Krish_Kohal

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

Krish_Kohal

A long awaited move has been given in Mindtree after weeks f box consolidation on an area of confluence and a push off has been given, making this a high probabilistic trade due to the favourable risk to reward ratio and various confluences present such as 1. Volume dry up on consolidation 2. Above Average Volume Breakout 3. Consolidation on a long term trend...

Krish_Kohal

Nykaa has broken past its symmetrical triangle pattern but is still ' guarded ' by a box consolidation which provides higher confluence and a break from this can take Nykaa to a new zone with very little stoppage till 1876. Patience is Key. Keep It Simple

Krish_Kohal

The very anticipated stop has come near previous breakout high and the market has been in quite a standstill which opens an opportunity on the break of resistance Level for a target of 507. Stop loss 4-5% below buy point. Keep It Simple

Krish_Kohal

Dr reddy is giving buyers a second chance if it decides to breakout again on above average volume and could see the targets marked T1 and T2. T1 and T2 are based on recent breakout high and next area of value. Stop loss should be below the build up area of consolidation. Keep It Simple

Krish_Kohal

Jubilant Foodworks has formed a beautiful Head and Shoulders with a pullback and a buildup with dried up volume giving many confluences and a very favourable long trade on a breakout with high volume. Target: 683 which is the next area of value Stop loss: 548 Keep It Simple

Krish_Kohal

HDFC FIN may be ready for a move after consolidating under a resistance level for 90+ days and has given a v shaped shakedown setting sort of a bear trap. A breakout on high volume opens up a ew zone and targets T1 and T2 can be hit. Keep It Simple