EURUSD cmp 1.1411 Stop 1.1600 Target 1.11 Reverse H&S formation observed with neckline breakdown. Any uptick till 1.1520 will be a shorting opportunity.
#COPPER cmp $2.743 Target 2.46 Stop 2.85 Rectangular consolidation range broken. Post break, flag formation. Any uptick till 2.80 is a shorting opportunity for a target of 2.46.
#HONAUT CMP 21945 Buy Level 22200 (Not below this). Stop 20000 Target Open (Trail 10 WEEK MA) #VCP Pattern observed 35W 34/11 2T Low float stock 22 lacs shares float.
VCP in progress. Long suggested above 955. Stop at 815. Target Open
#BBTC CMP 1555 BUY TRIGGER - Only above 1670. Watch-List stock Volatility Contraction Pattern observed . So far 28W 41/17 2T Once buy triggered, Keep 20 week ema as trailing stop.
Bank Nifty - C & H pattern formation observed. CMP 27842 Possible target 27840 + (27480-24430)/2 = 29365, Stop 27000. Possible trading strategies : 1) Protective Put (Futures + Put option) 2) Spread strategies (Long ATM call + short OTM call)
ORIENT REFRACTORIES CMP : 202 STOP : 170 TARGET : OPEN Technicals 1) Stock broken out of a classic C & H pattern with huge volumes. 2) All key MAs pointing towards a strong uptrend Fundamentals 1) Last 4 quarters Y-o-Y EPS growth and sales growth exhibiting strong uptrend Date EPS %Chg Sales(Cr) %Chg Mar-18 2.29 +56% 178.9 +40% Dec-17 1.84 ...
GLAXO CMP 3180 Stop 2700 Target 3800 plus Weekly chart: Moved out of a brief consolidation zone with good volumes. Possibility of momentum taking the stock towards 3800 plus high.
Whirlpool 1677. Stop 1550 Target Open. Volatility Contraction pattern witnessed (31W 25/9 2T). Last 4 quarters EPS and sales has been in a general uptrend. Date EPS %Chg Sales(Cr) %Chg Mar-18 7.20 +23% 1,257.7 +24% Dec-17 4.19 -4% 958.0 +18% Sep-17 5.79 +25% 1,159.7 +37% Jun-17 10.46 +9% 1,464.0 +15% Promoter holding 75% Free float 25%
Passes basic trend test Volatility Contraction Pattern - 28W 23/11 4T - in formation Fundamentals : YoY quarterly performance in uptrend Qn-4 Qn-3 Qn-2 Qn-1 Sales 7.6% 11.9% 20.1% 29.1% OP 14.5% 13.6% 12.9% 35.5% NP 16.1% 11.6% 5.2% 39.3% OPM 13.78% 14.14% 12.63% 14.44% NPM 6.23% 6.15% 4.93% 6.53% Free Float : 18% Long...
25 Weeks of consolidation; 1st leg 36% 2nd leg 26% 3rd leg 21% Broken out of consolidation zone with good volumes. Look to buy at the breach of 1030 with a stop of 930. Target 1200 plus.
MASTEK CMP 512 VOLATILITY CONTRACTION PATTERN observed. A TO B : -25% C TO D : -14% E TO F : -8% Look for a breach above 535-540 with huge volumes, which is an ideal buy pivot level. Once buy triggered, stop should be at 490, and target at 650 plus.
LTTS CMP 1293 Underlying trend is evidently up with stock above 50/150/200 ma with all MAs upward sloping. Stock currently in consolidation phase with buying happening at upmoves within consolidation zone. Buying suggested ONLY IF STOCK MOVES ABOVE 1390 LEVELS WITH GOOD VOLUMES. Once buy gets triggered, Stop should be at 1280 and Target for the stock is 1600 plus,...
BTC/USD cmp 6610 Forming a strong base around 5700 - 6000 levels. Has bounced back from this zone 3 times and currently consolidation happening with low volatility above the support zone. Good Risk - Reward Buy setup at CMP. Target 10100 Stop 5800.
Technicals: 1) Above 50/150/200 ema 2) Upward sloping ema 3) Relative strength with respect to small cap index above 100. Fundamentals: Quarterly Sales yoy : 24%, 35%, 50%,49% Operating profit yoy : 16%, 19%, 54%, 51% Net profit yoy : 36%, 29%, 143%, 94% Annual EPS FY2017 : 38% Free float : 5.6 million shares Trade plan: Current status - Consolidation...
MPHASIS CMP 1214 Weekly Chart Stock broken out of consolidation with good volumes. RSI suggests momentum intact. Last 4 quarters, Company's key fundamentals has been showing steady growth. A stock to watch out for. Hence target is open. Stop 1040.
JUST DIAL CMP 577 Target 900 plus Stop 480 1) Stock possibly in the process of rounding bottom (RdB) formation. 2) Stock is currently forming a strong rectangular base in the bottom, with the high of the base at the Stocks first ever price tick open. 3) Stock more likely to break the high of the base as significant volumes seen in last few trading sessions and...
CMP 9225 Target 10k + Stop 8925 1) Clears past the resistance line with good volumes. 2) Cup pattern formation observed with possibly right hand side formation progress.