Fresh breakout in Wipro. Closed above previous ATH last week. It's standing strong today as well. Ideal buy range: 450-475 Target: 650+ in 3-4 months SL: Below 400
An inverted head and shoulder pattern. Added today @172 with a SL of below 160.
A fundamentally strong company trading right at the lower channel trendline, that has been intact for last 6 years. A very high probability of sharp bounce-back. I have entered today at 2190 with a stop loss just below 1950. Let's see!
A long term multibagger bet with low risk. A beautiful technical setup with HH and HL, with good fundamentals. I have a position around 55. It will become high-conviction to very-high conviction bet once it crosses 72.15 level. Target ATH and more. A groundbreaking product in the pipeline!
After a #longterm #trendreversal breakout few weeks back, it has started the week with blockbuster volumes. Esp. in current market scenarios, it's strength definitely deserves a conservative bet. I have added today around 157 with a stop-loss of less than 130. First target is upwards of 200. Let's see!
Snowman again at a strong support. High probability of bounce back. Just imagine if #Pfizer gets approval for vaccinations in India, who would be one of the biggest beneficiaries ;-)
Is this bottoming out? Taking perfect support at long term lower trendline. I am a long term investor and averaging it down at every opportunity I am getting. Let's see!
Added this one swing trade today at 117 with a stop loss at 105. It is getting ready for its next move, once it crosses its ATH of 144. It could take some time but looking at the technicals, probability of a quick bounce back is high. Let's see!
A very strong small cap forming an ascending triangle pattern. Very attractive risk to reward ratio (upwards of 1:4). T1: 379, T2: 435 (ATH).
Amazing setup. Let's see if it crosses the barrier this time!
A perfect channel movement, currently trading at the lower trendline. Risk to Reward ratio is mouthwatering. Could give a 30%+ return in short term. Keep an eye!
Long term trend reversal breakout, with today's volume higher than weekly volumes of last many weeks.
The P/E is ~7, P/B is <2 and the change in long term trend. How often do you see such trading ideas. I entered yesterday around 324 with a stop loss below 280. Targets as per the #FibonacciRetractment
Looks like a very attractive setup with at least 1:3 risk to rewards ratio, with potential for much much more! Entered today with a stop below 300.
Trading at a strong support. Good pullback from the breakout rally. Currently in the oversold territory. Could give a good bounce back!
A relatively riskier trade, but very attractive risk to reward ratio. It is currently testing its 2016 levels after giving a stellar breakout recently. I entered yesterday at 280, with stoploss below 260 and target as ATH.
Forming upward wedge, could see a blockbuster move once it crosses the upper trendline. I am holding from 310 levels and will add more once it crosses the upper trendline.