Stocksignals
JOHNSON & JOHNSON Excellent confirmed sell signalJohnson & Johnson (JNJ) gave us the most optimal buy entry on our last call (April 17, see chart below) and easily hit our 157.50 Target:
Having been rejected early in September exactly at the top (Lower Highs trend-line) of the 2-year Channel Down and now establishing price action below its 1D MA50 (blue trend-line), this is a confirmed sell signal and the start of the Channel's 5th Bearish Leg. The RSI Lower Highs are common on all previous Channel tops.
Our Target is 141.00, which is on the Internal Lower Lows trend-line (formed by the last 2 Lower Lows) and still above the 1.236 Fibonacci extension.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
BDL Short-Term Long Trade on 15m Time Frame: TP4 ReachedWe initiated a short-term long trade setup in Bharat Dynamics LTD (BDL) on the 8th of October at 9:45 am, entering at 1114.45 based on the bullish signal from the Risological Swing Trader. The price action was strong, and we successfully reached TP4 (1225.90) by the 11th of October at 9:15 am.
Target Points Achieved:
TP 1: 1135.70
TP 2: 1170.15
TP 3: 1204.60
TP 4: 1225.90
Stop Loss (SL): 1097.20
This trade exemplifies the power of the Risological Swing Trader in identifying profitable setups and executing with precision. We’ll continue leveraging this strategy for future market moves.
ABB India Ltd - Potential Breakout Targeting ₹9,130This analysis focuses on ABB India Ltd , where the stock is exhibiting a potential breakout from its recent consolidation phase, suggesting an upward move toward ₹9,130, which is 9.39% higher from the current level. The chart includes Fibonacci retracement levels, key trendlines, and technical indicators.
Key Highlights:
Current Price : ₹8,510.30
Fibonacci Retracement:
61.8% retracement level around ₹8,835 has been broken, which is a bullish sign.
Price is expected to reach the 100% retracement level at ₹9,130.75, indicating further upside potential.
Trendline Breakout
: The stock has broken out of a descending triangle, confirming a breakout, which is supported by increasing volume and momentum.
Technical Indicators:
RSI: Shows a gradual rise, indicating growing bullish momentum.
Moving Averages: The stock is well above its 50-day and 200-day moving averages, reinforcing the bullish trend.
Key Levels to Watch:
Resistance: ₹9,130.75 (100% Fibonacci retracement).
Support : ₹8,084 (50% Fibonacci retracement).
Conclusion:
With the breakout above the descending triangle and the stock holding above key Fibonacci levels, ABB India Ltd appears set for an upside move toward ₹9,130 . Traders should watch for sustained volume and monitor support levels in case of pullbacks.
Frontline FRO possible Breakout targeting $28Analysis
Trendline Breakout: Recently broke above a downward trendline; potential for bullish momentum.
Support and Resistance: Watch for support near the trendline and next resistance around 25-26 levels. Recent high volatility.
Key Points for Trading:
Entry Point: Consider entering on pullbacks to the trendline if volume confirms.
Risk Management: Set tight stop-losses below the trendline.
Target: Aim for resistance levels at $26,60 and $28,60 for potential profit taking.
Continued Monitoring: Watch price action and volume for sustained breakout strength.
Trend Forecast:
Bullish Bias: Short-term bullish trend possibly forming.
Support Level: Watch for support around the $23 mark.
Resistance Level: Immediate resistance near $25-$26.
Forecast Summary:
Expected Movement: Potential retest of resistance near $25-$26, with pullbacks to support.
Triggers: Earnings reports, market news, or geopolitical events could impact movement.
Risk: Tighten stop-losses to manage risk effectively.
PROCTER & GAMBLE Low risk buy opportunity on the Channel bottom.Procter and Gamble (PG) has been trading within a 10-month Channel Up (since December 15 2023) and on September 10 2024 priced the latest Higher High and got rejected. Even though it has broken below its 1D MA50 (blue trend-line), yesterday it tested and held the short-term Support 1 level, which is intact since August 14.
The 1D MA200 (orange trend-line) has been the absolute Support of this pattern, having formed just above it both the Higher Lows of July 30 and April 19. Yesterday's Low isn't as close to the 1D MA200 as those two but it is close enough to constitute a low risk buy for the medium-term, even though we might see a little more decline towards the Channel's bottom. Notice however the 1D RSI that made a clear rebound inside its 10-month Buy Zone.
