Cup like formation BO Confirmation if tomorrow sustains above 440.
SL is at low of 5th Oct Candle i.e. 412.95
Target1 is 460. Expecting it to hit new highs if breaks 462 and sustains above.
In 15 min charts even low volume buying pushing it up so indication of low buying force.
Keep in watchlist.
Not a trade recommendation.
You are responsible for what you trade.
Can Fin is at interesting spot. It already formed double top double bottom. Now it looks like its going for triple top triple bottom. Can short here. SL will be recent top. Target is given in chart.
Nifty even though showed bearish signs still its history of past month shows it might retraces to 18025. if it sustains above it will continue uptrend but high chances are it will start the fall again.
keep watching Nifty50 also can initiate small trades using F&O but use PDH-PDL lines while taking trades.
BAJAJELEC been trading in a zone market with blue lines once it breaks that can expect a big move.
SL is yellow arrow but it need to confirm breakdown. chances of breakdown are low but it may test breakout level and bounce back so trade carefully dont get trapped.
target will be 1:1.5 or 1:2
GNFC is also one of the low debt midcap company. Being a midcap it offer high growth potential and low debt offers you a bit of stability. As you can see on chart, its only 100 rs or 22% down from its all time high. Its also taking support of the projection drawn. A good buy and addition to ypur portfolio if entered correctly. Best Luck.
Avanti feed is currently trading near its 200EMA level. Can initiate buy here with SL of the lower line drawn. Buying should be done with 40-30-30 rule. Fundamentally speaking its one of the low debt midcap stock.
Best Luck.
