Positional
Shankara BreakoutShankara has done strong breakout.
Best buy price will be around 770.
Add to watchlist.
Prakash pipe looks goodPPL Has given very strong breakout.
Now waiting for a retest entry.
Keep on watchlist.
ABB Getting ready for next legABB After previous trade again getting ready for next leg if it breakouts.
Keep on watchlist.
GIPCL Pilot positionMade pilot position for GIPCL at 107.5
SL is wide (99), hence less cap and safe can avoid it and wait for a retest.
Allocated 20% trading qty.
Dlink has given a strong breakout!As seen in the chart, Dlink has formed a flag and pole which was broken 2 days back.
The flag is a beautiful cup and handle pattern which justifies strength.
This is an exceptionally good chart for a positional trade to buy on dips till 300 with an SL of 260.
A swing trade is risky at CMP with SL of below 290 DCB.
Targets can be 370, 400 and above.
Note:-
Idea is shared for educational purposes only. It should not be considered as a recommendation.
RHIM: WATCHOUT FOR BREAKOUT OF ROUNDING BOTTOMNSE:RHIM is forming a rounding bottom and is near its resistance line. Watchout for the breakout of same. Long positions can be taken only after closing of candle above Neckline.
GAIL making setupGAIL
In range bound mode since 2 years.
Now staying near resistance area.
Keep it on watchlist and trade on confirmation
RPSG Ventures RPSG ventures interesting once it crosses 480.
keep on watchlist and trade on breakout.
Tata Power Showing Power on chartStock: TATA POWER
Position: Long
Reasons for the position: Breakout
The stock market is volatile and there is no guarantee that TATA POWER Ltd will continue to perform well in the future.
The company faces competition from other companies in the same industry.
The company is subject to risks associated with its industry, such as changes in government regulations or economic conditions.
Happy Trading
DAILY CHART - RELIANCE INFRAThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
Agarwal Ind looks goodAgarwal Industries looks strong.
I missed entry into it, and hence will wait for a good entry point.
This stock is good for long term as portfolio as well.
Airtel looks good on chartAirtel is looking good.
Has broken out but lacks confidence as per me.
Above 160 close is much needed to perform and sustain breakout.
REFEX AddedTook position in REFEX at 547.5
Stock in LT ASM Stage so need to be vigilant. Also, circuit will be limited to 5%.
EASEMYTRIP towards 55 levelsIn the Latest, ease my Trip has been seen taking support around 40 levels twice in the past few months.
First in the month of March 2023, and second in July 2023.
Now, if it sustains above 40 levels, it is most likely to move towards 55 levels in the coming months.
Immediate weekly resistance is around 48 levels.
ZOMATO Towards 130 levelsWe have seen a remarkable rally in Zomato Ltd in the past few months from 45 levels to 75 levels, that's a whopping 81% gain in a span of about six months only.
Well, the stock doesn't seem to stop here and has the potential to give another 70-80% gain in another 6-8 months' time, if sustains above 69-70 levels.
It can be a great risk to reward positional trade at this point of time and price
Rolex Rings Breakout retestRolex rings doing breakout retest attempt.
Will wait for a good candle to take confirmation and entry.
XAUUSD 240 MINS CHART The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
