NSE:HINDALCO 09.10.2024 Buy-Above 728 Target 01-770 Target 02-794 Stop Loss-707 Risk Reward- 1:2 1.Doji and followed by engulfing candle stick formation 2.Side ways breakout and retracement found 3.Resistance turned to support level reaction 4.Upside movement volumes are more compared to downside. Tomorrow volumes are crucial for further movement 5. Price...
11.10.2024 Buy- Above 465 Target-505 Stop Loss-425 Risk Reward- 1:1 1.Inside bar breakout 2.Price bounced by creating one more higher low. 3.Gradual volume increase 4.RSI in bullish 5.Ascending channel formation from past 1.5 years. 6.200 Ema rejection and also price crossed 21 and 50 Ema 7. Continues 3 green candles formed NSE:LAURUSLABS
12.08.2024 Buy 694 Target 807 Stop Loss 616 Risk Reward- 1:1.5 1. Inside bar breakout 2. Price rejection from both parallel and horizontal support zone 3. Double bottom formation. 4. RSI from over sold to normal bullish level(40) 5. Good increasing volumes in bullish movement 6. Price rejection from 0.618 Fibonacci level 7. 200 EMA Rejection NSE:JINDALSTEL
NSE:NESTLEIND 21.08.2024 Buy-2551 Target 01-2643, Target 02-2761 Stop Loss-2447 Risk Reward- 1:2 After the good uptrend from March 2023, price is under consolidation from Beginning of January 2024. Hopefully it us under the formation of Bullish Flag and trying to provide the big breakout. 1.Breakout- Inside Bar 2.Trend- Uptrend in higher TF & trying to...
24.09.2024 Buy- Above 419 NSE:HINDPETRO Target-448.5 Stop Loss-391 Risk Reward- 1:1 1.Breakout- Inside bar breakout 2.Upward trend with continues HH & HL formation 3.Price reversed from Resistance converted to support level(Very strong level) 4.Good volumes increase 5. Price rejection from 50 EMA and 21 EMA 6. Very good rejection from Fair value gap 7. ...
NSE:CENTRALBK 19.08.2024 Buy 60 Target 66 Stop Loss 56 Risk Reward- 1:1.5 1. Inside bar breakout 2. 200 EMA perfect rejection 3. Price bounced from strong key level(Resistance turned to support) 4. After good uptrend price under consolidation from last 5 months 5. RSI bounced from over sold zone with double bottom. 6. Good volumes in breakout candle
NSE:M_M 12.09.2024 Buy-Above 2752 Target 01- 2847 Target 02-2968 Stop Loss-2679 Risk Reward- 1:3 1.Inside bar breakout 2.Price is under consolidation from past 3 months after uptrend 3.Strong rejection with healthy green candle at very strong key level 4.Very high good volume breakout and its above average volumes 5. Double bottom formation and under the...
NSE:DLF 16.08.2024 Buy 870 Target 934 StopLoss 826 RiskReward- 1:1.5 1. Inside bar breakout in weekly & daily TF 2. After very good uptrend price is under consolidation from last 4 months. Today very good breakout found with very good volumes 3. Found decreased volumes in last few sessions 4. Rejection from 200 EMA and price crossed above 21 & 50 EMA 5....
12.08.2024 Buy 1163 Target 1260 Stop Loss 1115 Risk Reward- 1:2 1. Inside bar breakout after good consolidation 2. Weekly Doji breakout 3. 200 EMA Rejection 4. Price rejected at 0.618 Fibonacci level 5. Gradual decrease in volumes in downtrend. 6. Strength of bear candles reduced. 7. RSI has reached over sold and now recovered to 40 8. Price rejection at...
NSE:KARURVYSYA 21.08.2024 Very good upside bullish movement from last one year. Currently it is moving in a dedicated ascending channel. Stock has returning to upside without creating HL this time. Buy- 227 Target- 245 Stop Loss-209 Risk Reward- 1:1 1.Breakout- Inside bar & Doji 2.Trend- Upward range/trend 3.KeyLevel- Just below resistance. Need to break...
NSE:BIOCON 04.09.2024 Buy- Above 383.5 Target-412 Stop Loss-364.5 Risk Reward- 1:1.5 1.Inside bar and resistance breakout 2.Price is under consolidation from last three months after uptrend movement 3.Price has crossed strong resistance zone with healthy green candle with very good volumes 4.Price rejection from 21 EMA. 5. FVG rejection before...
30.07.2024 Buy 553 Target 589.5 Stop Loss 517 Risk: Reward - 01:01 1. Inside candle breakout in day TF 2. Upward channel and previous resistance breakout 3. Retracement after breakout at good FVG and thus resistance turned to support 4. Oil & Gas sector is in good momentum 5. Good Volume breakout 6. Price rejection from 21 EMA NSE:IGL
NSE:BHARATFORG 09.08.2023 Buy 1647 Target 1803 StopLoss 1494 1. Inside bar breakout 2. Stock was in good uptrend. Now consolidation is happening 3. Double bottom formation & 0.382 Fibonacci level rejection at same zone 4. Price has crossed 21 EMA & above 50 EMA 5. Volumes are good 6. Stock bounced from 35 RSI 7. Auto sector bounced back strongly
09.08.2024 Buy 98 Target 144 Stoploss 74 Risk-reward- 01:02 Holding time: 3-6 Months 1. Inside candle breakout with good support from RSI 2. Now price has reached 10 year old level. 3, Price reclaimed from 50% Fibonacci 4. Volumes are very good in upward movement and decreased volumes during retracement. 5. Price rejected at resistance turned support zone...
03.09.2024 Buy-2916 Target-3196 Stop Loss-2372 Risk Reward-1:1.5 1. Consolidation breakout 2. It has bounced from resistance turned to support zone by creating double bottom 3.Volume- Good volume accumulation 4. 200 EMA Rejection. About to cross 21 & 50 EMA 5. Exact rejection at 0.5 Fibonacci level 6. RSI Entered to bullish zone from over sold level
NSE:APLLTD 09.09.2024 Buy-1203 Target 1- 1282 Target 2-1575 Stop Loss- 1020 Risk Reward- 1:2 Holding period- 3 to 6 Months Very good fundamentals along with below technical analysis 1.Inside bar breakout in weekly TF 2.Trend- Continues uptrend from last one year 3.Price has taken retracement at very strong key level 4.Gradual increase in volumes. 5. Very...
NSE:TATACONSUM 22.08.2024 Buy-1202 Target-1246 Stop Loss-1157 Risk Reward- 1:1 1.Breakout- Inside bar breakout 2.Trend-Consolidation after uptrend 3.KeyLevel-Breakout at Resistance turned to support & parallel support also 4.Volume- Good above average volumes 5. EMA- 21 EMA Rejection & above 50 EMA 6. RSI-Bullish indication after consolidation 7. Fibonacci-...
NSE:DMART 20.08.2024 Buy- 5090 Target-5275 Stop Loss-4883 Risk Reward-1:1 Price is creating multiple HH & HL after a good breakout in March 2024 Price is again approaching all time high which has previously reached in 2021. 1.Breakout- Inside bar 2.Trend- Upward range 3.KeyLevel- Bounced from Key support level 4.Volume- Good volumes in breakout candle...