Indianstockmarket
Buy Escorts for trading/investing now Escorts has bounced back from its critical support of 1080-1100. Its coming out of oversold zones with ROC getting positive. Buy it and as soon as it starts trading above 20 day moving average, have a trailing stop loss of the 20 SMA. Fundamentally a very strong stock and so it's good for both traders and investors.
SENSEX is Falling 01/02/2021as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
NATCOPHARM Can Be Good For Holding From HereNSE:NATCOPHARM We can add this script in our portfolio for long run lets discuss about chart view first and then target and sl.
As you can see on chart it was correcting from long time ago and as per price action rules, Stock will start doing consolidation after a huge fall or huge bull run.. The same scenario visible with this scrpt. After looking at current consolidation we can say there can be huge bull run possible in comming days. You can keep in Watch-List If you don't want to participate this you can keep your view on this.
Let's look at level :
Entry : 835
Target : 900++
SL : 775
Thnaks,
-UD Trend
Disclaimer : All Suggestions And Calls Will Be Pure Educational & Self Examination Purpose Only You Can Take Advise Of Your Financial Advisor As Secuirity Market Linked With High Risk.
Bank of Baroda - BSE - India*****Please follow, like, and support this idea, if it helped you in anyway*****
***This is not a financial advise***
Bank of Baroda fell sharply from the support level turned resistance and now holding on to another support since 5 months and seems like that it might test the resistance level again - this might take one year to two years or could even take next three months before the earning starts.
Going in with the views -
Dabur from 21 June 2020Dabur is showing signs of upside. .. multiple doji candle can be expected but stil
good upside movement possible ...
safe traders buy above 448.70 == volume tested support
risky traders can buy above 445 == above volume tested resistance
target of 454 -> 470
if touched 481 then complete reversal to uptrend can be seen !!
Buy KNRCON, can gain upto 18% from current price 216.90Reasons :
Last 3 candles
1st day red candle
2nd day gap down follow by recovery
3rd day gap up with long green candle
High Volume
broken down 204.40 resistance, represent 23.60% level as well
First Target 240
Second Target : 257
***You can go long on this stock, has good financial ratios