As a result, we turn bullish on this stock and as with the last Higher High, we are again targeting the 1.5 Fibonacci extension level at 182.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Palantir Technologies | PLTRPalantir stock is set to pop in the next year as the tech firm erects an artificial intelligence "fortress" that will help it become one of the biggest players in the AI race in the coming decade, Wedbush Securities analysts wrote on Friday.
According to Wedbush's Dan Ives, Palantir is headed to $25 a share in the next 12 months. That represents a surge of 54% from Thursday's closing price of $16.15. Shares were up 5.7% at $17.07 early Friday.
The data software firm, which has been funded in part by the CIA's In-Q-Tel venture capital arm, is the "Messi" of AI, Ives said, referring to Argentine soccer superstar Lionel Messi.
"As we begin the 4th Industrial Revolution, Palantir is engaging in the widespread trend of various industries leveraging recent generative AI innovations to streamline operations and improve expense profiles," the Wedbush analysts wrote. Given Palantir's wide roster of partners in both the public and private spheres, Wedbush sees the next six to 12 months as a period of significant expansion for the company as it serves the growing demand for enterprise-scale large language AI models.
"This is early innings on a sum-of-the-parts AI story just on the cusp on monetizing this massive green field AI opportunity," it predicted.
Palantir CEO Alex Karp has been a vocal proponent of the rapid development of AI even in the face of risks associated with the technology.
In an op-ed for the New York Times this week, he wrote that AI will shape political developments in this century in the same way that nuclear weapons drove geopolitics in the last century. He cautioned that there are risks, but they should not deter the continued advancement of AI. "If these technologies are to exist alongside us over the long term, it will also be essential to rapidly construct systems that allow more seamless collaboration between human operators and their algorithmic counterparts, to ensure that the machine remains subordinate to its creator," he wrote. "We must not, however, shy away from building sharp tools for fear they may be turned against us."
Palantir is one of the most popular stocks, and for many, it's been a wild ride. Since the direct listing, investors have seen shares skyrocket to the high FWB:30S , crash to $5.84, and ride the AI boom back to the high teens. I invested in PLTR at the direct listing and purchased shares on the way up and as they declined in price. I was vocal about my dissatisfaction with how Alex Karp handled what has now become the infamous Q2 2022 conference call and became bullish again as PLTR turned things around. 2023 has been a strong year for PLTR as shares have increased by 182.47% YTD. Some investors have done well, while others got back to even or chipped away at the losses. Since May 5, shares have appreciated by 143.59%, appreciating from $7.41 to $18.05. Q2 2023 earnings are around the corner as PLTR is set to report post-market on August 7. Shares can continue higher into earnings and continue throughout 2023 if PLTR delivers growth across its revenue, earnings, customers, and contracts while maintaining its Q2 free cash flow (FCF) margins. In this article, I will discuss what I am looking for in the Q2 2023 earnings report and provide some insights as to what I think shares of PLTR could be worth in the future.
In 2021, PLTR made 45 official announcements through its website newsroom, and in 2022, PLTR had 44 announcements. PLTR has been busy in 2023; through July 18, they have made 26 official announcements. This doesn't include any of the blog posts PLTR has written discussing the work their conducting. I continuously research these aspects as they provide insight into what will be discussed on the earnings call and in the 10-Q. In Q2 2023, PLTR posted 14 press releases and another four in July. For PLTR to continue its growth trajectory, it needs more adaptation of its products in the government space as well as the private sector.
I expect PLTR to deliver strong growth numbers as there have been significant partnerships announced since April 1. On the government side, Palantir announced two deals with government entities in Ukraine, including the Prosecutor General's Office of Ukraine and the Ministry of Digital Transformation of Ukraine. PLTR announced that Ukraine would utilize its technology to support the defense and reconstruction of the country and empower Ukraine investigators with critical data processing tools regarding 78,000 registered war crimes. US Special Operations Command entered a multi-year contract worth up to $463 million to expand its enterprise capabilities.
On the commercial side, PLTR expanded its cloud partnership with Microsoft (MSFT), entered into an agreement to build an integrated management flow system on top of Foundry for CA Modas S.A, and expanded its partnership with Jacobs Solutions (J). These partnerships are critical because it will allow PLTR to expand throughout several sectors through some of the largest counterparts. I expect the Jacobs and Microsoft partnerships to be extremely beneficial in the coming years as more companies look to create value by enabling AI and moving toward data-driven decisions.
