concor : 698.05 trade set up: 1. buy above 705 2. keep stop loss as 685 on closing basis 3. targets : 723/742 /753+++ technical based on : 1. triangle 2. trendline 3. support 4. resistance breakout 5. bullish engulfing candle
shriram transport : 1321.50 trade set up : 1. buy till 1306 2. keep stop loss as 1256 3. targets : 1421/1517/1644 technical buy set up: 1. pennant 2. flag & pole in weekly pattern 3. triangle 4. support / demand zone 5. high volume in bull / low volume or below average in bear . time frame 1 month for target 1 / 3 months for rest of the targets
IOC : trade set up : 1. buy above 116 2. keep stop loss as 100 on closing basis 3. targets 131/143/162+ key technical highlights : 1. cup & handle 2. trend line 3. value note : stock is trading at handle portion of the (c&h) pattern . recent ( Q on Q ) is good. expected a good breakout with this pattern for good returns . good long term pick
federal bank : cmp 89.85 key technical highlights : 1. multiyear trendline breakout formation . 2. consistant volume accumulation for multiple months . 3. good volume pick up at price breakout level . trade set up : 1. buy above 90.20 2. keep stop loss as 82 3. targets : 108/124+
adaniports : 671.90 trade setup : 1. buy up to 660 2. keep stop loss as 632 on closing basis 3. targets : 737 /756/797/816++ technical buy based on : 1. demand and support zone 2. trend line support 3. increasing volume near support 4. double bottom
muktaarts : 39.75 trade set up : 1. buy above 39.70 2. keep stop loss as 32.45 on closing basis 3. targets : 49.80 /57.90/68+ technical set up : 1. ascending triangle 2. multiple time frame analysis 3. volume 4. breakout on weekly / monthly time frame 5. bullish engulfing candles formation.
trade can be executed based on only trend line /support and resistance with out indicators . things to be noted : 1. formation of horizontal base support price 2. lower supporting trend line near to base support 3. keeping simple price support below trend line as stop loss on closing basis 4. targets will be every major resistance formed earlier in...
note : all trading / technical details explained in charts
bandhan bank : a. The falling wedge pattern is a continuation pattern . b. these patterns are formed when price bounces between two downward sloping converging trendlines . c. with lower lows and lower highs d. this pattern is considered as bullish chart formation , e. but some times can indicate both reversal and continuation patterns – it depends on where it...
M&M : CMP 775.45 trade set up : buy above 783 keeping stop loss as 760 on closing basis targets : 805/843/867/912/940+ technical buy based on : 1. triangle 2. breakout concept 3. volume 4. bullish engulfing 5. trend line resistance breakout
MGL: 1059 trade setup: 1. buy up to 1042 2. keep stop loss as 985 on closing basis 3. targets : 1114 /1149 / 1191 /1223 /1267+ technical setup: 1.parallel channel pattern 2.support 3.trendline 4.value in sector
bataindia : trade set up : 1. buy above 1698 2. keep stop loss as 1552 on closing basis 3. targets 1841 (handle measured )/ 2100 (cup measured) technical set up : 1. cup and handle pattern 2. breakout concept 3. multiple time frame analysis 4. breakout retest
tatamotors : trade setup : 1. buy with stop loss as 275 on closing basis 2. targets : 312/325/335/349/357+ key technical highlights : 1. stock is trading in range for the whole year from jan 2021 till today in price band of ( 280 to 357 ) . 2. trading in parallel channel & rectangle pattern 3. multiple time frame analysis stock is having , good strong support...
vakrangee ltd : 1. buy in range 29 to 24 2. keep stop loss as 17 on closing basis 3. targets : 37.55 / 43.65 / 50 +++ technical buy based on : 1. bullish harmonics 2. fibonacii retracement levels 78.6% to 88.6% 3. value buy 4. support / demand zone note : stock is on a continuous downtrend since recent high from december 2020 and has reached good bullish...
hathway : cmp 26.25 trade set up : buy up to 24 keep stop loss as 18.10 on closing basis targets : 36/42/49/ 56/62/76+ technical buy based on : 1. symmetrical triangle 2. parallel channel 3. trend line support 4. volume 5. bullish engulfing candle 6. valuation in the sector .
trent : 902.35 trade setup : 1. buy above 920 2. keep stop loss as 886 on closing basis 3. targets : 946/970/1000+ technical buy based on : 1. inverse head and shoulder pattern 2. volume note : hourly time frame taken for the pattern study .
enginersind : trade set up : 1. buy at cmp 75.05 till 73 2. keep stop loss as 66 on closing basis 3. short term targets : 84.35/96.65/ long-term targets 112.25/128.35/146.35 technical setup : 1. trendline 2. fibonacci 3. triangle 4. value note : a. stock trading exactly at strong trendline support , which is intact for more than 52 weeks . b. its...
HINDPETRO : 268.65 trade setup : 1. buy above 277 2. keep stoploss as 266 3. targets 289/304+ technical buy based on : 1. cup and handle pattern 2. breakout concept