IOLCP - Falling Channel BOIOLCP is looking interesting with falling price action and rising RSI levels on daily timeframe.
One can go long here with small SL of 605 DCB
- If you go on weekly charts this falling channel will form bullish flag pattern
- If broken with volumes expect the new ATH soon in this counter
Rest all the key levels are mentioned in the chart for swing trade.
Nifty500
BBTC - Falling Wedge BOThis script looks amazing on a daily timeframe, but if looked at closely small hurdle is on its way weekly Trendline.
- Gave strong falling wedge breakout with volumes today.
- Weekly RSI (60 Levels) and Weekly Trendline is going to act as resistance
- Has resistance @ 1380-1400 Zone as well but can be overlooked if yearly trendline is broken.
One can go long above purple trendline with SL of 110 WCB
AvantiFeeds - 3 yr TrendlineAVANTIFEEDS is looking strong, on the verge of BO of 3 yr long trendline.
- Trending stock in daily Timeframe
- Weekly RSI levels have crossed 60
- One can see Ascending Triangle Formation as well on the chart.
All the key levels are mentioned in the chart.
One can go long here or in dips around 520-550 levels with SL 465 WCB
MASTEK - Bullish FlagOne more bullish flag setup with an impressive volume setup.
Mastek is a trending stock and formed a bullish flag setup.
- Can spend some time near 1780-1880 levels
- RSI is cooling off for now, can take support from 60 levels
One can go long now or after BO levels
Keep MASTEK on watchlist for the move
KPRMILL - LONGKPRMILL is looking an awesome trade from here
- Trending stock
- Near to ATH
- Bullish Flag setup (with volumes)
- Weekly above 1530 is open sky
- RSI
- Daily RSI bouncing from near 60 levels
- Weekly RSI already above 70-80 levels
Aggressive trades can go long from here with SL 1299 CLSB
Or one can trade after BO level of 1530 with same SL
FINEOTEX CHEMICALS LIMITED :: BULLISHDATE: 23/5/2021
INSTRUMENT: FCL
TREND: BUY
TIME FRAME: DAY
CMP: 83.40
BUY ABOVE: 85.15
STOP LOSS: 78.10
TGT 01: 98.35
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
SARDA ENERGY AND MINERALS :: BULLISHDATE: 23/5/2021
INSTRUMENT: SARDAEN
TREND: BUY
TIME FRAME: DAY
CMP: 534.05
BUY ABOVE: 541
STOP LOSS: 510
TGT 01: 584
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
BATAINDIA - LONG SetupBATAINDIA has a small bullish flag structure in the daily chart but a big resistance trendline of last 5 months.
Closing above that trendline can give fresh BO and once BO is done
One can go LONG with strong 1300 SL as support on WCB
Chart Description:
- Small bullish Flag
- 5 Month strong trendline
- RSI at 50 levels (facing resistance)
HINDALCO INDS TRADE SETUP HEAD AND SHOULDER +Elliote Wave Hello Guys, Sorry due to busy schedule not uploading any setup from past 24 hour
Hindalco Inds Good for buying For short term profit
when you look at 15 Min chart you see a head and shoulder pattern for target 127 I mention below
According to elliote wave principle now we are riding on 5 the wave which is the last wave if it moves further upward we can see the level of 130-135 easily
Thanks
NIFTY 500 15M HOLY GRAIL TRADING SETUPAdd ADX with 14 period
Add 20 SMA
Watch for these to setup trade
ADX above 30 level (manually add 30 level)
Price above 20 sma
Wait for a pullback that touches 20 sma
Place a buy stop above the high of the candle that touched the 20 sma
Stop Loss below the 20 sma
Take Profit up to you
TP can be price crossing below 20 sma
TP can be a 1 x 2 risk reward ratio
TP could be a fib level