PLTR guided for revenue to come in at $528-$532 million in Q2 and revenue of $2.185-$2.235 billion for the full year. In Q1, PLTR delivered $525.2 million in revenue which is 24.04% of the low-end estimates and 23.5% of the high-end estimates for 2023. For PLTR to meet its 2023 full-year revenue guidance, it would need to generate an average of $553.27 million in Q2–Q4 to meet the low-end projection and an average of $569.94 to meet the high-end estimates.
I expect PLTR to deliver at least $550 million in revenue for Q2 and discuss how they will increase incremental revenue throughout the year as more contracts continue to be initiated on an ongoing basis. If we see anywhere from $550-$575 million in revenue for Q2, it would be a strong indication that the high-end estimates will be met or exceeded when they report their 2023 fiscal year numbers. If PLTR records $550 million in Q2, $575 million in Q3, and $601 million in Q4, PLTR will generate $2.25 billion in annual revenue for 2023. This would be an average QoQ revenue increase of 4.6% over the next three quarters. I think it will be a strong signal coming off the AIP conference if PLTR is on track to beat the high-end estimates, as that would mean PLTR will be moving into the $600 million quarterly revenue bracket sometime in 2023 and inching their way closer to generating over $1 billion in revenue on a quarterly basis.
PLTR has now strung together two consecutive quarters of GAAP profitability and is projecting its adjusted income from operations coming in at $118-$122 million in 2023 and between $506-$556 million for their fiscal year. In Q1 2023, PLTR generated $125.11 million in adjusted income from operations, which is 24.73% of the low-end projection and 22.50% of the high-end estimate. This would mean that PLTR would need to increase its adjusted income throughout the year to meet its annualized projections.
I dislike adjusted numbers and prefer free cash flow (FCF) as it's harder to distort than other profitability measures. In Q1, PLTR generated $188.9 million in adjusted FCF, which is a 36% margin. PLTR's true FCF number was $182.6 million, as they generated $187.4 million in cash from operations and allocated $4.8 million toward CapEx. This places PLTR's FCF margin at 34.77%, which is the largest margin they have operated at since becoming a publicly traded company.
I have previously indicated that I believe PLTR can replicate similar growth to Salesforce (CRM). CRM currently has a market cap of $223.51 billion and, in the TTM, has generated $32.19 billion of revenue and $7.06 billion in FCF. Mr. Market is valuing CRM at a 6.94x multiple on sales, and 31.64x FCF. CRM has seen explosive growth over the last decade as its grown its revenue by 690.67% and its FCF by 1,125.54%. Including the TTM, CRM has operated at a 20.57% FCF margin over the previous five years.If PLTR finishes on the high-end of their revenue estimates for 2023 they would deliver $2.25 billion in revenue. PLTR's previous projections placed their 2025 revenue at $4 billion or more and I don't recall seeing updated estimates. If PLTR comes in on the high end of the 2023 projections and generates $2.25 billion, its YoY revenue growth would have decelerated from 41.11% in 2021 to 23.61% in 2022 and 18.12% in 2023. Hypothetically, if PLTR can grow its revenue at a 15% YoY basis over the next decade from 2024–2033, it would generate $2.98 billion in revenue for 2025 and $9.12 billion in 2033. At a 33% FCF margin in 2033, PLTR would generate $3 billion in FCF. At a 32x multiple on FCF, PLTR would be valued at $96.17 billion.
If PLTR can maintain an 18% YoY revenue growth rate and maintain a 33% FCF margin, PLTR will generate $11.78 billion in revenue and $3.89 billion in FCF in 2033. At a 32x FCF multiple, PLTR would be valued at $124.42 billion. If PLTR was to grow at a quicker pace of 21% YoY on average, they would generate $15.15 billion in revenue and $5 billion in FCF in 2033. Assigning a 32x multiple on their FCF would place PLTR at a $159.93 billion valuation.
Based on these assumptions, PLTR could grow between 151.49%-318.23% over the next decade, which would be an annualized return of 15.15%-31.82%. These are just assumptions regarding what could occur and why I feel PLTR could be a good long-term investment.
