Dreddy has given a breakout from the a trend line and looks like it is setting up for a good momentum Hold till month end October Entry- CMP SL 4849 Target - 5430 R:R - 1:5
Bandhan Bank is showing signs of a breakout and has been squeezing with trend line for a long time so a breakout seems to in sight. Enter CMP SL 275 Target 330/350/370.
SBILIFE is showing signs of a weak breakdown (market has not confirmed it yet) from the trendline. Wait for the stock to cross 1195 which will lead to confirmation of a breakdown. Enter - 1195 SL - 1220 Target - 1100 R:R- 1:3.8
JSWSTEEL has broken trendline and consolidate with a tail so it is looking good for a long position. Entry CMP(681) SL 657 Target - 770
UPL has been in a bearish channel for quiet a while now and now the stock is at support of 700 with some bullish price action on smaller time frame. So going long from here would require a very small SL with good R:R. Entry CMP SL - 695-696 Target - 770 R:R - 1:4
Bearish Trendline break and then showing support near/on the trendline with a long tail so bullish on the stock. Entry if it crosses 225 SL at 218.5 Target 248 R:R = 1:3.5
PVR Ltd has formed a reliable triangle pattern on a monthly chart along with Nifty media index ready to bounce from a trendline on the daily chart. The stock has started showing volumes and currently showing support on the levels of 1300 on daily chart. Current Market Price: 1335. Target price is around 1800-2000 and target date is Jan 2022. Stop Loss : 1280
AXISBANK is holding near its pre-covid high and has started to form a triangle which seems to be breaking on the bullish side. Enter on the trade with full quantity once there is a breakout before that can enter with 25% or 50% quantity. Target is around 800-810 levels.