sachinnagpal1982

sachinnagpal1982

HDFC Bank gave a breakdown from head and shoulder pattern. Not stock is resisting to go down, made a double bottom pattern and continuous rounding bottoms are showing accumulation and reversal. A close above 1410 will negate the head and shoulder pattern, and it will open target of 1520-1550. Small stop loss in this trade is 1340 and bigger stop loss is below...

sachinnagpal1982

Stock made a double bottom pattern and ready to give a breakout above 2900. Buy above 2900 and accumulate on dips. Stock has potential to touch 3300, 3500 and 3750. Keep a stop loss below 2560 in this trade.

sachinnagpal1982

Buy above 2258, Target 2555, SL 2140. All levels are on closing basis.

sachinnagpal1982

Inverse head and shoulder pattern, Bullish RSI divergence. Levels are mentioned on chart. Buy at CMP and add more on dips, Target 2100, SL 1820.

sachinnagpal1982

Range breakout above 530. Buy above 530, aim for 595 and 625. Keep a stop loss below 476 on daily basis.

sachinnagpal1982

Double bottom, RSI bullish divergence. Stock comparative RSI over nifty is now turning bullish. Buy above 416 or at a dip near 397. Potential targets could be 456 and 523. Keep a stop loss below 370 on daily closing basis.

sachinnagpal1982

Sharing this in advance . Multiple bottoms formation with bullish RSI divergence. Buy above next resistance 3114, Aim for targets 3560 and 4100. Keep a stop loss below 2740 on daily closing basis.

sachinnagpal1982

One of my favourite stock turning bullish again. Stock made an inverse head and shoulder chart pattern and gave a breakout from immediate resistance. Next resistance and target of inverse h&s is same, which is 3175. Short term traders can capture this opportunity. You can keep a small stop loss of candle low that decisively breaks the sloping trend line....

sachinnagpal1982

Stock made a high of 211 in 2017, followed by a 3 year correction and made a low to 50 Rs in April 2020. Since then it is consistently making higher lows. Stock pattern is still intact regardless of ongoing correction in market. It recently gave a breakout from double bottom pattern and crossed the last resistance of 126. RSI bullish divergence is also visible on...

sachinnagpal1982

RSI divergence is clearly visible on this chart, breakout above 2230 generated the buy signal but I missed it. Today I bought this in anticipation of breakout from falling trend line. Safe traders can buy this on a successful close above this trend line. Stop loss for this trade is daily closing below 2135. First target will be 2460 where I will revisit chart structure.

sachinnagpal1982

Stock is in solid uptrend, outperforming Nifty since Jan 2021. High volumes were seen in recent weeks when all stocks were going down, I think Mr. Vijay Kedia increased holdings in this share that will appear next month on public platforms. But this is just an assumption, it's not a reason to buy this stock. Technically stocks is looking good. Stock gave a...

sachinnagpal1982

Bullish RSI divergence on daily chart, breakout from last top above 1162. Go long at CMP with a stop loss of 1109. Potential target for this trade is 1300.

sachinnagpal1982

Stock is outperforming Nifty, trading in an upward trend line. Nearest support is at 130 that could be SL for short term swing traders. Medium term Investors can keep.a SL of daily closing below 120. Increase your positions above 142 daily closing and look for 155 as your first target. We can revisit at that level.

sachinnagpal1982

A potentially reversal trade Multiple bottom pattern, Bullish RSI divergence, breakout from the peak of first bottom gives a buying opportunity. SL for this trade will be 3456 on daily closing basis. First target is 3866 and second target is 4375.

sachinnagpal1982

So many stocks gave breakdowns. RHIM, MNC company also gave a breakdown from h&s pattern. RHIM is the world leader in refractories and their plan is to make India as their manufacturing and export hub, Keep this in your watch list, 350-380 would be an excellent purchase price. Stock price has potential to double from that level in 2-3 years.

sachinnagpal1982

Another example of bearing pattern, this is a great business so keep in your watch list. 1770-1800 type levels will be a good entry point.

sachinnagpal1982

Technical target is 5950 USD. Please be careful guys. I am not a bitcoin expert but this chart looks scary to me.

sachinnagpal1982

Stock made a double bottom at 1625 and now giving a breakout from pole and flag pattern on weekly basis. One can initiate longs here and add aggressively after closing above 2100 on weekly basis. Stock has potential to touch 2600 and 3000 levels. I have 12-18 months timeframe in my mind. Stock trend is intact until a weekly close below 1500, which is 50%...