For those who think a 32x multiple on FCF is a crazy valuation, I am going to place a table below. Based on the current market caps, big tech has multiples from 31.29x to 221.31x. Putting the outliers aside, it's not uncommon to see companies trade in the 40x range. Even companies such as the Coca-Cola Company (KO) trade at a 29.90x multiple and PepsiCo (PEP) trade at a 45.41x multiple on FCF.
Nasdaq Ready to Fall==>-5%_-10%The Nasdaq Index started to rise with the help of the " Long Island " upward continuation pattern and made the New All-Time High(ATH) .
The Nasdaq Index is currently near the upper line of the Ascending Channel and has succeeded in breaking the Uptrend line .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect the Nasdaq index to fall at least to the Support zone($71.41-$69.18) =🚨 -5% 🚨, and if the support area breaks, we should wait for this index to fall to the Lower line of the ascending channel = 🚨 -10% 🚨 .
Nasdaq Index Analyze (NDAQUSD), Daily frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BankNifty 3000+ Points Profit in This MASSIVE Short TradeBankNifty 3000+ Points Profit in This MASSIVE Short Trade
Just look at this beautiful short trade.
No complex technical setup.
No small profit exits.
Neat entry, huge trade with massive 3000+ points profit.
As a trader, this is the the most ideal trade one can dream of!
How has been your trades lately?
AMD broke above the Lower Highs and confirms a massive rally.It's been a while (August 13, see chart below) since we last looked into the Advanced Micro Devices (AMD), which was a strong long-term buy signal, with the price reacting very favorably, having already started its new Bullish Leg:
Today we take it to the 1D time-frame where where the scale of where the price might be compared to the previous two mega rallies since the October 13 2023 bottom, may be clearer. Remarkably, the last two rallies were both of around +142%. In symmetrical terms we are around the 0.618 Fibonacci level mark where both Bullish Legs had a technical pull-back.
The key bullish development of last week though has been the break above the Lower Highs trend-line, which in line with previous Legs, has been the confirmation of the start of the long-term rally. As a result, we have now validated that the Bearish Leg is behind us and any pull-backs this structure gives, will be buy opportunities.
Our Target is intact at $295.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Microsoft - We Will See A Correction!Microsoft ( NASDAQ:MSFT ) can actually create a correction:
Click chart above to see the detailed analysis👆🏻
Microsoft is one of the strongest stocks over the past decade and also over the past couple of months, there was no clear sign of weakness. Therefore, it is actually not extremely likely that a correction will happen, but if it does, this will offer a long term texbook trading opportunity.
Levels to watch: $420, $350
Keep your long term vision,
Philip (BasicTrading)
COSTCO needs one more Low before it bottoms.Costco (COST) has been trading within a Channel Up pattern since the March 07 High and last week it hit the 1D MA50 (blue trend-line) for the first time since August 09. Even though this is the standard short-term Support level, we expect the price to break it and approach the bottom of the Channel Up where both previous Higher Lows were priced.
Our Target is $1000, just below the 2.0 Fibonacci extension, where the last Higher High was priced.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
HOME DEPOT Consolidation then rally until end of the year.Home Depot (HD) hit our $415.00 long-term Target as called on our previous analysis 5 months ago (April 24, see chart below):
It doesn't show however any signs at all of stopping here as the Channel Up has still significant upside potential before it prices a Higher High on its top. Being on its 2nd Bullish Leg and approaching the 1.236 Fibonacci extension, it is possible to see a minor short-term pull-back and then a more structured rise until the end of the year.
This is at least the pattern that the 1st Bullish Leg of the Channel Up followed and is that helped us pursue the previous ($415) target in the first place. The 1W MACD also shows the strong similarities between the two Bullish Legs.
As a result, our new long-term Target is $460.00 (marginally below the 1.786 Fibonacci extension).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
PALANTIR Sell signal at the top of the 15-month Channel Up.Palantir (PLTR) gave us a solid buy signal 3 months ago (June 24, see chart below) as it respected the recurring bottom sequences within the 15-month Channel Up:
Right now the price has been consolidating after a direct hit at the top (Higher Highs trend-line) of the Channel Up. The 1D RSI got overbought and started pulling-back on a standard Bearish Divergence, a formation which three time within this pattern turned-out to be a solid sell signal.
