The monthly chart has formed a reversal candle. I have started accumulating the stock and would add more on dips with SL 572 on closing basis.
Using multiple timeframes to analyze IRCTC to form a trend opinion. Once you have a clear view about the trend, you can easily take swing positions or intraday trades.
US30 chart in different timeframes to understand how to form a trend opinion and then swing it or trade it intraday.
BalkrisInd is placed at a very interesting price point. Currently trading at its supprt of 1900; there has been a formation of Cypher Harmonics Pattern. If the pattern sustains, there is an opportunity to gain 25% upside while risking only 5%. Will you take that chance? P.S. - I already have !!
Harmonic Pattern - Crab D The stock has given an entry indication. With the current global scenario, it is a risky bet with Risk - 56% downside & possible Reward - 120% upside. I personally have started taking positions @ avg price of $115. I am simply sharing my view, it is not an investment advice.
The Shark reversal harmonic pattern is formed in Daily TF. You can look for Entry above 495 With SL 405 (CLBS) Targets 575 / 700
- Trading at 50% Fib Retracement from the ATH - Taking Support from 50EMA Good time to accumulate some quantity for your portfolio.
#COLPAL Currently trading at Support> BUY CMP 1643 WITH SL 1620 TARGET 1700+
#COMPUAGE Buy Above 35.50 with Strict SL of 27.50 Target 47/52
#EMAMIPAP Mid-Term Buy Between 160-180 SL 170 Target 250
#NMDC Gave Descending Triangle breakout and retested the breakout area today. Also taking 50EMA Support in Daily. You can BUY at CMP with strict SL 160 Target 220 in Mid-Term
#WIPRO - One of my most rewarding portfolio stock. It is still available at an attractive Valuation for a long-term investment. For short term.. Buy when it touches 21EMA or 585 levels with SL 565 Targets 635
#ZEEL is currently range bound Bouncing near 200EMA in Daily Flat-ish RSI It is a very good candidate for option writing. Write Options & Hedge. But no clear view otherwise.
#GPIL Medium-Term View Pays respect to 50EMA Try to Buy/Add between 1340 - 1400 price range with SL 1250 Target 2050
#ANGELBRKG In a very strong Uptrend Gave 61.8% FIB retracement and was the best time to re-enter or accumulate. If you are looking for a fresh entry or short-term BUY BETWEEN 1250-1300 SL Below 1180 Targets 1550
We are holding for the targets for 730 for mid-term with SL 464. The price might retrace to 550, accumulate more for a short term target of 650.
#MUNJALAU Short-Term View Buy Near 69 SL 66 Target 75
#BHEL Short-Term View Buy Above 60.75 SL 56 Target 78