NSE:TATAPOWER Has amazingly given a breakout from descending triangle pattern from the level of 210 after being in the zone of 200 from long time. Tata power can break new levels in coming future as it is one of the leading power companies in competition with Adani power. You can create a fresh position in Tata power with SL of 200 for the target of 240-250-300....
NSE:ACC is ready for breakout. After falling from all time high of 2785 price took a support at a trend line being created from past 8 months. Market scenarios are also positive Take entry at 2510 with good volume on charts.
ENTRY - 2510
TARGET - 2780
SL - 2740
NSE:PAYTM Was facing resistance at 721 but today ii has broke above 721 and given a quick upward move. You can Add a little Quantity now and also wait for retest when at 721. On crossing 200 Day EMA add full Quantity of With SL at 688 & 630 With Target of Attest 1:2
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NSE:NATIONALUM is ready for Quick Upmove after taking support from it's previous low and a Trendilne which is forming from Nov, 2020. Each and every time the price touched this trend line the price reversed with big move. you can take entry after crossing 100 Day EMA. you can hold it for 102, 120 and 126. SL shuld be 84 for less risky traders Or you can place SL...
NSE:SBIN Has reached the breakout zone and now consolidating near breakout. It Can Fly from here if the Resistance is broken with good volume. You can add this for Swing Trade after Breakout, this is also Good for Investment Pick But i Advice you to add for Investment purpose on Dips currently it is on 52 High. If it wll face Pressure here and started downside...
NSE:ITC HAS SHOWN A AMAZING BULLISH BREAKOUT AFTER REACTING POSITIVELY TO THREE MAJOR BULLISH REASONS
1. Took support at 32 years old trendline
2. Made double bottom pattern and respected the support zone.
3. Breakout from descending triangle pattern.
YOU CAN ADD THIS FOR TARGE OF 250-260 WITH SL OF 208 FOR MEDIUM TERM, THIS IS ALSO A GREAT PICK FOR SAFE...
NSE:RELIANCE Has took support at 7 months old trendline, It can boost from hare for its previous high of 2560 as marked in the chart with red dotted line. You can add this to your portfolio for Swing trade For period of almost 2-3 months. If Budget 2022 will give positive view it can complete the target within a month or two Risk Reward ratio is also impressive....
NSE:INFY was making higher high from past 6 Months and taking support around 1650. Now after a continuous sharp fall from 1950 from last 2 weeks now It has touched 1650 and again took a support and given a Quick Reversal now from here at 1700 we can go long with at least 50% Qty and rest can be added on retest and target can be should be 1950 and a resistance...
NSE:JSWENERGY Is very strong rn because due to bad market scenarios it is still at its normal levels. It is in consolidation zone from last 3 months. breaking of this zone can lead to a good rally toward 400.
You ca add this in your portfolio for Investment purpose. for the target of 400 - 405
NSE:BHEL has Given a Descending tringle breakout few days back and now taking a retest from it's bereakout zone and near trendline of triangle pattern. It can Give return of RR = 1:3 as From Entry at 60-61 , SL at - 55 And Target at 78 -79 for safe traders they can also book partial profit around 66 & 75.
As i've already posted an analysis on TATA POWER creating it's Descending Triangle Pattern, Now it has broken this pattern and creating a new upward rally. I am hoping for TATA Power's new lifetime High Soon. There is more positivity in Tata Group due to IPL Sponsorship. Tata Power is also good opportunity for Investment Purpose .
NSE:IOC is at very major resistance zone of a trendline which it had broken on 15 Dec, 2021. now it feels like it is taking a retest from here for a big downtrend continuation. if retest will pass then we can see a major downtrend or it will greak the record high if this trendline is broken on retest failure. Currently my views are bullish for it. will Go long...
NSE:NATIONALUM has took a very strong support at 89 and now continuously leading toward its all time high. during this journey it has also made a channel pattern and now it has also been braked and highly bullish sign can be seen on chart. we can plan for a swing trade here for 15% gain with at at 108 .
NSE:AKSHOPTFBR is about to give a breakout from 14 Rs. breaking Cup and Handle Pattern. it can go toward 28 being restless. keep this on your Redar for Swing trade opportunity for at least 30- 40 % Retunrn. I have added this in my portfolio when it was at 9 Rs.
NSE:TCI is making CUP & HANDLE pattern and now about to give a brekout from 800 , RSI also at very good level. A swing as well as Intraday opportunity can be found on breach of 800- 804 you can trade for Intraday with RR = 1:2 with SL at low of previous day's candle. Or you can add this scrip for Swing trade with a retest from support after breakout.
NSE:HINDPETRO Looking bearish below 300 now. It has given a breakdown from upward channel pattern and continuing downward trend by giving a breakdown from this channel pattern. Short below 300 after passing a retest from channel's trendline resistance. Hind Petro has a strong support zone near 375 following a long term trendline. it may reverse from it and can...
NSE:ONGC has given a amazing breakout from Descending Channel Pattern at the level of 145.
A amazing Swing trading opportunity can be grabbed from here. Go through the details mentioned on the chart.
Entry - 145 - 148
SL - 135
TARGET - 162, 170, 190
Enter 50% QTY now and Rest can be added at Retest of the support