CASTROLIND | Nice channel breakout , 30% potential for second target. CMP : 123 SL : 119 Target : 132, 158 1:2 risk reward setup for first target (8%) . But it has all the potential to goto second target, just need patience for that. Similar to our previous POLYCAB chart.
LUXIND | Breakout above the channel - 12% opportunity CMP : 1774 (Can buy during retracement upto 1750) SL : 1710 Target : 2000 Almost 1:3 risk reward setup
PRESTIGE | Swing inside the channel - 18% CMP : 276 SL : 265 Target : 320 1:3+ risk reward setup
PVR | Small channel swing opportunity for 18% CMP : 1378 SL : 1280 Target : 1620 Almost 1:3 risk reward.
BHARTIARTL | Can we call it as Cup & Handle formation? CMP : 528 SL : 495 Target : 600 I'm going long based on, 1) RSI positive divergence with price consolidation last 11 trading days 2) My visualisation of Cup & Handle ( Although it is not formed yet) 3) Simple 1:3+ risk reward setup
NIFTY | Likely to hit 15000 - 1:4 risk reward (Risky trade but surely worth the bet) CMP : 14780 SL : 14720 Target : 15000 Cup & Handle formation with Trendline breakout and retest
BANKNIFTY | Can we expect some mercy from BANKNIFTY - 800 points CMP : 33500 SL : 33250 Target : 34300
DRREDDY | Low risk simple supply and demand play - W Pattern - 20% opportunity CMP : 4510 SL : 4240 Target : 5450 Almost 1:4 risk reward setup Attached weekly chart in comment section, it is taking excellent support near the previous swing high.
HINDALCO | Flag pattern - Already multi year breakout occured, momentum looks good for doubling CMP : 331 (Dip till 320) SL : 305
PIDILITIND | W Pattern / Double Bottom with trendline support - 9% CMP : 1685 SL : 1600 Target : 1830 1:3 risk reward setup
HDFC | RSI divergence - Good swing opportunity 15% CMP : 2495 SL : 2455 Target : 2900 Almost 1:10 risk reward setup
PHILIPCARB | Trendline breakout & Retested the zone - 60% Its not the trendline giving me the conviction in this trade, it is the support zone (Marked) CMP : 188 (Dip 175) SL : 160 Target : 285 1:9+ risk reward setup Big trade - Hence trade with patience.
UPL | Simple trendline breakout - Short term pick - Its a high volatile stock hence plan your trade accordingly. CMP : 522 (Dip upto 505) SL : 490 Target : 605 ,695 Almost 1:6 risk reward setup for first target
KTKBANK | Cup & Handle + RSI breakout | Looks good for 20% CMP : 68.50 SL : 64 Target : 84
BANKNIFTY | RSI divergence - can we see 1000 poinits? (Risky trade opportunity) CMP : 34450 SL : 34200 Target : 35500
MEGH | Low beta stock - Looks good for 60% I see RSI negative divergence but a strong demand zone is near by it could be an excellent buy on dip opportunity CMP : 85 (Dip 75 & 70) SL : 67 Target : 125 1:5+ risk reward setup
NTPC | Simple Supply & Demand chart - Looks good for 32% CMP : 110 SL : 100 Target : 146 Almost 1:5 risk reward setup
TVSMOTOR | Short time investment opportunity. Breakout above the wedge, Sustained to close above last 4 weeks CMP : 457 (Can buy upto 430) SL : 420 Target : 515, 600 In my opinion it may consolidate for few weeks to months. (P.S : Have shared atleast 110+ charts in tradingview community and i used to put a google spread sheet link where i have the records...