The dashed Channel Up gives us a short-term Target on its bottom, which is where the 1D MA50 (blue trend-line) is trading at and is the short-term Support. That is our Target currently (Target 1 = 34.50).
If and only if, we close a 1D candle below the 1D MA50, we will open a new sell, as it will be a bearish break-out signal. In that case, we will target a potential near contact with the 1D MA200 (orange trend-line), which is the long-term Support and where the remarkable buy entries of August 05 and January 31 were provided (Target 2 = 29.50).
Keep in mind that the most optimal buy entry for the long-term (since May 2023) has been given by the 1D RSI and more specifically when it hits its Support Zone. We will continue to place buy long-term buys accordingly.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
TESLA pulling back on Q3 deliveries. Is there a reason to panic?Tesla (TSLA) opened considerably lower today as they announced Q3 deliveries of 463000 units, below the heightened expectations of around 470,000 from the buy-side and just slightly above the consensus estimate of 462,000. Is this a typical market overreaction on data or the start of a stronger correction ahead of the Robotaxi event next week?
Well from a technical standpoint, our thesis on Tesla is well known and hasn't changed since the August 15 update (see chart below), where we called for a $380 target within the long-term Channel Up:
Even on the more short-term 1D time-frame, we can see that the stock is respecting a Channel Up pattern that started on the August 05 bottom and for the past 30 days has been supported by the 4H MA50 (blue trend-line).
The last correction like the one we're having this week, was from August 20 to 28, which then rallied by +30.50%. As a result, the minimum Target now for November is $310.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
ELI LILLY Always a solid buy below its 1D MA50.Eli Lilly (LLY) broke on Friday below its 1D MA50 (blue trend-line) for the first time since August 09. As the stock trades within a long-term Channel Up since the March 01 2023 bottom, every time the price was below the 1D MA50, it didn't stay for long, thus providing the most effective buy entry.
Even though it could dip some more as with July's decline (only such case though out of 6 corrections), as long as the 1D MA200 (orange trend-line) holds, we expect the Channel Up to be extended.
The initial Higher Highs were closer to the 1.5 Fibonacci Channel extension, the last one however was exactly on the 1.0 Fib. As a result, we will take a more conservative Target on that trend-line, thus turning bullish now and aiming at $1100 by the end of the year.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
HINDCOPPER BUY Stock Name - HINDCOPPER
Trade Reason :
Weekly Strong uptrend
Trend Reversed .
Some opportunity are there , Market travel channel Top coming to Bottom Take trade for
conservative Trader.
Aggressive Trader entry Now .
Entry - 323 Rs
Target - 386 Rs
Stoploss - 282 Rs
Expected Return - 19.50 %
Sanofi can ShineSanofi India Ltd. engages in the manufacturing and distribution of pharmaceutical drugs. It focuses on the following therapeutic areas: diabetes, cardiology, consumer healthcare, hospitals, central nervous system, and antihistamines.
Sanofi India Ltd. CMP is 7048.85. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding over the Past Two Months. The Negative aspects of the company are high Valuation (P.E. = 30.7), Stocks Underperforming their Industry Price Change in the Quarter, Declining profits every quarter for the past 3 quarters and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 7066 Targets in the stock will be 7304 and 7434. The long-term target in the stock will be 7618. Stop loss in the stock should be maintained at Closing below 6679 or 6300 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
LG Balakrishnan & Bros looking upwards L.G. Balakrishnan and Bros Ltd. engages in the manufacture and trade of automotive parts and equipment. It operates through the segments Transmission and Metal Forming. The Transmission segment produces chains, sprockets, tensioners, belts and brake shoes. The Metal Forming segment includes fine blanking, machined components, and wire drawing products.
L.G. Balakrishnan and Bros Ltd. CMP is 1384.80. The positive aspects of the company are cheap Valuation (P.E. = 15.7), Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Dividend yield greater than sector dividend yield and Strong Performer, Under Radar Stocks. The Negative aspects of the company are MACD Crossover Below Signal Line, Declining profits every quarter for the past 3 quarters, Inefficient use of capital to generate profits and Increasing Trend in Non-Core Income.
Entry can be taken after closing above 1394 Targets in the stock will be 1435, 1464 and 1500. The long-term target in the stock will be 1527 and 1572. Stop loss in the stock should be maintained at Closing below 1330 or 1279 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.