carthicr

carthicr Updated 

The prolonged downtrend more than a year, there were instances of 10-15% up move >20SMA, Attempting from the O/s zone languishing over the past few sessions, Recommend a Long trade on the name with a potential price target of 2180 to the 50% fib retracement of the recent swing. Stops a must ~1850 on a close.

carthicr

Worth an attempt to have a look at this logistics leader closer to the 52 Week lows, with divergence in RSI. Recommend a long trade on the name with an upside ~15% over the next 30 sessions. Stops if warranted 1030 on a consecutive close.

carthicr

In the horizontal range over the past 3 months, finding Laxman Rekha at 210, the struggle should not be more this time given the way the other peers had rallied recently. Recommend a long trade on the name with a Price objective of 235 over the next 20 sessions. Stops a must of 190 the previous lows of bullish belt. Not a great R/R trade, but worth attempting it.!!!

carthicr Updated 

Been stuck for a brief period of time over the past 11months,in the horizontal range 105 - 150, with multiple attempts to move ahead, this time with price >SMA 20, 200, and positive trending RSI, Expect the stock to move above the range with 30% gains over the next 20-30 sessions, With Stops at 200 SMA.

carthicr Updated 

Attempt to move ahead from the horizontal channel for the last 3Months with surge in volumes, would find stops at previous demand zone and 200SMA. Visibility for a 25% return on the name in 3-4 weeks time frame. Given the beta of the name stops should be little deep only one warrants it.

carthicr

Post the recent quarterly numbers the stock slid steadily and had formed a double bottom on the daily charts ~315, Recommend a long trade on the name with stops placed at the recent lows on a firm close, anticipate a target of 375 - Fib Golden retracement of the fall over the next 15- 20 sessions.

carthicr

With a ~40% price correction, Would the Fib Golden ratio and previous supply zone would turn to demand zone now ! RSI neglets it..