Technical reasons :
Cup and handle formation on monthly time frame.
Keep and eye on 75-76 range breakout. (It will be breakout of handle)
Easy targets of 110-120 range expected. (May take some time)
Long term target can be 250-300 range as the bottom of Cup to upwards it's 400% +. But may tak years to come. Patience is key. 😊
Supply zone in 71-72 zone once...
Ultimate risk reward trade ( LIC sitting with huge quantities at 200 EMA)
Momentum traders only entry after closing above 570-572 range.
Medium to long term traders may look for keep adding on every dip (545-565 range)
Targets will mostly be 610-625 for short term traders.
For long term holders sky is the limit. 💸
Recent bulk transactions:-
1st September
1)...
Fundamental Reasons to buy:
->Exports on boom.
->Government set exports target of $400 billion.
Technical reasons to buy:
-> For the last 3 weeks it's consolidating in 350-370 range.
-> Entry after decisive closing above 375-378 range.
Recent bulk transactions:
25 Aug, 2021ACQUISITION - MARKET
ICICI Prudential Mutual Fund Acquisition
Qty: 715191
% Traded:...
Ascending traingle pattern formation, breakout expected above 44-46 range.
Look for entry above those levels.
Targets T1 T2 mentioned on Chart.
Counter, looks quite undervalued.
Pb ratio: 0.72
RSI on monthly time frame at 40-42 levels. Looks good for entry at these low valuations. Government has confirmed that it will be one of the two PSU bank along with...
Breakout of falling wedge pattern expected above 96.
Go long for 125-150 target In short term.
For investors, this counter can give you mind blowing returns in coming years. Just hold your positions if you can.
I'm expecting this company to become midcap within 3-5 years time frame.
Symmetric triangle formation and above 75-76 level, it would be a breakout.
One barrier at 85-88 levels after that direct 115.
Go long once the resistance is broken.
Deliverable Quantity (gross across client level)
5,22,835
% of Deliverable Quantity to Traded Quantity
33.28 %
Commodities stocks are rising, don't miss the opportunity.
Looks good. but it might...
Results came in today, many short term traders booked profits.
Keep eye on the handle breakout (decisive closing above 81-82)
Cup and handle pattern formation in monthly time frame.
For momentum traders:
Buy above 82 for 100+ target.
From investors perspective:
This is a pure investment counter, look for 1-2 year hold.
You will be rewarded equally.
Huge...
From momentum traders point of view:
Falling wedge pattern, don't wait for breakout if you are a aggressive trader. With Stop loss just below last buying swing of 142 go long. You will have best rr of 1:3.
From investors perspective:
Stock looks super bullish on monthly time frame with medium term targets above 195-210+ levels.
BHEL forming ascending traingle pattern.
For safe traders: Wait for RSI divergence and let it close and trade above 76 to enter
Short term targets of 90 to 110 range.
Long term -275-350 range ( may take 1-2 years) best for investors.
For aggressive traders: Start buying, you never known when it will break you will even get chance to enter. 😀
Just wait and...
For momentum traders:
Gave a breakout of accending traingle pattern. Those who missed can enter between 219-220 range.
RSI is above 60 and never goes down, that is a sign of good uptrend ( bullishness)
For investors:
Chart looks super bullish, keep an eye can even break the all time highs of ₹270 in coming weeks
#Highdeliveryvolumes
#accendingtriangle
Diis...
Moment traders: Buy Only if it crosses and trades above ₹191.
Technical reasons for buying: Details mentioned on Chart.
Fundamental reasons to buy: Government is pumping money in as PLI Scheme for battery production.
From investors perspective:
* Wait for the news EXIDE started making lithium-ion batteries ( used in Electric vehicles). You will be amazed to...
It's a gem, don't miss to start adding to your portfolio
On daily time frame it has formed falling wedge pattern.
Currently in oversold zone, buy daily small quantities. Once it crosses 226 uptrend will be confirmed, You may then buy in large quantities.
The way we are building roads and highways. It's the best counter to be invested.
**Fiis doubled their...
People had short position as the quarterly result was going to be announced, profits has decreased but the good thing is NPA has improved. Book value is increasing for the last 2 years.
Look for a confirmation entry if it closes above 188 in the daily time frame.
It's near the 50% retracement levels. You will have best R:R ratio here.
Banknifty is...
Accumulate in 200-205 range, can give breakout anyday. The day it will breakout it ain't gonna stop.
Parag Parikh long term equity plan has more than 8% investment in this company.
Looks good for more than 50% targets
