Prabodhan_K

Prabodhan_K

NSE:CROMPTON Stock had given BO from Rounding Bottom Pattern on Weekly Chart. and Retested support levels recently after BO. Which indicates possible continuation of Uptrend. One can go Long with SL below BO level around 430. Posistional Target : 520, 550 **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:TATACONSUM Stock has given BO from small Inverse H&S pattern. can initiate Long position if it retrace to BO level with SL below BO candle. that will be good Risk Reward Ratio. target : 820-840 **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:HEROMOTOCO Weak on Chart. on Support. if breaks support then can take SHORT position below 2740 with SL above 2800 target 2650-2600 If breaks above trend line then chances of reversal. then can take LONG position above 2860 with SL below 2800 ** EDUCATIONAL PURPOSE

Prabodhan_K

NSE:CANBK Keep in Watchlist. Trading in Triangle Pattern. Breakout of Pattern can lead stock to 175 short term and 220 Positional Target. Breakdown of Pattern can lead it towards 125 again. Wait for Confirm Breakout or Breakdown and go Long or Short accordingly. SL will be below Breakout level or above Breakdown levels **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:JSWSTEEL Formed ROUNDING BOTTOM on Chart.. facing Resistance around 770-780. Keep in your Watchlist and look for Breakout. There will be 2 possibilities of Breakout which are shown in Chart. after succesful Breakout one can initiate Long Position with SL below Support for 840-850 Positional.. **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:NBVENTURES KEEP IN WATCHLIST. ASCENDING TRIANGLE ON CHARTS. CAN INITIATE TRADE AFTER BREAKOUT WITH STOP LOSS BELOW BREAKOUT CANDLE CURRENT TRIANGLE PATTERN SUGGESTS TARGET OF 150 AFTER BREAKOUT. ** EDUCATIONAL PURPOSE

Prabodhan_K

NSE:GODREJCP VERY SIMPLE CHART IN GODREJCP AND LOOKING GOOD TO CONTINUE UPTREND. HOLDING ITS CURRENT SUPPORT, IF SUSTAINS IT AND MAKES GREEN CANDLE ON SUPPORT CAN TAKE LONG POSITION WITH STOP LOSS JUST BELOW SUPPORT. GOOD RISK REWARD RATIO SL BELOW 970 TRGT: 1010, 1050 **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:LT CUP & HANLDE breakout in stock with volume Stock is showing sign to make uoward move. now breakout level should act as a Support STOP LOSS can be placed below BO candle. considering recent (2nd) Rounding bottom Depth (100-120 points) 1st POSITIONAL TARGET would be around 1680-1700. and for med-long term target once can consider depth of CUP (1st rounding...

Prabodhan_K Updated 

NSE:NAM_INDIA ROUNDING BOTTOM PATTERN stock looks set to breakout from Rounding Bottom formation reversed from 50EMA support after correction. Long can be initiate with SL at breakout candle's low ** Educational Purpose

Prabodhan_K Updated 

NSE:DALBHARAT looks good on chart to resume its Uptrend once again. Pole & Flag Pattern Breakout Dobule Bottom Breakout cleary visible on chart Good momentum breakout above 1900 Stop Loss can be placed below brekout candle Good Risk Reward ratio **Educationl Purpose only

Prabodhan_K Updated 

NSE:EICHERMOT Keep eye on Eichermotor, Stock looking to Breakout from Pole & Flag Pattern with Trigular Pattern Breakout RSI moving in strong direction Support of 20 EMA as well 50 EMA watch out for successful Breakout can initiate trade after breakout with Stop Loss below 20 EMA After breakout Target can be set similar to Pole Hight (Positional) **Educational Purpose

Prabodhan_K

NSE:JUSTDIAL CUP & HANDLE PATTERN ON CHART. after 1st Rounding Bottom Stock made Breakout but it appeared as a False Breakout. after correction stock has made fresh breakout once again forming Cup & Handle Pattern. one can trade on Correction or Retesting Support level with STOP LOSS at below breakout Candle. ** EDUCATIONAL PURPOSE

Prabodhan_K

NSE:DALBHARAT in POLE & FLAG PATTERN BREAKOUT one can set Positional Target similar to its POLE HEIGHT NSE:DALBHARAT setup is moving in relation with Technical Theory after Breakout looking at POLE HEIGHT, target would be around 2280-2300 level but always maintain TRAILLING STOP LOSS ** EDUCATIONAL PURPOSE

Prabodhan_K Updated 

NSE:FLUOROCHEM stock is above previous swing High That perticular level should act as a current support. Strong RSI, Good volume Stop Loss should be below support level Short term target will be 1250, 1300 **Educatoinal Purpose

Prabodhan_K

NSE:TATASTEEL LOOKS STRONG ON CHART ROUNDING BOTTOM FORMATION ENTER ON SUCCESSFUL BREAKOUT OR CAN WAIT FOR RETEST SUPPORT RSI IS STRONG AND MOVING UPWARD STOCK IS LOOKING GOOD TO RESUME ITS UPTREND ONCE AGAIN ** EDUCATIONAL PURPOSE

Prabodhan_K

NSE:INDHOTEL LOOKS GOOD ON CHART TRADING ABOVE PREVIOUS SWING HIGH, WHICH IS ALSO NOW ACTING SUPPORT SL CAN BE PLACED BELOW BREAKOUT CANDLE **EDUCATIONAL PURPOSE

Prabodhan_K

NSE:ZENSARTECH Keep eye on this stock Testing its Resistance once again on Weekly Chart Breakout will boost good momentum failure may bring back to 290-300 level **Educational Purpose

Prabodhan_K

CUP & HANDLE pattern Breakout in CROMPTON GREAVES Stop Loss can be placed below Breakout. Awesome Oscilator showing good Momentum. Strong RSI considering Cup Depth, good Positional Pick for Target around 520-530 buying range : 440-450 Stop Loss : 430 Target : 480, 500, 530 (Positional)