sundeep.ravinder

sundeep.ravinder

NSE:NIFTY NIFTY is forming a bearish diamond top on the 1 hour chart. The breakdown level is 11,111 for a confirmation. Target: 10822 SL: 11189

sundeep.ravinder

Taking support at the breakout level. Stock should bounce from here and head higher. Strategy Go long at 576 Target 596, 608. SL 562

sundeep.ravinder

Biocon after testing the 200DMA is looking at retesting lower supports. First target 254. Breach of 254 where PUT support is available will ensure 245 and possibly even lower levels. Lets keep a watch. Happy profits!

sundeep.ravinder Updated 

Need to see if the stock breaks out of the channel. The potential target once the stock breaks out of the channel is 285. But I would rather bet on a reversal and retest of 190. Lets keep watch!

sundeep.ravinder Updated 

Sell Apollo Tyres with Targets 180, 174, 165. SL 194 on closing in daily chart.

sundeep.ravinder Updated 

Check out the double bottom formation. Formed a double bottom at 197.8 One can trade with a long position over the breakout level of 213 for a target of 233. Stop loss is 209.

sundeep.ravinder

A symmetrical triangle started around August, 2018 is possibly nearing completion. Await a confirmation for a breakout above 715. Once can hold then with a target of 1100. Once you enter into a trade at 715, stop loss can be placed at 650.

sundeep.ravinder

Good set of numbers in Q3FY19 has setup the stock for a break out. Expect the stock to complete the handle at 277 (point of entry) before surging to 370. Keep your stop loss at 265. The CMP is 298, so wait for the pattern to develop. This is purely for educational purpose. Would love to see feedback.

sundeep.ravinder Updated 

A break out of the descending trend lines on 6th March, 2018 making a low of 231 on 8th March. With a retest of the lower trend line. Expect the share to now complete the slide and test 218 in the coming days. This is a positional short. Reviews and feedback would be appreciated.

sundeep.ravinder

Sell Divis Labs for a target of 1052. Trade outside the upper bollinger will lead to a retracement. Stop Loss of 1107. Brickbats and accolades both are welcome.

sundeep.ravinder

After a breakout at 144 through a rounded bottom formation. One should stay long with a price target of 230 on Adani Enterprises.

sundeep.ravinder

The stock has broken out of the upper trend line of falling wedge. This bullish reversal should take the stock higher. Target 1: 1108 Target 2: 1160 Would appreciate comments from all fellow traders. For educational purpose only.

sundeep.ravinder

The stock has broken out of the upper trend line of falling wedge. This bullish reversal should take the stock higher. Target 1: 1108 Target 2: 1160 Would appreciate comments from all fellow traders. For educational purpose only.