The stock has given a falling wedge pattern breakout and given a strong closing above the upper trendline and all EMA. Buy above 38.5 level (on day closing basis) for positional target of 40.85. 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...
The stock has given 9 month old trendline breakout and given strong closing above 100 EMA and trendline today. 200 EMA is a strong resistance right now. If the stock gives a closing above 200 EMA (611.5) level it can give another 4-5% upmove from here. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always...
ABBOTT India has a strong lower 2-year-old support line. Every time it comes here, buying is seen. In July 2021, ABBOTT gave an ATH breakout and made a new ATH. After that it has pulled back to the lower support zone and tested it multiple times. Now it has sustained to close above all EMA and getting ready for an upmove. Buy above 18400 level for first...
Greaves cotton has a strong 14-month-old support zone from where it has taken support for the sixth time and is now testing its 4 year old S/R zone. If the stock gives a strong closing above this zone, we can expect a further upmove. Buy above 160 (day closing for positional, 5 minute closing for intraday) for intraday target of 1-2% and positional targets of 165....
There are multiple bearish patterns in HCLTECH chart: 1. It made a double top pattern but zone 1 acted strong and it gave a bounce and made a lower swing high. 2. It has given a breakdown of it's 18 month old lower strong support trendline and kept consolidating in zone 1 after the breakdown. 3. Yesterday it got rejected from the trendline and 20 EMA and today...
Gold futures have retested a strong support and resistance zone and also breached a short term S/R zone. Looking good at CMP 50415 - safer above 50,600 for positional targets of 50945 and 51250. Learn & Earn, Dr. Tanya Kumar
The stock has broken its 14 year old trendline and closed above it. Looks good above 445 for positional targets of 467 and 485. Once 485 is also broken it can move towards 530 levels. There are still 2 days left for candle to complete therefore idea negates if day closing candles are below the trigger. Disclaimer: This idea is for educational purpose and kindly...
This is a classic case of breakout, pullback, retest and continuation. All details marked on chart. Intraday players buy above 1610. Safe buy above 1625 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. Learn & Earn, Dr . Tanya Kumar
The stock has been constantly making higher lows and respecting it's 3-year-old support lower trendline. Buy above 109 level (both intraday and positional) - for positional on day closing basis for further upmove. Possible targets 113, 115, 118 and 120 Disclaimer - This idea is for educational purpose and kindly buy as per your risk management. I always...
PAYTM has been falling ever since it's issue price and has corrected 75% - made a low of 510. Now it's trying to make a double bottom pattern and 510 will now act as a strong support zone. It can be a good buy for long term perspective at CMP 585 and on dips till 510. Strict stop loss of 499. Mid term target would be 700 levels. Learn & Earn, Dr. Tanya Kumar
I had previously shared a NIFTY chart where I had asked to short NIFTY below 17k level with 5 supports underneath. NIFTY has breached all those supports and now standing on Trendline 2. The link of previous idea is attached underneath. Now if NIFTY breaches trendline 2 and breaks the latest low level then lower support levels are marked in the chart. If it...
The stock looks good above 384 level (day closing basis for positional trade) for short term targets of 400 and 410 Learn & Earn, Dr. Tanya Kumar
The stock is making a double top pattern and can give a breakdown below 3650 level. Short term targets will be 3575 and 3465. Carry Positional only if it gives a day closing below our trigger. Learn & Earn, Dr. Tanya Kumar
The stock is looking good above 555 intraday and 561 positional (on day closing basis) for further upmove. Learn & Earn, Dr. Tanya Kumar
The stock has given a strong closing obove 20 EMA and testing it's strong trendline and resistance zone. Buy above 94.5 level for further upmove. Intraday can give 1-2% move and positional 4-5% move. Positionally carry only if the day closing candle is above the trigger. It's a cash stock so take less quantity. Learn & Earn, Dr. Tanya Kumar
The stock has broken it's lower trandline and closed below it. One can sell it below 185 level in Intraday. Positional short should be initiated only below 181 level on day closing basis. Positional targets 177 and 172. Learn & Earn, Dr. Tanya Kumar
The stock is trying to breakout of the falling wedge pattern and can be a good positional pick above 4250 level (closing basis) for short term targets of 4350 and 4500. Learn & Earn, Dr. Tanya Kumar
The stock is testing it's ATH levels again after 4 months and volumes are also looking good. Buy above 550 level for both Intraday and Swing. Intraday targets 555 and 560 and swing target 600. Carry positionally only if the stock gives a closing above 550 level. It's a cash stock so kindly manage your position sizing. Learn & Earn, Dr. Tanya Kumar