Trading Charts

MGL Watchout for range breakout

The stock is looking good above 865 level for positional short term targets of 890 and 925. Mid term targets would be 960, 1025 and 1050. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

IDFCFIRST Intraday Positional buy Idea

The stock is testing its strong resistance and looks good above 46.5 level for both intraday and positional. Positional targets will be 47.5 and 49.4. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

SAIL getting ready for an upmove

The stock is making higher swing lows and has been consolidating in the resistance zone for last 3-4 trading sessions. Buy above 78.6 level for both intraday and swing. Intraday target 0.7-1% and positional targets 81.5, 83 and 86. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

MUTHOOTFIN Given 10 month old trendline breakout

The stock has given a 10-month-old trendline breakout and looks good above 1152 level for 4-5% positional upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

IRCTC Getting ready for an upmove after 55% correction

IRCTC made a very good Falling wedge pattern and gave a breakout of that 2 weeks back. It has been consolidating in a range for 2 months now and yesterday gave a breakout of that range. These multiple bullish signs show that the stock is getting ready for an upmove now. Buy above 640 level for 1st target 665 (which is also it's 100 EMA . Once this level is breached it can move to next targets 708 and 765 positionally. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

PIIND Double bottom on weekly chart

The stock is making a double bottom pattern and looks good above 3108 level (day closing basis) for positional targets of 3200 and 3300. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

COALINDIA

The stock is looking good above 203.3 level for intraday (wait for 5 min candle close to enter) for intraday 0.7-1% upmove. Positionally one can take entry above 209 on day closing basis.

ASTRAMICRO Double bottom/W pattern formation

The stock is making a double bottom (W-Pattern) and looks good above 284 for intraday and 290 for positional trade. Positional mid term targets can be 320 and 360 (calculated using Fibo). Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

HAVELLS watchout for trendline breakout

The stock is making a double bottom pattern and testing it's 10 month old trendline. Buy positionally above 1277 level (closing basis) for first positional target of 1320. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

BANKNIFTY - Key Levels for 19-July

1. Flag Formation in hourly time frame highlighted in yellow color. 2. Short term Trend line will act as resistance for BNF tomorrow if this opens below 35300. Highlighted in blue color. 3. 35300 should act as support in case of gap up. 4. In case of gap down, next support is 35140, & 35000. 5. On the up side major resistance are at 35550 & 35810.

NIFTY - Key Levels for 18-July

1. NIFTY has formed a falling channel in last 4 months and it has given breakout from it. Channel highlighted in blue color. 2. On hourly time frame, it has formed a Flag pattern which has given breakout on 15July. Flag pattern highlighted in orange color. 3. 15900 has now become a strong support. 16000 is also a psychological level and key support. 4. 16230-40 is key resistance for this week and if NIFTY closes above this then it can try for 16400.

CANBK Broken out of 6 month downward channel - looking BULLISH!

The stock has broken it's downward channel and looking good above 224 for short term targets of 229.5 and 235. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

NBCC given falling wedge breakout

NBCC has given a falling wedge BO and looks good above 32.85 for level for positional targets of 34.4 and 35.5. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

PAYTM Ascending triangle pattern

had earlier given an idea to buy PAYTM at 585 for first positional target of 700. That has been achieved and it is now making an ascending triangle pattern. Buy above 724 level for both intraday and swing for further upmove. Positional targets would be 795 and 835. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

ICICIBANK Watchout for 10 month old trendline breakout

The stock is testing its 10 months old trendline and is also making a W ( double bottom pattern) Aggressive players can buy above 772. Safe players buy above 778 for both intraday and positional trade. Positional targets can be 788 and 808 in short term. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis

MMFL CUP AND HANDLE BREAKOUT

if closes above 960 than can buy for swing trade stoploss below 930 Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis

KAJARIACER WATCH FOR RANGE BREAKOUT

stock made a triple bottom and trading in range breakout above 1100 buy above 1100 in intraday and swing for swing keep Stoploss below 1050 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.

FIEMIND watch for resistance breakout

buy above 1381 in intraday and swing for swing keep sl below 1280(low of mother candle) This stock is not very liquid for intraday trades so keep sl little big and buy less quantity for Intraday. For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.

