CMA_Swarup

CMA_Swarup

NESTLEIND Looks good at current level. Fundamentally its a good stock. Clear H&S Pattern & near ATH level. Expecting 21900 & then22700 in near term.

CMA_Swarup

1. Weekly H&S breakout 2. 100 day EMA acting as good support. 3. Breakout recent high with good volume.

CMA_Swarup

HGINFRA last 3 moving in a rectangle zone. Now its trying to break it. Buy only above current candle high SL current candle low. 1st target 760-800

CMA_Swarup

REDINGTON give Breakout Volume is also good comparatively to other days

CMA_Swarup

After last upmove #CUMMINSIND consolidating almost 5+ month. It tried multiple times to sustain above 900 but failed each time. Finally now it sustaining above 900 plus it give highest weekly closing after March 21. Long entry can be initiated at this level with SL of 820. For safe player wait for daily candle close above 925. Target - 1200+ All time high.

CMA_Swarup

#ABCAPITAL forming flag pattern both in daily & Weekly Timeframe. Volume is also lower side in red candle. Entry can be taken at CMP with SL of 110 with the target of 170. Almost 1:3.5 RR. For safe player entry above daily closing of 130-135 only.

CMA_Swarup

#PARAGMILK consolidation near 3 month in a tight range. 100 Weekly EMA was previous resistance and become support. Also 120-125 zone act as strong support. I feel down side is very limited. I am expecting 170, 200 & 260 for Positional trade.

CMA_Swarup

WABAG consolidating in a tight range for last 8 week and volume is relatively low in down move (Daily chart). Price consolidating near long term Resistance which is bullish sign and taking trendline support. Potential upside target - 450, 540, 600 Downside is limited. I'll wait for price close above 390 or a pullback near 330 to go long.

CMA_Swarup Updated 

Inverted Head & Shoulder, Clear textbook pattern. Stock also trading 200 MA. For mid term I am expecting 60-64 and for long term I think 130 is possible.

CMA_Swarup Updated 

Wait for weekly candle to close above 101 level. Above 101 this once can stretch till 150 which is nice 50% move.

CMA_Swarup

As per closing basis today finally it give BO. Buying at CMP Stop Loss below 300 Targeting 360

CMA_Swarup

After last up-move KABRAEXTRU wan in consolidation zone for almost 3 month. Recently It gives clean BO with very good volume. At this point almost 20% clean up-move is possible. Entry can be taken at CMP with SL of 200 For conservative player entry above 240 (need to sustain above this level at-least for an hour.)

CMA_Swarup Updated 

Broking stock blooming and chart of RELIGARE looks good to me. Last 2-3 day's fall don't impact much in this stock. RR looks good.

CMA_Swarup Updated 

USHAMART looks very bullish. It broke its previous swing high even when border market closed in deep red. 1st target - 66 Final target - 85 SL - 54

CMA_Swarup

1. It create its base around 38.2% fib lvl. 2. Trading above 200 day MA. 3. Clear bear trap visible in recent Price action. 4. Volume also looks good. It looks good for 214 which give nice 1:2.11 RR

CMA_Swarup

BAJAJHLDNG trading above all major Moving average in Daily as well as Weekly Time frame. 1st it gave Breakout above 3000 level and now consolidating in a short range. Also trading above 61.8% fib level which is good bullish sign. Buy rage - Above Purple TrendLine with the daily closing basis SL of 3000. As per my weekly chart analysis my 1st target - 3940, 2nd...

CMA_Swarup

After taking support in 200 EMA/SMA APOLLOTYRE forming good bullish pattern. SL is very Low (126.50)

CMA_Swarup

Previously Apollo Tyres revers many times rom 200 EMA but this time it taking support of 200 EMA. It can give good move if sustain above 200 EMA. #lowRisk #Swing #APOLLOTYRE