IBULHSGFIN | Mini flag breakout - Looks good for 20% CMP : 186 (Can buy in dip upto 175) SL : 170 Target : 228 Almost 1:6 risk reward now, if we get dip it will become 1:9 risk reward but lets not day dream :D P.S : We recently analyzed and traded in a similar pattern on GODREJIND stock that worked like a charm.
TITAN | Lets be part of all time high stock while it is making - Breakout and retesting the zone now. Weekly chart and price consolidation range suggests it can go up 27% up from here. CMP : 1335 SL : 1300 Target : Open (Can ride the trend using Pivots) - Keep trailing SL below intraday level S1 everyday once we got 10% profit.
TITAN | Another Mini Flag chart - Looks good for 7% & Getting ready for All time high CMP : 1292 (Can accumulate upto 1272) SL : 1261 Target : 1387 1:3 risk reward setup
INDUSTOWER | Comfortably staying above Swinghigh and Trendline. Looks good for 35% CMP : 254 SL : 230 Target : 340 Almost 1:4 risk reward setup courtesy thanks to Ravichandra, he was the one forcing me to track this chart all the time :D
AXISBANK | Looks ready for 32% from here CMP : 628 (Dip upto 590 in this pattern) SL : 570 Target : 825 1:4 risk reward setup
BANKNIFTY | Strong Flag formation - Hope to see 32500 in a week time. Lets see what triggers BANKNIFTY to reach the target 🙂 CMP : 31200 SL : 31000 (But strong support @ 30935) Target : 32500
WIPRO | Good contraction - Looks good for 10% CMP : 342 SL : 329 Target : 380 1:3+ risk reward
BHEL | Looks good for 30% CMP : 29.50 SL : 26 First Target : 38 or when the trendline is met.
IRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone. CMP : 120 SL : 116 Target : 138 Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section. Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always...
HDFCBANK | Small range bound opportunity for 6% - Infact this is one of the main reason why i was bullish in the morning in BANKNIFTY CMP : 1373 (Dip upto 1355) Target : 1445 SL : 1343 Simple 1:3 risk reward setup
NAVKARCORP | Excellent U turn, looks great for 400% - Don't put more than 5% of the capital. May take few months to year to reach the target. CMP : 42.30 (Dip @ 32)
BATAINDIA | Good consolidation getting ready for next move CMP : 1575 ((RSI is weak, so buy just 60% now, remaining at 1540 level but until 1480 there is no risk at all) SL : 1450 Target : 1850 1:3 risk reward setup
CYIENT | Wedge Breakout & Flag formation - Can see 25% Short time holding - Might need to hold for few months time as i've used Weekly time frame. CMP : 389 (can buy upto 375) SL : 355 Target : 485 1:4 risk reward setup
NIFTY | RSI mild negative divergence, looks like it can retrace to 13650 again. CMP : 13760 SL : 13800 Target : 13650
COROMANDEL | Breakout after 135 days consolidation, simple channel breakout. Also looks Flag in weekly time frame. Looks good for 18% CMP : 845 SL : 790 Target : 980 P.S : Ideal to enter near 840 zone for better risk reward, hope to see some retracement in a couple of days.
PNB | Getting ready for another rally to almost 30% CMP : 32 SL : 30 Target : 41
DAAWAT aka LTFOODS - Looks good for one swing trade (23%) CMP : 50 SL : 48 Target : 61
NIFTY | Weekly expiry discussion | Short straddle / Iron Fly Quick fall and sharp recovery immediately, expecting some consolidation in this zone like it happened previously. Can create a dynamic range bound statergy for tomorrow's expiry - limited risk. If market moves violantly we can do adjustment trade by going market direction and come out with no loss or...