INFO EDGE has corrected 55% from it's top and has now given it's 10 month old trendline breakout. It is making higher swing lows exhibiting a bullish upcoming moves. Aggressive traders can buy above 3990 (4000 safer) for both intraday and positional trades. Big hindrance would be 4225 level which has been a strong support and resistance zone for more than a...
TATA MOTORS has made a triple bottom structure and given a 7 month old trendline breakout. It's closest resistance is 450 - buy above this level for short term target of 458 and 465. Another positive sign is that the price has started moving above 100/200 EMA. Once we have a closing above 465, we can expect mid term targets of 475 and 500. Disclaimer: This idea...
The stock has given a breakout of it's 11 month old downward channel and today retested and given a strong closing. Buy above 474 level (200 ema and resistance) positionally for 4-5% further upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict...
The stock has made a double bottom pattern and looks good for upmove above 105.85 level. If triggers today one can carry this as a BTST as well. Buy on day closing basis. Learn & Earn, Dr. Tanya Kumar
The stock has given a breakout of it's 4 years old trendline and looks good for intraday and positionally above 191.25 level. Short term targets would be 199 and 206. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional...
The stock is making a cup and handle patern and one can take a small position above 386 level for a target of 422. Take positional entry only on day closing basis. Once 422.3 level is breached and sustained we can expect bigger targets (another 5-7%) Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage...
The stock is testing it's 9 month old trendline and looks good above 1561 level for first target of 1600. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis. Learn &...
The stock is testing its 7 month old trendline and looks good above 2265 level for both intraday and swing. Carry positional on day closing basis. Positionally can give 5-7% upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea...
The stock has corrected 64% from the top and now is showing some signs of reversal. It gave a falling wedge breakout, pulled back and now continuing the upmove. Buy above 90.55 level for a positional target of 96.5. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use...
The stock has given a cup and handle pattern breakout on weekly time frame and if the weekly candle closes above the 9-year-old trendline, we can expect a good upmove in coming weeks. There have been good volumes in last 2 days and we had shared this trade in our equity reserach both the days. Fresh entry to be taken above 734 level for short term target of...
The stock has given a trendline breakout and looks good above 1315 levels for both intraday and swing. Swing buy on day closing basis for targets 1370 and 1435. Learn & Earn, Dr. Tanya Kumar
The stock is consolidating in a range and looks good above 568 level for both intraday and swing (closing basis for swing) Intraday target could be 1% move and positional 5-7% move. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea...
We can see perfect price action for Inverted head & shoulder pattern here. The price made shoulder 1 and moved down to form complete inverted head & shoulder pattern 2. It gave a breakout with shoulder 2 target met in confluence with neckline of pattern 1. Then proper pullback and continuation is seen to neckline 2 and then back to neckline 1 completing our...
The stock is making a falling wedge pattern and looks good above 5617 level for intraday 0.75-1% move. If it gives a day closing above the level then positional targets can be 5800 and 6100. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop...
Crucial levels marked on both upside and downside. Learn & Earn, Dr. Tanya Kumar
The stock has taken a support on the lower trendline and now testing it's strong S/R zone. It has also given a breakout of the short term downward trendline. Buy above 225.7 level for further upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict...
The stock has been in a range for 4 years and last month gave a 6 years old trendline breakout. After that it has retested the trendline and now again moving up. Buy above 261.5 (daily close for mid term swing and weekly close for long term positional trade). All possible targets are marked in the chart. It's a small cap company so take less...
The stock is making a falling wedge pattern and good volumes lately. Tomorrow buy above 308 level (positionally for day closing basis) for further upmove. Positional targets if it gives a good breakout can be 339 and 367. Cash stock so please take less qty. Learn & Earn, Dr. Tanya Kumar