Arora_MA

Arora_MA

Reason for Picking - first support in 50 MA after goldencross alinging with previous resistance turning support. A very simple trade idea. simplicity works best. Bullish Hammer Candle followed byback to back inside bars. A break above Rs. 30 with good volume, is what I am looking for making the entry.

Arora_MA

BDL - the defence sector stock, is in strong uptrend. it corrrected slightly to about 14% and has also grabbed liduidity and had taken support with 2 time the delivery volumes. Its now ready for new high with strong momentum

Arora_MA

Paytm with first contraction of about 30%, second contraction of about 13% tried to breakout on 2nd June but closing was not very convincing. It failed due to escalation in middle east crises. Now formaing a narrow base with volume also drying up. It is leading to the formation of classic VCP pattern and may lead to Minervini low pivot Cheat entry if closed above...

Arora_MA

Stock is making HH & HLs, Taken first support at 50 DMA after golden crossover. Stock has also taken support at previous gap. Over all bullish. Close above 1373 with good volumes will tigger my entry. simple trade idea - no complex analysis.

Arora_MA

Max Healthcare is showing VCP pattern Breakout and retest. First Correction was deep upto -22.71 %, followed by second Correction of -11.91% and third correction of 7.12% approx before it finally breakout. Market has tendency to trap breakout traders therefore it again retraced below breakout candle for final sucessfull retest on 20 June. Fundamentally stock is...

Arora_MA

This stock is though trading below 200 DMA but it has started making HH and HL. It is currently resting at previous support along with 50 DMA. I may enter the trade with proper risk management with stock closes above 137 with good volume. Sl being 131 and target of 153.

Arora_MA

Certainly I am bullish on Canara Bank as stock took its 1st support on 50 DMA after golden cross. Looking Backwards - its also breached previous support / Previous logical SL and closed above it. I may enter after proper confirmation and with proper risk management