Trade Plan: Entry: Breakout Confirmation: Enter above 265 for confirmation of sustained buying pressure. Use smaller timeframes (e.g., 15 min or 1 hour) to confirm strong green candles with volume. Stop Loss (SL): Place your stop loss just below the support level at 260 to minimize risk in case of a fake breakout. Targets: Target 1: Aim for a 12% gain. Calculate...
Documented the View on Motherson for Long term holdings. It consolidated for 4 months before giving 92% movement ..Now resting and coming down. It is better to wait for the level to cross or come to base level and then accumulate for long term holdings.
IRB Infra Looks +ve above 60. This is following Descending Slanting Triangle pattern and looks like retest is almost done. But better be safe so preferrable after 60!! Then there is a potential to go 17% minimum!!
Apollo Hospital is forming an Ascending Triangle Pattern and there is a good momentum getting developed for last few days with consolidation as well. So there could be 8-12% run in the coming days..
Balkrishna has formed Descending Triangle Pattern.. and now in consolidation mode. Can give 8% and 17% in coming days.
Hind Petro is showing STP, and also a good momentum shown at the Resistance Line. So there is a possibility of 10% up move..
Dr Reddy can possibly give 8% in the coming days.. Good Movement seen in the last days and so there is a possibility of another 8%!!
This has got good volumes and has broken the channel. If it goes above 314 then it can go upto 356
India Cement has consolidated for 6 months after a steep rise. Now again i see a good momentum build up.. and if cross 390 again it can go for 10-15%
Triveni Looks to be Long if cross above 514. Moving in the same channel since April. So almost 9 months in the range..
Olectra has potential to give 22%. entry level 1785 above
BSE was consolidating from 2017 to 2021 then from June 21 to 24 it has given 700% returns!!
After the first dot which indicates the buying opportunity.. it went 53% in 42 days!!
After the Indication of the momentum.....13 days 8%!!
ITC check the performance after the Indicator gave the signal!! 10% move in 9 days!!
Consolidated for 150 days and now the move started.. in next 40 days it should hit 170!!
HDFC after consolidation for 60 days started its movement from 4th Sept and already 6% done.. Another 4-5% upmove will be there in the next 20-25 days!!
1. Channel broken after 9 months!! 2. Soon to give 10-15%!!