SUZLON Heading for multibaggingI don't recommend Penny stock but this one caught our eyes given its possible potential future in energy sector. recently it has breakout of the lower lows downtrend. SUZLON seems to be good stock to invest on.
Recommended ENTRY zone 12-9.5
Stoploss 6.5
Targets 22.2 27 and ultimately 150
Tradeswithashish
GLENMARK Going for a fallFor long term I am seeing a downfall in #GLENMARK in coming future irrespective of overall market direction. CMP 437
Possible support levels 367, 270, 200 Reasons behind this view:
1. Head & Shoulder
2. Downward Trendline
3. Crossed below the crucial level based on SMART Players
How to use swing trading indicatorThis is tutorial on "How to use swing trading indicator " developed by me. Do use and benefit from it.
How to use Volume Bar Breakout and Breakdown IndicatorThis tutorial provides guidance on how to use "Volume bar breakout & breakdown Indicator" Indicator. It explains
When not to take entries
How to setup Stoploss and Target
what timeframe to use for equities and commodities but you can decide as per convenience
Bullish cup & handle in ICICIBANKICICI Bank has broken cup and handle pattern and have retested and moved up from the level. there is high probability of it to test the price of 800) in coming 1-2 months. If BANKNIFTY will remain sideways or bullish then it it will surely touch 800.
These are my view on the etries
accumulation zone 667.5-670
distribution zone 750-800
Risky zone 650 or below
Price should move up equivalent to depth of the cup ~140 points from entry zone as per theory.
PS: do your own analysis before taking entry based on this anaysis
Industower long setup Industower seems to be at crucial level and have high probability of reversal from the current level based on historical price action, fibo-retracements and trendline.
Suggestions for entry:
> wait for high volume rejection from the level.
> entry point should be the OHLC4 of this candle
> Stoploss should be below the low of this candle or below trendline
> Targets 280 and 350
Good luck to all the traders!!
Bullish Reversal near demand zone in LUPINLupin has retraced to the demand zone (earlier supply zone) post heavy breakout and have shown a reversal sign.
Current view is based on following patterns:
-> Ascending triangle breakout retest (bullish trend)
-> supply zone turned into demand zone
-> bullish reversal sign through bullish candle with volume
Wait for the closing above demand zone
Nearest target is 1240
Bullish Pennant Pattern in MIndtreeMindtree is continuously making higher highs and higher Lows HHHL with Pennant pattern.
Once broken then we might see 4220 in the coming month.