PAYTM on weekly chart has now stopped falling further and now consolidating on the lower levels. Current price level is good to enter and we can add further at around 450 level. Stop loss can be put around 400 or trail using 20/50 EMA. This is a LONG term and a bit risky bet but if you have faith in paytm's fundamentals these are really good levels ;)
Tech Mahindra is making a really interesting and clear price action. 1. 2022 to mid 2022 - Lower high lower lows 2. mid 2022 to mid 2023 - yearlong box consolidation 3. Fakeout in July 2023 4. Real breakout in August 2023 5. Retest in November 2023 6. presently in higher high and higher low. If you are interested in investing(long term) in IT sector, this stock...
HFCL on weekly TF has made a extremely bullish candle breaking a multiyear box consolidation. Entries can be made on current price but the SL will be big, so make multiple entries if price retraces and consolidates and try averaging. FINAL Stop Loss @80/- TARGET 150-160 Ride the breakout with the help of 20 and 50 EMA on daily TF. Operator might double bluff...
NOCIL on weekly TF has broken the falling trendline and is now consolidating, we can expect a bull run from here on. View is long term. Entries can be made at current price or in the range of 245-255. STOP LOSS @239.5 Trail using EMAs.
RAIN INDUSTRIES on weekly TF looks promising for a potential BIG breakout. Weekly candle is very bullish, KEEP A LONG TERM VIEW. ENTRY AT CURRENT PRICE OR IN THE RANGE OF 150-160 STOP LOSS @140 TARGETS : 190, 200, 250 TRAIL USING A COMBINATION OF 20 AND 50 EMA ON DAILY TF.
FINNIFTY looks sideways, breakouts are not expected today, fake breakouts may happen, try to scalp on the extreme. View is sideways to bearish.
DTIL on weekly TF has broken the falling trendline, hovering at the top of a year long consolidation. It can be a potential multibagger. Make positions at current market price. Stop loss at 210 Targets are 320, 420, 500, 560…… TRAIL USING 20/50 SMA. Saal bhar ke “Chai” paani ka intezaam kar sakta hai ye stock ;)
Bata india has now regained its 1600 level, hovering at around the falling trendline. It might breakout after a consolidation, also festival and wedding season is coming. BUY ON DIPS IN BATA INDIA. 1550-1650 is very strong support for bata india. Make positions around this range or buy at current market price. Stop loss at 1530 Targets at 1850, 2000, 2150,...
Grasim on weekly TF looks mouth watering, it is showing a textbook style triangle breakout. Make positions at current levels, if it traps then make positions around the range of 1850-1900 Stop loss at 1750-1760. Fibonacci targets are at 2050, 2250, 2500, 2850, 3500, 4100…. OR TRAIL USING 20/50 SMA.
IRCTC may enter HH HL structure after its breakout, it may consolidate a bit but considering upcoming festival season we can see a rally in IRCTC. Enter at current price range 680-700 SL at 645 Target 850, 900. TRAIL USING 20/50 SMA.
Latent view has achieved our target of 420 now it is testing that level, either we can add more quantities here or fresh entries can be made. Entry in the range of 420-430 SL at 400 Target - 500, 520 or trail using 20/50 SMA.
Looks like TCS is breaking out and may now enter HH HL structure. We can also see a nice triangle before the breakout, hence this breakout may sustain. Enter at current MP or add at 3400/3500 SL at around 3300 or trail using 50 SMA TARGETS - 3800, 4000, 4300, 4700
Latentview on weekly chart is finally breaking the descending triangle trendline. Enter in lower timeframes in the price range of 350-360 OR at current price. STOP LOSS @ 345 Target at 400-420 after that trail using EMAs. If price holds above 430 we can plan for 500-520 levels.
TCS on weekly chart looks good to plan a trade. Currently it is making a descending triangle pattern, testing the trendline for fourth time. We can anticipate a slow and steady breakout. We can make an entry now STOP LOSS@ 3100 (5-6%), TARGET 1 is 3600, if the price holds 3600 level we can expect TARGET 2 at around 4000 zone, from thereon new ATH can form, this...
Sah polymers made a bullish weekly candle and forming higher high- higher low pattern on daily TF. Make positions in the range of 75-80( any bullish candle or hammer candle on daily chart) Tight SL at 72. If we apply fibonacci levels, Targets are 100, 110, 120, 135 OR trail using 20EMA.
Havells weekly chart looks like breaking out from descending triangle at ATH. Enter with your setup in lower time frames. STOP LOSS @ 1245 FIBONACCI TARGETS : 1630, 1800, 2050, 2280 OR TRAIL USING 20/50EMA.
GRASIM weekly chart is hovering around ATH, making inverse head and shoulder and descending triangle, we can anticipate a breakout here. ENTER AS PER YOUR SETUP IN LOWER TIME FRAME STOP LOSS @ 1650 FIBONACCI TARGETS AT 2100 AND 2300 OR TRAIL USING 20/50 EMA.
Big bearish candle on weekly timeframe, It is around a psychological level of 500. It MIGHT trap bears in the coming One or two weeks, In that case if it makes a hammer on weekly time frame, enter immediately with stop loss at low of that candle. If it breaks 500 and keep on falling AVOID IT. If you believe this is a fundamentally strong company, this MIGHT be...