After the bonus issue, Wipro is setting up again -Forming a base right at a resistance level. -Narrow Range candles. -Dry Volume. -Stock is in an uptrend. -Could be a potential stage 2 Wait for the entry to trigger for a fresh entry. Wait for a confirmation of stage 2. Entry: Above 315 SL: 283 day closing basis. Risk- 9.7% Potential Reward: 18% RR:...
⚠️Risky Bet. 1. Early Entry above 264. SL 215. A retest of 240 levels is possible. Any signs of retest and reversal are an entry opportunity. Retest Level. 240 Or 2. Wait for a fresh breakout above 282 for an entry. SL Below the breakout candle. These are my views and my way of doing things. Please do your due...
✅It is at a support level and available at a discount. ✅For long-term investors, Dmart is at a decent value. ✅Decent Fundamentals/Good Management ✅Positional or Swing traders can look for long entry above 3985, provided it gives a good candle with good volume. Remember: ❌Stock is beaten down with the advent of digital shopping...
Risky proposition. Microcap company. Exhibiting good Pricie Action. -Rounding Bottom. -Darvas Box Breakout -Breakout with Huge Volume. -Wide Range Clean candle without any wick -Dry volume when pulling back. -Break Away Gap. We talked about the positives now let's dwell on the negatives. -Ideal entry missed. -micro-cap company which increases the risk...
Jubilant Ingrevia looks good at CMP. Levels marked on the chart. Please study the chart.
Positional/longterm candidate. Very Deep SL(26%) so do not bet big and buy at once. Slowly expose. Position size properly or else good chances of burning your hands. -Narrow range candles forming at a resistance level -Wait for a breakout with good volume and a wide clean candle. Safe traders wait for a day close. Study the chart and make a decision. This...
- At a support -Good ROE ROCE - Risk 11% Updater Services Limited: UDS Operates as an integrated business services provider in India, offering solutions in facilities management (IFM) and business support services (BSS). It caters to industries like hospitality, manufacturing, and IT, providing services such as housekeeping, pest control, logistics, staffing,...
Forming a very good pattern. Entry-exit and SL are mentioned in the chart. Debt-free (NBFC/Insurance/Capital Markets), company. Looks promising. This is not a Buy/Sell recommendation. Kindly do your due diligence before investing.
Good structure and pattern. - Broke out of Darvas Box -VCP and CnH on DTF. Entry exits are mentioned in the chart. Volume needs improvement. This could be a good positional candidate. keep it on the radar. The chart shared is just for educational purposes. Please manage risks properly and position size accordingly.
Keep an eye on IRFC -Forming double bottom at the support level. -Slight improvement in volume. -If closed above 162, it can bring in positivity and momentum. Positional SL is 15%. Adjust the SL and Target as per your trading Style/Risk appetite.
-CnH in DTF. -Candles are getting narrow. A breakout from this small base can take it to 25k soon. On the other hand, a breakdown from this base can bring some weakness. This is not a buy/sell recommendation. The chart shared is just for educational purposes.
After a CNH breakout and retracement,Zaggle broke out from a bullish Flag and Pole pattern. Keep this on your radar as a positional bet. SL is deep. Position size accordingly. This is just shared for educational purposes. Please consult with your financial advisor before trading. The market is very weak and election results are due, anything negative can...
#Newgensoftware. Looks promising. - At trendline support. - Good RR setup. -Pull-back volume is low. -Risk is 10% ❗️It is trading right below 50 DMA. ❗️Market is still sell on the rise. Trade with limited quantity. Most of the setups are prone to failure in such market conditions. Add this to your WL and study. The chart is shared only for educational...
It just broke out of consolidation. Looks good positionally. If 1968 is broken then can add further or look for fresh entry. The market is yet to give a clear indication of a reversal. So please trade carefully. The chart shared is only for educational purposes. Risk: 12.4% Reward: 24.6% RR: 1:2
For: - Darvas Box -Vcp -C&H -Potential Stage 2 Breakout. This is apt as a positional trade hence the SL is deep. Add 30-50% at breakout and add the remaining after a retest. Please study the chart and do your research. Please position the size properly since the SL is deep.
-Broke out of a base -Volumes picking up. Add at CMP and wait for a retest. Further addition or fresh entry is possible again if it breaks out from 120 level. Watch the Price action at that level. This is not a buy/sell reco. Please do your due diligence.
Watch the levels marked in the chart. Risk is close to 11% CMP: 212 This is not a buy/Sell recommendation. Please do your research before trading.
-Forming a Head and Shoulders. -Stock is in an uptrend. It is now trading very close to ATH. Watch the PA around this region and look for long positional opportunities once the stock crosses ATH(772).