Shorabh_Jain

Shorabh_Jain

#Motherson (SPOT) Long trade setup Entry: Above 168 Stoploss: 159 Targets: 180 / 190 / 200 / 210

Shorabh_Jain

It looks like Tata Motors has formed its bottom and it's now taking support at 760 levels. Above 795 it should trigger a trendline breakout and give a good upmove. Levels are marked on the chart for your reference. Disc: For Education purposes only.

Shorabh_Jain

Silver is ready to rocket. After giving a gap up breakout of H&S pattern Silver Fut is looking superb for a new record high. We should see silver around 1,11,000 by Diwali.

Shorabh_Jain

Nifty 50 has broken an important support zone and also the neckline of the Head & Shoulder. Targets marked on chart. Indian markets are looking ready for a deep correction.

Shorabh_Jain

ACC the cement giant has formed a cup and handle pattern. Breakout may lead to an excellent long-side rally. Trade setup marked on the chart.

Shorabh_Jain

#HAL has formed a bearish descending triangle pattern and is on the verge of a breakdown. Trade setup: Entry: 4450 Targets: 4050/3750/3210 Stoploss: 4700

Shorabh_Jain

#BEL has formed a descending triangle and is approaching the support zone. Upon breakdown and retest the trade will be activated. Entry: 276 Stoploss: 295 Targets: 240/220

Shorabh_Jain

ICICI BANK has broken out of a bullish head and shoulder pattern and it's now looking geared up for a good RUNUP. Trade setup Entry: 1250 - 1270 Stoploss: 1240 Targets: 1288 / 1345

Shorabh_Jain

GMRINFRA has formed a bullish symmetrical triangle pattern with good volume to support.

Shorabh_Jain

Inverted Cup & Handle Formation. Short Trade Entry: 49650 Targets: 49050 / 48300 / 47600 / 47050 & Final Target: Election Result's Day Low. Stoploss: 50140

Shorabh_Jain Updated 

Dixon Tech is ready to resume its uptrend. Flag and Pole pattern formation is visible on the chart. It's a trend continuation pattern. Levels are marked on the chart.

Shorabh_Jain Updated 

#LLOYDSENGGWORKS This script has formed a bullish symmetrical triangle and shows hidden bullish divergence. If the breakout sustains above the resistance trendline one can make an entry and trade the below-mentioned setup. Entry: 66 Stoploss: 62 Short Term Targets: 68 / 73 / 78

Shorabh_Jain Updated 

Ultracemco is broken out of flag and pole pattern and may give a good long run in the coming month. Entry: 10,200 Stoploss: 9800 Targets: 11,100 & 12,000

Shorabh_Jain Updated 

Trent is breaking out of the cup and handle pattern after a four weeks of consolidation. As a stock forming this pattern tests old highs, it is likely to incur selling pressure from investors who previously bought at those levels; selling pressure is likely to make price consolidate with a tendency toward a downtrend trend for a period of four days to four weeks,...

Shorabh_Jain

Entry would be at current levels. Stoploss & Targets marked on charts.

Shorabh_Jain

HDFC LIFE is forming a bullish wedges pattern and approaching the breakout levels. Buy: 600 Stoploss: 567 Targets: 640/700

Shorabh_Jain

The Giant has woken up from deep sleep and now it will go a long way. Entry: CMP Stoploss: 1340 Targets: 1670 / 1960 / 2750. Bullish signals: 1. Breakout and retest of Flag & Pole Pattern. 2. Formation of Bullish Divergence, Lower Low & Higher Low. 3. European Central Bank cuts interest rates for the 1st time in 5 years.

Shorabh_Jain

Looks like Coal India is ready for a sharp-up move in the coming month. Entry: 493-495 Stoploss: 474 Targets: 505 / 570.