Prabodhan_K

Prabodhan_K Updated 

NSE:BRITANNIA has given Rounding Bottom Break out on Daily chart Support zone at 5850-5870 levels SL can be placed below support levels for Positional Trade Pattern Target 6300 NSE:BRITANNIA just for educational purpose. no buy or sell recommendation

Prabodhan_K

NSE:FEDERALBNK looking good for reversal after correction. Closed just at Resistance zone. If sustains above resistance which is 190-192 can show Positive move till 195-198 in very short term. above 198-200 zone stock will head towards new life time high and 1st levels will be 215-220. very Short term support is at 187-188 and mid term support is 182. No buy...

Prabodhan_K

NSE:MOTHERSON stock is consolidating at All Time High levels after strong run. Yesterday spike in volume indicates strong accumulation in consolidation phase and stock is getting ready for breakout. After Resistance Breakout above 210 stock will make fresh higher highs again. Support levels in short term at 192-195 and for mid to long term at 185 on the upside...

Prabodhan_K

NSE:ASKAUTOLTD looks good on day chart with strong uptrend. Support zone around 440-435 above breaking out 475 resistance stock can move till 500 first and then another strong uptrend towards 520 and 575 Should keep in radar. Good portfolio stock as well just for education purpose. No buy sell recommendation

Prabodhan_K

NSE:GRAVITA : Good fundamental stock looking strong on chart formed Pennant pattern on day chart. On breaking out pattern can expect more 450-500 points move in stock as pattern target around 2800. Support levels 2180-2170 zone good risk reward ratio for educational purpose only. no buy or sell recommendation

Prabodhan_K

NSE:KEC : stock already given Breakout from consolidation zone and now retest also done at support. Support zone 935-940. can place SL below previous swing low which was at 925-930 on the upside 1st level will be previous high around 1040 and then stock will get ready for 1200 positionally. strong uptrend. good fundamentals just for educational purpose. no buy...

Prabodhan_K

NSE:FEDERALBNK Price has given Break Down of short term Trend Line on DAY chart. Nxt support for stock is at around 120-121. One can initiate short position for short term with SL above 132. FEB month expiry is just 4 days away, keep it in mind while taking trade.

Prabodhan_K

BASF INDIA gave BO above 200 EMA on daily chart. Can initiate positional trade with Stop Loss below 200 EMA. 1st positional target 3000, 2nd target 3150. *Educational purposes

Prabodhan_K

ICICI PRU giving BO above 200 EMA on Day chart after double rounding bottom. Can initiate Long positions with SL below 200 EMA. Short term target will be 580 Positionally can hold for 610 & 650. **Educational Purposes

Prabodhan_K

NSE:HINDUNILVR HUL BO & Retest pattern above 200 day EMA (blue). currently trading above all major moving avgs.. If closes above 200 ema today then can initiate buy positions for longer term. Very less risk takers can keep SL below last candle which is around 2250.. Positional Traders keep SL below 50 ema (orange) now. and later can trail with 200 ema breakdown...

Prabodhan_K

NSE:TECHM stock is forming Inverted H&S pattern on 1 HR chart. can initiate long position after confirm BO (above 1520) with SL at 1475 (previous swing on 1hr chart) Target 1570, 1620 **EDUCATIONAL PURPOSE ONLY

Prabodhan_K

NSE:DIVISLAB Double Bottom BO possible on chart. Buy after BO confirmation with SL below previous swing low (AROUND 4375). 1st Target 4650, 2nd target 4800, 3rd positional target 5000. ** EDUCATIONAL PURPOSE

Prabodhan_K

NSE:DEEPAKNTR Clear Inverted H&S pattern formed on daily chart. can initiate long position with SL below BO level. Positional target 2700-2725 **EDUCATOINAL PURPOSE

Prabodhan_K

NSE:FEDERALBNK is facing multiple Resistance on Weekly Chart. Currently trading near its long Down Trend Resistance level. Also stock is taking support on 50 EMA (Week). Stock is poised at crucial point now. If Federak Bank gives BO from its Trend line Resistance & sustains, then we can see a Fresh long term upmove in stock. FIrst target of upmove will be ...

Prabodhan_K

NSE:TVSMOTOR CMP: 564/- set to breakout in Double Bottom formation with Ascending Triangle Pattern.. also it is giving 200EMA BO at the same time.. Which indicates Stock is ready for long term reversal.. One can Initiate LONG with SL near BO candle Low (545/-) or below 200 EMA at 550/- (shorter).. Target of Triangle Pattern BO would be DEPTH of pattern.. first...

Prabodhan_K

After 1 month correction NSE:ACC has formed long legged Doji candle on 100 EMA.. A long-legged doji signals indecision about the future direction of the underlying security's price. Long-legged dojis may also mark the start of a consolidation period.. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend...

Prabodhan_K

ROUNDING BOTTOM BO seen in NSE:ALKEM can initiate long trade with SL at BO candle. Target would be depth of Rounding bottom.. Good risk reward ratio. SL : 3880.. short term target 4100 **EDUCATIONAL PURSPOSE

Prabodhan_K

ASHOK LEYLAND looks Good on Weekly chart. Trading above 20 & 50 EMA on Weekly Chart. Can be good pick for Long term Position for period 6-8 Months. Add more in Dip.. Target 160 ASHOK LEYLAND: one of the leading player in India CV industry with a 32% market share in the MHCV segment. Demand for the MHCV segment has started to recover over the past few months. The...