hjharsh

hjharsh

National Aluminium is already in a strong uptrend. Reason behind the swing: 1. Taking a support over the drawn trendline. 2. Morning star is made on the trendline support. 3. 55 EMA support. 4. Earnings announced are also good. Entry will be when it gives a closing >=104 , as it may took a resistance from the zone of 102-104. Entry : when closed above...

hjharsh

1. Flag and pole pattern is clearly seen in the chart. 2. Today on 10th of november it breaks out the flag with a good bullish candle having good volume, higher than 21 day average. 3. Now it may give a retest in before picking up the momentum or continue with no retest. So it is good to enter in the stock now , and add more on the time of retest : Entry ...

hjharsh

1. A major trend line breakout happend 6 weeks back, after that continuously in a strong uptrend. 2. On 2nd November it breaks its all time high of 281.35 and closed at 288.10 with a strong bullish candle of 6.23%. 3. Today stock pickups the momentum after the successful retest over the level of 281.25 Details : Buy range : 296-306 Stoploss : 275 Target : 396...

hjharsh

Already in a very strong uptrend , pullback is completed now; 1. Back to it's old support. ( 645-652 ) levels. 2. Formed a good morning star at support. 3. Took a support at 55 EMA. Buy price : 660 Stop Loss : 643 Target 730+ A great risk to reward ratio of above 4. Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any...

hjharsh

Already in a very strong uptrend , pullback is completed now; 1. Back to it's old resistance , where it took good support. ( 880-890 ) levels. 2. Formed a good morning star at support. Buy price : 925-930 Stop Loss : 875 Target 1143+ A great risk to reward ratio of above 4. Disclaimer : This analysis/strategy is only for educational purpose and not be...

hjharsh

It breaks a multi year resistance zone 332-339, with a 7.5% big bullish candle along with high volume . A good swing for short to mid term period. Buy price : 340-350 Stop Loss : 321 with a minimum target of 388. 55 EMA crossed 200 EMA on weekly chart which is also a good sign Disclaimer : This analysis/strategy is only for educational purpose and not be...