Saket_Ojha

Saket_Ojha

On 4hr chart Eicher has given a breakout with a Tgt level of next Fibo Resistance of 2885. Trade with Trailing SL

Saket_Ojha

Enter at an immediate level or wait for a retracement at the Resistance level.

Saket_Ojha Updated 

In the daily chart, a bullish flag pattern has been formed which can attribute to a long position with a target of somewhere around 1246-1250. Stop Loss can be around 1200.

Saket_Ojha

At All-Time High, Alkem provides a perfect breakout opportunity where it had retested several times. With good vol and double bottom pattern at support, this stock perfectly blends all the price action. Book your profit according to your Risk Reward.

Saket_Ojha

In the Daily chart, Amber shows a quick reversal that can boost it towards its Resistance at 3000. With Proper SL one can long till resistance or if it breaks the Trend Line one can hold the share with Trailing SL. On the RSI front, this is in the Oversold zone which confirms the reversal.

Saket_Ojha Updated 

In the daily chart, a mini breakout has happened within an arc which can touch the upcoming Resistance of 4200. Strict SL with a Proper Risk Reward Ratio will be ideal for this trade.

Saket_Ojha

After a brief trending period, Titan is in Accumulation Zone which once broke it will reach its All-Time High. One can initiate the trade with Trailing Stop loss.

Saket_Ojha

In 4 hour timeframe, bitcoin was in a channel with multiple tests on Support and Resistance. Now it's heading towards 42000. One can initiate a long buy at 38000 levels with a proper risk-reward ratio.

Saket_Ojha Updated 

A 30min chart shows that price has halted at its support level which if broke we can see the target of 712-710 with a strict SL of 750 levels. But if it retraces to 750 level then we can get a discounted price to short the stock with a strict SL of 765-770 area. It all depends on the Broader market view so do look for Nifty and Nifty Metal indices before shorting.

Saket_Ojha Updated 

Unless it's gap up or gaps down, Titan would be a perfect share to long on an intraday basis if it breaks the trendline with decent volume. The Risk-Reward ratio is also perfect 1:2 where 10 points will be SL and Target will be 20 points.

Saket_Ojha

In the daily chart, Tata Consumer couldn't able to break the support which confirms its trend on the longer side. One can hold for a target at 680 and a small stop loss of 625 at its support which makes a 1:2 Risk-Reward trade.

Saket_Ojha

With the surge in volume, this stock is clearly a hot pick for positional trade. The only concern is that it has back to back green candle with a higher high and higher lows which mean that there is a chance of retracement in the stock. So either you can pick the stock while it retraces or can be taken in few quantities and do averaging while it retraces. As it is...

Saket_Ojha

In the Daily chart, Bandhan Bank is showing a clear breakdown of support with significant volume which shows that there is weakness in the stock. If it continues to fall with good vol, then one can short according to own risk appetite. It can be either swing or intra short.

Saket_Ojha Updated 

The daily chart gives us an insight that an ascending triangle is been broken from the top which has also created Higher Highs in the recent past which clearly indicates achieving some short term Targets of 165-170. The Breakout has been done by a fairly more than avg volume.

Saket_Ojha

On one side, the Double top indicates the chart to be Bearish. But on the other side, a rounding arc with good support and increase in volume leads this chart on the Bullish side. So I am on the neutral side. If it breaks resistance with good volume then go for a short term to long term investment. But if it falls below the resistance, then wait for some dips to...

Saket_Ojha

There is a series of accumulation at the Resistance level so if there will be volume support, it might touch its targets within a single day. Multiple retests have been done at the Resistance level. If it doesn't touch a target within a single shot, then it can do some retracement after which it will touch its target. SL can be put in a 1:2 ratio.

Saket_Ojha

ICICI Bank is replicating what BankNifty is doing. So as Banknifty is showing weakness in all time frame, ICICI bank will also perform in the same way. Short term trade can be initiated for 550 levels if the Neckline of the Bearish Head and Shoulder breaks.

Saket_Ojha

Tata Chemical is paused at 780 levels. If it breaks the resistance of 800 then a long term target can be placed at 1000 levels with a stop loss of 710 which also deemed to be strong support. We can even wait for the stock to perform a retest at support levels to buy it at a discounted price.