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RBL BANK CMP 467 TARGET 402 STOP 500 WEEKLY CHART 1) LH and LL formation observed. 2) Stock has broken the strong long term support zone at 475-485 3) Relative strength shows weakening signs of stock.

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Hindalco CMP 220 Target 180 Stop 237 APART FROM THE TRADE SETUP, I HAVE ALSO EXPLAINED THE MOST IMPORTANT ASPECT WHICH IS POSITION SIZING AND RISK MANAGEMENT. THIS FORMS 80% OF A TRADING STRATEGY AND THE BALANCE 20% IS THE TRADING SETUP. FOLLOWING THIS WILL INCREASE THE PROBABILITY OF SUCCESS IN TRADING BUSINESS. Higher time frame (weekly). 1) Stock has...

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CANARA BANK CMP 235 Target 180 Stop 270 Weekly Chart Stock has convincingly broken down an important support zone at 249, which could potentially act as a resistance zone going forward. Stock could possibly retest the new resistance zone, which ideally is a shorting opportunity. Hence, shorting suggested at levels 245-249 with a stop of 270 for a target of 180.

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ALKEM CMP 2217 Target 2700 plus Stop 2100 Weekly chart Stock has formed a Cup and Handle pattern. Stock is on the verge of breakout of the handle. Ideal level to go long on the stock would be after getting confirmation of breakout of the cup lip which is at 2350.

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IDFC CMP 49 TARGET 35 STOP 59 Monthly Chart: 1) Series of LHs and LLs reflects a bearish big picture on this stock. Weekly Chart : 1) Stock has breached 200 period ema at around 55-57 and post consolidation for several weeks has breached previous swing low at 50. Daily Chart : 1) Stock has breached 200 day ema at around 54 and had formed a bearish triangular...

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FDC CMP 305 TARGET 360 PLUS STOP 275 Weekly chart 1) Stock has cleared previous reistance with huge volumes. 2) Stock has had a long consolidation W pattern spanning several months, the range of which has been convincingly broken out. 3) Stock has the potential to move towards 360 plus in the coming weeks time.

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SAIL CMP 73.75 Target 60 Stop 80 Daily Chart 1) Stock broke below 200 day ema with heavy volumes. 2) Higher time frame - Weekly chart has the stock breaching 30 week ema.

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LOTUS CHOCOLATE CMP 51 STOP 39 TARGET 82 PLUS Weekly Chart 1) Stock clears 200 period ema with huge volumes and currently consolidating with low volumes, possibly a penant pattern structure formation. 2) Stock has the potential to go towards 80 plus. An important fundamental reason apart from the above technical pattern is, globally cocoa price has begun its...

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CMP 2441 TARGET 2185/1822 STOP 2575 Stock below 200 ema. Stock has broken key multiple support levels with huge volumes. Short only below 2425.

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CMP 2943 Target 2750 Stop 3025 Stock below 200 ema Breaks previous support. Shorting suggested only below 2930.

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BANK NIFTY CMP 24902 Target 23945 Stop 25200 1) Upward sloping trend line support broken. 2) 30 week ema breached. 3) H & S sort of pattern with neckline breach observed. 4) RS breaches support zone.

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Nifty 10459 Weekly Chart analysis 1) Long term resistance turned support zone at 10300 - 10350 levels. 2) 30 week ema at 10285-10300 levels. 3) A potential H & S pattern INCOMPLETE set up observed. Left Shoulder and Head complete; however Right Shoulder may or may not happen. If index breaks 10285-10300 levels right shoulder would be completed. This means that...

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Godrej Agrovet CMP 655. Stop 610 Target 750 plus Daily Chart 1) Stock has broken out of the long term horizontal resistance line with good volumes. 2) HL and HH formation observed in the process of the breakout. 3) Stock has gone past 30 period EMA propelled by Double bottom (W pattern) setup. 4) RS is at a new high. 5) Stock can retrace a bit to form another HL...

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CMP 1452 Target 1800 plus Stop 1200 1) Stock has witnessed an upward channel breakout with huge volumes. 2) Relative strength upward sloping indicating stock experiencing specific buying vis-a-vis market. 3) Stock has the potential to reach 1800 plus which is the long term resistance zone.

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CMP - 1722. Target - 2420 plus Stop - 1400 1) Stock has cleared the long term upward sloping resistance line. 2) Stock has also cleared the multiperiod long term horizontal resistance line. 3) Huge volume based buying seen in the last weeks that has propelled the stock beyond resistance line. 4) Relative Strength upward sloping. 5) Stock has the potential to go...

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SANOFI CMP 5096 A) Weekly chart (HTF) (1 week = 31 trading hours approximately) Trend : Up 1) MACD histogram increasing - Means SMA LMA (12/26) distance / difference increasing indicating strength on the stock. 2) ADX at a new high - Suggests strength of the trend. 3) RS above SMA & LMA - Suggests relatively higher flow of money into the stock compared to...

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WEEKLY CHART 1) Stock has broken out of the consolidation zone with good volumes. 2) Relative strength has gone past previos highs; reflects strength in the stock. 3) MACD histogram increasing; reflects positive consensus on the stock by way of short / long ema crossover. 4) ADX above 20; reflects trend intact. 5) cmp 822. Target 944; stop 750

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A simple but effective option wrting strategy for a monthly income: Underlying concept : a) Strategy - Writing nifty call and put options simultaneously. b) Strike selection - Call and put strikes approximately above / below 100 points from market price at the time of entry. c) Adjustment post position - For every 100 point or close to 100 point change in...