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...
Breakout and retest in Kajaria ceramics on weekly charts. STOP LOSS AT 1050, NO TARGETS JUST TRAIL USING 20 EMA ON DAILY CHARTS, EXIT 75% ONCE IT CLOSES BELOW 20EMA EXIT THE REST ONCE IT FORMS DOUBLE TOP.
Big bullish weekly candle by PARAG FOODS Double bottom on long term charts Make positions in the range of 95-100 (enter on a hammer or engulfing in 1H TF) Tight SL at 85-89 Target 1 at 125 (book 50%) (If it consolidates in this range add more) Target 2 in the range of 150-160.
Ami Organics on Daily chart MIGHT breakout, It is forming a decent little bull flag, and taking support on the middle band of bollinger bands. Stop loss at 1000, Target 1 at 1150-60. If it sustains above Target 1, Hold till the ATH. OR use 20 EMA for trailing.
Powergrid weekly chart MIGHT breakout at all time high, Stop loss at 230, Fibonacci targets are 265, 285, 315 OR trail using bollinger bands. Add more if price breaks out and retests 240 level. Safe players can make positions once it retests.
Early signs of trend change on weekly chart in LATENT VIEW LTD, Make positions when you see strength in lower time frames (1H, 4H). Add positions in the range of 350-360. Stop loss at 345, Target1 in the range of 400-425, Add more if weekly price holds at TG1 for TG2. OR JUST USE 20 EMA FOR TRAILING.