ICICIPRULI forming a bullish bat pattern. The stock has already given a confirmation for entry. Note there is also a bullish divergence in hourly charts. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a...
Gujarat Alkalies has shown a strong weekly breakout from accumulation phase. We would wait for a pull back to the channel to take an entry - around 380 levels. Details mentioned in the chart. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or...
Amara Raja Batteries - The share is in a huge accumulation phase - Note the volume as time progresses in the rectangle - A gradual SIP in the stock - buying 'N' shares every month can prove to be a good investment theme as EVs have started evolving - EV Battery business is estimated to reach $300 Billion by 2030 - Even if current market share is maintained,...
A flat base pattern is long flattish movement of share price. Usually, I would invalidate > 30% move from FB pattern if I am using monthly candles. For weekly my barometer is 15%. In most cases, FB pattern gives a very strong breakout. In some cases annualized returns > 100 % can be expected. Rather than keeping fixed targets for such breakouts, a 20% trailing...
Indiamart forming bullish Gartley in hourly timeframe. Also, stock seen to have a bullish RSI divergence. Looks like a good buy. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should...
Reliance Industries has had consolidation since around last 4 months, now exiting trading range. Buy for swing trade targets of 2280 CMP = 2134 Stop Loss = 2060 R:R = 2:1 Disclaimer: We have active position in the security. Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including...
Presenting a small guide on how to trade breakouts from trading ranges. This trade has already happened, but similar ones can give wonderful profits! Comment, like and share...
Gujarat Alkalies - The Share is showing an extended parallel channel Good levels of consolidation seen in larger time frames We intend to buy at CMP = 313-314 for a medium term holding horizon Stop Loss = 300 Targets = 350/370/390 Excellent Reward Risk Ratio Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in...
JCHAC has shown a breakout from flag pattern. Target = 2900 Stop Loss = 2400 Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a...
Sundram Fastners - Stock overcoming resistance and moving to blue sky territory. This recommendation is only for a long term investment for a couple of years. No derivative trades, strictly cash only. Stop Loss would be Rs. 535, and to be trailed at 20% from highs made. Approximate holding horizon is 2-3 years. Also, SIP in the scrip can be done. Note - this...
Deep Shark pattern observed in Nifty Futures - 15 min Time frame. Note - this is an educational material on harmonic patterns, not a trading advise.
RELIANCE is trading into a trading channel has started rising from the base of the channel. Enter till the top of the channel for a high probability trade. Levels of entry, SL and target marked on the chart. Note - This is an educational idea showing how channels work. Do your own risk assessment and enter any financial positions.
JCHAC going for a Kijun bounce after entering a C Clamp. We have taken position in the stock at CMP = 2516 Stop Loss = 2375 Target = 2900-3100-3300 Note: This is an educational idea showing how Kijun Sen can act as a moderate support. Enter any financial position after assessing your own risk / consulting an authorized financial advisor.
Amara Raja Batteries has seen a consolidation that looks like a distribution. Target = 993 CMP = 982 SL = 940 Enter through futures route. Note - Material only for educational purposes. Please assess your own risk before entering financial positions. Derivatives are risky contracts.
GODREJCP - Analyzing the chart... 1. Future Cloud is Bullish 2. Slope of Senkau Spans, Kijun Sen and Tenkan Sen all are upwards 3. Stock has shown a fresh breakout from 3-4 months long trading range Actions Suggested: A. Buy with stop loss of Rs. 750. B. Exit if today's close is back in range. C. Target of Rs. 850, over and above this levels a trailing stop loss...
TATAELXSI has risen from Kumo (Cloud) and the Chikou (Lagging Span) is free on upside. Buy with SL of 1660, target 1900. Material only for educational purposes. Do your own risk assessment before investing.
TCS rebounding from long term trendline Taking support at 40 RSI Showing signs of breakout from present consolidation, yet to breakout Buy at CMP = 2675 Stoploss = 2545 Target = 2935 Views only for educational purposes. Assess your risk before entering any financial positions. Strictly cash positions, no leverage. If you like our views, and earn from the...
Observations - 1. Abbott India Limited has good fundamentals, and almost no dip in March COVID-19 low zone. 2. The share looks like in accumulation since last 7-8 months. 3. On break of the trading range with good volume, we can expect a 30-40% move. I have started accumulating the share before breakout of the range expecting a breakout in next 15-20...