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.
Target 1 of 710 is achieved today. 2nd and 3rd targets are 760 and 820. Trailing Stop loss will be 640 now. I have attached the idea suggested below. Do FOLLOW for more ideas.
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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.
Stock is on an uptrend channel support. A good swing opportunity for 8%. Buy now for a target of 845. CMP-779. SL will be 750 on a closing basis. 1:2 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!
Buy 50% quantity now and 50% at 5200 range. The target will be 6700. and SL will be 4920 on a closing basis. CMP-5478. A 1:4 risk reward trade. 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.
P&G is a really good fundamental stock for long term and has corrected a lot from it's highs. A good opportunity to buy as there are good chances it will bounce from this important resistance-turned support level. Buy now and on dips till 4700. Target will be 6400 and 7400. SL isn't required in good fundamental stocks but If someone wants, it can be 4200....
Nifty and Sensex have been following an uptrend line after the corona crash. Now this trendline has been broken with a perfect retest and continuation as well, which becomes more conclusive. Nifty also closed below 100 EMA today. Markets can correct from here and it will be a good opportunity to accumulate good fundamental stocks at discount. The next supports of...
Self-explanatory chart and title! A good opportunity for 15% returns. Can be bought for a target of 235. CMP is 205 and SL will be 190 on a closing basis. 1:2 Risk reward ratio. Do follow for more ideas!
The stock bounced from its support and also broke downtrend resistance. Can be bought for a target of 723 and 748. CMP-686 and SL will be 661 on a closing basis. 1:3 risk reward trade. Do FOLLOW for more ideas.
The stock was in a downtrend consolidation for a year and now gave a proper breakout with retest and continuation. Target will be 199-200 and SL is 161 on a closing basis. CMP- 174. 1:2 Risk reward trade. Do FOLLOW for more ideas.
A weekly breakout with retest. Can be bought for a target of 980 and 1080 positionally. A 1:4 risk-reward trade. CMP- 894 and SL will be 845 on a closing basis. Do FOLLOW for more ideas.
1) Cup and handle breakout 2) Ascending triangle breakout 3) Good volumes and good Q2 results expected Can be bought for a target of 900 and SL will be 816. CMP-845. A 1:2 risk-reward ratio. Do FOLLOW for more ideas.
The stock is on a confluence of an uptrend and horizontal support. Keep it your watchlists and if it closes above 2250 on a closing basis then we can look to buy. The target will be 2490-2500. CMP-2212 and SL will be 2120 on a closing basis. A 1:2 risk reward ratio. Do FOLLOW for more ideas.
The stock is on a confluence of two supports (Uptrend and Horizontal) which indicates a good chance of going up from here. Can be bought for a target of 3380. CMP is 2980 and Sl will be 2780 on a closing basis. A 1:2 risk reward setup. Do FOLLOW for more ideas.