Buy ICICI Bank with TP of Rs. 700 & 750 for short term and Rs. 820 for Long term (approx. 1 year)
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Maruti Suzuki Ind : Positional Trading Setup
Maruti Inverted Head & Shoulder Breakout with good volume.
Trading above 50 DMA & Resistance Zone.
Looks bullish above 7600-7650
Keep Stop Loss below 7230
T4 : 8950
Also, do check the below related ideas for other stocks 👇
BHARAT ELECTRONICS (BEL)
About Company :
Bharat Electronics Ltd. engages in the manufacture and supply of strategic electronic products to defense services. Its products are weapon systems, radar and fire control systems, electro optics and communication, vacuum interrupters, electronic voting, telecom and SATCOM systems, semiconductor devices, microwave...
DLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303
All the moving averages giving Bullish signal along with RSI and MACD.
Buy : above 303
Target 1 : 315-316
Target 2 :...
IDEA as on 03 Jun 2021 appeared strongly Bullish. it started trending in upward direction as soon as it opened. It generally happens when there's strong positive sentiment in the stock. Makes it attractive. Chances are good of this upward journey continuation. As we can see the stock is making a big green candle today which is sign of strength. One can buy IDEA...
Eicher Motors seems to be ready for Breakout.
Looks bullish above 720-725
Keep stop loss below 3654
Possible Targets :
T1 : 2838
T2 : 2936
T3 : 3030
T4 : 3098
Also, do check the below related ideas for other stocks.
Stock had initially formed Cup and Handle kind of a chart patter on Daily Time frame and it gave a breakout.
Stock is now retracing after giving a breakout. and bouncing from the support zone of 57.25 - 57.55 which was initially acting as resistance.
All the moving averages are giving Bullish signals.
Hence it's a good buy at the CMP that is...
Breakout on Monthly timeframe
Buy Concor with the target of 710, 720, 730
SL below 680
If you are looking for long term the stock is expected to touch 900-100 levels within 6-12 months
Tata motors looks good for positional trade. The stock has broken it's Descending Triangle Pattern and gave a breakout. If it crosses the resistance zone that is between 337 to 342, we can expect a good upward movement in this stock.
Please feel free to share your valuable feedback :)
#SBIN If it crosses the resistance level that is above 372-377 zone... we can expect good upside movement in the stock... Looks good for 400, 415 & 423 as per my analysis. Keep it on your radar. #Nifty50 #BankNifty