with SL 3340 one can long for very good targets as shown in chart
It has bounced and formed a very good structure near support zone. With sl 960 one can long here for targets 1200 and so on.
Good breakout of symmetrical triangle above 230 for targets 300 and on.. Sl would be 228 in this case.
Breakout and retest done from an important zone. Also, there is an inverse Head and shoulders pattern formed before breakout. It is very good to long at these levels with SL 590 and targets can be aimed at 700, 800 and so on.
Above 6800, it looks very good for targets as shown in chart.
Multiple Confluences as per chart: 1 About the break the supply zone of 5 years as shown in chart that started oct 2018 2 Very Good Accumulation happened in the levels between 50 to 130 3 About to break the trendline of 4 years that started oct 2019 as shown in chart 4 Forming a perfect Cup and Handle bullish pattern start accumulating and more conviction is...
Dr Reddy is all set to move and achieve targets as per symmetrical triangle breakout Targets would 4600 and 5000 minimum with SL 4200
Star health has been corrected a lot and forming Inverse Head and Shoulder pattern on daily. It looks a very strong conviction after it moves above 760 with SL 670 Target would be 920 and ahead.
Very good Cup and Handle pattern formation on weekly chart. Target is big as per the Cup formation shown in the chart. SL Can be near the Breakout level of the pattern and target is the depth as shown.
Symmetrical triangle breakout is near price 1986 level. Also a good reversal candles are visible from overall downtrend of Fibonacci 50 percent.
HDFC Bank is consolidating near the zone marked in the chart. This zone or resistance is tested multiple times and hence it gives a good conviction if it breaks this zone. Once it crosses this zone, there is a gap that will be taken out and good up move can be seen. Keep SL below this zone and sit tight for a long journey as shown by an arrow marked in the chart.
Stock is consolidating for 3 months after a good up move. If we connect a major downtrend swing as shown in chart, we get Fibonacci 61.8 percent around 372.5 Also, there is a trendline at this level from Feb 22. So, if it crosses this level, we can see a very good up move.
its at crucial level with very good RR for long position as shown in chart. 840 is the level to watch as below that the long view will be negated.
HCLTECH can be accumulated as well with a small stop below Friday's low. View negated if it closes below yesterday's low.
Wipro can be accumulated here with a very small stop below 600 Multiple confluences as shown in chart too.
MFSL reaching a crucial levels as shown It is good for a very good RR from here with a small SL. If it breaks 920, then this view will be invalid.
Above 470 it can show a strong move. with 650 as SL, do your own study before entry or exit.
It has very good structure with a divergence clearly seen on a chart. Can go long here.