The stock is at a major support level. Keep an eye on the results. If there is a gap up, I will enter with a small sl
keep an eye on this one.it has been showing strong trading volume in the past month and has broke major resistance. wait for a base formation.use phased approach for buying
IDFC is consolidating on LTF. a potential entry point could be around 88.3 n the sl should below the 10-day EMA. Keep an eye out for a volume spike after a breakout.
entered at 821.8 , sl 1%>, dont hold for more than 3 sessions
place gtt at @7057 leveI. iam not personally interested, because it is a slow mover. stop loss 1%>
waiting for good follow up. can easily target for 0.62, 1 and 1.2 fib level which are major resistance
@427.5, taking support of 50 ema. volume also contracting.overall it s good setup
History shows that big winning stocks tend to favor certain industry groups - M.M IT index has good support of demand zone(big box) present below. in coming weeks or month hunt for best from this group. we might see lil compression after small rally which i think best time to select leaders.
entered at 500 brn. with around 2 % sl. volume is relatively low but expect it to rise eventually
18070(20+/-) is strong support for nifty. Many stocks have squatted/shaked out in the recent fall, staying in cash is what i prefer in this situation. look for opportunities for pullback or breakout when nifty lands near this zone. it may bleed more on break of thesse levels(might built right shoulder before going down). In chart- previous resistance which became...
look to enter after taking out the nearest resistance. waiting for volume to flood in. enter with low risk
opened @ 30.55 in pre market which lil above the buy point , looks good to buy here. my sl @ around 1.3% ,you can be below demand area.
post is for Learning purpose and just my view. price failed to make higher high earlier and made equal high instead. cutting price average of 20 and 50 will confirm the trend change. earning release can act as catalyst for it.
look for 2520 level. aim to capture some good momentum
most of psu - mahabank, unionbk, canbk, karurvysya... etc are consolidating and might perform well in coming weeks. look for low risk entry