retracement has done and taken support at previous levels and consolidating. could be a bounce back above 1360. making in watchlist for entry above 1360 on eod CLOSURE BASIS for targets 1445,1490, 1651, 1800. On entry my sl would be 1265. this is my dairy and not an invite to trade. Please do your own due diligence before investing
The last rally has been retraced by 1/3 (to 66% levels). I am looking for reversal candle from here for entry. the target 1 would be 1252 with sl at 1100. target 2 could be 1300.
HDFC life has come off the lows of jun 4th and has retested @ 0.66 levels of FIb. It has a resistance @ 605 beyond which the target is 654 and then 709. I am putting it under watch list for entry on one more candle above present levels (and trend line) for target of 654 and then 709. SL below 575 on closure basis . This is my journal and not an invite to...
Company in news as it has procured order of Rs 20 Cr from Southern Railway. Will be a good buy above Rs 500. targets could be 558-603. if stock crosses 603,then it could zoom. Sl could be 475. tile frame could be 6months Stock added to my watchlist. This is my watchlist. please do your own due diligence before investing
IEX has given a break out after 2 years consolidation and entry could be done above 182 on retest, with stop loss @ 144 and target of 317.. The Stock has also given a cup and saucer breakout on weekly time frame. my target 1 would be 254, then 274 and then 317. this is my trading journal and is not an invite to trade. anybody following this may please do your...
pfc could be poised for next rally. the base has shifted higher in this case . it has broken the range with volume. Seeing a long tern target of 805-810. This is my out look and should not be construed as invite to trade
Stock has nearly hit its 52 week low and has bounced back . also retesting is seen as done on daily chart. there is an immediate resistance at 2900 levels which is also 20 EMA. the stock is cyclic in nature and has seen rallies in April - May thru to Sep-Oct, when the demand for paint picks up. My idea will be to enter above 20 EMA on day closure basis with 50...
stock is showing signs of rebound after taken support at previous support levels. could be a good buy @ 280, with target 1 of 298 and target 2 of 310. SL could be below 270 there by giving a minimum R : R of 2 this is my out look and not an invitataion to buy. please do your own due diligence befor investing
Though Nifty rallied from low to recover some lost ground, it is still negatively biased. It is likely to open Gap Down. 19550-60 forms a strong resistance now. Support levels are 500/423/350. If Nifty Bounces back and sustains above 19600, we could see raise back to 19700 levels and above.
Nifty has clearly shown a propensity to bounce back and I am basis global cues expecting a gap up opening about 19800. will wait for gap filling till 19750. Long above 19750 with targets of 19800/825/870 sl 10 points short below 19750 with targets of 19725/700/675 sl 10 points I am not SEBI registered RA and views are my out look. please do your own due...
likely to open gapup around 45500. 1st level of support is 45400. if the same is broken the 45300 and 45250 provides next support levels. if BN takes support and reverses, then the resistances 45575/681/790. my view is slightly negative and leaning on PE trade. however if BN takes support on 15 min time frame, the would like to take CE trade I am not SEBI...
buy above 3120. sl 3047 targets 3205/3320/3400/3534 50 MA is crossing over 200 MA with the price closing above 20 MA on daily time frame. RSI is rising and above the mean. Also stock is at the middle band of BB. any sustenance above the middle BB can take the stock up to the upper band, which is target 1.
increased volume, sustaining above 50 and 200 MA with RSI is also crossing over mean on daily TF. The stock is at about 20 MA and could go in for buy if sustain above 20 MA for at least 15 minutes (384.5) buy above 385. sl 365 targets 420/487/524/587 I am not a SEBI registered RA This is my analysis and not invite to trade. please do your own due diligence...
The counter beat market expectations of Q1 handsomely and saw a good uptick with volumes. The stock is at a level where it had previously strong resistance 700-719 levels. if the stock crosses and sustains above 720 levels for at least 15 min could see further buys coming in. would look to go in at 720 levels with SL at 650 for targets of 814/855/900/987. I am...
Nifty managed to claw back from the low of 19561 to close at 19646. with global markets in green and also Gift Nifty @ 19790, we could see NIfty opening above 19700. With Most of the contracts rolled over, we could see Nifty playing the range bound manner during 1st half and then some action happening in the 2nd. The likely range of nifty will be 19800-19600 with...
the stock has retested the support line after break out. cmp is 161.6 50MA has crossed over 200 MA and is looking up. could go for long position. the Stock has strong support /resistance at 160 levels as this has acted as resistance multiple time and the stock has broken out. further it has retested the level twice now from upper side. The stock is seen as...
Volume increased. news based buy possible as issues with its production line is cleared and also dividend is also around the corner. the stock has closed above super trend line and also above the BB Middle Band. MACD is above signal and RSI is also seen as raising. Stock is on consolidation since Dec 22. Accounting for the dividend of 17.5 per share, the stock...
The corporation has also seems to have made a turn around interms of its revenue and profitability. MSTC is seeing increased volume and has just broken out of its consolidation range of 224- 327. CMP is 333.15. Idea will be to buy above 347 (fib levels) with SL at CMP. Targets could be 421/543/665 NB: I am not a SEBI registered RIA and the ideas are my out...