Balramchin It gave a break out last july moved a bit with good momentum came down, retested and took support on the trendline.
weekly and monthly (with higher highs) looks good for a positional trade/ swing trade, with this swing low as stop loss. ( or can keep the stop loss with respect to the time frame and nature of the trade)
#balramchin
KOTAK BANKNSE:KOTAKBANK
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Management and Risk Appetite.
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Bata India Ltd, Monthly TFLongterm View
It has reached the covid fall levels and is almost around 0.5 fib retracement level. looking good for long term. can buy in small small chunks between zones 1000-1300, rather than going all in at the same time.
major resistance going forward will be arnd 1660 lvls above that 1900 & 2100.
Positional setup seems to be forming in Bajaj FinservPositional setup in Bajaj Finserv is seen. It may take few weeks to reach the target. Cup and handle was recently confirmed. There is a possibility of positive move ahead.
Note: This is not a trading recommendation. This analysis is for educational purposes only. We'll know in few weeks if the price moved as per the study.
It is not advisable to go long when many market indices are still trending low.
Glenmark Pharma (Weekly View)Good setup in Glenmark Pharma after long correction. Have been in up move for last few weeks. Looking good on weekly basis. Tariff news might dampen the move but compared to other pharma stocks, it has been resilient. Broke the channel on weekly basis. Volumes are steadily rising. Good stock to keep under watch. May surprise once the tariff noise subsides and there's clarity. Chart setup and levels self-explanatory.
Please note, this is a not a buy/sell reco. For study purpose only.
Kokat Bank - Long Setup (Weekly view)Good setup in Kotak Bank after long consolidation. Have been in upmove for last few days. Looking good on weekly basis. Banks in general have been showing strength. Should see further move beyond 2250, if a new base is formed in that region.
Please note, this is a not a buy/sell reco. For study purpose only.
Thanks
INFOSYSINFOSYS
MTF Analysis
INFOSYSYearly Demand 1,260
INFOSYS 6 Month Demand 1,730
INFOSYSQtrly Demand BUFL 1,730
INFOSYSMonthly Demand 1,481
INFOSYSWeekly Demand 1,481
INFOSYSDaily Demand DMIP 1,415
ENTRY -1 Long 1,481.0
SL 1,400.0
RISK 81.0
Target as per Entry 2,502.0
RR 12.6
Last High 1,951.0
Last Low 1,400.0
Maruti coming to level Weekly DemandMaruti
MTF Analysis
MarutiYearly Demand 9,769.0
Maruti 6 Month Demand 9,769.0
MarutiQtrly Demand BUFL 10,932.0
MarutiMonthly Demand 11,518.0
MarutiWeekly Demand 11,133.0
MarutiDaily Demand DMIP
ENTRY -1 Long 11,133.0
SL 10,725.0
RISK 408.0
Target as per Entry 16,364.0
RR 12.8
Last High 13,541.0
Last Low 10,718.0
ENTRY -2 Long 92.0
SL 88.0
RISK 4.0
Target as per Entry 16,364.0
Last High 13,541.0
Last Low 10,718.0