paras0408

paras0408 Updated 

SBI has formed Double Bottom Pattern and started to gave a breakout from 568 as that was resistance line. Based on the pattern target can be set as 625-630. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408

Jubilant Foodwork has given a channel breakout and also formed Cup & Handle Pattern. #Current Price - 545 #Expected Target - 651 #Resistance Based Targets - Target 1 - 557 - Target 2 - 586 - Target 3 - 625 - Target 4 - 651 #Support Based Targets (Can be used as Stoploss) - Target 1 - 505 (For low risk tradders) - Target 2 - 480.5 (For risk taking...

paras0408

Container Corporation has given a channel breakout and formed Cup & Handle Pattern. #Current Price - 730 #Expected Target - 870 #Resistance Based Targets - Target 1 - 750 - Target 2 - 780 - Target 3 - 814 - Target 4 - 870 #Support Based Targets (Can be used as Stoploss) - Target 1 - 688 (For low risk tradders) - Target 2 - 663 (For risk taking...

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Tata Power has formed reversed Head & Shoulder Pattern. #Current Price - 234 #Expected Target - 275 #Resistance Based Targets - Target 1 - 233.5 - Target 2 - 240 - Target 3 - 247.5 #Support/Stoploss - 219 Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI...

paras0408 Updated 

Tata Steel is forming a Symmetrical Triangle Pattern and as per expectation it should give a breakout from 113. Based on the pattern, one can enter after the breakout above 113 and a target can be set around 194 with Stoploss to be set around 102. This gives us risk to reward ratio of 6.9. Pattern is forming on weekly chart with horizon of 2-3...

paras0408 Updated 

HIUDCO formed a Cup & Handle Pattern and started give breakout from 59 level. Stock can be accumulated around 59-60/61 level. T1 is expected at 67 and T2 is expected around 73. Overall expected target is around 77. Set stoploss at 54.5 and increase the stoploss when stock moves up. Pattern is tracked on daily chart. Disclaimer: This idea is only for education...

paras0408

Wipro is forming a reversed Head & Shoulder Pattern. #Current Price - 414 #Breakout Price - 425 #Expected Target - 495 #Resistance Based Targets - Target 1 - 443 - Target 2 - 481 #Support Based Targets - Target 1 - 414 - Target 2 - 399 (Stop Loss) Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your...

paras0408 Updated 

Ujjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level. Stock can be accumulated around 36-37 level. T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53 Set stoploss at 28 and increase the stoploss when stock moves up. Pattern is tracked on weekly chart. Disclaimer: This idea is only for...

paras0408 Updated 

Motherson Sumi Wiring India Ltd has formed reversed Head & Shoulder Pattern. Can be added around 54-55 with target of 62 and set Stop loss at 52. Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

BEL is forming a Symmetrical Triangle Pattern. As per expectation breakout could happen from 129 level. After the breakout one can enter around 129-130 level with expected target of 143. Also one should set stoploss at 126. Pattern is forming on hourly chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not...

paras0408 Updated 

BANK OF BARODA has formed Ascending Triangle Pattern and started to gave a breakout from 169 as that was resistance level. Based on the pattern, one can enter around 180 and target can be set around 223 with Stoploss to be set around 160. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

BEL has formed reverse Head & Shoulder Pattern and gave breakout. Can be added around 106-108 with expected target of 120 and set Stop loss at 104. Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

CONCOR has formed Cup & Handle Pattern and started to gave breakout from 625. Can be added around 625-635 with expected target of 690 and set Stop loss at 600. Pattern is forming on hourly chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

Britannia Industries Ltd is forming a Symmetrical Triangle Pattern as it is about to give a breakout from 4600. Based on the pattern, one can enter around 4600 after the breakout and target can be set around 6250-6300 with Stoploss to be set around 4200. This gives us risk to reward ratio of 3.99. Pattern is forming on weekly chart with horizon of 2-3...

paras0408 Updated 

MOIL has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 157-158 with target of 170 and set SL at 153. This gives us risk to reward ration of 1:3. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

Central Bank of India has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level between 28 - 29 with target of 33.5 and set Stop loss at 26. Pattern is forming on hourly chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

Cochin Shipyard Ltd has formed Cup & Handle Pattern. Can be added after breakout around 555-560 with target of 700 and set Stop loss at 527. Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.

paras0408 Updated 

RCF has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 110 with target of 125 and set SL at 103. This gives us risk to reward ratio of 2.17. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.