INDHOTEL looking strong on charts

The stock has taken a support on the lower trendline and now testing it's strong S/R zone. It has also given a breakout of the short term downward trendline. Buy above 225.7 level for further upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

BAJAJFINANCE PERFECT FALLING WEDGE EXAMPLE

The stock is making a falling wedge pattern and looks good above 5617 level for intraday 0.75-1% move. If it gives a day closing above the level then positional targets can be 5800 and 6100. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

GREAVESCOTTON can give an upmove

Greaves cotton has a strong 14-month-old support zone from where it has taken support for the sixth time and is now testing its 4 year old S/R zone. If the stock gives a strong closing above this zone, we can expect a further upmove. Buy above 160 (day closing for positional, 5 minute closing for intraday) for intraday target of 1-2% and positional targets of 165. 169 and 172 Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

M_M Perfect price action example

We can see perfect price action for Inverted head & shoulder pattern here. The price made shoulder 1 and moved down to form complete inverted head & shoulder pattern 2. It gave a breakout with shoulder 2 target met in confluence with neckline of pattern 1. Then proper pullback and continuation is seen to neckline 2 and then back to neckline 1 completing our pattern 1. Now it has given a breakout and looks good above 1075 level for a positional target of 1172. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

MIRZAINT Cup and handle formation

The stock is making a cup and handle pattern and looks good positionally above 236.5 level for short term 5-10% move and mid term target of 270 and 295. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

SOBHA watchout for range breakout

The stock is consolidating in a range and looks good above 568 level for both intraday and swing (closing basis for swing) Intraday target could be 1% move and positional 5-7% move.

MONTECARLO can give more upmove from here

The stock has made a double bottom pattern and given a trend line breakout with volume . Buy abve 624 level for another 3-5% upmove. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

UBL Watchout for trendline breakout

The stock is testing it's 9 month old trendline and looks good above 1561 level for first target of 1600. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

HAL Looking good for upmove

This is a classic case of breakout, pullback, retest and continuation. All details marked on chart. Intraday players buy above 1610. Safe buy above 1625 Disclaimer - This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss.

ORIENTBELL Cup and Handle breakout on weekly chart

The stock has given a cup and handle pattern breakout on weekly time frame and if the weekly candle closes above the 9-year-old trendline, we can expect a good upmove in coming weeks. There have been good volumes in last 2 days and we had shared this trade in our equity reserach both the days. Fresh entry to be taken above 734 level for short term target of 760, mid term target 880 and long term target of 985. Idea is only valid on weekly candle closing basis. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

BOMDYEING Possible swing trade

The stock has been constantly making higher lows and respecting it's 3-year-old support lower trendline. Buy above 109 level (both intraday and positional) - for positional on day closing basis for further upmove. Possible targets 113, 115, 118 and 120 Disclaimer - This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss.

STERTOOLS An idea for investors and positional traders

The stock has been in a range for 4 years and last month gave a 6 years old trendline breakout. After that it has retested the trendline and now again moving up. Buy above 261.5 (daily close for mid term swing and weekly close for long term positional trade). All possible targets are marked in the chart. It's a small cap company so take less quantity. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

M_M Finance Given 4 year old trendline breakout

The stock has given a breakout of it's 4 years old trendline and looks good for intraday and positionally above 191.25 level. Short term targets would be 199 and 206. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis. Learn & earn, Dr . Tanya Kumar

PAYTM Idea only for investors

PAYTM has been falling ever since it's issue price and has corrected 75% - made a low of 510. Now it's trying to make a double bottom pattern and 510 will now act as a strong support zone . It can be a good buy for long term perspective at CMP 585 and on dips till 510. Strict stop loss of 499. Mid term target would be 700 levels.

LUPIN idea for intraday

Price is trading in range bound structure and getting ready for next move. All the level and analysis mentioned over chart.

INDHOTEL looking strong on chatts

REC looking weak with long term support broken

RECLTD has broken is long term support at 116 and given a weak closing with volume . For Monday, if this trade below 113 for 15-20 mins, then it can give intraday move. In case of gapdown, wait for retracement back to 113-114 level before taking again at dip below 113. In case of gapdown and no bounce back to above mentioned level, ignore it

NIFTY at a make or break situation

I had previously shared a NIFTY chart where I had asked to short NIFTY below 17k level with 5 supports underneath. NIFTY has breached all those supports and now standing on Trendline 2. The link of previous idea is attached underneath. Now if NIFTY breaches trendline 2 and breaks the latest low level then lower support levels are marked in the chart. If it reverses from here then my 5 support levels mentions in the previous chart will now become our resistances on the upper move. Disclamer: My idea is purely for educational purpose and kindly take a trade based upon your risk management. Always book partially and use a strict trailing stop loss.

