IAS potential Buy setupReasons for bullish bias:
- Entry at LH breakout(DOW)
- Bullish Harmonic XABCD pattern
- Bullish divergence
- Positive Earnings
Here are the recommended trading levels:
Entry Level(Buy Stop): 10.41
Stop Loss Level: 7.74
Take Profit Level 1: 13.08
Take Profit Level 2: 15.75
Take Profit Level 3: Open
Stockpicks
CARR potential Buy setupReasons for bullish bias:
- Strong resistance breakout
- Price has broken all-time high
- Accumulation phase breakout
Here are the recommended trading levels:
Entry Level(CMP): 62.18
Stop Loss Level: 52.73
Take Profit Level 1: 65.33
Take Profit Level 2: 68.78
Take Profit Level 3: Open
SHOP potential Buy setupReasons for bullish bias:
- Price is sitting at daily support
- Price gave breakout of B point in XABCD pattern
- Bullish candles accompanying since previous support
- TP1 till resistance
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 77.20
Stop Loss Level: 72.11
Take Profit Level 1: 82.56
Take Profit Level 2: Open
Downside: Earnings announcement tomorrow.
TSLA potential buy setupReasons for bullish bias:
- Price bounced from support
- Price-tested channel support
- Strong bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 173.80
Stop Loss Level: 155.80
Take Profit Level 1: 191.8
Take Profit Level 2: 209.8
Take Profit Level 3: Open
FCX potential buy setupReasons for bullish bias:
- Price has given triangle breakout
- Previously a bullish trend, it most likely would continue
- No divergence
Here are the recommended trading levels:
Entry Level(CMP): 43.46
Stop Loss Level: 35.72
Take Profit Level 1: 51.2
Take Profit Level 2: 58.94
Take Profit Level 3: Open
ADBE potential buy setupReasons for bullish bias:
- Price bounced from support
- Gap down after positive earnings most likely would be filled
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 521.19
Stop Loss Level: 481.40
Take Profit Level 1: 560.98
Take Profit Level 2: Open