Zeel StockZeel make an inverted HND pattern if zeel break the support lvl or the HND pattern we will gor for short if the stock take rejection we will avoide or find for buying side opportunity
Indianstocks
Wait for 650 to short adaniport at 100 moving averageAdaniport racing towards 650 which is the next resistance. Wait for it to come there and then short it using call options. Call options are priced richly and selling call spreads at 650 is a good trade.
Indian bank so one of my client told me to post the chart of india nifty and tell us what you think.
So Has i can see bank nifty is bearish and it might break the support has well
#SAIL - major resistance lineNSE:SAIL
Start investing on the breakout of trendline...
GANN THEORY
let hope
INVEST ON YOUR OWN RISK
Bearish flag pidiliteBearish flag below the 200 dma. Pidilite is consolidating at 2300 which is a strong support. And break below can take it to 2000 which is the next support.
Execution - take in the money calls at 2400 as they are cheap on iv basis. 2400 puts at 100. Stop loss at 2360 which would be 50 bucks. Target of 2100 or above the next logical support shown on the chart.
BPCL SHORT TO MEDIUM TERM VIEW BPCL Short to Medium Term View is given
SL is on 336.40
Entry is at 324.55
Target is at 299.90
This View is for Short to Medium term only and is purely based on technical analysis and is for educational purposes.
WiproMost of the price action views for a stock are reliable and here on the chart of Wipro; formation of Triple Bottom Pattern clearly depicting a new signal and will provide a good opportunity after its reversal from price of 377. Whereas new orders will arise at 400 witha target of 60points and the booton of the pattern will be a stoploss for the trade.
Thank you.
Hope you like my view.
Ganesh Benzoplast ready to blastBreakout with volumes after consolidation post an impulse up move. Provides a favorable risk to reward ratio to trade
Entry - 176-178
Stop Loss - 168
Target - 19
UPL UPL - Elliott Wave View.
The downward correction remains pending with the formation of triangle. Invalidation at the high of wave E.
#COAL INDIA Looking good for 09 mar 23#COAL INDIA...
Intraday as well as swing trade
All levels given in charts
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this
We take trade only when it activates...
Indian Liquor StocksThis is custom index of Indian Liquor listed stocks with equal weight. It seems that the whole index is going up and new Russian Market demand is driving the same. Actual increase in profit will come after quarter end but as market is discounting machine price will move up ahead of actual results in expectations.
Breakout opportunity in HALAnother stock in the radar with the upcoming budget with a focus on the defense sector. DMI bullish crossover likely. Entry only above 2575, breakout with volume support
Shall update target and stop loss levels once trade is active
OIL India ready to give 16% upmoveThe price has bounced back from 21Ema support with increasing volumes tilting the strength towards the buyers.
DMI movement backing the bullish view. Buy above today's high price of 260
Entry- 260-261
SL - 245
Target - 298
NSE:NATIONALUM looks long towards 87.2NSE:NATIONALUM looks long towards 87.2. On SMA level buying price RANGE 84 and looks first breaking point 87
UBL SHORT TERM VIEW UBL Short Term View Is Given
SL is on 1,445 (Candle closing below 1,445)
Entry is at 1,472.45 ( Any Candle closing above 1,472.45)
Target is at 1,536.25
This View is purely based on Technical Analysis and is for education purposes only.
SBI (STATE BANK OF INDIA)The idea is based on the Elliott Wave Theory. The rally in PSU Banks seems incomplete and SBI could reach higher levels before making a corrective move.
If the ending diagonal doesn't invalidate, a reversal is likely from the upper trendline.
Buy set up for Ambuja CementAfter consolidation post-downtrend, the stock breached the resistance level of 363 with volume support. Its well set to move upwards toward the next resistance level of 393
Entry - 372
Target - 393
Stop Loss - 362
ADANI PORTS - Risky but worth it The idea is based on the Elliott Wave Theory. The price seems to be correcting after making a 5 wave impulse. This could mean further decline in the stock value while it enters the wave (3). Invalidation level remains at the top of wave 1. (i.e 595)
Reliance Bullish Formation of Head and shoulder pattern, which indicates a downside. Getting rejected at the resistance and trendline for multiple times. Targets are at the levels of Fibonacci.
TATA MOTORSThe idea is based on the Elliott Wave Theory. The long term bullish cycle has started from March 2020, and after a 5 wave (impulsive) rise, the price is now correcting (WXY correction). The level of 300 is crucial as it is a strong resistance and also coincides with the 50% fib. retracement.
PFC (Power Finance Corporation) The stock is likely to keep growing in the next few months as it is breaking out of a large range of consolidation.
HINDUSTAN AERONAUTICS (HAL)The idea is based on the Elliott Wave Theory. The current price seems to be corrective in structure which suggests another wave Y could unfold driving prices to the previous levels or lower.
MARUTI (SUZUKI) - Elliott Wave ViewThe stock seems to have completed a 5 wave structure (expanded) and could start its correction phase ahead. The idea is based on the Elliott Wave Theory.
