scorpiomanoj

scorpiomanoj

Weekly chart Cup formation based breakout out with huge volumes. Target 880 + 0.5 (27) = 1035. Stop 800. Aggressive investors can buy 50% now and 50% on any retracement. Conservative investors can look for a possible retracement towards 900 levels. However chances of missing out prevail.

scorpiomanoj

Monthly chart Reveals an upward channel breakout. Any retracements an opportunity to go long. (10300-10500) Keep a watch on the upper line of the channel which is probably the support for the next base. Any retracement towards the upper line of the channel (support) is an opportunity to go long. Drop below the support will be a concern.

scorpiomanoj

Weekly chart 1) Broad Rounding Botoom formation (RdB) completed post which breakout with good volumes observed. 2) Within RdB, H&S pattern with neckline breakout observed. 3) Conservative target of 1075 - (1075-625)*0.5 = 1300 plus 4) Stop at 1000.

scorpiomanoj

Weekly chart 30 ema / 200 ema crossover. Series of HH and HL. Previous powerful resistance broken. Possible target over the next several weeks 1.40. Look to go long in lower time frame on retracements. Stoch 14,3,3 crossovers past pullbacks in daily chart can be used to build up long positions. Do not short on any count.

scorpiomanoj

Cup pattern breakout with above average volumes. Target 550 plus Stop 375. A true wealth generator if held with patience.

scorpiomanoj

Technical details: 1) Stock has last week broken out of an one and half year downward channel with huge volumes and reached a high of around Rs 420. 2) In that process stock's 30 day ema has crossed 200 day ema. 3) CMP is around 385. Fundamental details: Profitability: 1) Current RoE at 47%; Average 3 year RoE at 46.5%; Average 5 year RoE at 35%. 2) QoQ proit...

scorpiomanoj

Rectangular breakout with great volumes. Target 55 plus. Stop 28.

scorpiomanoj

Target 700 plus Stop 525. Breakout with good volumes.

scorpiomanoj

Round bottom / Cup formation in progress. HH and HL formation suggests upward momentum. Broad RH and RS pattern adds more conviction on the long side. Stop 525. Target 650 plus.

scorpiomanoj

BUY ONLY ABOVE 2850. Above 2850 completes W pattern in Monthly chart. Minimum target of 3250 if it crosses above 2850. Stop should be at 30 week ma in weekly chart.

scorpiomanoj

Tata Elxsi CMP 1041 Bias - Long bias. Rationale: Upward channel breakout. Strategy: Short term strategy - Buy at CMP for a target of 1160 to 1200 and a stop of 975. Highest addition of OI seen in 1200 call followed by 1160 call; hence 1160 should act as a mild resistance and 1200 should act as a strong resistance. So strategy should be having a trailing stop...

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Trading opportunity: JSW STEEL CMP 277.15 Target : 297 plus Stop : 265 (below the low of previous candle) Rationale : W pattern breakout. Target : Length of the pole of W X 0.5 + breakout level = 297 plus. Trading Strategy: 1) Aggressive traders : Jan Futures - Lot size 3000; Profit potential around rs 20X3000 = Rs 60,000 per lot. Risk Rs 12 X 3000 = Rs 36,000...

scorpiomanoj

USD INR CMP 63.42 TARGET 61.40 WEEKLY CHART PRICE DROPS BELOW 200 EMA AFTER A MILD DOUBLE TOP. BEARISH MOMENTUM CAN TAKE IT TO THE NEXT SUPPORT LEVEL OF 61.40

scorpiomanoj

XRP CMP 2.71. Cup pattern breakout observed in 4h chart. Target 3 plus

scorpiomanoj

Cu CMP 3.26 Target 3.80 Stop 3.05 Weekly chart 30/200 crossover Reverse head and shoulder and price past neckline resistance. Series of HHs and HLs confirms price in the process of a promising uptrend.

scorpiomanoj

WTI Crude CMP 62 Target 100 plus Stop 5 Weekly charts - Price crosses 200 ema. Resistance observed at 63-65. Above that no stop till 100.

scorpiomanoj

FCL - CMP 101 TARGET - 195-200 STOP 75 Crosses major resistances with huge volumes.

scorpiomanoj

Infy cmp 1043 Target 1250 Stop 970 1) Rounding bottom formation / Cup formation. 2) 30/200 crossover signals bullish crossover.