manavtechresearch

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-stock created a consolidation base near its 200-ema -after consolidating for months the stock has managed to break above 2020 after a long-time -i am using yesterdays low as a stop for shor-term trade and 20-ema as for a positional trade -note that if stock closes above 2050 on daily chart then the stock opens up for a rally towards 2150-2175 -one can neter...

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-stock yesterday bounced from its 20-ema on daily chart -we are seeing a inside bar pattern on daily chart -by the setup seen on the daily chart stock can see some bullish momentum -one can go long near 663-666 -one can enter a stop below previous day low of 658 -short-term target can be near 675-678 -swing target is near 688-690

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-stock is aour hot pick to track -stock is looking to break above its bearish trendline on weekly chart -close above 198 will give us confirmation -but a weekly close above 200 will give us an additional confirmation -its trading around its 200-ema on weekly chart -can enter into multi-week bull run -if condition fills in then buy around 200-203 -enter a...

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-stock did manage to close above 800 since dec 2018 -we saw a burst after it crosses 800 towards resistance of 845 -wait for a correction -any dip towards 805-808 should be used to buy into the dip -enter a stop below 790 -initial short-term target should be around 822-828 -swing trade target should be @840-853-865 -wait for the dip donot rush in

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-after the stock broke out of a symmetrical pattern on weekly chart -we saw a pullback and retest of the breakout level -this confirmns the pattern -after retest the stock did manage to consolidate and go sideways -last week stock finally decide to absorb the bad news and move forward -we can see good potential upside -buy above 215-218 -enter a stop below...

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-stock after the negative news came down to 203 levels and created a base for a launch -with higher low and lower high formation the stock is trading in a symmetrical formation -stock is looking bullish on the upside after a break above 219 stock can easily rally -one can go long above 217 -with a stop near 209 -initial target near 223-225 -swing...

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-stock has just started to gain movement -a close above 978 on dialy chart simply opens a target towards 1045-1135 -have a look on daily chart/weekly chart given below -we are now trading above the 38.2% retracement on weekly chart -50% retracement is the next logcial target but look at the chart closely -rectangle formation which lasted for 1 year on weekly...

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-stock is consolidating after a all-time high breakout -it is a good sign the stock like explained previously can burst towards 575-598 -let the trendline break and wait for a close above the trendline in 30-min timeframe -then buy with a stop below the consolidation level of 552 -initial target for short term 565-568 -swing target@575-585-598 -wait for the breakout

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-stock recently broke out of its inverted head and shoulders -we are crossing a crucial junction a weekly close(today) above 140 will assure us a move towards 160-165 -one can enter longs near 141-143 -enter stop near 135 -initial target near 146-147(short-term) -positional target @153-157-163

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-the stock after posting great results gapped up -interesting thing is that it is consolidating rather than falling -lower time frame there is a range created -rectangle range formation are continuation pattern -they suggest that the previous trend will continue -one can wait and watch for the direction of the range break -i expect a upside break(above...

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-the stock is entering into what might be a simple dash towards 750-770 -in the past it has been observed that whenever stock moves above 707 -it manages to surpass 750/770 -initially we need a close above 696 -once achieved one can execute positional longs -enter @696-700 -enter a stop below 675 -intial target will be 712-715 -positional target will be...

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-stock has underperformed in its sector -the stock needs a strong close above 1580 for fresh loongs to open up -with minor hurdles @1660-1755 -stock looks good for major upside -wait and watch approach

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-flag is a continuation pattern -expected the stock to break on the upside -one can execute longs on breakout -enter a buy near 3625-3630 -enter a stop below 3588 -initial target between 3650-3665 -swing target is near 3740-3770-3820 -price action suggesting a breakout

manavtechresearch Updated 

-stock was in a good uptrend before the news the stock fel sharp -as expected the stock has sustained the blow and is willing to climb up -the stock is showing symmetrical action -once the stock crosses above 218 it will zoom towards 228-234 -one can enter long near 206-208 -enter a stop below 203 -initial short-term target of 212-215

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-the momentum with which sbi has comeback is strong -it is seen in the past that whenever the stock moves above 290 on closing basis -we see a fresh move towards 320-340 -the way that sbi bounce from its 20-ema on daily chart -three days of negative action taken out by a single bullish engulfing bar -one can entery longs near 296-292 -enter a stop near...

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-icici bank saw a downward trendline breakout on the upside -the stock also managed to capture back its 20/50 ema -looking more like a pole flag pattern icici bank looks strong on the upside -one can go long with @545-548 levels -stop is near day low @537 -target can be @556-563-570 on the upside for short term -in a weak financial market icici bank is...

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-stock as explained earlier had broken out of a bearish trendline -the stock did retest the los of 540-538 -but bounce back to reclaim 550 on closing basis -we have seen that whenever a big private bank breaks all time high -it has managed to rally upto 20% -keeping that in mind one can execute positional long in icici bank -buy near 550-546 -enter a stop near...

manavtechresearch Updated 

-stock is breaking out of consolidation -finally managed to close above 170 -stock is good for a positional trade -one can enter the stock near 168-170 -enter a stop near 165 -target can be 174 in short-term -positional target can be 179-183 -mark up words a close above 184 will lead the stock to 189-193