#Cybertech @ 53.30 1. a slanted Cup & Handle breakout (W) 2. trendline breakout (W) ACCUMULATE for positional trade. #Nifty #Nifty50 #smallcaps #midcapstocks
Bought @471 | SL @453 Immediate TG @500 - Geojit has also came out with their BUY at 473 with 20% target in 12 months. So lets first target for T1 @ 500.
07-Sep: Bought@1360 | SL@ 1342 (Waiting for closing basis candle for additional BUYs, next day) = TL Support with Hammer formation
#TataSteel @ 346 | TGT: 374 | SL 330 - Usually, 'Cup' is always with a 'Handle' but here the story is with another pattern i.e. 'Cup & Triangle' - Watch for chart story #Nifty #Nifty50 #banknifty #steel #NiftyBank
20-05-2020 | @ 58 - Watch if it closes above the red zone
Though R.Damani has picked up a stake... but chart pattern is depicting another story. It may take a few months more to develop into the full structure. So if considering long term, please be on a cautious note till the pattern negates. Head & Shoulder in the making!
#IGL @ 456 | 15-May-2020 #IndraprasthGas - Short can be attempted at rise around 480-500 depending upon candle formation - SL 505-507
20-May-20 | @ 140 | #Watchlist - Tilted H&S pattern - lookout for 20-EMA level or further breakdown confirmation
#Coromandel @ 645 | 29-May-2020 - Accumulation can be initiated in the Green Zone for a mid term holding period - Positional stoploss @ 622 #Nifty #Nifty50 #NSEUPDATE #BSE #Sensex #NiftyBank #Fertilizer #Auto #FMCG
#RECLTD @ 106.05 - A bullish pattern - A big green candle made on 13-Mar and since then the closings were moving around within this range - Breakout attempts were made on 14-May & 08th-Jun (Red arrows).. but on 12-Jun saw the actual breakout - Next: On watchlist for this week closing, if it is above 106 then LONG
#SunPharma @ 477 || 29-May-2020 | hourly - A new trend and a fresh view with a breakout of the pattern - BUY within the GREEN Zone - Stoploss @ 460 #NSE #BSE #Sensex #Pharmasector #Nifty #nifty50 #banknifty #NIFTYFUTURE #CNXPharma
Amrutanjan @ 339 || 29-May-20 || 01-HR - Is it preparing for an upward level ? - Let see the price action - BUY once it crosses 347 - Only caution is MACD - so watchout how MACDline functions till the time breakout comes. WATCHLIST #NSE #Nifty #Nifty50 #Sensex #NiftyBank
#MindaCorp @ 57 | Thursday | 28-May-20 | Daily - A double bottom formation - But on longer term it has not sustained it's uptrend - So, let this first cross 62 levels then will review #NSE #Nifty #Nifty50 #Sensex #NiftyBank #NiftyAuto
= Daily + Hourly chart indicating a likewise H&S but seems to be on bullish stance
RBL BANK || 20-May WED | Bullish Intraday | hourly ||
#IDEA: Weekly @ 5.50 | 22-May-20 | Weekly - Trend may be changing on weekly pattern - Let see how it performs in next few days - Chart may not know it has a huge huge debt but sector tailwind may take it to NEW trend - Keep a watch on this space #Watchlist
#MOTHERSON @ 92.40 | Thursday | 28-May-20 | DAILY - Breakout pattern with superb volumes - RSI breakout supports the structure - BUY on every dip for positional trade - STOPLOSS : 86-83 level OR as per capital protection #NSE #Nifty #Nifty50 #Sensex #NiftyBank #NiftyAuto
#ONGC @ 78 | 27-May-20 - Hold if you already have in folio; it is on an uptrend - Above 82 will have higher levels (a very important point) Otherwise - If it goes to 75; needs another review or if it is for short term then keep it SL #NSE #Nifty #Nifty50 #Sensex #NiftyBank