DELL chart on the daily looks good to me. Chart wise, expecting to see 150 soon where we may consolidate for sometime and slowly moving towards filling the entire gap area above, hence went with a longer duration contract in October which also covers DELL's next ER Took position this morning on the options
NFLX flagging on the daily time frame. if the flag were to break on the upside then expecting targets T1 - 665 T2 - 675 and T3 - 690 with a top loss of 630 on the daily CMP = 653.26 as of close on 13th May 2024 ER as per trading view on 17th July 2024
JIOFIN has a pole and Bull flag on the daily time frame. Expecting initial target of 400, followed by 410 with a Stop loss of < 345 on daily close basis CMP = 360 Target 1 = 400 Target 2 = 410 Stop loss < 345 on DCB
MDB seems to be forming inverse H&S shoulder on the daily time frame. with < 360 as Stop loss, expecting the below targets Target 1 380 Target 2 390 Target 3 400
NFLX on the Daily time frame seems to be going for gap fill to the upside now. Immediate targets would be 585/590 and 605 eventually Stops below 573 CMP 581 (pre-market)
ASML on the weekly timeframe broke out of the prior All Time High level of 877 made back in Sep 2021 and retested the same and is trading above that level. As long as ASML is trading above 900 level, we can expect to 930 immediate target, followed by 950 and then 1000 levels prior to their next earnings. CMP - 919 T1 - 930 T2 - 950 T3 - 1000 SL - day close...
GS last month broke out of this prior All Time High level(397.52). This month(so far) it is back testing the prior ATH level. Would be interesting to see the Monthly close on this. As long as we are closing above prior ATH level, expecting to see 420/450 levels If going long here, would consider Stop Loss of 385 on daily closing basis. If playing options, I...
QUICKHEAL All Time high was 404(made in Jan 2018). Level was broken yesterday with good Volume, Retested that level and held today. As long as 400 holds on Daily closing basis, expect to see 450 immediate target and above that 500 pysch level. CMP 416 T1 450 T2 500 SL 400 on DCB
Hindalco on the Daily is looking to Gap fill After the Q3 earnings for period ending Dec 2023, stock dropped from 580 towards 500 levels. Consolidated for some time and is now trying to fill the gap to the upside. Hit 560 today. As long as 550 holds on a daily closing basis, expecting it to see 570 and 580
DLF on a Daily timeframe seems to be forming a Inverse Head and Shoulders Pattern. Bullish on DLF as long as 880 is held(Stop loss) on a Daily closing basis. On the upside, I see potential targets of 940, 965 and 1000 levels. If we can break 1000 and sustain, we can expect to see it test the Prior All Time High levels of 1050 (made back in year 2008). CMP...
META reports Earnings on 01-Feb-2024. I expect META to test its prior All Time High level of 384.33 (made back in September 2021). CMP is 368.37 (day close price - 01/17/2024) Daily chart shows a nice hammer formation. If market were to support, we should see a nice move on this SL would be < 350 on Daily Close basis
VENUSPIPES has broken the Daily trendline and today it back tested/bounced nicely. As long as 1400 holds, expect to see below targets T1 - 1470 T2 - 1500 Will revisit levels as time progresses. Stop Loss (SL) < 1400 on Daily Closing Basis (DCB)
Granules looks good as long as it does hold 320 level on DAILY closing basis. On the upside, expect it to see 345 and 352-355 where we see that it would test the Trendline. SL - losing 320 on daily closing basis Target 1 - 345 Target 2 - 352/55
TITAN looks to be Bull Flagging on the Daily time frame. Possible we see targets T1 - 3300 T2 - 3350 T3 - 3400 ER Today so if playing options, be cautious.
IIFLSEC breaking out of Weekly/Monthly trendline Immediate target would be 85, followed by 92 and 100
ATUL Auto on the daily is forming a symmetrical triangle pattern. My view is that if we were to break upsdie, immediate target would be 635 and second target would be 675. One can go long with a Stop Loss below 590 on the DCB.
ASIANPAINT on Daily timeframe looks to be breaking down of the bear flag formation. As we can see from the chart, we broke down of the bear flag but today (so far) it seems to have held 3150 level. If the bear flag were to play out, then we should see it losing 3150. Ideally, 3300 level would have been best to short but since I missed to notice the chart, I...
COSTCO daily seems to be forming Inverse Head and Shoulder Pattern. I think we either base at 555 or 550 at the minimum to complete the right shoulder and head towards 570. Costco reports Earnings on 26th September. Inverse H&S valid as long as we hold 550 on the daily. If we lose 550, cut the trade and will re-enter again if it goes above 550.