ZEEL looks promising for a 40% return CMP - 123 Tgt 1 - 169 Tgt 2 - 209 SL 105 on Monthly closing basis as the round number 100 might offer greater turning point as well Stock making double bottom at the lower trendline of the parallel channel Immediate tgt can be 169 and max tgt at 209 for 2025 May not be a momentum stock and might test our patience but looks...
FINPIPE is currently trading around 264.7 while posting this idea. It has formed a good bullish flag retracing to 61.8% of the Latest Swing on Weekly Time Frame A tight stop at current candle low can be a great idea although the support zone extends upto 243 Immediate swing tgt can be at 295 while mkt consolidates further for the rest of the year Disclaimer :...
Stock has been consolidating almost for almost 4 years and is out of the consolidation zone. it has formed an uptrend lately and the weekly close after the result looks good. As long it holds abv 3680, there are brighter prospects for it to tgt 5000 zone
CUB has been witnessing selling pressure Currently in a rising channel pattern Abv 156, can it see 163 for the results
NGAS forming rising wedge at the high of the ROUNDING TOP on higher time frame A nice fall is imminent as per the levels marked. Sustaining above the rounding top would negate the view (BLUE line resistance)
GOLD made a high of 2685 and retracted from there. Currently forming symmetrical triangle pattern in 4hrs time frame Within this pattern it can trade between 2634 to 2667 Looking for direction Med term - Bullish Very short term - Probability of limited downside to the tune of $100
Stock has witnessed a heavy sideways for quite a time and is showing signs of rally I am considering this as one of the defensive stocks to have in portfolio given the elevated market conditions which might witness further correction Stock is trading at 43.92 and the SL can be considered below the retracement candle as highlighted in orange and the target works...
Brk abv 572 could open the possibilities of the stock re-testing 700 again
This stock is forming ascending triangle . A brk and sustain abv the supply zone can push the prices higher to 1500
I believe Inv H&S formation is underway. Initially we could see 500 and then a consolidation before hitting 575
Finally managed to pull off the existing Weekly trendline.. Consolidation with a Double bottom or W Pattern would be great to get into the stock Re-test of 4300-4400 would be great buying opportunity in that case. Currently at 4700 lvl.. Probably adding small quantities between here all the way through 4300 and staying invested would be better choice
Dabur can re-test 530... The re-test can be bought only when there is bullish confirmation. As the weekly trendline is tested already for the 4th time, there are bright possibilities of a breakout this time. Tgts are 576, 590. Once it clears 610 on weekly closing basis, 660 on cards...
Close above 4100 would induce life into the Cup & Handle pattern and let the stock surge. Has the potential for 25% run up from the current level
BNF is exactly at the top of the rising wedge pattern on Monthly time frame with a Shooting star on Weekly time frame. Evidently appears to be an inherent resistance right now unless this pattern is broken on the higher side and forms a reliable new channel or pattern With the upcoming Pathmanabhan committee recommention on F&O segment and result season, we can...
A Weekly close abv 285 would trigger the Cup & Handle breakout to catch up momentum for a ride to 350
CMP of the stock is 707 and the stock is in excellent re-accumlation phase holding abv the trendline and demand zone on the monthly time frame. Considering the time frame of trade, the stock could witness rally to 1000 as long as it stays abv 600 which gives us a risk reward of 1:3 Disclaimer: This idea is for informational purpose only and is not a buy or sell...
Cement stocks has been dragging for quite some time. But ACC has just completed a cup & handle formation. Stock looks well positioned to hit 4000 from current level within a time frame of 18months Once the stock breaks above 2750, would move SL to 2470 on a weekly closing basis making it a 1:4 RR trade Disclaimer: This is just my idea and not a trade...
Stock has formed H&S within the ascending monthly channel... A breakout abv the Inv H&S would target previous swing high 724 initially to be resisted by the double top After some reasonable consolidation the target is open for the trendline resistance Disclaimer : This idea is for educational/informational purpose only and does not constitute a trading...