Scrip: NSE:RADICO Trade: LONG Entry: 820-825 Traget-1: 883 Reason for trade: Bullish breakout with supporting volumes in RADICO. Once daily candle closes above 820, long position can be initiated. Disclaimer: Please consult your advisor before taking any trade decision. After all, it is only an idea!
Scrip: NSE:WOCKPHARMA Trade: LONG (BUY/ADD) Target:1 618 Target:2 795 Target:1 1010 Reason for trade: Long consolidation forming a Bullish Reversal pattern volume. Broke above weekly resistance of 550. Disclaimer: Please consult your financial advisor before taking any trade decision. After all, this is just an idea!
Scrip: NSE:GSFC Trade: LONG (BUY/ADD) Entry: CMP or above 118 Target-1: 125 Target-2: 135 Reason for trade: Rising price consolidation forming VCP Breakout pattern (or Flag Breakout) in GSFC. As daily candle closed above 117, long position can be initiated at CMP. Disclaimer: Please consult your advisor before taking any trade decision. After all,...
SCRIP: NSE:INTELLECT TRADE: LONG (Buy/Add) ANALYSIS: Long term consolidation breakout seen in scrip. #FlagBreakout along with #FallingWedge, both seen on daily timeframe. DISCLAIMER: Please consult your financial advisor before taking any trade. After all, it is just an idea!
After gap down opening, NIFTY made a failed attempt to recover and went further down after 3hrs into trading. The fall was prevented by existing support zone. Being area of confluence, the immense selling pressure was thwarted and NIFTY held 15700 levels. Immediate support zone: 15700-15660 Immediate resistance zone: 15825-15850 While FII sold -2198.71, DII...
Scrip: NSE:HEMIPROP Trade: LONG Entry: Above 161 Target-1: 200 Reason for trade: Long consolidation forming flag breakout pattern in HEMIPROP. Once daily candle closes above 161, long position can be initiated. Disclaimer: Please consult your advisor before taking any trade decision. After all, it is only an idea!
Scrip: NSE:DCAL Trade: LONG (BUY/ADD) Entry: 226-228 Target-1: 248 Target-2: 295 Reason for trade: Rising price consolidation forming VCP Breakout pattern in DCAL. Once daily candle closes above 225, long position can be initiated. Disclaimer: Please consult your advisor before taking any trade decision. After all, it is only an idea!
Scrip: NSE:ROSSARI Trade: LONG (BUY/ADD) Entry: Above 1251 Target-1: 1325 Target-2: 1480 Reason for trade: Long consolidation since May'21, forming flag breakout pattern. Once daily candle closes above 1251, long position can be initiated. Disclaimer: Please consult your advisor before taking any trade decision. After all, it is only an idea!
Scrip: NSE:NMDC Trade: LONG (BUY/ADD) Reason for trade : Long consolidation forming flag pattern in NMDC. Once daily candle closes above 181, long position can be initiated. Disclaimer : Please consult your advisor before taking any trade decision. After all, it is only an idea!
Scrip: NSE:RALLIS Trade: LONG (BUY/ADD) Target-1: 395 Target-2: 445 Reason for trade: Classis trend continuation, known as "Break & Test", forming a Bullish Continuation pattern seen with volume on weekly charts. Disclaimer: Please consult your financial advisor before taking any trade decision. After all, this is just an idea!
Scrip: NSE:ORIENTELEC Trade: LONG (buy when daily candle closes above 330) Target: 395 Reason for trade: Long consolidation forming a Cup & Handle pattern. Long term trend line also holding strong since Oct'20. Disclaimer : Please consult your financial advisor before taking any trade decision. After all, this is just an idea!
Scrip : NSE:TCIEXP Trade: LONG (BUY/ADD) Target: 1770 Reason for trade: Very strong bullish trend supported by high volumes. Now forming a Flag Pattern breakout. Disclaimer: Please consult your financial advisor before taking any trade decision. After all, this is just an idea!
Cup & Handle breakout observed in NSE:ICIL on weekly charts. Such movement on weekly charts results in handsome upsides.
Scrip: NSE:ABCAPITAL Trade: BUY at CMP Pattern: Flag Breakout only daily candlestick Disclaimer: Idea for learning & educational purposes only. Please consult your financial advisor before taking any trade decision.
SCRIP: DIXON Ascending triangle (VCP) observed in NSE:DIXON. Supply getting exhausted and breakout is imminent. Scrip is fundamentally very strong and the past trend confirms stock's future movement. Disclaimer: The idea is not to be construed or observed as advise to buy/sell the said scrip. It is for educational and information purposes only.
Flag pattern breakout seen in NSE:LAURUSLABS Fundamentally strong & high growth scrip. Disclaimer: It's for educational purposes only. This is not a trading idea or any sort of endorsement to buy/sell the said scrip.
Cup & Handle formation is underway in NSE:COALINDIA. Potential Target is 185.2. Disclaimer: This is not a trading idea or any sort of endorsement to buy/sell the said scrip. This is for educational purposes only.