VCP BO + Retest done. Expect major movement once stock is able to close above 930. Time to enter the longs!
Stock is looking all set for a huge movement in coming days however, it'd need to cleat the major resistance zone first on closing basis. A Trade in Cash/Fut looks promising. Enter with due diligence.
#CARTRADE Where is the bottom of this fall? If 805 is broken on DCB, you may see one more round of heavy selling. I still remember last month someone had asked me about this stock he got allotted in IPO. I had asked to hold with 880 WCB SL. I don't know if he has exited or not. For now, new SL is 805 DCB.
#PAYTM What a wealth destroyer! (of IPO allottees) No signs of bottom yet. So no SL as of now but you may keep SL of today's low. I hope it recovers in Future and create success stories. But a NO as of now!
#UFO Looks like a great stock to add in every decline. A 2X or mabe a 3X from here. Views negated below 88 WCB. CMP 103.70
Above 477, Stock is looking all set for 500+. BO already done. A pull back would make a perfect entry for better RRR.
#BANKNIFTY gave almost 2000 points from 1st Break Out. However, it needs to give a Break Out again otherwise we may see some decent profit booking. RRR is better on Sell side now.
Stock is looking all set for a big move. Major movement above 892 DCB for Target 965+
Broke out of C&H Pattern. Looking good for 2530+. Above 2532, it's virgin territory.
1. Inv. H&S Break Out on Daily Time Frame. 2. Positive Divergence. 3. Closed above 50MA 4. Narrow range of 2385-2527. Short Term Target 2525+ 5. For higher Target of 3000+, I'd wait for closing above range. 6. Views negated below 2285 DCB
RELIANCE on the verge of Make it or Break it! Stock can either give F&O Break Out on Weekly Time Frame if manages to give weekly closing above 2400. However, it doesn't and breaks pervious week's low of 2345 and give Weekly Closing below it, we may head to 2155. Either case it'd affect NIFTY's direction as well. This analysis on Weekly Time Frame, so don't create...
Above 36500, we might again get 600 point rally for Target 37160. Bank Nifty should do well now.
17640 is a good resistance for NIFTY. If that's crossed and sustained, we are looking at 17833 as next possible Target.
Can IDEA give 3X Bagger from here? If you look at charts, IDEA is making HH-HL Pattern. If IDEA manages to break, sustain above and give monthly closing above 17.15, stock would enter the Resistance Zone of 18-24 and may stay there for some time before breaking out and reach our Targets of 47 and 72. As of now, views are negated below 8.5 MCB which would keep on...
Stuck in Range of 34900-35500 However, as long as BN is holding 34900 on HCB, Bulls are good. Need to clear 35535 for Positive Bias.
Need to Break Today's High! NIFTY faced MA Resistance on HTF. However, stays low, may retest 17112 to take support, below which next major support would be 16971. However, above 17250, 17400 would be next possible target.
1. Trend Line Break Out with decent Volume 2. Volatility Contracting 3. RSI Break Out 4. Nearing ATH. 5. 5900-6000 Resistance zone. 6. Major movement above ATH of 6013.30
NIFTY is BUY above 17115 for Target 17180+ NIFTY is SELL below 17041 for Target 16950- 17115-16940 is a NO TRADE ZONE.