Ascending triangle formation with good consolidation. Buy at CMP Target 441, 468, 511 SL 375 Fundamental News: Birlasoft Announces a Global, Strategic Partnership with Freshworks Inc
Target 1622 SL 1503 Good bounce from 21 DEMA. Watch out the index actively.
RSI and MCD on the over bought area so don't jump in right now. Entry 4.30. SL 4.10 Target 8.5 and 10.25
Don't try to average. You will loose all your capital. If you've bought at the top square off in the pre market. If you're holding, just hold. Do not try to catch falling knives. Worst case scenario may test 56.25
Whenever the stock went below 21 EMA it had a strong bounce. And that is exactly what is happening in here. 4200+ is on the cards
Positional trade can be taken if crosses 48 resistance. Recent break out from a consolidation zone and bullish gartley pattern.
Buy at CMP 98 Target 101, 115 SL 89 Cup and holder pattern.
Buy at CMP 437 Target 450, 470, 500 SL 389 Cup and Holder pattern Need to hold for few months
Target 750, 775 SL 705 Buy at CMP.. good bounce from 21 DEMA
Buy at CMP with one part and at 677 with second part. You can add more parts on the way up. Target 834. SL 629. Good range of consolidation in last few trading sessions. Price respecting 50 EMA and on a sideways movement Medium Risk trade
Continuous upper circuit for last few days and is likely to follow the trend of Adani Total Gas. Target 166 (Longterm). SL 56. Follow the trend Trade is high risk so apply appropriate caution
📈 Market Trend📉 : Market will open positive and but may show weakness in the afternoon session 💯 💲 Global Currency 💱 : Negative for the market 📈 Dollar has taken a nosedive given current global situation of Afghanistan 🏢 Institutional Investors : Taken Positive position (halfway through) 📈 🟢 Nifty Support : 16618 🔴 Nifty Resistance : 16822 🟢 Banknifty...
Retail investors and traders pushing indices so high has confused the smart money and they have taken a partial short position but they are hesitant given the fact that nifty did not take a nose dive after a gap down opening. There is some weakness due to their partial move which did not let nifty to cover the gap. 16350 would be a very crucial level to watch out...
Short if goes below 200EMA on daily charts. SL 210. Target 187, 174.
CDSL has been on a correction phase and is treating 1246 as a level of support. You can clearly see the ABC correction and the minimal volumes throughout that phase points towards strengthening around the 1200 price range. The formation is like a bull flag and these usually result in sudden bullish moves. Positional trades can be taken in parts starting the first...
Mahindra and Mahindra has a descending triangle formation which often results in bearish outcomes. But there is huge excitement due to the XUV 700 reveal and it is promising to shake up the suv segment. So how to make money out of it. Let's see. Price has been making bottoms around the 743 mark and making lower highs following a trendline and trading at a discount...
After an exponential rise the stock is back on its trend line taking a strong bounce on the trend line and 747 support as well. Good consolidation since it hit high on 1st April. Likely upside of 933 coming soon. Can be bought in parts at CMP and then again when it take support from trend line. Price has multiple supports at 20 and 50 EMA followed by trend line...