sachinnagpal1982

sachinnagpal1982

Stock has been in downtrend in nifty since Oct 2021. This is the first time when stock made higher low that indicates trend reversal. Chart is also making a rounding bottom pattern, which indicates accumulation and also an indication that correction is over. Chart gave a breakout from falling trend line and a follow-up retracement is also complete. Stock is also...

sachinnagpal1982

Looks like a base building formation is happening, Stock is about to outperform nifty bench mark index as well, historical data suggests that always a good momentum of 10-15% comes when stock outperforms nifty. Buy at CMP, add more above 541. Chart will make a rounding bottom formation above 541, so you can increase further positions there. Review at 578, 610 and...

sachinnagpal1982

Buy it on a dip close to 1780, Profit booking near 1950, Stop loss below 1675.

sachinnagpal1982

We can see that stock price increased by 50-60% when stock gave a breakout from downward trend line for last 3 times. I am hopeful that history will repeat this time also. Keep this stock in your radar and take positions when breakout comes from the downward trend line, review at 1080, which is the immediate resistance And around 45% up from the breakout level....

sachinnagpal1982

Breakout from inverse head and shoulder and downward slopping line, and a retest is also complete. Initiate long positions when price sustains above 2225. Chart pattern looks very good and it has a potential to hit 2380, 2495 levels, above it a very high chances that a big rounding base formation will happen and then first target will be 2879 and a new...

sachinnagpal1982

A reversal trade. RSI bullish divergence is clearly visible. Initiate long position when price sustains above 946 and review this position at 1000 levels. Keep a stop loss below 767. All levels are on daily closing basis.

sachinnagpal1982

Go long if price sustains above 1097. Aim for targets of 1170 and 1238. Stop loss below 1034. All levels are on daily closing basis.

sachinnagpal1982

Stock is making regular higher lows and respecting an upward trend line, making a rising wedge pattern as well and looks all set to give a breakout from immediate resistance. Breakout could be meaningful because it could negate the head and shoulder pattern. Stock is outperforming nifty, which is a good sign to take long positions. Volumes are also rising from...

sachinnagpal1982

A closing above 47.75 will give a breakout above inverse head and shoulder neckline, which opens up pattern targets of 54. Keep a stop loss below 45.80 on daily closing basis.

sachinnagpal1982

Stock is making a rounding bottom that indicates accumulation & getting ready to break the next big resistance. Daily closing above 183 can lead to 192 and 200 levels. Keep a stop loss below 174 in this trade. If a closing comes above 200 levels, then stock price can increase by 10-15 % very quickly because all previous gaps will be filled and weaker hands would...

sachinnagpal1982

Stock took support from a very long term support range and now giving a breakout from 7 months consolidation range. Volumes are also good recently. Stock is about to outperform nifty that could trigger a descent up move in short term. Positional targets are 406, 450, 490. Proper stop loss for positional trades will be below 330 on daily closing basis, Short term...

sachinnagpal1982

Stock is making higher lows and now a rounding bottom formation, looks like preparing to break resistance of 976. Go long at CMP to improve risk:reward, Increase your positions above 976 and then revisit this trade at 1030 levels. Keep a stop below 865 in this trade.

sachinnagpal1982

You can not explore this world without Google. Chart pattern indicates price is coming out from a 5 month long accumulation range. RSI divergence is clearly visible. Wait for a weekly close above 120, you can take position on today’s candle close as well if you want to take an aggressive short term trade. Soon stock price will outperform nasdaq and then a sharp...

sachinnagpal1982

Stock made inverse head and shoulder pattern. Stock is outperforming Nifty. Technical pattern target is 1485. Stop loss for this trade will be 1207 on a daily closing basis.

sachinnagpal1982

Chart pattern looks good, stock is about to give a breakout from trend line. 55-56 looks achievable, Keep a stop loss below 47.50 in this trade.

sachinnagpal1982

I like this stock chart pattern, it is making regular higher lows. Go long at current market price and increase your positions above 1820 on a daily closing basis. Chart has potential to reach 1900/1950 in short to medium term. keep a stop loss below 1720 on a daily closing basis.

sachinnagpal1982

Stock gave a breakout from downward sloping line. Chart pattern has potential to reach 3050-3100 in short to medium term. Keep a stop loss below 2650 in this trade. Good luck.

sachinnagpal1982

Stock gave a breakout from long term down trend trend line, stock was about to turn positive on nifty outperformance indicator as well. Higher lows on chart are also visible, indicates a trend reversal. Go long above 1165, Review at 1274 and 1460 levels. Keep a stop loss of 1030 for this trade. Good luck.