DIXON | Good looking Cup & Handle chart with trendline - 18% CMP : 4427 (Dip : 4340) SL : 4050 Target : 5200 1:2.5+ risk reward setup
SBIN | Trendline and Previous breakout retesting - 25-30% CMP : 470 SL : 440 Target : 590, 600 1:4+ risk reward setup If we connect Swing low to Swing high the Fib support also taking place at 455 level. Target is based on Fib target for next wave
TCS | Trendline + 200 EMA support + Gap filling opportunity - Potential for 15% CMP : 3445 SL : 3280 Target : 3970 1:3 risk reward setup
PHILIPCARB | Channel + EMA support - Potential for 24% CMP : 225 SL : 200 Target : 275 1:3 risk reward setup
CROMPTON | Channel + Pivot + 200 EMA supports - 10-15% CMP : 446 SL : 425 Target : 495, 535 Almost 1:3 risk reward setup for 1st target Second target is based on Fib
ELECON | Channel breakout and retesting - Potential for 20% CMP : 188 (Dip : 185) SL : 173 Target : 210, 220 1:3 risk reward setup
UPL | Demand zone + 200 EMA support - Potential for 20% CMP : 721 (Dip : 700) SL : 670 Target : 850 1:4+ risk reward setup
BHARTIARTL | Small channel breakout - Potential for 8-15% CMP : 708 (Dip : 700) SL : 675 Target : 750, 805 1:2 risk reward setup (2 Hours time frame) Second target is based on the Fibonocci tool Similar to TATACOFFEE setup we traded recently.
FEDERALBNK | Trendline breakout - Looks potential for 30% CMP : 92 (Dip : 88) SL : 84 Target : 120 Almost 1:4 risk reward setup
GODREJAGRO | Demand zone + Retracement opportunity for 25% CMP : 576 SL : 530 Target : 720 More than 1:3 risk reward setup
CDSL | Trendline and Fib support - Looks good for 30% CMP : 1432 SL : 1300 Target : 1850 Almost 1:3 risk reward setup Target calculated based on Fib
ASTRAZEN | Super RSI divergence in daily time frame. Lets try a bottom fishing - Looks potential for 35-55% We recently traded GLAXO from Pharma which given excellent result. Now another stock from same sector. CMP : 3100 SL : 2800 Target : 4150, 4800 1:4 risk reward setup (First target) Daily time frame RSI divergence chart attached in comment
GRSE | Triangle / trendline breakout - 30-40% CMP : 249 SL : 225 Target : 350 1:4 risk reward setup
CEREBRAINT | Taken out the swing high with volume + RSI breakout - 40% CMP : 76 (Dip : 70) SL : 65 Target : 105 1:5+ risk reward setup Target Calculated based on Fib.
MUTHOOTFIN | Channel breakout and retesting - Looks good for 10% CMP : 1639 SL : 1560 Target : 1800 1:2+ risk reward setup
WELCORP | INHS + Trendline breakout - Potential for 30% CMP : 156 (Dip : 145) SL : 135 Target : 200 1:4 risk reward setup
HDFCLIFE | INHS breakout - short term trading opportunity - 7% CMP : 714 SL : 690 Target : 760 1:3 risk reward setup
DHAMPURSUG | Trendline + RSI breakout - Potential for 20% CMP : 328 SL : 305 Target : 390 Almost 1:3 risk reward setup