KausthubRao

KausthubRao

ITC seems to have a breakout from the falling trend line, every body has though breakout has happened near 170s last week, I have show you the falling trend line they have put, and assumed it broke-out, but I am sorry guys that's a wrong trend line you have drawn, as you see the trend line at 175 last week has bring down the stock from resistance, and now it has...

KausthubRao Updated 

Buy above 390.50, Target price 396,402,410, it may go even further because if it crosses 396 it is going to have a strong support at 396. Stop loss 382, candle should form bellow 382. All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own...

KausthubRao

The day candle have give inverted hammer suggesting change in trend. This is going to form a cup and handle and breakout. All it needs is huge volume . The third attempt to raise the price with volume has failed, it still I waiting to raise with volume . If it manages to break 925 it will lead to 1049. entry point after breakout with stop loss of 899 on closing...

KausthubRao

Buy above 1750, a candle should be formed above that, lot of selling pressure at that point, or else buy around 1685 near buying power line. Stop loss if you bought over 1750 is 1733 or bellow on closing basis. If bought around 1685, have a stop loss at 1670 or bellow, a candle should form below that on closing basis. There was also a breakout in weekly chart,...

KausthubRao Updated 

There Needs to be a correction, or at lest some consolidation in the stock because it was increasing continuously since last 5 days, with increase in percentage of almost 20% and RSI is too high with 81.19. We have seen a breakout in the stock, so now its consolidation and correction time. Enter the market after watching stock price for the first 15-30 min of the...

KausthubRao

Intra week There has been a cup and handle pattern being formed since a month which is reliable for a short term investment. Since couple of days the day candle has formed inverted cup and handle signaling change in trend from the support line of more than a months. Enter now with a stop loss of 368 or bellow on closing bases, which includes the safety of 1% from...

KausthubRao Updated 

Buy the stock if a 1day candle form above 1120, with stop loss of 1110 on closing bases. When the stock was falling in march, it was tested near 1120 before falling further down, so if it could break this, this mean that it will come over the selling pressure. which will lead the stock to 1178,1200,1230,1260 All these Information is based on my personal knowledge...

KausthubRao Updated 

Go long on this stock, people who want to invest for a week or more buy at 707 above, a candle should be formed above, don't trade immediately after crossing 707. Target prices would be 750, and if you want to go above 750, have trailing stop loss of 2.5% from 763. Stop loss is 693 on closing bases, so a days candle should form below 693. For ones going intra...