Since broader market is negative, all the major stock recover slowly. Wait for 450 to 460 level (61.8% fibb level).
Piramal Enterprises Ltd I am keeping my GTT ready @ 825 SL @ 785 to 780 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
Company produces home textiles for over 12 global brands, licensed and owned. It owns exclusive license rights of global iconic brands like Calvin Klein, Tommy Hilfiger, Kate Spade, Royal Velvet, Barbara Berry and Waverly. It also entered into a licensing agreement with The Walt Disney company to manufacture and distribute a broad range of home textile products...
Lesson-1 Strategy Name- Super Trend Strategy Scan:- Price cross above super trend (weekly & Daily). RSI is greater than 60 (Weekly). Logic:- When the weekly super trend turns to buy and RSI is above 60, stock is likely to be in trend. Its best to enter at retracement, however stop loss to be kept at the super trend level (close). Sometimes its too big stop loss,...
Hindustan Unilever Trading below 200 DMA. Strong Fundamental Stock PE is 58.2 (5 Year Median PE is 65.8) Good Dividend Stock (About 50 rupees/Year) Long Consolidation.
Dabur (FMCG) Stock is Consolidating from SEP 21. SELL side & BUY side VWAP is Narrowing down. Stock is trading near 200 DMA. Stock has tested multiple times VWAP. Since its Large CAP, Movement is slow and steady. Fundamentals: Promoters increased there stake. Public has reduced interest.
INDIA CEMENT: Momentum Stock This counter is showing VCP(Volatile Contraction Pattern). This may see Momentum, when it crosses 275. SL as 20 SMA (Weekly Close Below) Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
See the chart for the Psychology behind buying..!! Buy Below 255 Stop Loss as per your risk Appetite. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
Rallis India Ltd- A Tata Group Company in Agriculture Chemicals Buy above- 270 Stop Loss - 235 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.
5 Year Break out. Buy above 160 (Weekly close) Stop Loss- Weekly close below 30 SMA. Caution:- Buy only above 160 or else it may trap you.
MOTHERSON: 1. Stock is Trading above 200 Daily SMA 2. Price is trading in between SELL Side VWAP & BUY side VWAP. 3. Trading in a wedge (It can Break up as well as Break down) 4. Took Support at 0.382 Fibb retracement. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice...
Asian Tiles: High Risk... See chart for entry... Only invest your profit, not your capital...!!
JAMNA AUTO: Trading near Support. (Bottom of the Long term Channel) In my opinion this counter may give potential gain over time. I will definitely take position in this counter when price trigger 113. Checkout my Post on Channel trading from below Link. Disclaimer The information and publications are not meant to be, and do not constitute, financial,...
KANSAI NEROLAC: A Paint Company. Many factors depends on the profitability of this company. But..but.... Now it seems no factors affect its price, its going to break ATH...
Archean Chemical Industries Ltd Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 2021. BUY @ 608 SL @ 590 Target 30%
MPHASIS- Best buy is Sell side VWAP retest. However I think it should re test 2222 Magic Number.
Laurus Labs Ltd:- Chart Shows Cup & & Handle Breakout. It might be Fake Break Out...Watch out for Fundamentals. Caution: May see a sell off from Sell side VWAP.
Nifty- Prediction: After Many months, Nifty closed below previous month closing. Our Channel still holds good for top side. Even if it breaks above, it is fake. Because our Yearly resistance is at 23400~ 23500. Yearly top is around this. As i said this year is wide CPR and Nifty is not yet tested CPR yet, its likely to test this. Be cautious because our market is...