NTPC has broken out of long time downtrend VERY STRONGLY!
Quite a defensive stock. NSE:NTPC
Good time to go long. Analysis on 1D timeframe suggest around retest of 128 to Consolidate and BUY.
Risk within your apetite only!
Not to Predict future here, but it seems like a good setup for H&S, Retest and Fall.
Technically Graph Seems performing well. and it respects Fibo levels to the appx.
Entering a short around 1380 with timeline for next month expiry seems an Opportunity!
Always Risk within your appetite only!
Technically Sound to go up at bottom of Uptrend channel.
Oversold past few months.
Buy only after huge Demand and Retest around 300.
Fundamentally, Good outlook to produce profits as Crude oil shipping has seen increasing demand with backbone of Manufacturing requirement output higher than 2020.
Risk Within your apetite only!
GAIL is an uptrend currently near bottom of Elliot wave. Technically looks strong for an upward move upto 175
Strong Support around 145 would also let some time to kool off RSI OverBought for Jump seen during Results.
Fundamentally, GAIL has 85% of its revenue for Natural Gas Trading and Transmission/Distribution.
With Natural Gas making higher highs of above...
Zee entertainment has made a CUP n Handle (Yet to breakout). Also at bottom of Major Up-trending Channel.
Technical Breakout is nearby. Possibly Upwards let it retest and BUY.
Short Interval target would be 290. or upto 320.
Fundamentally the company has reduced Debt. and is still held by a lot of Major Portfolios.
For e.g. We did watch in past months , due to...
I believe Amara Raja Battery is completed with breakout confirmation .
After or during Jun Results around 2nd week of August we would see a good momentum build up to Go LONG
Wait for Confirmation around 700. Once Volume builds up.
GO LONG --> Long Term Bullish.
Risk Always within your appetite only!
Airtel has a strong bullish sense.
Volumes are increasing and its at a critical point of 570 range. if it breaks up it'll target very higher making new 52 high
Target 680 if Bullish long term.
Do trade your own Risk factor!
As it has jumped back into Channel with Strong Volume.
It Also broke resistance of 765. this Will be tested as a Support for further movement before going Rocket
With a Target of 800 its a possibly good trade for this and upto next week.
Be wary of AGM around 31.07 we could see some berserk reaction before that
Newbie trader throwing out some trade ideas.
What Do you think of this BULL angle for Long term.
i know its dependent on strength of DXY, and US report fluctuations but this is a far fetched idea spanned over weeks. So a possibility out there for Bulls to Ride it .