Hello Traders, I would want to see Bajaj Electric to continue upmove and then taking a small pullback would be a buy signal for me. Thus I would not enter right away if BajajElectric moves upwards. My trade setup wouldbe as follows:- Stock: Bajaj Electric, Swing Trade Cash Segment. Entry: 1277-1288 Target: 1549 SL: 1210 Risk Reward- 3:1 Happy Trading!
Hello Traders, Acrysil is trading at support level. I would suggest to enter the stock at current price and keep a tight daily stop loss at 728. We should be able to target the full move of 3:1 Risk reward ratio. The trade can be setup as follows- Stock Name: Acrysil, Swing trade in cash segment. CMP, Entry: 748 Sl: 728 Target: 808 Happy Trading!
Hello Traders, IIFL Securities after long breakout is exhibiting flag and pole in 75 minutes chart and also has taken support twice above 111 in immediate sessions. Even if it has a resistance at 118 we can attempt going long for target of 127. To mitigate risk of losses, we will place SL above our entry price as soon as the price reaches 118. and once it...
Hello Traders, Cosmo Films ending on a big green candle, RSI above 70, and strengthened RS, supported by volume and deliveries is a buy signal. It can be traded as follows:- Stock: Cosmo Films CMP, Entry: 1646-1651 Target: 1751 SL: 1579 Happy Trading!
Hello Traders, Xpro India is trading at 638. It is trading at least risk point. One can enter the stock at cmp which is 638 with tight SL of 619. If it takes an upmove the immediate target would be 723 and from there we can trail the SL. Even with 723 as target it is a pretty good Risk Reward. So the Xpro india trade looks as follows:- CMP: 638 Entry: 638 SL:...
Hello Traders, My recent trade analysis have gone pretty well. There is lot of noise around which wants us to believe that market is going to crash but at least till now I cannot see any signals like that. So here I have found a stock, that has formed a W bottom pattern which is a bullish pattern, has good long volumes, and delivery data is also convincing. It...
Hello Traders, Ashoka Buildcon, while riding the trend, which is reversal from the trend line has picked up big volumes. It can be traded for 14% profit within a week or so. It can be traded as follows:- CMP, Entry price: 101 SL: 94 (Weekly closing basis) Target: 114 Happy Trading!
Hello Traders! This stock has gained tremendous volumes and has clearly broken out. This can still be bought for target of 1925 CMP, Entry: 1600 Target: 1925 SL: 1384 Happy Trading!
Hello Traders, Adani Power doesn't seem to pose any resistance above 104 till 113. And has also picked volumes recently. Considering this we can expect the moves for a trade as follows:- Entry: 102 Target: 113 SL: 97 Happy Trading!
Hello Traders, Bata India has moved up breaking above its all time high. With volumes picking up, we can expect it to give it a further upmove. WIth 3:2 RR we can trade it as follows:- My trade would be placed a follows: - CMP: 1835 Entry price: CMP or 1835-1841. Target: 1985 SL: 1736 (Daily closing basis) If it opens at a lower price I would wait for Bata...
Hello Traders, AUBANK can be a good trade at the moment. Its closing price on Friday was 1182 It can be traded as follows:- Entry price 1191 SL: 1123 Target: 1293 Supporting pointers:- Recent rejection from monthly resistance levels of 1142 and 1123 Volume picking up
Hello Traders, PEL I traded today and again will enter tomorrow. The price entry remains CMP: 2782 or wherever I can catch it after 9:20. In case of downward move the 9/21 EMA rejection on 75 minute chart will be my entry point around 2730. SL: 2503 Target: 3120-3200 No complex logic. Prie action and volume momentum Happy Trading!
Hello Traders, Tata Motors has exhibited clear upmove graph. Post Inverse head and Shoulders formation it has given a breakout. Now I am certainly entering the trade with following strategy. If stock continues non-stop upmove:- Then I will enter the trade when it crosses above 329 around 330 If the stock consolidates:- And takes a rejection at 9 EMA...
Hello Traders, My favourite trades are the ones where price is supported by large volume candles. And NIAM is again exhibiting the same characteristics on its graph. Has been moving up constantly after the infamous covid market crash. My trade is as follows:- Entry price: 442 SL: 428 (Daily stop loss) Target: 465
Hello Traders, United spirits again has displayed good momentum, in price and volume both. I would enter the trade but the entry levels depend on 9 EMA for daily chart. I would keep an eye on the stock and wait for some consolidation before it takes the next upmove. Happy Trading!
Hello traders, For traders with moderate risk appetite, this can be a good trade. Has shown volume, volatility, and momentum on all time frames. With RR of 1:1.5 I would trade it as follows if it shows a strong upmove in 15min chart and my levels would be as follows:- Entry price: 576 SL: 530 Target: 650 Happy Trading!
Hello traders for the above reason this looks like a good candidate. I would attempt the trade for further 10% upmove. Entry: when stock crosses above 47.80 under 48.10, I would buy. Target: 52 SL: 45.50
Hello Traders, VGuard can be traded as follows. CMP, ENTRY: 254 Target: 280 SL: 238