05-09-2024 13:55. Trade entry @ 634. Stop loss 610
Mazagon Dock. Good results. good outlook for the future. Waiting for breakout and close above 20 Day moving average. Standard pole and flag. Possibilities of a retracement to 50 dma before giving a breakout. Accumulate. ## Educational purposes only.
Consolidation in TataMotors Scrip since March 2024. 2 Tradeable Scenarios are possible here. Scenario 1: Another correction to the lower end of the flag and then a bottoming out and eventual break out of the upper end of flag. Scenario 2: Breakout and Consolidation/Retest of the upper end of the flag and continuation upwards. In any case, technically, it looks...
Technically, a very nice consolidation of 3 months. Breaking on the upside, and a very good close on 01/07/2024. Buy here, around 200-205. Stop loss 191( below the low of the handle). And targets of 218 and beyond based on reward/risk ratio of 2:1. Only for educational purposes
Bharat dynamics is in a strong uptrend with momentum. One can take a long right now, or above 1650. Stop-Loss will be at 1480. Targets of 1900 and beyond
Share price of ITERGLOBE AVIATION, has been consolidating between 4350 and 4200 for a month now. If price breaks above 4350, it can be a good opportunity to enter a long trade with a stop loss of 4150. Holding onto the trade and trailing stop losses is advised for this trade, since it has gone through such a long consolidation, hence the move could likely be...
Technical: 10/07/2024: PFC Closed at its all time high levels above 560. The Daily price action has formed an inside candle on 09/07 and an outside candle on 10/07, but closing above the previous two days' highs. Which shows strength in the counter. Possible scenarios: SCENARIO 1: Any Daily close above 567, and any bullish price action above and around 570 could...
Fundamentally, with tarrif hike raises and equity generation through fpo and stake sale in Industowers. VI looks like its on a recovery mode. Possibilities of a turnaround in a few years. Similarly, technically, on a long term basis (weekly and monthly charts), there is a cup and handle formation which has been broken on the upside, and the price is holding above...
Rising wedge pattern on ICICIBank. Waiting for the trend line to break. First Target 360, 2nd Target 350, 3rd target 340. Waiting for confirmation...