DalalStreetTrader

DalalStreetTrader

Breakout tomorrow or in comin days is expected, 26.50 is short term target, can enter at current market price.

DalalStreetTrader

Breakout with volume, simple and most effective trade, enter at cmp with a sl of 5955 and 15% target of 7100

DalalStreetTrader Updated 

A symmetrical triangle occurs when the up and down movements of an assets price are confined to a smaller and smaller area over time. A move up isn't quite as high as the last move up, and a move down doesn't quite reach as low as the last move down. The price moves are creating lower swing highs and lower swing lows. Connecting the swing highs with a trendline...

DalalStreetTrader

stock has given a strong breakout with insane volumes, I know It's tempting but risky also. buy but less qty! target open!

DalalStreetTrader

looks bullish, enter if it gives this triangle breakout, In case if it gives a breakdown, enter after price touches 200 day moving average.

DalalStreetTrader

Stock is finally at a strong support, we can go long at cmp for target 791 and stop loss very small at 687. small stop loss because amara raja batteri is in complete downtrend and very risky so I've given low risk high reward trade here.

DalalStreetTrader

Time to buy tata motors, you can keep a very close watch on the stock, it's close to 200 days moving average which is very powerful, prices tend to bounce from 200 days moving average. we can very easily capture 26% upside move in the stock, Entry Price - 270 Stop LOss - 251 TARGET - 342

DalalStreetTrader

This is an example of pure price action, looks very safe to enter at this current price, price is at 11 months old resistance so it's not likely to fall below that resistance, that's the reason I said it's safe to enter.

DalalStreetTrader

Very slow moving stock but definitely worth considering buying or holding, as we can see currentlt the stock is at good support of previous resistance. looks safe to enter at current market price at RS 38.40 for target of RS 55.50, stop loss can be placed at RS 33.60

DalalStreetTrader

The cup and handle pattern is a bullish continuation pattern that indicates a strengthening of the price of a security succeeded by a breakout after which the price of the scrip shoots up. The period of consolidation is the U-shaped cup whereas the breakout is signified by the handle. Cup and handle chart patterns are said to have been popularised by American...

DalalStreetTrader

A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most...

DalalStreetTrader Updated 

Bharti airtel is on a verge of breakout, we can expect a breakout in upcoming days maybe within 4-5, if it breaks upside - we can easily get ath target 604 and even higher this time, if it breaks down - we can expect downfall till 497.

DalalStreetTrader

we can see a trendline breakout, but there's still a support of 133.95... weak below 133.95 on candle close

DalalStreetTrader

Stock has made double bottom forming a W PATTERN, Penny stock - very high risk but can give very good returns.

DalalStreetTrader

Candlestick patterns, which are technical trading tools, have been used for centuries to predict price direction. There are various candlestick patterns used to determine price direction and momentum, including three line strike, two black gapping, three black crows, evening star, and abandoned baby. However, it’s worth noting that many signals emitted by...

DalalStreetTrader

The stock has given a RANGE BREAKOUT in day tf, short term investment for quick 5-10% is expected. Please like, comment and follow me if you like my work :)

DalalStreetTrader

Similar to flags, both the bull and bear pennants consist of three main elements: The flagpole - the asset’s price must trade higher in a series of the higher highs and higher lows; Pennant - a consolidation phase takes place between the two converging lines; A breakout - a break of the upper trend line activates the pattern, while a break of the supporting...

DalalStreetTrader

Chasing the news is not a good stock-picking strategy for the individual investor. Soon, traders may decide that Tata Motor's price has fallen lower than its fair price... They will buy it, driving the share price up. This is one reason why so-called conservative stock pickers prefer a buy-and-hold strategy. They can ignore the hour-to-hour noise, confident...