SANGAM IND - Looks good for a move of 10% swing.The stock has moved out of weekly consolidation with good volumes and RSI supportive in lower time frames for an entry.
The stock is trading strong above its All time high.
The stock has given a yearly breakout in 2023 after 8 years.
Momentum - Intact, Price Action - supportive, Sector - Textile.
Stockstobuy
NBCC Mid Term Idea - 100% ROI Potential with RR of 1:3NBCC - Poised for a good up move.
1) Monthly has taken a proper support at the previous bottom range of 16 Rs and consolidating for about 2 years in Hl formation, it is about to move into an uptrend making a Higher high, breaking the previous high of 59.
2) Weekly is an uptrend, breaking a 6 months old resistance of 44 range.
Major trendlines and support and resistance zones are marked for Resistances which are probable sell zones (TARGETS) and SL.
Will be taking a very strong bullish stance on NBCC with huge upside potential once after monthly closes above 59 range. Yet bullish for a 10% up move in the very short term and 20% till 59, as of now as it has crossed a 6 months old resistance price.
Please comment for suggestions and view points.
MDLZ Potential Buy setupReasons for bullish bias:
- Price is making new Highs
- Price is near all time high, hence Buy stop order above it
- SL will be updated to new HL once the order gets triggered
- TP will be set accordingly using Fib extension
Entry Level (Buy stop): 77.68
Stop Loss Level: 68.63
PAISALO - Poised to break all time high, for a swing of 25%The stock is in strong uptrend in all time frames - higher to daily and above.
The stock is in strong momentum based on RSI in D, W, M. All above 60.
Daily is reversing from a Higher low formation with double bottom and Morning star formation.
One may consider an entry based on today's close candle, or even at cmp if aggressive.
Entry - 104/105
Target - 112 , 126, 136.
Trail profits after each target.
CREST VENTURES - Upto 50% ROI in the Mid to Long TermThe stock is about to break it's All time high, 5 year old BO in Monthly. --> Cup and handle - Rounding bottom.
It has been consolidating for the last 8 weeks, Monthly shows inside candle.
Daily shows good volume BO.
One can look for swing opportunity till 365. 7% ROI.
If there is a strong weekly close , one may enter on dips for ,
Target 1 - 365
Target 2 - 391
Target 3 - 437
Target 4 - 533
HONASA CONSUMER - Looks good for a breakout trade.Stock is trading at it's all time high levels.
The stock looks poised to break upside for a target of 30%.
It has been consolidating since 3 weeks.
The RSI in lower timeframe supports an entry at 490 range. Targets can be trailed as per pivot levels for a 30% move.
A PSU bank, multi year breakout, can it multiply your profits?A sector that has woken up in recent years.
A bank which is still trading at fair value to its growth backed by positive earnings release
Technical chart looks good for a buy setup at CMP. DMI indicates bullish strength and Fibonacci retracement shows the stock having good support at 116 levels
Union Bank is my pick of the PSU banks for a medium to long-term horizon.
Entry - 140-142
Stop Loss - 116
Target 220/270
Good Setup spotted in Burger King India!"Restaurant Brands Asia Limited" earlier known as "Burger King India" is currently showing a good setup and an upside potential of 45% from CMP.
The stock had rallied nearly 60% between March-Sep 2023. This very rise was impulsive in nature and therefore labeled as wave 1 on the chart. Between Sep-Dec the stock went through a triple three correction(WXYXZ) and retraced nearly 50% of the impulse. This retracement was in fact was the wave 2.
The stock currently is in Wave 3 structure and could rally towards INR 190 mark.
On the downside the swing low of 118.1 becomes a crucial structural support for the stock and could be used as a "SL".
NVIDIA / TECHNİCAL ANALYSIS / 4H As long as the trend line remains unbroken and there are candlestick closures above the support zone of 506-487, there should be no issues with buying.
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Good luck