For investment this stock buy and forget it, we see moving average yet not given confirmation and it might take time to confirm it, before that we see the trend lines, for long term keep watch or buy from current level and if it breaks then add more at 180 range for target 260 above.
As per daily chart we can see the waves formations and it has completed 1 2 3 4 5 and A wave, for Intraday or a week you can take buy position near support zone to complete B wave as a target, but as per my view, we should avoid long at present stage and wait to complete the C and think that time.
WOCKPHARMA, We got crossover confirmation in buying zone, even though a beautiful triangle and looks soon to be breakout with heavy volume, once it break and sustain and close above or near to 622-625 range, we can buy for short term or long term period for target 650 - 655 range & 700 range.
Currently DHFL will see the range bound between these triangle, might be a day or few days, we see there is a strong resistance line once it break or close above or near to 448 - 450 range, the next level will be 470
even we can buy from 432 435 range if it resist within the triangle.
As we saw in previous publish of BPCL and BHARATFIN and we got good success in both stocks. Here one more stock Asian Paints, as chart we saw there is trend breakout with heavy volume and we also found pennat pattern, as also we notice might there will be a crossover, once it break and cross below 1112 next level will be 1090 - 1080 . Best level to go long in...
One More Good Stock to trade on Monday, as we saw on 2nd june we got selling crossover rally and it nearly ends, we see now there will be a buying crossover, and we also see that on friday market was closed near resistance above 642 we are expected to see a good upper trend, for intraday trader this is a good opportunity to trade after 10 am, as if it break high...
Hi friends, a very simple method which many successful traders use the strategy with simple indicator moving average in 1 hr we see in 30 min ma have given a crossover for buy signal whereas in 1 hr it is expected, where as we also see a triangle formation, it is a good positive signal for Intraday traders, after 10 am we will get a proper entry level.