Stock is trading above Fib Support and Previous Resistance from past 3 days. Good Risk to Reward. Buy for first targets of 151. SL 136.
Kitex Garments on weekly charts has given a breakout after a long and decent consolidation. This stock can be bought now for first target of 620 Positional. I expect this level can be seen in couple of months from now. Good Risk to Reward.
FED BANK approaching very stiff resistance zone.( 74-76). Volume activity suggest, it would be difficult to break the resistance. Aggressive traders can short fed bank with small Sl. But one should exit the trade on close above 76 or go long then.
Buy ONGC When price comes to the buying zone on chart. Its creating higher high and higher low on hourly chart, hence trend is strong. Target 1- 284
Low Risk, High Reward Trade RISK - 0.9% 177 Points Reward - 4.2% 800 Points
DCM SHRIRAM Cup & Handle Breakout on weekly charts Short term Target:- 300/330 Long Term Target:- 380
LOOKS GOOD GUYS, WHAT DO YOU THINK...???? Like it if you love it...
On weekly charts, It appears that we may get breakout from INVERTED H&S. If this pattern develops, then this stock can fly, boom and zoom... Target for this breakout would be 800 Like it if you love it :)
Bata in a bullish CYPHER PATTERN. Positional Target 1- 530 Positional Target 2- 560 SL 470
It is trading on rising Trendline and above Fib Pivot Point. Can be bought with Friday's low as SL and Targets for:- 17257/1760 for this week.
NTPC is in downward moving channel on daily charts. This stock should be shorted on all rise till we get a close above the channel. Its also moved below 200 EMA, which further signifies the weakness. Positional short with Target of 133 Try to short near 150 Region with a SL of 155. Start trailing the SL as per profit.
Should be self explanatory. Ask if any doubts.
JP Might just break out on upside to test the recent highs as first target. FNO data also suggest something is cooking and we may get a decent move on upside very shortly. But buy only on breakout
IDBI has been trading in a channel on a daily charts. Will it test the resistance trend line again. As of now one can buy it for first target of 81. But one has to be careful on the upside as well as there is a potential bearish Gartley devloling inside the channel.
Ascending Triangle Pattern awaiting Breakout Buy on close above 455. SL- 430 on Closing Target 500/530
Hourly Chart India Cement, Post a decent up move. Its consolidating between a triangle. Where do you see it breaking out. On upside, Break of 158 levels with Volume should take this stock to 163. Watchout
Just a guess- If the stock opens above the GAP Zone and sustains for first 30 min, then go Long. And if it opens in the GAP Zone- wait for sometime and see where its moving. If it opens below the Gap Zone then GO SHORT Happy Trading. Results look good, hence I am hoping we have a bullish day. Hence bias is Long