This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...
Clearly at a resistance point from a previous swing high and trend line as well as shown on the chart. Break out of these two should see a move towards 1600. Keep a watch .
One can go long above 1220 for a quick target of 1300
Chart has given breakout after good consolidation and ready to fly from here. It's a trend reversal case so, we can expect good upside from here. Stop loss: 1100 Target - 2000+ in next 1 year.
Over the short-term stocks that have been hit the hardest, like Endurance Technologies Ltd., are continuing to mean revert to the upside. Money is rotating out of Nifty Pharma, Nifty Fast Moving Consumer Goods, and other areas that have led the recent rally and is now flowing into other areas like Nifty Financial Services that have yet to participate to the same...
Endurance - Bearish Bias - Can short at current levels.
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...
Buy - 1270 CBSL - 1245 Target - 1350 The stock personality of 50D EMA looks strong which also overlaps with the demand zone.
HT HB and hammer formation Stock Personality 20D EMA Buy - 1350 CBSL - 1319 Target - 1398