Nseindia
JSWSteel - ready to breakoutHello Friends,
I am posting after couple of years :). Due to personal work, I didnot concentrate on trading.
Well, here I am.
With stock ideas. Soon, will post Crypto Ideas as well.
JSWSteel, it broke the triangle patter few days back. Now trading at 750 ranges testing the ATH.
Now, seems the selling pressure as been reduced and we are at the last push. A dip to 730 rs, can help the stock to gain the strength and make new ATH.
This scenario would complete a Cup and handle pattern. One can watch this and trade the breakout.
I am just sharing my analysis, you own your money. So, when you trade please manage your risk.
ACC 15 Mins Chart Showing Positive MoveACC is moving in a upward channel. Yes it just hit the lowest point of the channel and bounced back. Today most probably it will be moving up. Even when the market was falling this week, ACC was one of the strong stocks which was giving Green after Green Candle. Wait and watch for first 15 min candle and take your call on Long / Short according to the movement.
Ramco Cement Reversal Trade The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zone and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
Long side Break Out Opportunity in ITCLong side Break Out Opportunity in ITC
TARGET 1 -> 230
TARGET 2 -> 300
STOPLOSS -> 190
1. Near to breaking out of this triangle zone
2. Good upside potential
3. Accumulate below 210
4. Very undervalued
5 . Overall bull run in market can support
6. expectation for up coming result in August
MOTHERSON SUMILevels -
Buy - CMP
T1 - 250
SL1 - 230
T2 - 280
SL2 - 220
The stock has turned around from its interim support after dipping to the level of 232. It is expected to witness the levels of 240 and then 280 in short and long term respectively. The target levels and their corresponding SL's are listed above. The primary reason for this anticipated up move is the shortage of semiconductors in global markets required for manufacturing cars, laptops, etc. Motherson Sumi is one of the manufacturers with global clients. Demand for its manufactured products is expected to increase, resulting in to increase in the order book, thereby increased profits.
NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
*IMP* Wockparma 2 month hold. 60% Returnonly buy if the candle doesn't cross and close 518 downwards. and buy on the end of day when the candle closes green or a couple of long wicks downwards on day candle. 60-70 percent return expected in 1 and half to 2 months. and 250/300 percent expected in a year and half to 2 years for long hold.