chandanjha29

chandanjha29

A good weekly resistance may be broken in INDIGO which can give us further up move towards 2400+ levels. Weekly Volume is good as well as RSI is around 69 which gives us possibility of further upwards move for some more time. Once can take a BUY above current levels with SL below 2248.

chandanjha29

IFB Industries has given a recent trendline breakout as well as breakout from a W pattern formation in Weekly and Daily charts. This makes it bullish for in short term. Entry-EXIT can be done as below: BUY around 1260-1250 during retracement or RISKY traders can start accumulating above 1316 SL: 1220 below Targets: 1399 as first target, a breakout with...

chandanjha29 Updated 

As shown in chart in long period we can see a double top formed and further if we observe we have kind of head & shoulder pattern formed in chart and further breakdown has happened yesterday below that point. One can SELL around CMP or around 400 with Target below 370 Happy Trading!

chandanjha29

HAVELLS is at a crucial resistance level and a breakout with good volume above 1482 can be good ENTRY point for a short term positional trade. SL can be low of the breakout candle once it happens. Targets can be 1550/1600 above

chandanjha29

A short term positional trade can be taken based on the recent breakout in ADANIENT scrip. Volume consolidation is observed in DAILY charts for quite some time now and recent breakout in daily and weekly chart may continue in further trading sessions. BUY above 1655 with Stop Loss 1589 below and first target around 1710. A further breakout above 1715 with good...

chandanjha29

BAJAJ AUTO: A breakout above 4048 with good volume breakout then we can chase for 4200 as initial Target. A further breakout above 4212 can push it till 4400. Need assurance with volume breakout before making an entry. Stop Loss once breakout happens can be kept at 3940 below and further on next candle's low for safe trading.

chandanjha29

In ITC we can see a recent breakout in Weekly Chart with very good volume. An upside above 263 can take the stock around 280-285 in short term. For long term (6 months to 1 year) we can look at target around 310-320+. A retrace if possible this week then one can accumulate around 250-245 as well. Stop loss in the trade should be 230 below strictly. Happy Trading!

chandanjha29

BUY TATACONSUM above 853 with TGT of 880+ and short term SL of 830! After significant FALL there has been a breakout in DAY period with good volume.

chandanjha29

Indian Bank has made a W formation in Weekly chart and has given a breakout today (12th October's trading session). Short term position target can be 195 above and long term can be above 200 with SL of 153 in short term and 143 below for long term trade on weekly basis.

chandanjha29

Falling wedge pattern is seen in Daily period on TATA STEEL scrip. A possible uptrend is possible with strict SL in place. Have a look at the chart for more information.