About meI have good technical skills in trading and basic fundamental skills as well. I post ideas related to swing and positional trading only as these are the best type of trading style which is safe. I only trade on stocks which are fundamentally good.
Mindtree has bounced from a 0.5 fibonacci level and it is good to buy now. Keep adding it on dips till 0.618 fibonacci level which is around 2400. Long term target will be 5000. Stop loss will be 2200. Good time to buy such good fundamental stock. Do follow if you like my idea.
A strong fundamental company is trading at a good discount. Can buy 50% of this stock now and 50% at 1350-1400 support. The target will be 2400. A 75% return opportunity. SL isn't required or if anyone wants to keep it then it can be 1000.
Dixon Tech has bounced from support and it is a good opportunity to buy a strong fundamental stock at discount. Target will be around 5590-5600. CMP is 4500 and SL will be 4100. A good risk reward of 1:3. Do FOLLOW for more ideas.
A perfect example of a reversal in trend through head and shoulders pattern. Do check out my explanation of the idea I suggested a few days back and follow for more. If anyone wants to add fore investing purposes, they can add 1/3rd or 1/4th of the total amount you want to invest in this stock. A gem of a stock to add on dips.
After a long bull run, Mindtree has formed an H&S pattern which is a strong reversal pattern. Breakout of this pattern has occurred with retest and continuation. The downside of this is calculated using the height of head. If anyone wants to benefit they can short the future position of February expiry. The target will be 3700. CMP is 4118 and SL will be 4400. If...
Breakout of a downtrend and horizontal important levels. Can be bought now for a 1st target of 710, 2nd target of 765 and 3rd target of 820. CMP-665 and SL will be 612 on a closing basis. A 1:3 risk reward ratio. Do FOLLOW for more ideas.
The stock has broken the consolidation period after a good fall. Also, it moved above the 200 Moving average today which is a crucial sign of reversal. Can be bought for 1st target if 590 and 2nd target of 660. CMP-548 and SL will be below the 200 MA line which is 514. Do FOLLOW for more ideas.
It's a weekly chart and the stock has bounced from a very Important resistance-turned support zone. A very safe positional trade with a 17% upside target of 800. CMP-686 and SL will be 630 on a closing basis. 1:2 risk-reward ratio. Do FOLLOW for more ideas.
HDFC is trading in a channel since a year and a bounce from this channel support is seen. A safe swing/positional trade for 12% in large cap stock. Can buy now for a target of 1700-1710. CMP is 1530 and SL will be 1450 on a closing basis. 1 : 2.5 risk reward trade. Do FOLLOW for more ideas.
HDFC AMC has been falling a lot since quite few weeks and it will be a good opportunity to invest in these good fundamental stock at discount. It can fall a bit more and take support at the trendline.
Keep it on your watchlist and buy around 2400-2450 for a target of 3200. SL will be 2200 on a closing basis. 1:4 risk-reward trade. Do FOLLOW for more ideas. Thank you!