RTNPOWER_ Long power stockHi Guyz, Currently RTNL Stock has given good breakout from recent Highs. What's your View? Also fundamentals of this stock is giving good positive Note!! Post your views!!. Happy Trading and this view is for only Educational purpose Longby Babujoseph773
IRCTC Long OpportunityWe can go long from current level.it is very strong institutional buying zone. Trade at your own risk. I am not SEBI registered. Longby amit17gajjar11
ADANIENT AT BREAK OUT WITH VOLUMEBUY ADANIENT ABOVE 3400 AND BREAK OUT AT 3400. NEED TO SUSTAIN ABOVE THAT LEVEL. TARGET 1 - 3650 SL - 3200 FOLLOW RISK REWARD Disclaimer - videos, presentations, and writing are only for educational purposes and are not intended for investment advice. I can't promise the accuracy of any information provided. please consult with your financial advisor. Longby hitendrakul6
ICICI Bank: Chart set upICICI Bank Observations - We are looking at daily chart of ICICI Bank - 5 day EMA and 21 day EMA at 1117 & 1119 respectively - red line of resistance around 1133-1137 odd levels - stock is near blue line of support for the 5th time ( not a conducive scenario) - 200 day EMA and green line of support around 1031-1040 levels For me this does not give confidence to go long on this stock at current price. From a short term trading perspective a Bear Call Spread strategy may be considered. Example of a Bear Call Spread Strategy Sell ICICI Bank 27 June 2024 expiry 1150 Call currently around 20 Buy ICICI Bank 27 June 2024 expiry 1180 Call currently around 11.4 Net receivables 700* 8.5 = Rs 6020 Margin required around 48K Potential Profit Margin 12.5% Loss Protection for a rise in stock price up to 1168.6 For me Ideal levels to buy the stock from a longer term perspective where Risk::Reward ratio would look favorable 990-933 odd levels. Follow risk management and consult your Financial Advisor before taking any action. Take care & safe trading...!!! by indiamarketoutlook115
JKIL (Asc Triangle Breakout)J Kumar Infraproject Ltd (JKIL) has formed an Asc triangle pattern on DTF. The stock could head towards 800, 820 in the coming few days. Also, good volumes can be seen on the DTF. Stop loss can be placed at the low of Friday's closing candle which is 644. Support at 715. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.Longby onkarsoundankar2
Coromandel Intl (NSE) - Potential Breakout and Uptrend ContinuatCoromandel Intl (NSE) has been on an upward trend for the past few months, with higher highs and higher lows. Recently, the price appears to have broken above a resistance level around ₹1,271.69, which could signal a continuation of the uptrend. Additionally, the trading volume on the day the chart was published was slightly above average, indicating potential increased buying pressure. Bias: Bullish Analysis: Upward trend: The chart displays a clear upward trend with consistent higher highs and higher lows. Breakout: The price seems to have broken above a resistance level at ₹1,271.69, potentially indicating a continuation of the uptrend. Considerations: Short-term pullback: The price has pulled back slightly from its recent high. This could be a buying opportunity, but it's also important to be aware that it might signal a temporary loss of momentum in the uptrend. Missing indicators: This analysis is based solely on price action. Using technical indicators could help confirm the strength of the trend and identify potential support and resistance levels. Conclusion: Coromandel Intl (NSE) presents a potential opportunity for a continuation of the uptrend based on the recent breakout and overall price movement. However, a short-term pullback is also a possibility. Further research and the use of technical indicators are recommended before making any investment decisions. Category: Analysis Investment Strategy: Bullish Tags: NSE, Coromandel Intl, Uptrend, Breakout Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.Longby TRADINGNASA1
Breakout stock for next wee- JKumar Ascending Triangle Breakout RSI above 70 and rising Trading above EMA50 Massive Volume spurt Disc: for study, not a recommendation Longby plus_charts1
BSoft-ATH breakout retest of an investment stockNiftyIT sector is looking very weak as we have seen a breakdown of support. BSoft is one smallcap IT stock which has big potential to grow in future. Currently, stock is retesting its previous ATH and once stock goes above 650, a good swing trade can be initiated only if NiftyIT turns bullish. If we see a fall in this stock and you are a long term investor, best price to accumulate this stock is between 490-520. Stock becomes extremely weak below 380. Longby tradewithamey_1
Bullish on InoxwindBullish on Inoxwind already tested 3 times at support and now ready for breakoutLongby HarshChaklasiya1
ZFCVINDIA Long (Breakout & Retest)Date : 02-06-2024 ------------------------------------- Breakout & Retest ZFCVINDIA Looks Good ABOVE 17930 SL 16165 Target 18515, 19691, 22043, 24983 Hold few weeks Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI2
IDEA 1D SWING TRADE - EARN WITH ME DAILY 10K-20K – IDEA Looking good for upside.. When it break level 15.25 and sustain.. it will go upside... BUY@ 15.25 Target 1st 15.70 2nd 16.35 IDEA JUN FUT – LOT 5 (Qty-200000) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Longby Prashant0192
Jio Financial Services LtdNSE:JIOFIN Long Position on Jio Financial Services Ltd Best Buy : 280+ Stop Loss : Below 255 Targets; 310/360/400/440+++++ About: Jio Financial Services Ltd, a subsidiary of Reliance Industries Limited (RIL), has been rapidly expanding its footprint in the financial services sector, leveraging the extensive customer base of Jio Platforms. With India's growing digital adoption and increasing demand for fintech solutions, Jio Financial Services is well-positioned to capitalize on these trends. Additionally, the backing of RIL provides stability and resources for sustained growth . Technical : Breakout of ascending triangle pattern. Good support from lower levels. Breakout with good volume. Good Risk to Reward Ratio. Thanks & Happy Trading Disclaimer: This idea is only for educational purposes, Please Trade at your own RISK'' Longby S_RawatUpdated 1146
