I am not holding any right now, but keen on making a closing basis entry with a closing basis SL.
Levels are already mentioned on chart.
could have personally taken right away, but I have previously never traded LUXIND with full qty.
May the Odds forever be in my favor....
Its a pattern (again!)
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small).
Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as...
Makes sense to me...been falling a lot, slowing losing strength.
As such, not a bad stock, makes it worthy of being bought after such a dip.
Its also at an investment level, but I am unable to generate longer duration view so will aim to trade just the chart for now and rethink if it gets into significant profits.
*NOT AN IMMEDIATE BUY, entry level is mentioned...
Hourly Closing above line is imp.
sl and targets mentioned on chart.
*I am personally not trading this one. Also, I dont hold any in my PF as of now.
I dont expect a straight move and can take 1-2 weeks.
Sl, hourly closing basis.
So, its way beyond the expected swing targets. Now looks like the pattern targets too are possible. (level marked on chart)
I really dont expect a straight upmove henceforth, but if at all it has to give the pattern targets, it should not re-enter the channel. So that can be a good sl.
newcomers should book full right away.....traders with experience should look...
Banknifty be like,
Tum Mujhe 1000 pts ka sl do, Mai Tumhe 3000 pts ka target dunga!!
eng. trans : Give me a sl of 1000 pts, I will give you a target of 3000 pts.
(no offence meant to anyone, I know the imp of the independence time quote, its a boring day just trying to set a fresh pace)
I mean, irrespective of the sentiments, the buying range looks clear...
On the face of it, I could not find one bad point about this company....
Ashish Dhawan sir holds 5.65% stake in this comp...
There may be some negative biz triggers which are unknown to me.... but on charts its a fresh BO which makes it worth the risks.
Involves market risk. Do your due diligence...
*NISM Certified Research Analyst
I must admit, its been a while since I have stumbled upon a chart so simple yet so valuable.
Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder .
Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion.
Should be a slightly MID-LONG term 'investment' kind of...
Chart is on the similar lines of NSE:ABBOTINDIA chart I had published few days ago.
Its a clean and clear pattern, and the Breakout is quite conclusive. Volume is yet missing, should pick up soon.
MID-LONG term buy potential with add on dips
Entire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day.
Good pick, for a quick bounce (SHORT TERM) could be MARUTI.
Sl is closing basis
Trade setup is mentioned on chart, active after getting a Breakout closing.
Sl and Targets are mentioned on the charts.
Sector is in flavor. Glenmark's charts looks good for a mid-term Trade...with volume confirmation.
Keep Qty medium, SL on WCB. Buy and hold.
Disclaimer: I am not SEBI CERTIFIED yet, I just share my views on possible setups and I usually also trade the setups I share here.
Last Trade Idea shared on TRADINGVIEW, ...
All explained on charts. If its breaks the channel, then I think it will find next support only at 700-ish levels (or atleast below 750)
Also, I believe, this time it wont stop at 700, will add the all time charts in the comments to support my view.