nirmalrhegden

nirmalrhegden

I am in love with this chart. Ashok Leyland since listing in 1999 is in a clear uptrend. The bottom trend is always a definite buy! Now Ashokley is on the verge of break out, closing above 168rs is a buy idea. Target is the top uptrendline , I suppose it will be around 260-270rs. SL closing below 168rs. The risk (almost no risk) to reward is 1:100

nirmalrhegden Updated 

This stock is compounding since Covid crash, March 2020 and in a clear uptrend. Currently it is at a good support trendline, expecting to bounce back from this level. For a swing, 450- 460 range and 550-560 range are targets.

nirmalrhegden Updated 

Raymond is in a channel line trend since April 2021. For swing trade , we can select the lower trend line as an entry point. Close below this line is an exit. Target is the upper trend line w.r.t to time.

nirmalrhegden Updated 

Engineers India chart, check with daily as well as weekly time frame. See the channel pattern since inception. The stock has took support twice on Mar 2020 and July 2022 on the trend line. It is now showing a reversal from Jul 2022 with trend line breakout (see the trendline slanting down from left to right. First target 90rs and next is 140/160. Expecting a...

nirmalrhegden Updated 

AMIORG has given a clear BO from the trend line from last few days and respecting the support line. Today, 13th Sept, there is a large volume of 2 million followed by a up movement in the stock price giving a proper breakout with backed by huge volume. Immediate target is 1170-1180. For long term targets are open. Another positive factor is a cross over of 50dma...