ITI | Again another Flag for 20% to 40% Monthly time frame, shows the breakout and proper retracement again. Attached monthly time frame chart below in comment section. CMP : 128 (Any dip to 115 level is a great buying opportunity) SL : 110 Target : 155, 190
Open Interest increasing Flag pattern with breakout is happening with good volume in 30 min, 1 hour, 2 hours time frame. CMP : 858 Enter during retracement of 845 - 850 SL : 810 Target : 1087
PETRONET | Flag formation , looks good for 24% CMP : 256 (Dip till 250 as we have recent Flag support) SL : 245 Target : 280, 315 1:3 risk reward setup for first target (Attached weekly chart in comment section for the second target view)
JUBILANT | Flag / Triangle breakout - Off to No mans land :) CMP : 787 - Use any dips to buy. Immediate target : 1000 which is 25% from current level. I found this stock late after this breakout today, as i'm less focused with small caps. I see this is weak only below 620 level. So incase if any dip can buy at 755, 685, 620 levels. The volume in this stock is...
HDFCLIFE | Excellent risk reward & Rejection downside + RSI divergence CMP : 570 Target : 640 Stop loss : 540 1:7 risk reward setup :D
NIFTY | Recovered 50% from the Wednesday fall. Lets try to catch up a 70 points. CMP : 12970 SL : 12930 Target : 13070 Fib is just used to track the recovery percentile. 1:2+ risk reward setup
L&T | Forming a Flag pattern with long time weekly support. Breakout from the flag can give us 16% immediately. CMP : 1114 SL : 1080 Target : 1280 1:5 risk reward setup
TVSMOTOR | Breaking solid resistance, Looks good for 25% CMP : 490 SL : 450 Target : 600 Almost 1:6 risk reward, weekly pattern. (P.S : I see similar pattern in BHARATFORG too)
TECHM | One more flag pattern from Mahindra group 🙂 Flag consolidation is not so strong and monthly time frame shows a resistance. Hopefully we will get some time for accumulation before the breakout. (Attached monthly pattern chart in comment section) CMP : 876 (Any dip till 820 is a great buying opportunity) SL : 810 Target : 950 India's Elon Musk and...
TATACOFFEE | One of the best intersting chart in the recent times <3 Weekly - Flag pattern Daily - Triangle Monthly - Big breakout and retesting 50% exactly CMP : 103 SL: 95 Target : 120,135
JINDALSAW | Bullish from trendline support - Can see 15% CMP : 61 SL : 58 Target : 70, 78 1:4 risk reward (First target)
DAAWAT (or) LTFOODS | Flag in small time frame - can average We have old trade running, can add some more with new SL of 51 for this latest position.
BANKNIFTY | Almost near the resistance but losing momentum Triple Top & RSI negative divergence, looks good for correction. CMP : 29600
CANFINHOME | Small swing trade for 5% CMP : 466 SL : 456 Target : 488 1 : 2.5+ risk reward setup.
GOLD | Gold retracement - Time for some GOLDBEES investment :) CMP : 42.94 Can see 15%-20% in short time. Safe bet.
NIFTY | Buy at dip opportunity - Pin bar @ Support after gap filled. CMP : 12980 SL : 12950
RAIN | Looks good for breakout CMP : 120 - Can buy in dips upto 104 SL below trendline
PIDILITIND | Mini flag opportunity for 6% Consider happily averaging if comes near 1555 level. Stoploss is same for everything CMP : 1589 (Dip upto 1555) SL : 1540 Target : 1695 Simple 1:2+ risk reward setup.