FUSION IS SET TO BLAST?!! 🧵 #FUSION Stock Analysis: 1/ Applied EMA THEORY: Last time, stock soared from 365 to 680+ (87%+ gain). 2/ Current Status: CMP 456, strong support at 435. Reversal targets: 499/535/570. 3/ Trendline Breakout: Above 570 closing: - Target: 625/660 - Stop-loss: 550 4/ Next Levels: Above 665 closing: - Target: 710/790/865/915/999++ - Stop-loss: 640 5/ Fresh View: Reevaluate above 1000 closing for new targets. Longby Trendxinc1
Sona BLW longsona blw swing trade buy 645 stoploss 560 target 680 target 2 720 long term target 1 727 target 2 900 Longby KKKKKavan1
HDFC BANK NSEDATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed from FVG and gave confirmation for potential upside movement. Targets 1st Target as per Chart P. is 1555 Rs. and Further upside Target as per OB and FVG is 1700+. Thank You! Have a Good Day. Longby KRSChartsUpdated 3386
Union Bank Ready for Fly Short-Term Target: Several analysts have a consensus target price of around ₹165, indicating a potential upside of approximately 8% from the current price Mid-Term Projections: By the end of 2024, some projections suggest the price could reach up to ₹195, considering positive market trends Long-Term Projections: By the end of 2025, the share price might go up to ₹222. Further into 2026, the share price could reach around ₹255, assuming continued favorable market conditions Longby Rajesh_Savaliya6
ERIS Long BO ReadyDate : 31-05-2024 ------------------------------------- Breakout Ready Stock ERIS Looks Good ABOVE 959 SL 839 Target 1013, 1067, 1120, 1228 Hold few weeks Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHI2
ABFRL Long Positional09/03/2024 NSE:ABFRL ------------------------------------------------ Looks Good Bottom Pick, Retesting Bottom Channel Buy Above 230 Targets - T1 to T9 Try to enter once it crosses 20, 50 & 200 SMA'sLongby IOTABHIUpdated 15
KRBL Testing Long-Term Support – Key Level to Watch The stock is testing a long-term ascending trendline, which has acted as support multiple times over the past few years. The RSI is at 32.27, indicating oversold conditions but also a bearish divergence, suggesting caution. The MACD is showing a bearish crossover, with the histogram in negative territory, indicating downward momentum. Recent volume has increased, indicating strong selling pressure as the stock tests support. Immediate support is at the ascending trendline around ₹270. A break below this level could lead to further downside, with next major support around ₹200. Watch for a potential breakdown below ₹270 with strong volume, which could signal further downside towards ₹200. If the support holds, monitor for a possible bounce, but be cautious due to bearish indicators.Longby Marketik1
GANECOS Approaching Channel Resistance – Bullish Continuation? The stock is trading within an ascending channel, currently testing the upper resistance line. The RSI is at 64.56, indicating strong bullish momentum but not yet overbought. A significant increase in volume supports the potential for a bullish breakout above the channel resistance. The stock is trading well above its 100 EMA, which aligns with the lower channel line, indicating strong support around ₹918. Immediate resistance is at ₹1200, the upper boundary of the ascending channel. Support is at the 100 EMA and the lower channel line around ₹918. Watch for a breakout above ₹1200 with strong volume for a potential bullish continuation. If the resistance holds, look for support around ₹918.Longby Marketik1
HATSUN Nearing Symmetrical Triangle Apex – Breakout Imminent? The stock is forming a symmetrical triangle, approaching the apex, indicating a potential breakout. The RSI is at 41.96, showing a bearish divergence, suggesting a cautious approach until a clear breakout occurs. Volume has been stable, but watch for an increase as the stock nears the apex of the triangle. Immediate support is at the lower trendline around ₹950, while resistance is at the upper trendline around ₹1100 Monitor for a breakout above ₹1100 or a breakdown below ₹950 for a clear direction. A breakout with strong volume could lead to a bullish move, while a breakdown might suggest further downside.Longby Marketik1
GMRINFRA Testing Key Support – Potential Reversal Ahead! The stock is testing its ascending support trendline, which has held strong multiple times, indicating a potential reversal. The RSI is around 50, indicating neutral momentum with potential for a bounce. The stock is currently trading near its 100 EMA, which aligns with the support trendline, adding strength to this support level. Immediate support is at the trendline around ₹80-₹81, with resistance at ₹92, where the stock has faced selling pressure before. The recent pullback saw a decrease in volume, suggesting it might be a healthy correction within an uptrend. Watch for a bounce from the ₹80-₹81 support zone. A move above ₹92 with strong volume could signal a bullish continuation. If the support fails, reassess for further downside.Longby Marketik1
Approaching Symmetrical Triangle Breakout – Bullish SetupThe stock is forming a symmetrical triangle, nearing the apex, which suggests a potential breakout. The RSI is at 57.40, indicating positive momentum and a potential for further upside. The MACD shows a bullish crossover, with the histogram turning positive, suggesting increasing bullish momentum. Volume has been increasing, adding confirmation to the potential breakout scenario. Immediate resistance is around ₹760, with support at the lower trendline around ₹620. A breakout above ₹760 with strong volume could lead to a significant bullish move. Watch for confirmation of the breakout for potential entry points.Longby Marketik1