uncommonprofit

uncommonprofit

CMP -3492 T1-3669 / T2 -3886 ( CL ABV 3700) SL- 3386 R/R - T1 ( 1: 1.77 ) T2 (1:3.8) do note : 3750-3900 gap filling is pending

uncommonprofit

Further update to AmbujaCem Reverse Candle Shunting seems to be on #AMBUJACEM Target1- 420 minor resistance - 421-424 Target2- 432

uncommonprofit

#SYNGENE on monthly chart has strong support at 510-460 levels. 510 is the Aug'20 high , which got taken out in Sep'20 with 510 as the Break-out level. 510 was subsequently retested in Oct'20 & post which has not been tested again. 510 should act as support in coming times. For people holding long, 460 ( on monthly close) should be strict stop loss

uncommonprofit

#NLCINDIA - favourable risk reward at 65.5 levels Expect reverse candle shunting to take place, the fall has been halted with appearance of 3 Indecision Candles. Target -77 CMP - 65.5 Stop Loss -61 ( daily closing) Risk: Reward - 4.5: 12 ~ 1:2.6 There are 2 minor resistance zones - 66.8- 67.3 & 69.6-70.1

uncommonprofit

#UNITEDSPIRITS , #MCDOWELL_N over the last 30 days ( end-Sep-21 to end-Oct-21), the retest of 815 has been done twice. 815 was the previous ATH reached in Mar-2015. If the stock continues to sustain above the 815 levels for more time , it can move to next orbit.

uncommonprofit

#COROMANDEL has been consolidating in 780-860 range owing to lack of clarity in subsidy for non-urea fertilizer and raw material in inflation Post announcement of subsidy details on 16-OCT-21 the stock should gain strength. Buy on close above 870 for target 915

uncommonprofit

#TCS sold off post Q2 results. Nevertheless remains portfolio grade stock with clear large long term outsourcing potential & extremely conservative management in terms of capital allocation Entry at 3595-3585 Target - 4000 Stop Loss - 3400 ( weekly close) Risk Reward - 1: 2

uncommonprofit

#swingidea #swingtrade #HDFCLIFE has seen a sell-off after registering ATH of 760 on 2-sep-21 post deal with Exide. It has broken supports at 724/706 and is heading towards next support at 690. The RSI has come down to 35 a level around which historically reversals take place. Also, worth noting that for acquisition of Exide Life Insurance - 4% of the...

uncommonprofit

#COROMANDEL is attempting to break out above its recent resistance of 867 - the resistance has been attempted to be breached 5 times unsuccessfully A BO this time could see the stock retest ATH entry - 867 tgt - 922 stoploss - 841 risk/reward - 1:2

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#ABBOTINDIA #ABBOTTINDIA retest -> ATH Has retested the BO level of 21800 after hiting high and performing gap fill Expect upward candle shunting to take stock to 23900

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JBCHEPHARM Has retested the BO level of 1775 . A positive momentum candle is yet to appear which is the risk but there is no momentum downward candle this week. Entry 1790 Stoploss 1730 tgt 1900 Risk reward 1:2

uncommonprofit

#SWINGTRADE #SWINGIDEA #AmbujaCement #AMBUJACEM ENTRY - 400 STOPLOSS - 380 TARGET - 440 RISK REWARD - 1:2 This one could be interesting ahead of Q3 results as 11.6% Aug growth in o/p of eight core was driven by cement sector rising 36.3%

uncommonprofit

Lack of availability of electronic chip has led to decline of new car sales the demand for #usedcar has sky-rocketed to 20 year highs. Immediate beneficiary should be #CARTRADETECH #CARTRADE CMP- 1289 TGT- 1400 / ( on successful closure above 1420 target is 1500 ) STOPLOSS - 1211 on closing basis

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#SEQUENT #SEQUENTSCIENTIFIC View On weekly charts, below values on weekly closing basis Above 225 --> 248 Above 254 --> 290 Btwn 290/330 large resistance For longs close, below 197 is stoploss

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#IGL has seen a stop to downward candle shunting on 29-sep-21 with appearance of first indecision candle. Reversal of candle shunting can take it back to 580. Entry 520 Stoploss 500 ( weekly close) Risk Reward - 1:3

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#POWERINDIA #ABBPOWERPRODUCTS buy with stop loss of 2281 for retest of all time high and beyond CMP - 2400 SL- 2281 TGT - 2650 Risk Reward 1:2

uncommonprofit

#HDFCLIFE has been in a channel since mid-Dec 2020 with 655 at lower end & 730 at upper end. Post announcement of acquisition of Exide Life Insurance it did spend some time above 730 levels with 775 as high. However has been sideways ever since. Close on weekly basis below 705/706 , could open the way for retest of 660 levels 706 was the IC low from which BO for...

uncommonprofit

#CRISIL : Entry 2870 ; Target 3230 ; Stop loss 2770 Risk Reward - 1:3