Lot of technical reasons for choosing NMDC . 1 As per Ichimoku in daily above cloud 2. as per renko 3% first time above 20/40 EMA line 3. as per candle RSI is above 62 which is first time after long time . Buy NMDC above 152 And stop loss is on closing basis of rs.139 . always keep stop loss
Wock Pharma at very strong support . i used 4 hour time frame to analysis the above stock . entry and exit are based on P &F charts 1% box reversal method . why i choose the point and figure is the method give you exact price to enter and exit . please use stop loss .
price of stock in in the box and ready to blast . As per p&f system price closed above 10 SMA . stop loss is on closing basis . keep trailing stop loss . method of trailing can be . moving average , ATR , weekly low , daily low or median . do not let a profit position convert into loss . happy trading
As i have marked the support and resistence points on the chart . it shows price below 314 can go upto 285 . trader can only enter this trade below 314 not before. and keep an alert on your trading terminal for the same
This is a contra call on IGL . stock is available at the previous support level . with less risk reward is very favorable. keep strict stop loss. in such type of trades where we take decision opposite of stock trend . we should allocate less capital to such trades and stop loss is must .
As per my study i feel the stock is in good risk to reward ratio. stop loss of 711 is on closing basis as you can also see the stock never closed below 711 in its last swing . as per P&F charts also very good setup .
Jswsteel price is trying to get above the range since long time . some steel stock are making LTH . so one can expect good run in the jswsteel also. charts structure is also favors the same . buy only above the price 698 and keep strict stop loss
why i asked to buy above 770 reason . 1. multiple trendlines works as resistence . 2. today's candle above cloud. and 3. still as per supertend daily stock is in sell . buy adaniports above 770 cash and stop loss of rs.697 only on closing basis should me maintained .