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...
CIPLA - 1. Surfacing above the cloud. 2. Chikou, the lagging span about to get free 3. RSI support @ 40-45 levels 4. Stock about to move in blue sky zone Buy with stop loss of lower cloud boundary @ 730 Target of 900 in next 5-6 months. Material only for educational purposes, assess your risk and enter financial positions. If you benefit from our material,...
Amara Raja Batteries is moving steadily in a channel since June. Currently it is trading near bottom of the channel. There is a good chance the share will move to the top of the channel. Stop Loss @ 700 Target @ 800-810 CMP @ 736 We have entered @ 735.65 cash position. Note - views only for educational purposes. Do your risk assessment before entering any...
PEL seen forming bearish Gartley around with PRX around 1360 levels. The pattern is still in formation. Wait for a strong reversal candle in PRZ before entering. I'll prefer a high volume candle for confirmation. Do not hurry to enter, wait for confirmation. Views only for educational purposes, and not a trading advise. Assess your risk and enter any financial...
Colgate Palmolive looks good to buy at levels marked in the chart. Our view is for investment for around a year. Views only for educational purposes.
Asian Paints entering PRZ for bearish deep crab. People who are holding cash positions can either exit or hedge. We have hedged our positions with November series PE. I'll avoid trading short here till a conviction is reached as the stock has climbed upwards with a very strong momentum. Very experienced traders might like to try with a naked PE. Trade only post...
Sharing bullish view with all details on the chart based on Ichimoku Graphical Environment. This is only an educational view and not a trading advise. Note - I have a small position entered at 1798.68 average. I have a holding plan for 15-20 days only.
GODREJPROP - The counter has broken a channel in daily chart. Buy - CMP Stop Loss - 932 Target - 1030 Cash Positions Only Views only for educational purposes. Assess your own risk and enter financial positions. Our material is free to use for all. If you earn from our material, please donate 1% of profits to education of poor children.
Reliance Industries - Stock moving in triangular pattern. Less likely chances it will continue to fall as volumes do not support. I'll wait and watch for a reversal signal here, and enter only after confirmation for a target of 2280 levels, SL of 2200 and entry at 2230. If in case it falls below the triangle, there is a strong support of unfilled gap in 2160-2180...
Taking example of the UPL Chart, I present my technique of exits. Material depicts only past experiences from my small world of trading. We present this only for educational purposes without any monetary consideration. Do your risk management and enter / exit positions. If you earn from our material, please consider donating 1% to education of poor children.
Views only for educational purposes. Do not copy trades, copy ideas. Do your risk assessment before entering any financial positions.