vaibhavmehta611

vaibhavmehta611

Divis Lab has been regularly taking support at 50 weekly ema and has always given a good move post taking support, entry at current levels with a stoploss of weekly close below 4350 gives a good risk reward for a move to ATH and beyond. NOTE: VIEWS ARE FOR LEARNING ONLY

vaibhavmehta611

Post cup and handle breakout stock has completed pullback and above 163 can continue its journey upwards to the levels marked and further for handle target of 28 points. VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611

Price is at an important zone a daily close above 209.20 can take the stock to levels marked on the chart. VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Muthoot Finance has given a triangle breakout and pullback, can be bought at current levels and safe buy above 1312 with a stoploss below 1230 daily closing basis for targets of 1345 and 1405 initially. VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Price has been in a downtrend since 2018, it has already made 3 attempts to break the resistance zone but has not been successful, now price is attempting to break the resistance zone for the fourth time, also this time the resistance zone is coinciding with fibo 0.50 level, break of which can give quick movement towards 131 & 146 levels. Note - Structure also...

vaibhavmehta611

Price has formed inverse Head and Shoulder pattern and can give a big breakout above 772, shoulder target is INR 100 above 772 and can be held for positional long for the head target of INR 340

vaibhavmehta611 Updated 

Price has given a W pattern breakout and pullback to breakout/Support zone & 9 Week EMA, can be added at cmp and dips upto 2550 for target arnd 3000, view gets negated below 2450 on weekly closing basis. On daily time frame price can give a trendline breakout above 2716 levels for initial target 2750. VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Price broke out of the downward sloping channel and gave a pullback to the breakout zone can give move above 1495 intraday for 1st target 1510 and second target 1530. VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Positional Idea : LT has formed a flag on daily charts and price is taking support at Fibo 23.6 level and 9 day EMA, close above 1148 will confirm flag breakout, safe entry above 1177, post breakout flag target is 270 points. Views for learning purpose only.

vaibhavmehta611

Price has formed a double bottom formation, close above 96.80 will confirm formation breakout for initial targets 102 and 110 and pattern target 131 DISC: VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611

Price broke the all time high and has given a pullback, the price is currently at a confluence of factors : 1) Price is retesting the previous breakout zone (Resistance acting as support) 2) Price is taking support at the 9 day EMA 3) Currently price is also taking support at 0.5 Fibo Level This can be a high probability trade above 537, close above which will...

vaibhavmehta611

Price has taken support of the 20 day EMA and is moving up to form the handle of the cup looks a good buy at cmp for initial target of 839 with SL of 770 and a breakout from the cup and handle formation. DISC : VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Price is at a very important zone, breakout from this zone can give a good move upto 540 initially which also happens to be the target of the handle sustaining above 540 can reach 560 & can also achieve the cup target of 600 NOTE : VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Price is at the all time high resistance zone and can give a breakout above 392.50, keep an eye on this can be a good positional buy DISC : VIEWS FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Price Broke out of the resistance/supply zone and gave a pullback, the price has taken support at the confluence of the previous resistance zone (which is now acting as support/demand zone) and 20 day EMA, above 93.20 can go upto 98-100 and above that can go upto 110, SL below 86 on daily closing basis, Also keep an eye on the sales numbers to be declared for...

vaibhavmehta611 Updated 

Price is reversing from trendline and horizontal support zone, looks good for short term buy at this level with strict sl DISC : VIEWS FOR LEARNING PURPOSE

vaibhavmehta611 Updated 

Price has been getting rejected at this zone consistently and now it has formed a rounding pattern which can give a breakout above 739, pattern target is approximately 155 points post breakout. DISCLAIMER : FOR LEARNING PURPOSE ONLY

vaibhavmehta611 Updated 

Break of trendline on daily closing basis can make for a good positional entry for long , size of the cup is approx 260 points and the handle size is around 60 points