PFC (Power Finance Corporation Limited) BUY ABOVE 123PFC (Power Finance Corporation Limited) BUY ABOVE 123
NSE-NIFTY
HINDUNILVR (Hindustan Unilever Ltd) BUY ABOVE 1970HINDUNILVR (Hindustan Unilever Ltd) BUY ABOVE 1970
INFY : TARGET 760!!Stock may trade till earnings
Target 760
Upward divergence both RSI and William R%
#NIFTY heading for a breakout. 2.7R Trade opportunityNIFTY approaching the local resistance with Higher LOWs.
A good R:R opportunity.
Symmetrical triangle in BPCL!!! & updating earlier Idea
earlier idea
BEAR BELOW--340
BULLS ABOVE-400
now BPCL is ranging and formed symmetrical triangle
can trade or add more on breakout of long side till say above 340
if breakdown then go for short
YES BANK - BUY ABOVE 290 FOR A HIGH PROBABILITY TRADEYesBank
cmp 276
Target 400 plus
Stop 265
Long suggested ABOVE 290.
Logic:
1) Nice rounding bottom formation.
2) Shorter MA crossed 50/100/200 ma.
3) Bull candles accompanied by above average volumes and pullbacks accompanied with low volumes.
4) Long suggested above 287 which is the last key notable resistance zone. Ideally above 290 to give room for false breakouts.
Disclaimer: I have directional long positions in yes bank.
Hindustan Petrol oil NSE stock buy opportunities at demand levelHindustan Petrol oil related NSE stock buy opportunities with new weekly demand level created around 233, following suit what Brent Oil and Light Crude Oil are doing, all three reacting to monthly demand levels.
There is a clear long bias with a very strong reaction from a monthly demand imbalance around, a very strong monthly pin candle has been created four months ago. That reaction has created a new weekly demand level around 175. No shorts are allowed in this oil related Indian NSE Stock, Hindustan Petrol HINDPETRO has a clear long bias now. This analysis is similar to Indian Oil Corp IOC supply and demand analysis with similar demand levels being created
Very strong weekly supply level created, no reasons to go short. We don’t need any kind of lagging o non lagging indicators, no earnings, just pure supply imbalances in order to plan a trade.
HAVELLS - CUP AND CHEAT PATTERN#HAVELLS
CMP 713
Buy above 730
Stop 675
Logic : Trend template + Cup and cheat pattern
INDUSINDBK - BREAKOUT WILL LIKELY AMPLIFY FALL#INDUSINDBK
Positional and Intraday trading opportunity.
CMP 1485
Short at 1465-1468
Stop for intraday 1490
Stop for positional / swing 1525
Target Open.
Logic :
1) Bearish trend template (daily chart)- Filter 1
2) Downward sloping daily pivotzones (5 min chart) and close below 375 period moving average of daily pivot zones (5 min chart) - Filter 2.
3) Price currently resting close to support level of 1472 (Rs 4-7 cushion kept for avoiding entry during fake breakouts) with a nice contraction in price and volume.
AARTIIND - HIGH PROBABILITY BULLISH SETUP#AARTIIND
CMP 1550
Stop 1375
Target Open
Logic :
Cup and handle breakout witnessed in weekly chart accompanied with good volumes.
YoY quarterly np, op and sales has been increasing at a good rate over the last 3-4 quarters.
NIFTY - Intraday Long StraddleCaptured a good set of November options. Will exit as the day closes. Idea is to not lose money to theta while capturing any move in any direction.
IV is low today - fair chance a straddle may not work - either way I will exit by EOD.
Bull flag formation for Meghmani, waiting for the breakout.Hi Guys,
As you can see in the chart, It had a healthy correction and heading towards the upward momentum. And also crossed the 55 EMA line which is a good sign for it.
MRF range break out ?MRF Tyres seem to have formed a double top. A short below the range, or a long above can be initiated in the following sessions.
Buy SREIWith good volume buildup and stock showing multiple signs of reversal, this stock should be bought. We can expect a minimum of 54 in this stock. If momentum continues we can even see 70. This stock has the potential to give good profits in longterm even if 70 is crossed. Give it time and it should give you returns.
JUST DIAL - MOMENTUM SEENJUST DIAL
CMP 577
Target 900 plus
Stop 480
1) Stock possibly in the process of rounding bottom (RdB) formation.
2) Stock is currently forming a strong rectangular base in the bottom, with the high of the base at the Stocks first ever price tick open.
3) Stock more likely to break the high of the base as significant volumes seen in last few trading sessions and given the fact that currently , within the base, the stock is consolidating with a minor flag pattern.
4) Aggressive investors can buy at CMP but has to face the risk of the low probability event of stock retracing from the high of the rectangular base towards the bottom of the base in which case stops will protect; Conservative investors can wait for the stock to breakout and then enter; Breakout region is approximately around 625-630.
FDC - LOOKING VERY BULLISHFDC
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.
