KAJARIA CERAMICS is been on downtrend for long time. Its taking support and building a strong base at 572 zone. The stock looks good for reversal. Wait for a green candle to break it the candle high of 582 and go long. SL and Targets are in the chart.
Levels explained in the chart
Gail bouncing from the support Once T1 is reached, Trail the stop loss to protect the profit
NBCC reversing with decent volume and big green candle. On Friday Feb 23, 2018 it spiked due to the news of NBCC signing MoU with finance ministry for housing project. Its a fundamentally sound script received good beating in recent correct. Time to go long.
COLPAL received beating in last few trading session. On Oct 18th it showed sign of support and bounced back from 1028. Entry: 1028 (buy range 1028-1040) Target: 1117 SL: 1006
Reliance Capital is on free fall for almost a month and on Friday 13th came down to the crucial support. Entry: 560 Target 1: 609 SL: 520 Target 2: 683 SL: 576 Entry can be taken when it crosses the day high of the previous candle. Also, Since the stock is in a downtrend. follow this with strict Stop loss . This is low risk High Reward setup if it reverses...
TATACHEM completd bearish BAT on point D and got the confirmation of downtrend once the Red candle appeared after point D. Trade Setup: Entry: 642 Target 1: 613 SL: 658 Target 2: 593 SL: 622
Trade Triggered Entry:831 Target 1: 782 SL:850 Target 2: 747 TSL: 804
Aitel just broke first support but is in the zone with multiple support. Its a positional buy at or around 400 for target of 435 with stop loss at 380.
Identify Bearish Butterfly Pattern
It completed the Gartley pattern at D and started moving down. The trade activated when it hit 492. The trade is On. Entry: 492 Target 1: 478 SL: 502.53 Target 2: 466.37 Move SL to: 488
UPL is taking support between 808-810 multiple times. It was ready to move up today before second half Nifty wide selling pulled it down. Tomorrow, on 14th Sep, Watch for green candle first thing in the morning and take a long position. Entry: around 810-812 Target 1: 833 (if trend looks stronger 840 or look for Target 2) SL: 802 (or 791 if you still want to be...
Short at Confirm Red Candle Entry: 333 Target 1: 324.97 SL: 338 Target 2: 319.03 SL Moved to: 329.16
EXIDEIND went down sharply today (Sep 13) due to the sharp selling in almost all Nifty Stocks. It reversed from the support zone around 216. on 14th, watch the candle and enter on the green candle. If its shows downtrend, enter if it rebounds from the support. Entry: 216 Target 1: 228 SL: 215 Target 2: 231 SL: 224
Have been looking to get into ITC once it come close to 280 or below. I got my chance on Sep 6 and entered Sep at 277. Fast forward Sep 13, the stock is showing weakness and showing tendency to consolidate between 270-275 or possibly go down furhter if it breaches 270 on the downside. Deployed the hedge by selling 275CE. Will be tracking it and updating the position.