Manish_Mangla

Manish_Mangla

TATA COFFEE is at all-time highs after a breakout from Flag Pattern target cant be judged but Fibonacci says the target of 213 and 223 but remember stock shows huge momentum both side risk is also high first stop-loss would be at 180-183 and sl2 would be 170 so if you gonna trade keep you stop-loss according to your risk apatite and trade with less quantity Do...

Manish_Mangla

TATA CHEMICALS has given a breakout in ASCENDING_PENANT_CHART PATTERN but the risk-reward ratio is not favorable at all there is more risk rather than profit RR is 1.12:1 If someone wants to ride its bullish momentum he/she must have high-risk apatite as high reward means high reward targets would be 795 and 838 and Stopp-Loss would be 760 735 702 trade on your on...

Manish_Mangla

V-GUARD is at good support of 250-255 if shows any upside momentum sign may be good opportunity to buy will go for all-time high it has already shown a very long term consolidation breakout for all-time high and may continue further SL would be a day or weekly candle closing below 250 with very bearish momentum Its consolidation is also good after breakout but be...

Manish_Mangla Updated 

There might be a buying opportunity in Route mobile for some handsome but remember still a 1:2 RR trade and if goes toward target then may go for all-time highs also above 1770 it looks good for now let see what happens if you go for 10% then keep SL at 5% pls fo your own analysis before investing Thanku

Manish_Mangla

I'm just going to say that if anyone says Deepak Nitrite is best for long term and buy it then I just request humbly that if you want to invest for long term the just wait for some time you will get better levels to buy soon it may or may not show 1700 levels and if the market shows some profit booking at big level may go up to 1450-1500 not saying that it will...

Manish_Mangla

There is the formation of an inverted head and shoulder pattern formation in PNB at the daily time frame, if gives breakout with good volume may enter after good retest or time consolidation. Also, there is the formation of ascending triangle pattern formed with resistance at neckline of inverted head and shoulder if gives breakout with volume wait for a retest...

Manish_Mangla

There is the formation of descending triangle chart formation in ASHOKLEY if it gives breakout on the upper side and shows a good time consolidation or retest then may go for entry with good target stop loss at swing support horizontal line don't forget to trail your stop loss

Manish_Mangla

Sail is taking support at its trend line formed previously in pennant chart pattern and may go for a target up to 145-147, strict stop-loss at the trend line if the market does not show up a big profit booking also some profit booking came in sail be cautious while having trade and do your own analysis before entering and also it may form ascending triangle formation

Manish_Mangla Updated 

there is a formation of bullish engulfing pattern in Maruti Suzuki on the weekly time frame if auto sector gets some boom it will definitely gonna reverse from its support we need to continuously check the auto sector performance made vulnerable because of CORONA and keep an eye at MARUTI SUZUKI and if it shows some correction then 50MA gonna cross 200MA which...

Manish_Mangla

CIPLA is at its swing support of 876 if it breaks then may show downside momentum up to 817 with a target of 807 within few days but if shows reversal then may go for target 1 as 924 and target 2 as 967 with stop-loss at swing support and trail your stop-loss

Manish_Mangla

BHARTI AIRTEL has shown ASCENDING_TRIANGLE_BREAKOUT on hourly time frame after retest there can be an entry in it target given on the chart stop-loss on the TrendLine

Manish_Mangla

there is a triangle formation in IndusInd Bank on a Monthly time Frame if give breakout the may show a huge up-move but need to wait for few months or even a year as it's gonna be a monthly time frame breakout wait for best levels as it is in continuous downfall since 2017 on monthly time frame

Manish_Mangla

it may show retest on daily time frame as it gave breakout to the channel and ma show restest upto 610 No investment advice just learning and letting others to learn

Manish_Mangla Updated 

there is ascending pennant chart breakout on the hourly time frame in SAIL there can be an entry in it after proper retest on breakout and target 1 may be 136 and t2 140 play with a proper stop loss on the lower trend line of pennant chart pattern

Manish_Mangla

There is the formation of an inverted head and shoulder pattern formation and channel Breakout in the chart of Bharat Forge also 50MA may cross 200MA soon and show GOLDEN_CROSSOVER but need to wait long and analyze the chart from time to time Not any financial advice just learning more and letting others learn if any suggestion pls comment blow thanks

Manish_Mangla

Indusind Bank has shown some reversal at its trend line made since march 2020 there may be some buying opportunity there

Manish_Mangla

There is the formation of a triangle in #SAIL and also it gave a breakout of 50MA if it give breraout of a triangle with volume then wait for a retest if gives good retest may go for upper levels

Manish_Mangla Updated 

SAIL has given monthly weekly channel breakout after some accumulation btwn 104-98 may go for 110-114 as tg1 and 118-120 as tg2 and stop loss as fails to cross channel successfully may need to wait for 2-3 weeks