Indianstocks
LTTS LONG BUY - IT BOOMING AGAIN !!The stock is at a good support level and also near the trendline support, following from July 2021.
As IT sector started booming again , as per my view, We may see this stock hit 6500 in near weeks.
IT sector view : looks bullish for next couple of weeks (Below in the Weekly chart of CNXIT)
The stock is a good pick for swing trade, has a good reward to risk ratio (~ 1.9)
Trade Details:
Entry: 5650 or below
Stop Loss : 5300
Target: 6300, 6500
Duration: 3-4 weeks
The stock has a earning release today, 17 Jan 2022 we may see a gap up in opening today.
Stay Safe, Happy Investing:)
LTI LONG BUY - IT boomingOut of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage.
The stock is at a good support level and also in a trendline support, following from July 2021.
As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks.
IT sector view : looks bullish for next couple of weeks
The trade seems in a good reward to risk ratio (~ 3.98)
Trade Details:
Entry: 7150 or below
Stop Loss : 6950
Target: 8000
Duration : 3-4 weeks
As this stock has a earning release today, we may see a gap up on today.
Stay Safe, Happy Investing:)
JTEKTINDA Trade SetUpEntry around 98.85
StopLoss = 95.55
Target 1 = 104.20
Target 2 = 112.20
If you like my ideas please do like them.
Happy Trading :)
RCF Trade SetupEntry = 80.80
Stoploss = 79.10
Target 1 = 84.10
Target 2 = 88.80
Would take 5 to 15 Days to reach target
NIFTY Daily Breakout - Target 18210, 18342 NIFTY has given a breakout and soon might test the resistance levels 18210, 18342 in next few weeks. I won't be surprised if it pulls back a little to test the breakout at 17639 levels .
IBULL Finance Upcoming MultiBaggerIndiabull Housing finance can consider as an Upcoming Multibagger.
BULL RUN ON ZOMATO!!!This is very good news for Zomato holder as the stock is taken its liquidity from the Price ~Rs129 and now the target expected from this point is almost ~Rs149-Rs150. Which is just great!
TATACHEM Trade SetupEntry = 980.95
StopLoss = 941.95
Target 1 = 1017.20
Target 2 = 1068.20
Would take 5 to 15 Days to Hit targets
Nifty to 20000!! BOOOM FLAGHello traders hope you all going profitable!
Before this I have posted a Idea containing Nifty forming a morning star on Daily Basis and now we are going to analysis on week time frame after a successful pull back
Currently Nifty is forming a bull flag on the week basis also backed up by the three white soldiers + RSI above the 60 level(as per the modern scenario) While MACD is about to give crossover , SO we can wait for our 4th conformation but If you are aggressive you can go for it after the retest(Which may or may not happen)
That's it guys !
Like if you Agree as this also encourage me to publish more Ideas with you!
HAPPY PROFITABLE TRADES
"More Beautiful Than The Taj Mahal?"We recently broke through the key pivot point.
A lot of energy was used to achieve that.
Wait for pullbacks to the pivot point to pinpoint your entry.
Enter with conviction.
Purpose!
This long could be more beautiful than the Taj Mahal but we must be patient.
The last rally before the big crash.
We have our Indian stock forecast for 2022.
Are you prepared for 2022?
I have my predictions but first let me here yours.
I read every reply.
- Ninja
GMRINFRA - Breakout or Fakeout? - Watch out 43.35 & 46.10 levelGMRINFRA has been on a run for last 2 years, already up by 300%. It recently tried to break out the trend line, but it needs to be to close above the 43.35 levels for break out confirmation. It's also testing the key weekly and monthly levels in the charts, consolidated for a very long time forming a strong base. Keep an eye on the levels 46.10 levels, break out can be explosive. Any rejection from the levels 43.35 & 46.10 will make the stock further consolidate for some more time.
CDSL trying for big breakout CDSL is at a critical resistance level and has been trying to breakout these 3-4 times in last few months. It's in ascending triangle pattern, which is considered bullish. If the daily candle is fully above the resistance level for 2 consecutive days, it will go big, else come back in triangle for further consolidation.
TCS Jan 2nd week #tade 1.3
if the price trace green line buy at the arrow mark and take profit at indicated lines, boom..!
if the price trace blue line buy at the arrow mark and take profits at indicated lines, boom..!
if it goes to stop loss, the trade is successful failed :)
I dnt hv the patience to explain
Not a advisor, trade at ur own risk
happy trading :)
Indian market: Kill zoneThere is a killzone in this.
What this means is that it's an optimal zone to take a controlled loss. Errrh.. that's called a 'stop loss'.
That means there are losses involved.
Shorting markets is well known to be more dangerous than going long in markets.
This is not advice to short.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NMDC - TRENDLINE BREAKOUTNSE:NMDC has broke the downward trendline followed from 12 May 2021.
Next 2 resistance levels to watch:
Resistance 1: 146.5
Resistance 2: 157.9
Trade Plan:
Entry - Below 140
SL - 129
If weekly close above the trend line, we can go long for couple of weeks
Affle Cup and Handle Formation. Recommended in our special Group in August Affle has already given returns of close to 60% Split adjusted. Right now it has given a Cup and handle BO and after some consolidation can go long. Looks a pretty solid long term stock.
Nifty moving towards 18K but has two major resistance in the wayNIFTY gave another solid positive candle and FIIs did more than double buying compared to DIIs. Next resistances before NIFTY tries to hit 18K again are near 17889 and 17942. Supports on the down side are 17707, 17634, 17593 and 17366.
India Bull Housing Finance - Ready for Break out ? India Bull Housing Finance has been consolidating for sideways for last 4-5 months. It tried to breakout multiple time above the strong resistance levels but got rejected and closed below the line. It's again flirting with the resistance line, but this time the volume is unusually higher and similar to previous ones when it had major breakout. If the daily candle closes above the 257 line, it's headed towards 277, 297, 312 target. If it gets rejected again, expect to consolidate again in the channel. Momentum shows its heads upwards.
SRTRANSFIN - Long Position for short term 10% gainSRTRANSFIN is a good profitable trade in short term.
Important Levels are marked in the chart.
