ssudhirsharma11

ssudhirsharma11

Mastek is one of favourite stock and I have made good money in this counter. I entered around 663 when it broke out of its multi year resistance on 6-8th Aug 2020, made pyramid entry around 28th Dec 2020 which increased my avg price. Added final qty around 28th June 2021, my exit was around 3300+ which gave me 148%+ returns. I was lucky enough to get benefit of...

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Although there is great movement in IT index on Friday but caution advised now in all IT stocks . Keep booking your profits, trail it tightly as now most of the IT stocks are near monthly & weekly CPR/ATR resistances. Similar case is there in Mindtree where 3790-3810 will be great zone to short with low risk high reward setup. Since I will be planning to take the...

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Tata motor is making Lower high, higher lows along with Inside candle pattern in weekly time frame. Any pullback trade towards 394-400 zone will give good entry with SL closing below 390. Above 420, 430 & 440 looks achievable but trailing tightly in this trade would be required.

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Although I don't post charts middle of the week but found this interesting chart of SRF. On weekly timeframe it has made W pattern which is my favourite setup, I have kept alert on 30 min Timeframe for candle close above 2600. Above 2600 my targets are 2632, 2655, 2680. I would like to offload lots on mentioned price levels and bringing my SL at cost once 1 lot is...

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Schaeffler India corrected around 32% from the highs of 3953 and now I am waiting it to touch 2515 which is 200 daily EMA support. If you look at the daily chart this stock never touched 200 daily EMA support and it can give good opportunity to people like me to enter with low risk and high reward setup. If I get entry around 2515 then my targets would be 1) 2860...

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In entire IT pack which is struggling right now, KPIT Tech looks strong on daily & weekly TF. Any retracement towards 612-620 zone will provide good opportunity to enter. RSI, ADX both are strong on daily & weekly TF so I would be looking for opportunity to enter. Entry in the zone of 612-620 with targets 1) 720 2) 790 and SL of 599 on weekly basis will be my...

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Weekly chart of Nykaa, price is consolidating in a range since 9th May, something is brewing up in this counter, any day closing above 1506 can bring 1860 in quick time. if you get entry near 1307 /1340 then great risk reward, SL closing below 1300.

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Titan has given all time high weekly closing supported with good volume activity. Now I want this to cool down a bit and consolidate between 2690-2770 zone before breaking out above 2770. Hope this is not ploy of big operators to trap retailers and we need to keep eye on this counter, earning report is expected on 4th Nov and can be typical "Buy the rumour and...

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Indusind weekly chart looks promising as of now, pullback towards 1137 will provide good risk reward setup. After spending 45 weeks below this price, Indusind broke out on 5th Sept 2022. So in my humble opinion price should not go below 1137 or 1062 which is 200 weekly support. Any retracement towards this zone will give swing traders great opportunity to earn...

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As per weekly chart #Granules is bullish but its near falling trend line resistance which I have highlighted with circles. Now if it can break and sustain above 350 then it can give move till 360/393/438 which are FIB resistance zones. My weekly ADX +DI is also looking good and if it cross above 25 then sudden burst of momentum can achieve above mentioned targets....

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Weekly chart of Schneider is looking bullish supported by great volumes during last week. I am waiting for some cooling off and pullback towards 169 and 152 to add 33% qty each at both the support levels. If price spends some time near 170-197 zone then we can plan some entry in this zone itself. And if it gives 2 consecutive closing above 200 then 240 is on the...

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Weekly chart of Brigade enterprise looks promising, if give 2 consecutive closing above 530 then targets 1) 574 3) 596 with SL 474 Daily closing basis. Only problem which I see here is falling volume, so if it give closing above 530 then enter with only 30% of total plan qty and can add more 30% near 500 zone. Just place the alert on Trading view and wait for the...

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Weekly Chart of Voltas is again heading towards support of 920-930 zone which is tested 5 times since May'22. I will place GTT order to buy near 930 with SL closing below 925 which will give me great R:R. And if it breaks this support zone then 905/844 can also come. I am always looking for favourable Risk reward trades and in Voltas am looking for quick 8-10%...

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Terasoft which grew by 15.8% on Friday supported by 3Million volume, now look at 16th Jul 21 where again 3million of volume came and stock went up and after that it kept going down. I have highlighted these 2 dates 16th Jul 21 & 9th sept 22 along with RSI resistance of same date. As part of technical analysis we are taught that if any breakout happens supported by...

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Pidilite broke resistance of 2764 (high of 13th Jan 2022) on 2nd Sept and if now price retesting this zone which will act now as a support. Entry near 2770-2780 price range will give great risk reward for swing traders. Targets as per Fib are 1) 3112 2) 3471. SL any day closing below 2750, with risk of Rs 20 reward of 300 will give 1:15, put alert and when you...

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Today I am going to share a low risk but high reward setup in Adani Enterprise. Since 24th June 2022 this stock never gave daily closing below EMA 9 and if anyone gets entry near EMA 9 support which should be around 3358 as per Friday closing. Then this stock will give great Risk reward, people who have missed out entry on lower levels might try to enter near this...

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Weekly chart of Grindwell Norton, highest weekly close after 24th Jan 2022, good volumes, RSI breakout also. Above 2017 it can touch 2251 quickly, if it sustains between 1900-2000 for another 1-2 weeks then good upmove expected. Keep eyes open