STtraderr

STtraderr Updated 

ACC has just formed triple bottom in a triangle which sounds to be good support so if it breaks immediate trend line then can rise upto triangle resistance So can be bought above 1425 for target of 1510 with SL close below 1410 In case it gives breakdown below support then can be shorted at stay below 1400 for target 1345 with SL close above 1422

STtraderr Updated 

As you all know that I am a triangle lover so here, apollohosp is confined in a triangle and will give a nice move, once it gets out of it so keep it on radar Triangles have very special quality of giving good returns with minimal SL

STtraderr Updated 

Titan is facing very tough resistance at the zone of 1190-1210 So if stays above 1205 for 2-3 hrs or give a close above 1210 then buy it for target of 1320-1335 but SL will be huge at 1150-1135

STtraderr Updated 

MGL is in clear uptrend but facing support at 1000 and resistance at 1070 so I will wait for stock to come near these levels Keep tight SL of 15-20 points, which if broken then will lead to breakdown or breakup

STtraderr Updated 

Waiting for a breakout/Breakdown in Britannia if stays above 3080 then target 3120 if stays below 3070 then target 3010

STtraderr Updated 

Techm is trapped in triangle and now I am waiting for it to come out Generally whenever a stock comes out of triangle then the movement is good with small SL

STtraderr Updated 

Stock has broken downward channel and I am expecting an upmove now till 275 So we can buy now for target 245, 260, 275 with SL 222

STtraderr Updated 

Rites has quite strong support in range of 260 So can be bought at 260-265 for target of 295 with closing SL of below 257 but as we cant tame the market so a close below 258 will open the gate for 238-240

STtraderr Updated 

Yesterday, Ujjivan took resistance at edge of the triangle Today if Nifty is not so high then Ujjivan can be shorted for target 270 with SL at yesterday high But be vigilant for triangle breakout and if it trades above triangle edge for sometime then target will be 335-340 with SL 293

STtraderr Updated 

Havells is showing an upward channel and 2 times it broke it upward trying to breakout SL will be in 615-620 Target will be 715, 750

STtraderr Updated 

Buy some Maruti now at 7000 then some at 6900 and some at 6800 and some at 6700 SL at 6500 Target 7600

STtraderr Updated 

A similar horizontal channel is spotted in Asianpaint If it won't break the downward line then i will think to buy else wait for breakdown In such setups, SL is usually very small

STtraderr Updated 

LT is moving in a perfect downtrend channel if it continues its trend then can reach upto 1350 level but if gives breakout than can hit 1410-15 so I am keeping it in radar and will watch it closely on 15 mins graph

STtraderr Updated 

UPL is showing good resistance at level of 552 then it can show a movement upto 570 but better to keep a buffer of 3-4 rs so confirm trend is above golden rate of 555 SL anywhere around 540 for positional or lower at 548

STtraderr Updated 

If stock overcomes the barrier of 1100 and at the same time rsi will be above 70 then will move to 1150 Today being a crucial day to watch if it takes resistance at downward trend line or breaks it on upper side I will be following it closely

STtraderr Updated 

Stock is showing/forming an ascending triangle with rise in RSI and rsi being above 60 Can be bought at 750.10 with targets 757 intraday and 780 positional SL in this case is big at 730 so be precautoius

STtraderr Updated 

Stock is trading in downward channel which it broke recently So I suspect it to be bullish above 98.50 Thats recent high Target will be 104, 110 and SL must be 94

STtraderr Updated 

Stock is showing big support at 29-30 and resistance at 42 and final resistance at 47 so we can buy some qty at breakout of 42 and some at breakout at 47 and can average till 30 29 closing being SL Better to divide capital in 5 parts and invest at every level Final target is 64