Gujgas is facing resistance in the price range of 470 - 480. Next week is crucial for Gujgas and any test of 470 will be trigger to buy this stock for the Target of 540 in the coming weeks. The Trade plan can be buying 25% position right now and then scaling up as the stock moves in your direction. The stoploss for this swing trade can be placed at 440.
Bharti Airtel has been consolidating for the past 1 year in the price range of 780 - 630. This is the time to accumulate this stock and pyramid your position only when the stock given a weekly breakout above 780. A weekly closing below 630 - 590 range will be our signal to exit the stock.
AIRTEL has given a good gap up opening Today above its resistance zone of 735 - 740. The last time it tried to give breakout on 12 Nov the very next day stock closed below the resistance. All the Traders chasing this breakout have been eliminated and this gives more confirmation on this breakout. Good for swing positions. BUY RIGHT SIT TIGHT.
Accumulation at current levels will push the stock to higher levels. Making a position at this level will provide a good RR BUY RIGHT AND SIT TIGHT
HINDCOPPER HAS CLOSED ABOVE ITS RESISTANCE OF 165 A STRONG CLOSING ON FRIDAY GIVES MORE CONVICTION TO GO LONG IN THIS SCRIP AN ENTRY AT THIS WILL GIVE US THE PERFECT RISK REWARD BUY RIGHT AND SIT TIGHT SL WOULD BE THE RECENT SWING LOW
MTAR IS SEEING BUYING VOLUME AND THE SELLING PRESSURE HAS BEEN ABSORBED. THE STOCK WILL SEE SIGNIFICANT UPMOVE IF IT BREAKS THE SWING HIGH. A GOOD ENTRY AT CMP WILL GIVE US A GOOD RR. SL WILL BE 890 CLOSING BASIS.
THE STOCK HAS GIVEN WEEKLY BREAKOUT AND HAS BEEN CONSOLIDATING SINCE THE LAST 6 MONTHS. THIS IS THE TIME TO ENTER THIS STOCK AND MAKE HUGE RETURNS THIS WILL NOT STOP BEFORE A 20% RUN. STOPLOSS CAN BE BREAKOUT CANDLE LOW. TARGET IS OPEN TILL WEAKNESS IS SEEN IN PRICE AND VOLUME. LEARN TO RIDE YOUR PROFITS AND SIT TIGHT.
ZENTEC HAS GIVEN A BREAKOUT ON WEEKLT TF AFTER A GOOD CONSOLIDATION. A GOOD ENTRY AT THIS LEVEL WILL LEAD TO GOOD RR IF THE STOCK MOVES IN OUR DIRECTION TO TAKE THIS TRADE ONE CAN ALSO DO PYRAMIDING AND SEE THE RESULTS OF BIF WINNERS AND SMALL LOSERS. NIFTY IS AT AN ALL TIME HIGH, A CORRECTION CAN LEAD TO CORRECTION IN THIS STOCK AS WELL. TRADE WITH CAUTION AND...
BANKNIFTY HAS BROKEN AN IMPORTANT SUPPORT ON THE HOURLY TIMEFRAME. IF TOMORROW 31800 LEVEL IS NOT RETAINED IN THE FIRST HOUR THEN WE MIGHT SEE A SIGNIFICANT SELLING TILL 31300. TOMORROW IS GOING TO BE AN ACTION PACKED DAY, SO TRADE WISELY AND DO NOT SHORT BLINDLY. IF BN RETAINS 31800 LEVEL IN THE FIRST HOUR THEN LONGS WOULD BE VERY AGGRESSIVE COZ THE MARKET HAS...
BANKNIFTY HAS BOUNCED WELL TODAY IN THE SECOND HALF AND A STRONG REACTION FROM SUPPORT. LOOK TO GO LONG WITH ITM CALLS IF NOT FUTURES WITH HEDGED POSITIONS. THIS IS A GOOD LEVEL TO GET IN AND RIDE PROFITS IN BANKNIFTY.
A GOOD BREAKOUT ABOVE THE RESISTANCE IS A GOOD WAY TO PLAY THE BREAKOUT STRATEGY. VOLUME IS ALSO SUPPORTIUNG THE UPMOVE. BUY RIGHT AND SIT TIGHT.
MEGHMANI ORGANICS HAS STARTED ITS JOURNEY WHICH WILL BE LONG AND RIDE IN IT IF YOU HAVE THE TECHNICAL AND EMOTIONAL SKILLS REQUIRED TO HOLD A STOCK AND ADD ON WHEN THE PULLBACK APPEARS. THIS A STOCK FOR LONG TERM AND LOOKS GOOD ON TECHNICAL CHARTS/ A STOCK GIVING A BREAKOUT ON HIGHER TIMEFRAMES IS VERY BULLISH AND SUSTAINABLE TO THE SHORT TERM VOLATILITY IN...
A BREAKOUT ABOVE THE RESISTANCE IS THE BEST POSITION TO GO LONG. THE SELLING PRESSURE HAS BEEN ABSORBED WHICH WILL MAKE THE STOCK MOVE NORTH EASILY. TARGET AS LONG AS THE TREND IS INTACT. STOPLOSS WOULD BE BREAKOUT CANDLE LOW.
THE STOCK HAS GIVEN A BREAKOUT WITH GOOD VOLUMES. A CONSOLIDATION AT RESISTANCE SHOWS THAT THE STOCK HAS BEEN ABSORBING THE SUPPLY. A GOOD MOMENTUM ON MONDAY IN THE FIRST ONE HOUR IS GOOD TO GO LONG IN THE STOCK. STOPLOSS WOULD BE THE BREAKOUT CANDLES LOW. TARGET WOULD BE AS AND WHEN YOU GET COMFORTABLE WITH PROFITS.
TITAN HAS GIVEN A STRONG CLOSE ABOVE ITS LONG TIME RESISTANCE. A DOJI FORMED TODAY CONFIRMS THAT THE STOCK IS ABSORBING THE SUPPLY AND WITH DAY CLOSING WELL AND BUYING SEEN ON SMALLER TIMEFRAMES INDICATES THAT BUYERS ARE IN CONTROL. STOPLOSS IS A CLOSE BELOW THE LOW OF BREAKOUT CANDLE. STOP AT 1015 TARGET IS AS LONG AS WEAKNESS IS NOT SEEN INTO THE STOCK.
THE STOCK HAS GIVEN A GOOD BREAKOUT ABOVE THE CURRENT RESISTANCE LEVELS . A BULLISH CANDLE CLOSE ABOVE THE RESISTANCE MEANS THE BULLS ARE IN CONTROL. STOPLOSS WOULD BE A CLOSE BELOW THE BREAKOUT CANDLE'S LOW. TARGET AS LONG AS THE STOCK REMAINS BULLISH WITH VOLUMES.
BANK NIFTY RESISTED THE TREND LINE AND THE KIND OF MOVE THE LAST 2 HOURS GAVE SUGGESTS SHORTS ARE SETUP AT HIGHER LEVELS OF BANK NIFTY. THURSDAY EXPIRY WOULD BE VERY VOLATILE AND BANKNIFTY WILL SURELY CHECK THE SUPPORTS BEFORE BREAKING THE UPPER CHANNEL OF TREND LINE. STOP LOSS WILL BE TODAY'S HIGH AND TARGET WOULD BE PROFIT THAT YOU WOULD BE ABLE TO DIGEST.