The stock re-tested its crucial resistance turned support at 567 and rebounded making a Bullish Engulfing Candle on daily TF. Positional: Buy above 607 for 615, 620, 630, 640 with SL at 597
Cipla shot up despite horrible earnings figure. I reckon there is time for some correction here! Positional Sell below 755.6 for 750, 745, 740 with SL at 765
Double Bottom can be seen with 2 attempts at breaching the support at 295 resulting in large volume Short Coverings later. Positional - Buy above 305 for 310, 315, 320, 330 with SL at 295 Short below 290 after confirmation of support breach.
BASF is sitting just below a crucial support at 1280 on its fall. Sell below 1265 for 1240 (50DSMA), 1225, 1210, 1200 with SL at 1280 Disclaimer: These are NOT trading advice! The intention is to gather feedback on them, so please drop in a comment if you find areas of improvement. & If the idea makes sense to you - like it & share comments :)
Sell below the day's low as indicated on chart.
Sell Below 105.3 with a 1 point Trailing SL for 104, 102, 100 with SL at 106.35
The stock has several resistances lying ahead of it & it is sitting at a crucial resistance/support at 51.35. Positive news: 1. Defense spending 2. Earnings coming up 3. Its British subsidiary made EV Buses delivery for London's equivalent of DTC/BEST; With Delhi's EV policy shaping up + Anti-China sentiments deeply ingrained; it's an Indian front-runner for...
Buy above 414.5 for 420, 425, 430
Buy above 35.3 with SL at 34.45 Sell below 34.45 with SL at 35.3
Interglobe Aviation approves fundraising via QIP; company to raise up to Rs 4,000 cr (From Agencies) The day candle is suggestive of an upward movement. Buy above 957 for 965, 975, 980, 990, 1000
Buy above 970 (Day High) for 980 (50% Fib Retracement level), 988, 1000 & 10 point TSL after that till 1055. Sell below 953 for 945, 940 (Long term Value Price), 930. Refer the linked LT idea on more details on LT Price Action & Fib Retracement Disclaimer: These are NOT trading advice! The intention is to gather feedback on them, so please drop in a...
The stock is on a consolidating uptrend after taking support from 50DMA. Positional Trades: Go long above above 163 for 165, 168, 170 with SL at 160. Short below 160 for re-test of 50DMA with targets of 158, 156, 155 with SL at 162 Don't take directional positions in case of Gap up/down openings. Follow 15 min ORB. Disclaimer: These are NOT trading advice!...
Positional Ideas: Re-Test Buy Strategy: Buy above 1120 for 1130, 1140, 1145, 1150 with SL at 1100 Sell below 1065 for 1050, 1040, 1030 with SL at 1083
As explained on Chart Buy if it breaks 87.6 for 90+
Apollo Tyre breached a long term Resistance at 119.6 with high volume. Overall outlook is bullish on the backdrop of good results. However, a re-test should be on the cards. Short below 122.6 for 120, 118 with SL at 125 Buy above 125 if it continues on Bullish mode.
Buy above 740 for 748, 750, 752 with SL at 735 Sell below 724 for 715, 705 with SL at 733
Short below 711 for 700, 690, 675, 670 with SL at 724