off more position can be added...
Stock: Wockhardt Pharma
Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce)
Entry : 460-480
Stoploss - 440
Target 1 - 520
Target 2 - 580
Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade.
Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was...
Entry - 308
Setup - Prices moving above previous LH
Target 1 - 330 (3-4 weeks)
Stoploss - This is a Investment Idea and more positions can be added in case prices dip further
Please trade and invest based on your risk profile and knowledge.