The stock is formed a symmetric triangle and if resistance is broken a further up movement can be seen i guess. RISK: THERE HAS BEEN LOT OF NEGATIVE NEWS REGARDING THE STOCK AS U CAN SEE A LARGE RED CANDLE WHICH FORMED RECENTLY. SO< THE TRADE IS HIGHLY RISKY AND BETTER TO KEEP A VERY VERY STRICT SL. NB: This is not a stock recommendation, just sharing my view only.
The stock has bottomed out and is now near to the previous high level. if it is broken we can see a good up movement. Since FMCG sector is been in a bearish mode for past 2 trading days, trade may take more time. Also a cup shaped pattern can also be observed. SL can be placed according to personal risk apatite. NB: This is not a stock recommendation, just sharing...
The stock has been consolidating for the vaccine outcome for reopening of theaters for revenue. Now that most of the states are opening theaters i think the stock which is on uptrend can breakout and make higher highs. SL is placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view only
After giving some awesome return from march, the stock was on correction. Now after bottoming out stock is ready for breakout and moving up. All the pharma stocks are consolidating for long time. Probably they will start moving next week. There is a cup like structure also. SL can be placed according to personal risk apatite. NB: This is not a stock...
After giving good return a bull run from march, the stock got good correction. after bottoming out during the correction, stock is now up for new run by forming the cup and the handle pattern. Since this stock being fundamentally good it can move up and give good returns in short term. Today it broke the old high and it can move up to make new higher high. NB:...
The stock is on an uptrend and had correction for sometime and now back to original trend by forming a reversal pattern on daily chart. Breaking the neckline and closing above that may be the time for entry. stop loss can be placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view only.
The stock is forming an ascending triangle and trying to break it to go on higher side. SL can be placed according to personnel risk apatite. NB: This is not a stock recommendation, sharing my views only.
The stock bottomed out and started moving up for last 2 months. Now the 5G spectrum is coming up, it can move up and it is showing strength near resistance. Also there is a cup pattern present. SL can be placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view.
The stock got corrected by testing the resistance level previously and we can see it is coming for testing the resistance again. If resistance is broken and sustained we can see an up movement. The stock is a channel trading one so holding on for too much time won't do any good unless the upper channel is broken. SL can be placed according to personal risk...
The stock has been consolidating for long time, and it has been in downtrend for some time before corona, so if it crosses the previous high created bullishness is established. SL can be placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view only.
Stock has been consolidating for long time since there was very less train services. Yesterday there was a news that almost all trains are going to start and 90% occupancy on currently running ones. So i am expecting a good breakout and if today the candle closes above the resistance in a proper bullish candle, expecting a good movement above that. SL can be...
After consolidating for long time, the stock is trying to move up and since market is highly bullish i am expecting a good breakout. Trade might be short time. SL can be placed according to personal risk management NB: This is not a stock recommendation, i am just sharing my view
After bottoming out due to correction mgl is ready for next bull run. keep a good SL to avoid Stoploss hunting that may come due to upcoming nifty correction. Even in this pattern we can a flag also.
All the multiplex theaters are consolidating for longtime. some places have already opened theaters with strict covid rules. I guess any proper vaccine news can move them up and giving a breakout. Inox formed a symmetric triangle, which when breaks the resistance along with volume activity may be the indication of Long entry. stop loss may be placed according to...
The stock is in uptrend and was consolidating for long time and there by forming a symmetrical triangle. Breaking the high/the resistance zone can be the start for new creating new higher high. Stop loss are placed according to personal risk management. NB: This is not a stock recommendation, just sharing my view
The stock was on downtrend for sometime and recently broke out creating a high and then consolidated to form a bullish flag. I believe the stock can go more high again. SL can be placed according to personnel risk appetite. NB: this is not a stock recommendation, just sharing my view only.
Tata steel recently had a incredible Bull Run from 420 range to 620, after taking a small break it is now ready for next run. The Bullish flag, break of the long time trend line and the sudden up rise in the 20 DMA validates this ; And by seeing the length of the pole and the tiny body candles of flag, i guess we can expect a good run from there once the high...
The stock is forming a symmetrical triangle pattern and if you can check in weekly time frame there also it is same. Breaking the resistance with volume can be the time for entry. Stop loss can be placed according to personal risk management. NB: This is not a stock recommendation, just sharing my views only.