So far the stock has bounced off a key support and off the golden ratio. As long as the stock stays above 390 all is well with the stock (for those holding it already)...The stock is also at the 200WEMA currently. Wait for a bounce before taking any new speculative long positions.
Normalcy seems to be resuming in this company. The results are turning back to normal. Buy between 138.50 - 140 with a SL below 130.
Metals seem to be on an upcycle and prices of their products seems to be taking a price rise. Flag breakout on friday. Long at CMP. SL 315. If the price can cross the marked price of 356, i would double my position and then ride the momentum. Also as visible volumes are up over the last couple days.
Breakout with high volumes while news that metals are doing well fundamentally as well. Long as CMP. SL below 295.
Long at CMP. (67.25) SL: 65 Target: 71. Stock bounced at a previous support which also having a +ive divergence on the RSI. Ps: A lot of trades are more short term these days because of american elections when historically volatility is always high. Covid uncertainty adds additional volatility hence shorter term trades.
Technically the stock is showing strength with higher volumes pre results (Always a good sign). Metals in general seem to be in high demand. Long at CMP with SL below 515. WIll double my purchase above marked price of 570. The stock also has a convervence of moving averages on both the daily and the weeklies which often signifies a sharp move could be coming.
A lot of people like to buy stocks which are at a box support. Chalet Hotels seems to be one such stock. The stock has always taken support around 127 over the last couple months and did so again. Buy at CMP with SL below 125. As unlock India keeps happening this stock could keep going well.
Long above 312 once it breaks out. Stock is close to gaining momentum. It has been above its 200EMA and taking support there often now. (always a good sign) SL: below 300.
A stock popular among a few marquee investors. Capex cycle has been complete. Now this company should become a cashcow. Stock is rebounding off its 200EMA...could first hit resistance at 116 (200WEMA). Post that 127 which has been a resistance multiple times. If it manages to take 127 out it could lead to a huge breakout. As guided by the management, the...
A much talked about stock both by bulls and bears equally. If ITC breaks below 166 it could be a good quick short term trade for 157. SL above 171. Short only below 166 not before.
The stock just broke out. It is also in the news because of the vaccine. Long with a stoploss below 410.
Watch for a bounce on IOL around 700. If it bounces around there and starts moving higher again it could continue its momentum. Post the bounce Keep a SL of about 3%. Don't forget to double down your position if and when it has a flag breakout above 840.
Not the ideal triple divergence coz the prices are slightly off and the stock isnt at multiple year lows but this stock could've potentially bottomed out. Can go long with a SL below 360.
An value pick of mine from lower levels. Technically it had broken out recently..nw it retested the breakout and bounced from there.. Also confirming that the 200EMA could act as a support going ahead. Long at CMP with SL below 200EMA (1025 for traders) and (975 for those with a longer term view)
A covid affected stock which is otherwise growing and the industry does command high valuations. Long only above 415. SL below 400.
Long above 912. I already on this stock from lower levels and this stock has a long term breakout. (20 year breakout) Good to be in the stock with along term view.
Long above marked price (987-990) with SL below 945. Looks good for a move in the short term.
A fundamentally sound company with a super management. The stock could be due its next leg. It had a recent breakout retest and successfuly bounced. Long above 900% SL 3-5% below purchase price. Its not a trading buy but more for an investment kind of play.