Metal sector: Nifty metals has not shown much rally but as per time cycle this sector seems to be ready to fly in next few days/weeks. My Preferred picks are: Jsw steel, Nalco, jspl.
Low Risk High reward bet - KOTAK BANK seems a no BRAINER at CMP. Investment buying can be done for some great upside potential in future.
ELECON(M): CMP LOOKS GOOD FOR SIGNIFICANT UPSIDE. 1) MULTI-YEAR BREAKOUT 2) VOLUME EXPANSION 3) RSI INDICATING PRICE STRENGTH. HORIZON: 12M
When Noone seems to be Interested in this stock. Time Cycle Points towards a Rise from the Ashes.
Asian Paints has been following its Time cycles on weekly chart exceptionally well. As u can see everytime it enters the time cycle zone (red lines) it forms a low and rallies. Price and Time confluence - is the most important way to trade markets. Majority of us are focused only on prices but not on time which is essential for trader to trade profitably in...
On every time cycle, ITC has a tendency to form a low and bounce back on upside. Very few were interested in this stock as it was a major laggard during April 2022. The recent sharp fall of ITC also made low near this Time cycle date. Way forward: When Noone seems to be Interested and all Negatives Around, TimeCycle Points towards a Rise from the Ashes...
SBI has given a fresh consolidation breakout on the monthly scale with a strong bullish candle. Momentum has retested the breakout and started the fresh leg of upside which will provide strength towards 700. Strategy- Buy at 584, add more on dips till 560 and hold with sl of 520 for 650-700 targets in a month or two.
Bullish view on #MarutiSuzuki Maruti is all set for a consolidation breakout. Tracking 8900 call near 160 for 250 rs spike. Auto stocks on radar. #optiontrading #stockstowatch
Bank nifty is ready to take off after ending the november F&O series down by 5%, first fall in 4 months after giving positive returns in the past three months. But there are ample reasons to be bullish again. REASONS TO BE BULLISH: 1) The rising trendline right from the weekly low is holding the index very strongly, also a promising support is seen in my magical...
IRB(W): Looking bullish with rounding bottom & volume spike along with golden crossover on longer time frame. Can be bought at cmp 200-205 for targets of 330/350/400.
Buy IGL at cmp (530) for a target of 602, horizon: 7-14 days. Trading near support level and 200 DEMA. Looks good for long. RR is very good.
Buy ultratech cement at cmp(7483), targets are: 7600 and 7800. Hold it for 4-6 weeks.
Buy BSE at CMP for the levels of 1415 in short and 1600 in medium term.
Aggresive traders keep TAMO in radar with strict sl of 467. Upside tgts can be 555/575. Chart is self-explanatory.
Buy TAMO @ CMP 490 Add till 480 SL 465. Tgt 575/595.
BANKNIFTY will hit october monthly pivot of 37300. Trouble starts after that. Search for trade opportunities on the short side.
Buy canbk at cmp 172 for 200-220 levels, hold it for 28-36 days.
Positional pick: #BEML another PSU stock ready to breakout from multi week consolidation. Targets of 1850-1900 can be seen in medium term. Happy investing ☺️