Target 1 Done | 28% Gain in 53 days | Goodluck The entry was triggered at 302 on 15th Nov 2021, after which the overall market witnessed a correction. Fortunately, after the entry the market structure held well and the SL placed at 259.40 remained intact. Actually the market missed the SL of 259.40 by a whisker. Whew. Goodluck formed another low risk pivot...
Goodluck: Will good luck shine and give a +47% gain? What is the trade idea? Stock has risen 441% within 20 weeks and formed a good 3T VCP pattern. Now it's been consolidating for a good 14 weeks. The entire consolidation is occuring in a high and tight range, and with the low risk range that’s currently in progress, it's been inviting to have a close look at...
Dwarikesh Sugar: Will it continue its momentum and give another +22% gain? Post its breakout, the stock has consolidated well below Rs 100 range. This consolidation has been supported by excellent volumes too. The past two week price action is indicative of likely strong up moves in the coming weeks ahead. My expectation is that 119.80 should be most likely...
Something has spooked, shaken, and violently swirled the crude markets. What exactly is brewing with oil? The rising and strong trendline that began in Apr 2020, has been tested twice on the weekly time frame earlier. This week, it's simply taken out. Broken in one clean swipe. It's almost like a butcher's big solid knife has sliced through warm butter....
First, allow me to beat my trumpet, please. Here's a reminder of the Trade Plan given on 12th Dec 2021 (See my trade idea on TradingView titled: "Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%?" Trade Plan - Entry: Test Entry on market open. - Add on pullbacks at 44.15, or worst case up to 40.20 - Initial Stop Loss (ISL):...
Coffee Day opens up 2 wild targets that can help swing traders profit up to 300%? Coffee Day stock has now moved from Stage 1 to Stage 2. This indicates a start of a new uptrend. What's been brewing so long? (in technical lingo) The basing stage has taken about 18 months from its all-time low of Rs. 14.25 in June 2020 The first weekly contraction was...
Dwarkesh Sugar is currently trading in a tight range and most likely forming a pivot range of <= 7% What is the trade idea? Stock has risen 222% within 21 weeks and formed a good 2T VCP pattern. Now it's been consolidating for a good 17 weeks and with the low risk range that’s currently in progress, it is on my high alert now. My expectation is that 78.50...
This is the update to my earlier view shared on 14th Nov 21 on Dwarkesh Sugar. As on 14th Nov expectation was that 78.50 should be crossed in the coming two weeks. 10 days later the overall markets became weak. The above view was revised on 28th Nov indicating that 4-6 weeks of patience would be needed. It took a total of 7 weeks instead of initial...
Bitcoin made two breakout attempts recently. The second breakout failed and this failure is indicative of more downside in the coming days. Supports that are well in target are just 6 to 8% away and lie close to 49k to 50k. A strong support of rising 200ma is well in sight. This range seems like a good support zone. The confluence of trend line support and...
All Targets Achieved | 26% in just 29 days | Bitcoin | Thank you for checking out my content. Hope you liked It. 👇👇 Check my idea snapshot image dated : 27th Nov 2021 See below Related Ideas: >> Will-Bitcoin-hit-40k-in-the-coming-weeks FOLLOW for more !!! LIKE & SHARE if you found it useful !!!! COMMENT below your views and suggestions !!!
Orient Paper T3 Target was achieved giving gains of 32%, in five months. The entry was triggered on 9th June and missed the the SL twice by a whisker. By that note it also missed the ultimate third target by 0.10 ps. While it did take substantially longer time than the anticipated 8-10 weeks, yet in the end it turned out quite worth the ride.
The support zone of 17250 to 17560 needs to hold for now. Today' Nifty has started with a gap down, the bias seems to be shifting downward. Closing below 17250, may most likely take nifty to quickly test the two lower support levels. The 200dma range seems very doable for now. Crossing and sustaining above 17600, will invalidate the move below. Majorly, the...
Nice Intraday Churn & healthy buying in NSE:BEML volumes seen today. The day started with a Gap-Up (3.4%) and was followed by an gap fill. The close (looks very likely as of now) & if it does close above 1376, then BEML may well target 1540-42 (+11% ) from cmp.
The chart structure shows a strong bias toward the upside. Most likely zinc is just starting to show initial signs, yet it's a fairly strong indication of higher side move. As long as it continues to stay above the breakout level, & closes above 238, the probability of higher levels seems fairly strong. At this point of time, targets of 260 to 280 seem be...
28-May-2021 NSE:RELIANCE Reliance looking good for targets 2200 & 2350 Reliance has been consolidating within a band 1830 to 2230 for quite some time. The volumes since last two sessions appear encouraging. Today its started an small up-move that may likely take it to 2116, 2200 & maybe even 2350 in the coming weeks.
Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call. As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress. The C2 contraction was half of first, but the C3 was 18.5%. The last contraction...
BirlaSoft reacted strongly from its rising 200ma & went up to closed above 20 & 50 sma on Friday. It forming a very inviting long tail candle. The volume though was marginally (@25%) higher wrt its 10day average. On Monday, it gapped up strongly and now today's close seems to be sustaining well. Waiting to see how the coming weeks shape up. Planned GTT entries...
26-May-21 NASDAQ:TSLA Breakout Failure on top. The chart structure is shifting towards consolidation and test of supports. Sustaining and closing below 601 in the coming weeks may well take Tesla to break the low of 546 & then proceed to achieve 450-36 to 420 range. The Down move scenario gets invalidated on successive closing above 670