The stock had given a trendline breakout and is now testing an important resistance zone . Buy above 2354 level for intraday 0.7-1% move and positional first target of 2480 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...
The stock has broken it's downward channel and looking good above 224 for short term targets of 229.5 and 235. 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 making a double bottom pattern and testing it's 10 month old trendline. Buy positionally above 1277 level (closing basis) for first positional target of 1320. 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...
NBCC has given a falling wedge BO and looks good above 32.85 for level for positional targets of 34.4 and 35.5. 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 a strict trailing stop loss. Idea is positional and only carry position on day closing basis. Learn &...
I had posted this analysis on 25th June and see how well the price action worked in this case. After breaking out of Neckline 2 of inverted head and shoulder pattern 2 the stock moved up the same depth as that of shoulder 2. After that there was a perfect pullback and continuation to complete our Inverted head and shoulder pattern 1. The first estimated target...
See how beautifully price action worked in NIFTY today. I am posting this purely for educational purpose: I am using 1 minute chart as NIFTY is best trades in lower TF 1. NIFTY made a falling wedge pattern (orange). On third bounce on the lower TL it gave scalp 1 opportunity to upper TL 2. Then it gave a breakout of the falling wedge pattern and gave scalp 2...
The stock recently gave a falling wedge breakout and is not testing an important resistance zone. Buy above 832.2 level for intraday 0.7-1% move. If the stock closes above the trigger one can carry positionally as well for 3-5% further upmove. Learn & Earn, Dr. Tanya Kumar
I had earlier given an idea to buy PAYTM at 585 for first positional target of 700. That has been achieved and it is now making an ascending triangle pattern. Buy above 724 level for both intraday and swing for further upmove. Positional targets would be 795 and 835. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I...
Crucial levels marked on the chart. If NIFTY breaks 16025 - 15907 is possible. Learn & Earn, Dr. Tanya Kumar
The stock is testing its 10 months old trendline and is also making a W (double bottom pattern) Aggressive players can buy above 772. Safe players buy above 778 for both intraday and positional trade. Positional targets can be 788 and 808 in short term. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always...
The stock has given a flag breakout and looking good above 2625 levels. It can test ATH 2740. If the ATH is breached it can move another 7-8%. 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...
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 &...