If Ethereum breaks beow 2350 it could face another fast fall and maybe fell to even 1750. Its consolidating in a zone since 6 sessions now with a downside bias. SL 2570.
With corn prices shooting globally this could be a good proxy trade for the same. Long as current price..SL 7% below.The stock seems to have better relative strength than the market + breaking out of a consolidation. Only caution is results around the corner.
Massive expansion coming online + paper prices are up. The stock could break out and move sharply..Long above 233..but this stock is alittle extended so could first correct before moving. SL below 220.
With inflation up, war like scenerios in the middle east and around russia, stock markets falling (nasdaq now offically below the 200EMA).. = Uncertain Times Gold is now close to a breakout zone (Triangle breakout). Long above 1850. SL 1800. Would even make a good hedge for your portfolio.
With the stock already having broken out of a HTF pattern plus metro shoes posting an exceptional quarter Mirza might run up a lot further in the very near future. The stock is anyways in peak momentum. Long above 164.50 with SL below 152. Because the SL is deep no more than a 5-6% allocation.
After a long consolidation and close to when capex comes online fairchem org has started showing strength again. There is a breakout on the charts. Long at current price with SL below 1975. Would double the position above 2200.
With RIL and JM financial taking over the company..can we now start seeing the magic of begin here? Massive breakout with large volumes. Long at current price.. only 4% allocation at max because SL is below 31 which is very very deep.
The stock has broken out of a descending trendline/channel and also crossing over from the 200EMA. The next step to cross is the VWAP at 148.95. I am extremely bullish on the stock as long as it can stay above the 200EMA. Long at current price..SL below 139..
Iron Ore prices have bene rising again and Sarda could benefit from being a pellet play. The promoter has come out in Dec in a TV interview saying its a decent quarter. The stock has come off its highs..bounced off a key Fibo level and could now breakout of the descending triangle. Long above 815 with a SL below 780. Volumes seem to be picking up as well.
The stock has bounced off multiple supoort levels. A long term trendline, a key fibo level and now has also crossed back above the 200EMA after the bounce. If like many are saying Omicron remains rampant more indians will be travelling domestically. Long around 197/200 if the stoc bounces from the 200EMA. SL below 185
The stock has been trading in a range for the last 6+ months. It could break out now and catch momentum. Long above 2935 with SL below 2840.
The stock has crossed back above the 200EMA while over the last 2 weeks also taking support at the 200WEMA. Additionally there is a huge RSI positive divergence. Long at current price. stoploss below 160.
There is a darvas box breakout above 900. Longabove that price with SL below 825.
Flagbreakout going long above 1210. Being a volatile market i'd only buy half here and add more once it makes an all time high above 1275. This stock wouldn't be a trade but a chance at a longer term investment so the SL would be deep. SL would be 1089. Once the 2nd buy is made shift the SL to 1200.
If the markets tend downwards again this stock could make for a short candidate. Short below 1590 with SL above 1640 First target 1530/1540. If it breaks below that the floodgates will open on the downside. In markets like ours short trades are always short term trades.
With NTPC having announced its willingness to treat its renewable business as a different entity it could be a game changer for the company. This stock has never recovered its 2008 highs also so its been one of the greatest underperforming stocks in our markets. During the course of the year if we do manage to pass the powerbill that could be the biggest trigger...
Most largecap IT stocks have been showing strength. They are also among the stocks being most accumulated by domestic mutual funds. Long above 1840 with SL below 1730. This is a short term momentum trade for a Fibo + ATH breakout.
Among the sectors which has been under performing for the greater partof the last decade. Sun Pharma above 855 could start to catch momentum and continue to move much higher. I would pyramid upwards above 900. SL for the first part of the trade (buy at 855) would be 780. Once the 2nd buy is made SL can be shifted to 855.