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...
INDIAMART INTERMESH forming consolidation after a strong move. RSI taking support near 40 levels. We are seeing a breakout from the pattern. CMP = 5010 Stoploss = 4610 Target = 6000 Time horizon = 4-6 months. Material for strictly educational purposes. Assess your risk and enter positions. DO NOT TAKE LEVERAGED POSITION, ONLY CASH. If you earn from our...
Bearish Crab pattern seen in HDFC Bank. This is not a very perfect pattern (looking at BD ratio). We have considered this because of the RSI divergence along with harmonic pattern. This is a Weak Signal + Strong Context signal. We are expecting a 176 Rs. fall in next 15 odd days, and we will be keeping stop loss at 1260. Views only for educational purposes....
Reliance Industries price rebounding from cloud bottom on Ichimoku cloud. Chikou span is free for downfall. I'll suggest entering with December series PE. Note - I have position of only 1 lot 1900 PE December series while posting material. I'll exit if trade doesn't end up profitable by Friday EOD. Material is solely for educational purposes, assess your risk...
1. Relaxo footwear forming a consolidation through a triangular pattern. 2. Stock has been in uptrend since it has been listed with only minor pullbacks 3. Fundamentals of the company look good. With promotion of "make in India" and "Vocal for Local" the local brands look promising. ROCE of the company is around 25x. 4. Key Levels- Entry @ 660 Stop Loss...
Dabur has shown breakout from cup and handle pattern. CMP = 530 SL = 500 Target = 600 Levels are approximate, as I am planning to enter for long term. Also, RSI is constantly supported @ 40 levels. Note - material strictly for educational purposes, do your own risk assessment before entering any financial positions. If our material is helpful towards making...