TheWizardsZone

TheWizardsZone

As long as stock is trading above, it can be a good positional long for a target of INR 140+.

TheWizardsZone

Go long at CMP of INR 99 for a target of INR 120. Keep rolling stops of 21 EMA

TheWizardsZone

Bank Nifty will confirm a rising wedge breakdown below 31,800 which will open it up for a correction to 30,500 and 30,200. Once triggered, Stop Loss can be 32,200

TheWizardsZone

On the weekly charts, breakdown happened below 1.3%....so it is just a bounce for a possible retest of breakdown level.

TheWizardsZone Updated 

Long in the range of INR 33-34 with SL of 200 SMA (currently @32) for a move towards recent swing high of INR 42-43 and then higher towards INR 50+

TheWizardsZone Updated 

Buy in the range of INR 120-125 with a target of INR 185. Stop Loss 21 EMA on closing basis

TheWizardsZone Updated 

Buy above 10.75 for retest of recent highs of 13. SL below 10.5 once breakout is confirmed

TheWizardsZone Updated 

MFSL: Breaking Out from a 4 Year Double Bottom Pattern...Can be a Good Positional Long for an Eventual Target of 900+....SL can be 20 SMA on a closing Basis

TheWizardsZone

Stock broke out from a falling channel and 200 SMA. It is showing signs of strong bounce after breakout retest and comfortably trading above 200SMA. Go long at INR 140 with SL of 21 EMA on rolling basis. Target INR 180 to start with with further upside possibilities.

TheWizardsZone

Positional Buy with SL 20 SMA on a closing Basis.

TheWizardsZone

Stock is breaking out of a 3 year down trend...If it sustains above 37-38...we can see a move towards 60-70-60

TheWizardsZone

Buy @1100 with SL of 21 EMA on rolling basis...target INR 1250

TheWizardsZone

One of the key drivers of the current rally in Emerging Market and commodities has been weakness in DXY. It is soon going to test the all important level of 87.5-88.5 where it may find support in the near term. We will be closely watching the reaction of the DXY to these levels. While we believe that these levels may eventually be broken but a bounce from that...

TheWizardsZone

Trying to Gets its Mojo Back in 2021

TheWizardsZone

INR on the verge of breaking down against USD...a big risk to rally in the IT sector in the days to come

TheWizardsZone

The Stock has given a breakout after a long period of consolidation. We expect the stock to move and retest the highs of INR 1,400. Long trades can be taken with SL of 10EMA which is currently around INR 1,210

TheWizardsZone

Best Buying Opportunity @31,000 and SL of 30,700...expecting very bullish Dec expiry