NandanChaturvediTrade

NandanChaturvediTrade

Kindly note that this is not a recommendation and only an analysis. PSU Banking is in good uptrend and IOB is looking like ready to participate in the run. Wait for breakout and then trade wisely.

NandanChaturvediTrade

For all the pullback traders out there, there is a gem stock here available at a great location. Current levels seem interesting for a RR of 1:3.5 Kindly note, this is not a recommendation and only an analysis. Consult your financial advisor before investing.

NandanChaturvediTrade

Kindly note, this is only for educational purpose. If you decide to take a trade based on this analysis, kindly be responsible yourself or take advice from professionals. BANKNIFTY is trading in a narrow range and forming a triangle pattern which usually breaks out on the higher side. If that happens, it will easily kick 500 points. Keep an eye

NandanChaturvediTrade

Auto sector is super bullish in the last few days. Now, we have a slightly late entrant in the sector with a cup and handle breakout. Today's candle is a big breakout candle and signals a good entry. With the stop loss below the today's candle i.e. 109 points below for a target of 1:2 of 215 points. Kindly note that this is not a recommendation and only for...

NandanChaturvediTrade

Look at the current prices, if there is a rejection at the current levels, 17800 can be crucial for Nifty. Kindly note that this is not a recommendation and only for educational purposes. One can buy PUT for this target by tomorrow.

NandanChaturvediTrade

Looking at the size of the breakout candle and the volume in it, this is a no brainer. Current levels could a be a good entry point, also if a retest happens, thats also and scaling opportinity. With the stop loss below the entry today's candle, look for 1:2 reward. Kindly note that this is not a recommendation.

NandanChaturvediTrade

Asian paints, a wealth creator for great number of people. Here it is, offering an opportunity to enter after a healthy correction in the last week. A morning star candlestick pattern is formed at the support levels as shown in yellow. This makes it a good buy trade with a stop loss below the support zone at 3140. The targets would be 2R at around 3485 levels....

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Indusind bank is behaving no different than the other performers in banking. There is a morning star formation at the retest levels of the breakout that happened a few days ago. I categorize this candlestick as a buy setup and this can give 10% in the coming days. SL should be at 1087 with a target of 1240-1250. This is a good RR setup of 3.5 Kindly note that...

NandanChaturvediTrade

Kindly note that this is not a recommendation. Please consult your financial advisor before investing.

NandanChaturvediTrade

From the current levels, it has the potential to go 1800 and beyond. The rounding bottom is clearly formed with a higher high formation. Enter at the current levels with stop below the breakout line. Kindly note that this is not a recommendation and do your own analysis before investing.

NandanChaturvediTrade

At the current prices, it looks very reasonable with favorable risk reward. This might show some consolidation at the current levels but still is a good long candidate. Kindly note that this is only for educational purpose and do your own study before investing.

NandanChaturvediTrade

Weekly chart is viewed for positional view. And my positional view on ABCAPITAL is quite positive. This has the potential to double from here. Retest is completed and best entry would be after the trendline breakout which should happen in 2-3 days. Please note that this is only my view for educational purpose. If you want to trade, please do it at your own risk

NandanChaturvediTrade Updated 

A spike in volume is clearly visible with the today's gain of nearly 5 percent. This makes FSL a great long opportunity with the entry at the current levels with the stop loss below the nearest swing low. Kindly note that this is not a recommendation and for only educational purpose.

NandanChaturvediTrade

A clear breakout on weekly and daily charts in Brigade. Realty Sector has been the outperformer today and ready to show us higher highs. This is a good setup to buy at the current levels and ride the trend with a stoploss below the todays candle.

NandanChaturvediTrade Updated 

Wait for the retest for good entry. This is only an analysis for educational purpose.

NandanChaturvediTrade Updated 

All the Godrej stocks are bullish, why will this be left out. Look at the great breakout setup at the current levels. The stock is ready to launch and I have identified it at the best place. If it closes above 710, it is a convincing breakout and worth going long for easylity 100 points. Kindly note, this is only a analysis and not a recommendation. Consult your...

NandanChaturvediTrade Updated 

From April'20, this stock has continuously shown us higher highs and now it stands at the breakout levels of 2016. It has great strengh and momentum to go over 100 points from here. This is at the good level after the breakout and retest is completed. Buy at current level with stop loss below 210. If you can take a good risk and hold for few months, go with SL of...

NandanChaturvediTrade Updated 

Weekly breakout on the stock LT. A common chart pattern inverse head and shoulder. This can be a long opportunity with a stop loss of around 2-3 percent and a target of more than 200 points (13%) Kindly note that this is not a recommendation and only an analysis. You should consult your financial advisor before taking the trade.