If you find any breakout in monthly with good volume buy for the purpose of holding it very very long. Else, we can expect the fall to <Rs.2.5 - 4 Note: Fall is good..!! After proper correction, this stock can drive high If no breakout is seen, fall will happen
Target= 200 days EMA. Sell on every raise. 29000 is clearly a visible target....
Idea reached the high of Rs.13.8 ignoring the Fundamentals and once people started realizing its worth, it started to fall. Too many indications which shows adds up to the fall: 1. Weak Fundamentals 2. Trading near the downward channel which started in 2015 and Idea is not strong enough for the breakout 3. It slipped down from the Orange Line(Trend line) 4. 200...
Buy above 2700 for 77 points. SL:3682
LICHSGFIN is at very interesting levels now. It is at the reversal points now. thought it would take some time to reach this level but thank god, we got to this level soo soon. We can expect a major bounce back in upcoming session. With the upcoming LIC IPO, now is the time to buy this share. will test 512 level in the upcoming sessions and later 589 too maybe...
Glenmark is making lower high lower low pattern from 2017 on monthly chart Every since it didn't try to change its pattern. During the Mar'20, it formed a new low. It tried to alter it's pattern by breaking the previous low in June 20. However, it didn't happen and since then it is near the previous lows only. Now is the TIME TO DECIDE whether or not the market is...
Glenmark is not falling below 490, and all the option sellers were not satisficed with the profits they have earned by now. So, they simply lifted the share price only to throw it down and nothing else. I suggest all the call option buyers and equity buyers to exit now and find a better share...!! Possible up move until 513 and can fall heavily from...
Until 25th, people cannot see any major moves in this share. All the option premium is drying rapidly than ever from Feb 5th onwards. Today's premium fell beyond the Feb 1st rates.....Soo disappointing. Good amount of shares were struck in the hands of Big investors. Just by selling 4.6 lakhs shares, price dropped by Rs.20/- Better leave this stock for good and...
If the marked red line is crossed with good volume, we can expect a good move until 573.95 till then, accumulate... :)
Accumulate now to get a target of 4000 soon HERO is fighting a tough fight to be the hero in market. Going to retest the 3460-80 levels, if breaks 4000 results are nearing by, here is the plan: Market takes the share price near to 3480 by today or tomorrow and once the results are out, 3480 will be broken and 4000 will be the target.
Soon after Glenmark exited from a descending channel, it fell into a consolidation zone and during that time, either, i) accumulate the stock on the each dip or ii) Sell the options Based on the options data, Glenmark may not cross 500 as there is a huge volume of contracts at that level. That could be the reason why we have seen several ups and downs in the...
Wow, Surprisingly, PVR has formed a flag pattern and any breakout above the green line leads to a strong upward rally. market sometimes helps the trapped buyers to exit at cost or even book small profits.
If you guys might have noticed, PVR is not moving up above 1320 even after opening theaters, or started 4 new theaters. It is because of the time premium decay. It only mean one thing that there are sellers at large. During this time, swing trade earns us good but risky because if we expect the share travels between 1280 and 1320, we usually buy at 1280 after a...
Sell below 812 or Buy 800 pe at Rs.16 Target: Black Trendline Stoploss: 820
Looks like there is going to be another rally in Aarti Drugs. invest for long.
Idea formed a Bearish Pennant pattern both on Weekly & Daily charts. (google it) A bearish pennant is formed during a steep, almost vertical, downtrend. After that sharp drop in price, some sellers close their positions while other sellers decide to join the trend, making the price consolidate for a bit. As soon as enough sellers jump in, the price breaks below...