#SYNGENE headed towards 680 i.e. bottom of the trading range of 760-680 that is in place since Oct'23 680 has been successfully retested 5 times since Oct'23 Looks like a favorable risk-reward #swingtrade setup for 10% gains in one qtr with buy levels at 680/660 & exit at 760
#SUMICHEM at 415 4% away from 395-400 major support level that has been retested 3x in 2022 & 3x in 2023 so far. if support holds -> likely upside 450 min wkly close below 390 , next support 362 results on 27-oct-23 - likely margins 🔻
#LALPATHLAB With 1950 levels (May'22) lows being decisively taken out, targets for 1740 open up. Trend reversal to positive only on weekly close abv 2060
#CDSL will the 18 month support at 1000 hold this time ? Monthly Close Below 900 opens up 665. Reversal to bullish trend on monthly close above 1250
key support levels of 2260 broken on wkly charts Below 2160, Downward #candleshunting can take the stock to 2050 / 1960 Trend reversal if weekly close abv 2260 Sell below 2160 with SL at 2260 Tgt 2050 / 1960 Risk Reward - 1:2
#HDFCLIFE Reverse Head and Shoulder pattern formation, with neck at 600 and shoulder at 520 on wkly close abv 617, opens up targets of 686 incidentally #exide was issued ~4% of #hdfclife stock at 685 post the Exide acquisition
#POLICYBZR #PBFINTECH Med Term view (3-4 mths) After forming a bottom @ 370 (5 wkly retests) Gave a #icmc brkout from 400 levels, subsequent brkout retests have been to upto 440 Wkly cls abv 468 opens up 500/515 Wkly cls abv 524 opens up 570 Stoploss - wkly clos below 438
#POWERINDIA back at 1 yr support level 2850-2900 levels. After 8 weeks of consecutive downtrend, the stock has taken support for last 2 weeks. if stock manages to trade Above 3036, stock will attempt to retest 3400 on #candleshunting in weekly charts
on Weekly close abv 643 Target opens up 685 /709 / 722 on #candleshunting Stop Loss 610
buy on close abv 123 for tgt 133 / 142 / 155 stoploss 107
#OFSS setting up nicely after bottoming out close to 2900 in October IC-MC breakout happened at 3055 followed by retest for 2 weeks and follow-up buying during the week starting 29-Nov-22 #candleshunting upto 3400 on weekly charts possible.
revisiting #MCX #MCXINDIA after a fortnight, A bullish move likely coming up on weekly close above 1587, Large targets open-up 1630 / 1720 / 2043 #candleshunting Maintain tight stoploss 1460 on weekly closing
#BAJFINANCE buy on daily close with MC abv 7240 Tgt 7490 / 7550 / 7710 #candleshunting stoploss 6980 ( closing) Risk : Reward ~ 1:2
#HCG has been trading in the range of 260-300 since the last 7 months. Accumulate in range of 280-260 Target of 300 ( 10% upside in 2-3 months) Stoploss weekly close below 250 Risk Reward 1: 1.5
#Syngene #swingtrade #darvasbox Since Aug'20 - 520 has been retested 8 times on monthly charts & is a support on Upside the levels of 620 has been retested 14 times since Dec'20. With 5% equity changing hands at 560 in sep'22, on corrections, 520 could be an entry. SL 458
#ULTRACEMCO weekly close & sustenance abv 6925 (resistance from Apr'22) opens up tgt of 7250. View negated on close below 6750 #candleshunting
#DMART Buy on daily close above 4500 #CANDLESHUNTING upto 4787 SL 4310 daily close #NIMBLRTA
Buy on weekly close above 20.23k Tgt 20.7k & 21.7k SL 19.25K ( WKLY CLOSE)