Potential swing trade as chart made a bullish tweezer bottom pattern, Very short term players can buy with a SL of 4150 on closing basis and aim for 5-7% target. Positional players can also initiate longs and keep a stop loss below support range. All the best.
Share price is coming down but trend is still intact. One should look for buying opportunities near 150. Chart is self explanatory.
Monsoon season is coming soon, and it is expected to be a good monsoon season this time that will be beneficial for agri stocks like Dhanuka. Current pattern of Dhanuka presents a good trading opportunity. Stock is creating a base near 700. There is a positive divergence on leading indicators as well. One can go long at CMP and add more positions when a weekly...
Stock is in uptrend, making higher highs and higher lows continuously. Stock is making series of rounding bottom patterns and trading in an upward trend line. Stock tried to crack its 2018 highs and retraced with market correction. Now stock is available at attractive buying price. One can go long at CMP and accumulate on dips. Stock’s current technical...
Stock is in uptrend, i.e. making higher highs and higher lows. Made rounding bottom patterns, gave a breakout from symmetrical triangle pattern and finally cracked 2018 highs. Stock did a retracement with market correction, took support from first support level and looks like a good buy at CMP. Add more units when price breaks 1045 on higher side, Stock has...
Medium term trade - Stock is giving a multi year decade long breakout on big charts. Stock is about to give a close above 34.50 on monthly chart since 2010. Stock is holding strong in this turbulent market. To me, this is a meaningful breakout and as per my experience, NHPC has potential to give 20-25% gain in 6-9 months. I am a buyer in this stock at CMP,...
Stock was making continuous lower lows and lows highs since 2015. This is the first time when we can see higher highs and high lows which clearly indicates trend reversal and volume increase is also supportive. Medium to long term trade - Buy at CMP, add more on dips around 180 -190, For targets of 213, 235, 290 and 330. Keep in mind coal India has...
Medium term bullish trade - Stock is trading in upward channel. Buy at CMP and accumulate on dips around 115-116, Keep a stop loss of 109 on daily closing basis and go long for immediate targets of 132 and 138. Good luck.
Stock gave a breakout and retested, looks good with a potential to touch 1560 levels, one can keep a sl below 1380 on closing basis. I think current geographical concerns, Russia Ukraine war, will increase Indian budget in defence space and this stock should do well. Happy trading. Good luck.
Stock is continuously trading in a upward channel, again look support from the channel trend line. You can go long at cmp, keep a sl below trend line on closing basis, which could be 112 or 110 to be on the safer side and play the market volatility. Possible target is 132 and above. Happy trading. Good luck.
another stock trading in a downward channel, potentially a breakout will come sooner than later. You can either take a trade a CMP with a sl below 200 on closing basis or wait for channel breakout and then go long for 270 target and sl on the candle low that breaks the channel. Happy trading. Good luck.
Rolex rings stock looks like ready to give a short term upswing trade if manages to close above the downward slopping channel. Targets are mentioned in the chart, stop loss could be the day candle low that breaks the channel. Good luck.
Chart is self explanatory, don't panic..its just a normal correction. Good luck.
Complete media sector is in flavour post big rally in Zeel. This stock gave a breakout from inverted head & shoulder pattern in weekly chart which clearly indicates that long term downtrend is changing. You can go log at CMP, add more on dips. Hold patiently for another 6-12 months and hopefully this pattern will show you first target of 430 and second target...
Technical analysis - Stock has been in a downtrend from very long time, we can clearly see series of lower highs & lower lows. Stock broke the neckline of previous high and did a retracement. Double bottom formation with clear RSI divergence is visible on daily chart. I personally prefer to upload weekly/monthly charts here in tradingview to give a broader...
Technical picture - Stock gave a breakout from triangle pattern. Correction came in market and stock price retested twice but was unable to close below the breakout candle low. Trade set up - Go long, keep a stop loss of breakout candle low and is has potential to touch previous high. Once can book some profit there is trail their stop losses according to...