NIFTY in range for 3 days... Some relief rally ahead?

NIFTY has been consolidating in a range for last 3 days, making a hammer daily candle today. A breakout on the upper side can bring a relief rally and NIFTY can retest 15659 level in coming days. On the lower side, if there is a breakdown of 15183 levels then NIFTY can test 15000.

IGL watchout for 9 months old trendline breakout

The stock looks good above 384 level (day closing basis for positional trade) for short term targets of 400 and 410

ICICIGI Watchout for head and shoulder breakdown

ICICI LOMBARD is testing weekly support. It has also formed head and shoulder pattern in daily time frame. the stock is yet to give brkdown. if it closes below 1192 it show further weakness. we can expect 5-6% return in this stock.

STAR IS THIS STOCK GETTING READY FOR AN UPMOVE AFTER 75% CORRECTION

STAR fell from 1000 levels and recently mada a low of 263. Now it's coming up to test it's 6 month old trendline and crucial support and resistance zone. Buy above 337 levels intraday for 0.75-1% move. Positionally buy above 342 level on closing basis. Targets would be 348, 359 and 368. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis. If target 1 is reached - then aim for next target if previous target is breached.

PERSISTENT Double top pattern

The stock is making a double top pattern and can give a breakdown below 3650 level. Short term targets will be 3575 and 3465. Carry Positional only if it gives a day closing below our trigger.

GUJGASLTD Bounced strong

The stock is looking good above 555 intraday and 561 positional (on day closing basis) for further upmove.

INDIACEM Given Trendline breakdown

The stock has broken it's lower trandline and closed below it. One can sell it below 185 level in Intraday. Positional short should be initiated only below 181 level on day closing basis. Positional targets 177 and 172.

JAICORPLTD Looking good positionally

The stock has attempted to give a channel breakout and failed to close above the previous attempts above the upper trendline. Buy positionally above 147.5 level for 5-7% further upmove.

TV18BRDCAST Watchout for range breakout

The stock has been consolidating in a range for a month and now getting ready for an upmove. Buy above 43.5 (day closing basis only) for a positional target of 50. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

M_MFINANCE Pullback and continuation in Channel

M&MFIN has been trading in a channel for last 15 months. It also has strong horizontal zone at 174 which acted as both resistance & support. M&MFIN recently completed Pullback & Continuation and bouncing towards upper TL. Entry above 184

POWERGRID Flag breakout

POWERGRID has formed Flag breakout pattern. Even last month it form Flag breakout and gave move equivalent to height of the pole. With possibility of retracement to breakout level, person can take entry either on pullback or above 233.

APOLLO TYRES GETTING READY FOR AN UPMOVE

Apollo Tyres is testing it's strong Support/Resistance zone for last 3 weeks and looking good for an up move. Buy above 205 level (on day closing basis) for positional targets of 219 and 230. It can test its 5-year-old trendline.

POLYCAB watch for range breakout

buy above 2772 in Intraday if opens between 2755 and 2700 then can take risk on breakout of 2755 but this will be a risky buy.

GOACARBON Resistance breakout and pullback

buy above 600 in Intraday for positional trade can add in dips till 500 stoploss 430

MARUTI looking bullish for short term

MARUTI has given a trendline BO and closed above all EMA . It is also making a double bottom pattern. Buy above 7940 level for both Intraday and swing. Intraday target 0.7-1% move, swing targets 8200 and 8350. Always carry a trade positional on day closing basis only.

HDFC BANK Long idea intraday

Price is bouncing back and creating HL structure. Breaking 1362 can be good possibility of upside move. All the analysis mentioned on chart.

NLCINDIA Given Trendline breakout

The stock looks good above 77.5 level for intraday (1-2%) and swing above 80 for further 5-7% upmove.

TN PETRO Given Trendline breakout

The stock has given a trendline breakout and giving a good closing. Buy above 122 level for a positional target of 127.5 and 131.5

BF UTILITIES Watchout for Trendline breakout

The stock is testing it's 10 months old trendline and looks good above 404 level for swing targets of 424 and 444. Always carry a stock positionally on day closing basis.

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