chartistamey

chartistamey

Sterlite tech is looking strong as a positional trade. Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables. Stock can be added at CMP or on dips till 155. SL is below 140 WCB. Minimum target is 200. Above that stock can go till 235, 280 which are the fib levels as well as strong...

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We have seen good support reversal or breakouts in Energy sector stocks from past couple of weeks. JSWEnergy is looking very attractive at 240 levels for a strong support reversal for medium term. Keep on radar for big target of 300 and above. Idea shared only for educational purpose,

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Latent view was one of the highest rated stock during its IPO listing which had got 300x subscription. The overhyped IPO market of 2021 has trapped many investors in multiple stocks including Latent view. However, we can see some positive bounce in the stock from the demand zone of 310-320 after a major consolidation near the same. A short term trendline breakout...

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MIDHANI has formed a beautiful a beautiful cup and handle pattern from 2020. Now, the stock is standing near its neckline and is looking strong. However, the stock has rallied from quite some time now so wait for consolidation after breakout or a retracement to get a good SL. Currently, 230 is a strong support. Positional Target can be 350 which is 90 points(the...

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It is currently a risky positional trade but the stock is looking strong near support trendline. A bear trap has been formed near the same. Levels are mentioned on chart. Risk reward is favouring the trade.

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Ami organics has formed a cup and handle pattern and is currently trading near its neckline. Breakout from this pattern can bring good upside in this stock. Minimum target can be 1420 above which stock can reach levels of 1700. Trade is risky since stock is near ATH. IDEA IS SHARED ONLY FOR EDUCATIONAL PURPOSES

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Shyammetl has given a trendline breakout yesterday. Stock is looking good for a swing and positional trade. It is better to buy on dip for good risk:reward. Idea is shared for educational purposes only.

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Dont miss this investment stock in your portfolio! India has a very big future in terms of rail infrastructure and IRFC will be a big part of it.

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Hikal is standing on a strong support trendline. Stock can reverse from CMP. SL and target on the chart. Not a recommendation but a reversal idea shared for educational purposes

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APLLTD is one of the few pharma stocks which have not shown upmove in the past couple of months. I had observed similar pattern in Auropharma and IOCLP and these stocks have rallied over 30% from their support trendline. You must definitely keep this stock in your watchlist as around 650 levels is the minimum target one can expect. Kindly trade as per your own...

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Dhani is a stock which has crashed in the past few years and I am not a big fan of trading in such stocks. However, the stock is looking technically attractive for minimum target of 60 and above. Reason:-Trendlune breakout with higher high, higher low formation wit a positive RSI divergence Try to enter at around 35 with an SL below 26 DCB. This is an high...

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Powergrid is a portfolio stock with good dividend yield and strong fundamentals. The stock has given a breakout of cup and handle pattern with neckline of 250. The retest of the same is completed as well. Stock can give good returns with minimum target of 300. SL can be below 246 DCB. Idea is shared for educational purposes and should not be considered as a...

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Indigo paints had a bumper listing during its IPO with 100% premium over issue price. However, since its listing, it has been in a downtrend and has corrected to an attractive valuation. The stock has already broken the downtrend and is now looking strong for a new upmove. The targets and SL are given in the chart. One can enter at CMP if his/her outlook is of a...

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Kansainer is the stock on my watchlist. As we have seen a good bounce from support in other paint stocks like Indigo paints and Berger, we can expect a similar upmove in this stock too. Currently, it is in wait and watch.

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Persistent systems has been in strong bull run from 2020 to end of 2021. Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky. Kindly trade as per your own analysis.

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Dr Lalpathlab has corrected significantly post its all time high of around 4200. As seen on the chart, the stock is standing on a crucial support trendline and also has recently bounced from its strong demand zone in weekly time frame. RSI positive divergence can also been seen in the chart. This stock can touch levels of around 2330, 2600 in medium term. Kindly...

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Shoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors. The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH. A weekly closing above 820 will push the stock to levels of 850,880+ However, there is always higher risk involved in stocks at ATH so trade accordingly. This...

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Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.