CAPLIPOINT | Previous one SL hit analyzed in Lower time frame. Today's Bullish Hammer gives hope again. Looks good for 22% solidly. CMP : 539 (can accumulate till 520 (Blue line)) SL : 501 Target : 650 1:4 risk reward setup
RELIANCE | Lets see if Ambani brings some more investment to his company this weekend 😃 Good risk reward setup (1:4) - Smaller time frame CMP : 2235 SL : 2205 Target : 2360
AUROPHARMA | Flag + Triangle formation | 6% opportunity CMP : 833 SL : 820 Target : 880 1:3+ risk reward setup
DRREDDY | Small breakout opportunity CMP : 5170 SL : 5070 Target : 5450 1:3+ risk reward setup
LICHSGFIN | Flag breakout and nice consolidation - Can see 7% CMP : 280 SL : 271 Target : 300
CAPLIPOINT | Lovely contraction and almost ready for next move. Just need a simple breakout can see 18% to 20% CMP : 556 SL : 535 Target : 670 Almost 1:5 risk reward
INDIACEM | Sort of Wedge & Flag (Weekly) patterns. -20% potential is there upside. -Risk reward is good before the breakout. -Taking good trendline support -1:4 risk reward setup CMP : 118 (Good buy upto 115) SL : 110 Target : 140
HDFCBANK | Looks good for a small swing 7% movement CMP : 1075 SL : 1050 Target : 1144
WELCORP | Breakout and retesting the zone CMP : 114 SL : 110 Target : 130 (Calculated based on swing length) it has potential even to go up 1:4 simple risk reward setup, this stock is fundamentally strong one aswell. Even if stoploss hit continue to track the stock for next upmove. (5% circuit limit stock)
TITAN | One more value stock from TATA group to lift the market 😃 12% potential upside opportunity. CMP : 1247 (Must wait for retracement, can buy upto 1225) SL : 1190 Target : 1380 1:4 risk reward setup
MAITHANALL | 17% opportunity - Breakout but struggling however i hope it will stabilize shortly as it is Nearing trendline support zone. CMP : 512 (can buy upto 500) SL : 480 Target : 590 1:3 risk reward
DMART | 16% Pull back swing opportunity + W pattern CMP : 2110 (can buy upto 2080) SL : 2020 Target : 2460 Excellent 1:4 risk reward
ADANIENT | Flag & Channel breakout's. But posting for Intraday level small swing opportunity. CMP : 296 (Can buy upto 290) SL : 285 Target : 322
MANAPPURAM | Seeing a Flag formation in Daily time frame & Weekly time frame shows strong rejection in downside. After a scary H&S pattern the stock gave Wedge breakout but broad market pulled the price down again. Personally one more strong conviction it has taken a great 20 EMA support in Weekly pattern. CMP : 153 Strong demand zone : 140 Target : 180,190
NIFTY | Expecting the gap to be sealed @ 11076, NASDAQ was gap up too 2 days ago + RSI bearish divergence in 30 min's time frame. CMP : 11228 Falling which hopefully can get some dips in good stocks. Instead of buying PUT can consider selling 11300 CE in Oct 8th expiry.
RELIANCE | Looks good for 5% RSI Divergence & can expect a wedge breakout CMP : 2179 SL : 2150 Target : 2270 1:3 risk reward setup
CMP 14.55 Aggressive traders can enter now Safe player consider entering @ 15.95 Keep tight stop loss @ 12 Volume in buyer side is spiking Cup & Handle is forming Tri Angel + Inside pattern Exit when money is doubled or until you are satisfied ! Hoping for some good news to support this pattern :)
PHILIPCARB | Small swing opportunity & Value stock for long time aswell Flag breakout in smaller time frame. Can see good moves above 135. CMP : 132 First target : 149 Support zone : 125