Swing opportunity in Gail. I was tracking this stock for past 2 months, the lines have been drawn at that time. Consolidation happened and now at the verge of a breakout point. Check out the chart and do your own analysis.
IT companies which have been giving an amazing rally for about past three - four months have been getting a correction. Most probably there could a gap down opening because rupee is getting weaker that is something bad for the company. Watch out the levels.
Watch out for the levels, It has been been consolidating within a range for the past 5 trading days. Watch out for a break out, as nifty and bank nifty seems to be bullish, there will be a high probability of occurring a gap up above our levels, is that happens then plan your trades accordingly.
Swing opportunity available. It is also very good for long term as the management has strong strategies to enhance the growth of the company in the future. Look at the chart and see that Tata Motors is kind of forming a symmetrical triangle (Higher highs and Lower lows). Wait for a correction in the market and take trades appropriately.
Look into the chart and get on to it. Keep in mind the Production Linked Incentive scheme in mind, not to miss a trade. Watch for the levels shared. It have been consolidating for the past week there could a high probability for a breakout or breakdown in the coming trading days.
I think that it would be a good swing opportunity as Finance Minister announced several incentive plans to boost production in various, telecom sector is also in the bucket list. Lets watch and take a position according.
Adani Enterprises which had reported an amazing 2nd quarter have been rallied since publishing its results and they have been trading in a range that have given a channel type of formation. Check out the chart and plan your trades accordingly. Just sharing my view.
The stock have been consolidating for more than two weeks, trading within a range. It can be a good swing pick, it can also be in an intraday watchlist. Do your study watch out for a breakout or break down in the specified levels and enter into a trade with very conservative measures. Sharing my study and analysis.