DMART AT BUYING ZONEOn the results shaver Dmart down more than 17%
CMP at 3458
PROS:-
1. Forming a hammer pattern at daily support level & trend line.
2.RSI Showing divergence & cross over.
3.MACD also showing strongly cross over.
4. before candles shows some buyers strenght.
risky traders can enter now
otherwise wait for 2 nd candle to close above higher price of inverted hammer
SL will be below inverted hammer LOW
Target min 12% from here.
GO & CHECK GUYS ONLY FOR EDUCATIONAL PERPUSE ONLY
DMART
#MorepenLab #pharma #cnxpharma #cipla #lupin #sunpharma #sparc#MOREPENLAB
NSE: MOREPENLAB
CMP 31.70
Target 42+
SL 27.5
RR >2.5 times
Return > 30%
Timeframe < 6M
NSE:MOREPENLAB
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
MFSL Long Term View with Small Stop LossDear Guys,
hello guys so today I have done a research on NSE:MFSL so basically my view is bullish because it has good volume at down and we are getting this street with lower risk and higher reward so people who follow me can take this trade before any news comes whenever stocks go up or go down on charts we can see it clearly before anything happens so this is educational video before taking any trade consult with your financial advisor with this trade profit will be yours as well as loss will be yours only do your own analysis also before taking trade thank you guys
DMART - Waiting for its breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
SELL DMART AROUND 3350 TGT 3100/2850 SL ABOVE 3450It has made a doji on the top of the chart with declining volumes along with divergence shown on RSI. On the fundamentals part, Revenue, operating profit and net profit has seen a sharp decline along with eps . Also the Price to book value ratio is too high @17.81.