The stock has broken out on the weekly chart and it looks poised for a good run up. As the stock has already moved a lot today one can look to enter at dips between 100-105 and aggressive buyers can look to enter at CMP for targets of 128-142-162 on a positional basis with a stop loss below 90 on a weekly closing basis. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN...
A clear breakout in the weekly charts , one can go long only if the stock breaks last weeks high of 1330 with a stop loss of 1150 on a weekly closing basis . The stock can go up to the levels of 1450-1650 on a positional basis . NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE...
This is the monthly chart of NSE:GLENMARK and you can clearly see a breakout in July followed by a retest and now a continuation of the move. The counter looks strong and one can look to buy on dips for a favourable risk to reward ratio as the stock has moved up a lot with a stop loss of 680 on monthly closing basis for targets of 1000-1200 in the coming...
The stock is looking very strong on the weekly charts and it has completed the retest post breakout today and is getting ready for another big move. One can look to buy on CMP or add on dips till the levels of 590-600 for targets of 740-840-920 on a positional basis with a stop loss of 530 on weekly closing basis. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN...
A clear breakout and retest on the weekly charts and the stock is on halt before a big move to the levels of 95-120. One can plan to go long on CMP or buy on dips with a stop loss of 70 on weekly closing basis below which the breakout will fail. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR...
The stock has broken out on the monthly chart and is consolidating before a big move. It is a slow mover so one can look to buy on CMP or buy on dips between 3050-3250 for targets of 3800-4400 in the coming months with a sl below 2550 on a monthly closing basis. It is a slow mover so one should patiently buy and hold. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN...
The stock has broken out of multiple weekly highs and after giving a good weekly close the stock is now retracing back before another big move. One can look to go long on CMP or any dip till the levels of 95 with a stop loss of 85 on a weekly closing basis below which the breakout will fail. One can expect targets of 115-130-150 in the coming weeks. NOTE: NOT...
The stock had broken out on the monthly chart and after the breakout is now completing retracement at current levels. One can look to buy in the range of 38-42 for targets of 50-65-80 on a positional basis with a stop loss below 35 on monthly closing basis. The current market sentiment is weak so it is advised to look at the long term and invest rather than aim...
The stock looks very strong on the weekly chart and is breaking its long consolidation since 2019. If the stock manages to close above 70 this week and breaks this weeks high in the coming weeks one can plan to go long for targets of 82-90-100 on a positional basis with a stop loss of 65 on a weekly closing basis. The stock has moved about 9% today so its better...
The stock has broken out on the weekly chart but for the breakout to be confirmed it has to break this weeks high that is of 14.35 then only one should plan a trade here, if it breaks the high one can look to buy there or one can wait for it to retrace to the levels of 12.5-13.5 then plan an entry with a sl below 10.5 on a weekly closing basis for targets of...
A clear breakout on the weekly chart. If sustains today and crosses today's high on monday the trend will continue till 110-130 where any retracement below the levels of 90 is an opportunity to go long on positional basis with 80 acting as a strong support on daily closing basis below which the breakout will fail. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN...
LUPIN looks good on weekly charts for swing trading , If closes above 990 tomorrow i.e 4th aug 2023 and on monday(7th aug 2023) if it crosses fridays high then it can give a good move till the levels of 1130-1200 with 960 as a support on closing basis below which it will become weak . THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH...
A clear breakout with volumes on the weekly charts. The stock looks good on dips till the retest levels of 160-165 for targets of 195-215 on a positional basis with a stop loss of 145 on weekly closing basis below which it will turn weak. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL...
The stock has broken out on the weekly charts and is consolidating before a big move . One can look to buy on CMP or add on dips till the levels of 120-125 with a stop loss below 105 on weekly closing basis for targets of 160-170-200 on a positional basis. The real estate sector is in focus so with that in mind it looks good. NOTE: NOT SEBI REGISTERED. THIS IS...
The stock has reached its all time high levels and is now trading in an open territory with no resistance but as per the data suggests the stock has seen aggressive call writing at the levels of 1100 so the stock can see a halt there but before that the chart looks strong and a clear breakout on the weekly charts has been seen. One should look to buy on dips for...
The stock has broken out on the daily chart and has also broken out of a head and shoulders pattern as seen on the chart. One can look to buy on CMP for targets of 100-110 with a stop loss below 82 on a daily closing basis. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE...
The stock has broken out of a trendline from where it was getting rejection and the retest was done today. One can look to buy at CMP for targets of 76-80 with a stop loss below 64 on a daily closing basis. It is a trading bet and not a positional call. NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR...
The stock has formed a base and has broken out of it on the weekly chart. One can look to enter once it breaks 899.65 i.e the previous weeks high for confirmation or wait for it to retrace to the levels of 750-800 since it has already moved more than 25% in the previous week. The targets that can be seen are 990-1150-1300 on a positional basis with a sl of 690 on...