Krish_Kohal

Krish_Kohal

BPCL has beautifully respected its uptrend after taking support from a long term trendline and 50EMA during the pullback after successfully creating a head and shoulders as updated on my previous analysis of BPCL. All of this done on above average volume Traget at 346.75 which is the recent high Stop Loss: Below 50EMA Keep It Simple

Krish_Kohal

UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline. UPL has given a double confluence 1. Rejection candle and respect of the long term trendline 2. Golden Cross( Crossing of 50EMA and 200EMA) A long position can be taken on break of the resistance zone Risk To Reward of 1:2 or a more...

Krish_Kohal

Beautiful number of confluences have been shown by NAUKRI 1. Support of the 50EMA 2. Support of the trendline 3. Break of 200EMA 4. Very favourable and quick risk to reward ratio All this was done on above average volume making a high probability for a long trade. Target should be at the next level of confluence 4881. Keep It Simple

Krish_Kohal

Adani Green has given a beautiful pullback to its previous 1. resistance zone 2. double bottom neckline 3. trendline A possibility of a long trade when the high of the most recent candle is broken on above average volume which breaks theresistance level, neckline and push off from trend line. Targets can be taken at T1 and T2 Keep It Simple

Krish_Kohal

Bharti Airtel is finally making a move, it approaches a long term resistance line on above average volume after forming a beautiful double bottom on the long term support line and a long trade can be taken on break of this zone. Stop loss below the recent king candle Target near the High of the stock. Keep It Simple

Krish_Kohal Updated 

With the current market bullish bias of bank nifty and nifty, it would be no surprise that one of the leading stocks makes a breakout.... HDFC Bank has been below a resistance zone for 140+ days and is approaching the same resistance with a possible V shaped breakout. It has already broken past the 50EMA and a break above the200EMA and resistance on above...

Krish_Kohal

TATA STEEL gives another opportunity to missed traders with a beautiful low volume pullback to its breakout point. The first breakout was given on high volume and stop loss has still not been hit. Stock gives traders another chance to enter long with a good risk to reward of 1:2. This pullback seems to be a normal one and no need for more selling to take place,...

Krish_Kohal Updated 

Havells has formed a beautiful bullish rejection candle on the 50 and 200EMA on above average volume and opens a possibility for a long trade Has a favourable risk to reward ratio Traget: 1317 Stop loss: Tight below the rejection candle and 50EMA Keep It Simple

Krish_Kohal

Hindalco gives an opportunity for a long trade by numerous confluences 1. consolidatory break of the 200EMA 2. Break of Resistance zone 3. Favourable risk to reward ratio 4. High Volume 5. Upward channel support Stop Loss below the recent consolidation low

Krish_Kohal

LT has formed a complete double bottom move and hit an important resistance level forming a bullish flag pattern and a break of resistance level on above average could lead to a long trade. Observe the moving average crossover and high Volume. Targets of T1 and T2 could be taken Stop Loss below the recent flag swing low. Keep It Simple

Krish_Kohal Updated 

ULTRACEMCO is forming a beautiful cup with handle pattern at its bottom, the handle is giving a shakedown and a long entry possibility if the high of the handle is taken out with high volume. Giving a target of 6776 (13%) which is the next area of confluence where the stock may haunt or make a pullback. Fundamentals of the stock are strong and healthy according...

Krish_Kohal

Auropharm has formed a beautiful cup with handle and has given a breakout on above average volume. Giving a valid shakedown by the handle as the volume dries up and a sudden break of th 50EMA and handle top shows bullish pressure for a long trade. Target 1 being the 200EMA and T2 at 692 at the highs. Stop loss near the minor swing low Keep It Simple

Krish_Kohal

BPCL is forming a beautiful Inverted head and shoulders pattern at its low and with its earnings coming up on 12th august, it makes a strong long contender. It takes support on the 50EMA and a break above the neckline on above average volume initiates the trade with long targets of T1 at 371.20 and T2 at 394.45 Risk To Reward od 1:2 Stop loss below the 50EMA High...

Krish_Kohal Updated 

SBIN has broken past its neckline and is moving towards its long awaited resistance level after forming a beautiful double bottom, a long trade can be taken on break of resistance on high volume. Target: To previous High 536.75 Keep It Simple

Krish_Kohal

Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has been given and a break above the resistance and the 200EMA provides a possibility for a long trade. 3 targets T1 should hit in a short span while T3 may take a few months with pullbacks. Stop loss below the 50EMA...

Krish_Kohal

Please Refer to my previous analysis on Infosys to get an insight and a detailed analysis on this updated opportunity, with target levels marked. Keep It Simple

Krish_Kohal Updated 

ICICI bank has been under a resistance zone for 154 days and is now coming to test the same zone. A possibility of a long trade is available on the break of a resistance zone with the target and stop loss as mentioned.

Krish_Kohal

Lupin had formed a beautiful saucer with a handle pattern which is similar to a cup with handle pattern but a more flatter base without the U... The break of shakedown of handle will make Lupin ready for a big move Very favourable risk to reward ratio Traget: 792 Stop loss below the handle Wait for handle to break on high volume Keep It Simple