Dheeraj_Gupta14

Dheeraj_Gupta14

Not sure if it is called retesting, Please comment if anybody has idea to understand price action in coming days. I think we can go long above 2875 price with a stop loss at 2830 levels.

Dheeraj_Gupta14

Keep an eye on tata power for potential breakout from the triangle pattern. Breakout with good volume will give easy 5 to 10% return in the near term.

Dheeraj_Gupta14

Tata steel is trading in a rising channel and currently placed at the bottom of the same channel. Long position can be opened for the potential of 15% to 20% upside in coming months. Stop-loss can be placed below the channel support on daily closing basis. This idea is for education purpose only, please do your own analysis before entering any trade.

Dheeraj_Gupta14

Long position in Interglobe aviation can be opened with strict stop-loss at the lower levels of trading channel. Some important points to consider: 1. Stock is trading in a rising channel and currently at the bottom of the channel. 2. Respecting the historic horizontal support & resistance. 3. Accumulation of stock near the 38% Fibonacci retracement line. 4. RSI...

Dheeraj_Gupta14

Reversal in stock price can be seen based on the following points: 1. Stock is trading in a rising channel and is at the support level in the channel. 2. Respecting support in a falling market. 3. RSI is in oversold zone. 4. At the lower zone in Bollinger bands. 5. Forming double bottom pattern.