Positional
DLF ::: BULLISHL O N G T E R M S I P T R A D E
DATE: 20 MAY 2021
INSTRUMENT: DLF
TREND: BUY
TIME FRAME: DAY
CMP: 268.40
BUY ABOVE: 263.20 - 264.30
STOP LOSS: 250
TGT 01: 273
TGT 02: 285
TGT 03: 291
TGT 04: 292
TGT 05: 301
TGT 06: 306
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
GODREJCP ::: BULLISHL O N G T E R M S I P T R A D E
DATE: 20 MAY 2021
INSTRUMENT: GODREJCP
TREND: BUY
TIME FRAME: DAY
CMP: 268.40
BUY ABOVE: 810 - 812
STOP LOSS: 800
TGT 01: 846
TGT 02: 857
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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Canara Bank (Canbk) Swing/Positional Trendline breakoutHi look at the chart, got good volume and gave breakout.
The stock tried to break the 120 levels many times, but finally it broke the resistance and made it support.
Now see the stock, it gave trendline breakout with good volume and if tomorrow it sustains above 163 then we can expect a very good move.
Always maintain your risk reward.
you can place your stop loss below the support zone 148 for safe players.
Thank you.
Whirlpool - at Solid SupportAfter Delta Corp, another stock that came on my radar is Whirlpool India, the reason being :
1. Stock trading at strong support.
2. Positive price action near the Support area.
3. Rise in Volume.
4. RSI continuous support at 40.
Now if the stock sustains 2000 levels, it might test 2300 initially, and also its recent highs around 2800 levels.
Trade type : support trade, positional
GUJARAT SIDHEE CEMENT:Cement sector stock-6Sl-29
Stocks for the week-4
Hello everyone, this week we are going to invest in many different sectors.
One of which is CEMENT SECTOR(from infrastructure sector).
I will be posting best stocks of cement sector and the % allocation that stock should take in your portfolio.
STOCKS ALLOCATIONS
Stock 1: AMBUJA CEMENTS LTD 25%
Stock 2: ACC LTD 15%
Stock 3: INDIA CEMENTS 15%
Stock 4: JK LAKSHMI CEMENT 15%
Stock 5: SANGHI INDUSTRIES 10%
Stock 6: GUJARAT SIDHEE CEM 15%
Stock 7: BURNPUR CEMENT LTD 5% (penny stock)
So folks feel free to DM or comment.
DELTA CORP LTD Long term trendline BreakThe stock has broken its 3 years downtrend trendline in Dec 2020 and has been able to sustain above it and consolidating in the range of 200- 150.
Currently, prices are trading at and taking support at the lower range.
And it is likely that it might bounce and move towards the upper side of the range at the minimum.
One more positive thing to notice here is the higher high and higher lows structure of this recent rally that started in March 2020.
This could be traded with a stop below 140 levels for an initial target of 200 and if the stock reaches its initial target, it could be trailed for higher targets.
Type of Trade: Positional
Is Powergrid a good buy? I was scanning the stocks through the gainers and losers list today, and the stock that took most of my attention is the Powwergrid.
Why? Let me tell you, the first and foremost reason was: the stock went above its all-time high today, though couldn't close above it, but it did make a new high today.
Second: Price Action on All timeframes are in alignment, all pointing in one direction.
Third: RSI is above 60 on daily weekly and monthly charts.
All these parameters, suggesting that we could see a good move in the upside in the stock..
The range i could see for the short term is 225-210, in which stock could consolidate.
Conclusion : Sustaining above 210 levels, stock could see 270 levels in the coming weeks/months.
Type of Trade : Positional, Breakout
Technical View: Hold for Target of 725,770 and 880Technical View: Breakout on Weekly Chart with Increasing Volume, Hold Motilal Oswal Finance for Target of 725, 770, and 880 respectively.
Current Price: 657.50
Keep Stop Loss: 572
Disclaimer: Not a buying/selling recommendation. Please consult your financial advisor before any investment in equity.