Perfect reversal trade based on RSI divergence. Important is stop loss, keep a stop loss below 210 on daily closing basis. Buy at CMP and add more on dips close to 227. First review at 260 and then 300.
Levels mentioned on chart. potential to touch 380 and 405 on short term, You can keep a stop below upward trend line on daily closing basis.
Chart gave a breakout and potential to hit 172, 184 and 200 in short term. Stop loss below 140 on daily closing basis.
I think correction in IRCTC is over, I am going to accumulate this for 875 and 1000 levels. I will not be surprised it chart makes a big rounding bottom and go back to previous highs of 1150. No stop loss is needed in IRCTC but technically a stop loss below 660 can be placed.
Greenpanel is a leader in MDF industry with solid growth prospectives. Stock is about to give a breakout from falling trend line. Safe traders can buy above 405 on daily closing, but I am buying at CMP on Monday. 440/500/600 are review zones. I am not going to put a stop loss in this company, but technically a stop loss below 340 on weekly closing basis can be...
Very simple chart, speaks for itself. Buy at cmp and add more on dips. Hold for 9000 targets. I think target should come in next year.
Gave a breakout from downward trend line after a big consolidation followed by inverted head and shoulder pattern. Buy at CMP for positional targets of 132, 140 and 150. Keep a stop loss below 112 on daily closing basis.
Chart suggests stock is completing its correction. Buy above 2618 either on daily closing or when price stabilises, look for targets of 2790 and 2900. Keep a stop loss below 2400 in this positional trade.
Chart set up looks bullish. Double bottom breakout followed by an inverted head and shoulder is in making, chart is making regular higher lows. Buy at CMP and add more on dips, review at 464 and 510. Keep a stop loss below 380 in this positional trade.
Buy at CMP, and add more on any dip towards 397. Potential to hit 440 and 500+. Keep a stop loss below 370 in this trade. Disclaimer - I have this stocks in my investment portfolio at around 350 level and may add more units in next week.
This chart recently made 2 interesting chart patterns. Initially it made a head and shoulder pattern, neckline was broken and stock price went down. Now chart made completely reverse pattern that is inverse head and shoulder. Breakout came from its neckline and now price is cooling down to retest. Initiate a buy around 255, aim for a target of 414. Keep a stop...
Inverted head and shoulder, breakout from falling trend line and follow-up reversal, stock is outperforming nifty index - All these parameters suggest that we can purchase this stock at CMP and add more close to 144. Technical target comes at 174. Keep a stop loss below 133 for this trade. All levels are on daily closing basis.
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...
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...
Buy it on a dip close to 1780, Profit booking near 1950, Stop loss below 1675.
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....
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...
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.