DOMS - ABCD Pattern, Crossing Swing Highs.NSE:DOMS Crossing Swing Highs with Strong Candles With RSI and MACD Trending Upwards and according to ABCD Pattern it's Likely to Cross ATH in Short Term.
About:
Incorporated in 2006, NSE:DOMS is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, NSE:DOMS is the 2nd largest player in India’s branded 'stationery and art' products market. It held 29% and 30% market share for its core products in FY23 for pencils and mathematical instrument boxes.
Trade Setup:
A Swing Trade Can be Done as per the ABCD Pattern and Bullish Price Action. Keep Position Size as Per Appetite.
Target (Take Profit):
Near ATH Levels of 3115
Stop Loss:
Entry Candle Low for Aggressive Swing Traders and Swing Low in General.
📌Thank you for exploring my idea! I hope you found it valuable.
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Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
AB=CD
Maruti SuzukiMaruti Suzuki India Ltd - Technical Analysis & Trade Plan
Stock: MARUTI SUZUKI INDIA LTD (NSE)
Timeframe: 1D (Daily)
Key Levels:
Entry Zone: Near 10,369 - 10,278
Stoploss: Below 9,815 (Candle Close Only)
Immediate Support: 10,800
Immediate Breaking Range: 11,837.90
Immediate Resistance: 12,376.65
Target 1: 13,445.70
Target 2: 14,957.60
Trade Plan:
Good Accumulation Zone Identified at lower levels.
Demand Zone around current price, expecting potential reversal.
If price holds the demand zone, a bullish move towards resistance & targets is possible.
If price breaks down below support & demand zone, further downside towards entry range possible.
Risk-Reward Management:
Stoploss candle close only, Target Trigger Price
Risk Ratio 1:1 maintained, modify SL accordingly
Good entry at marked price only with strict SL
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
HDFC BANK LTD (NSE)📢 Smart Trading Opportunity – HDFC BANK LTD (NSE) 📢
🚀 Maximize Profits with a Strategic Approach! 🚀
Unlock potential trading opportunities with well-defined entry, target, and risk management strategies.
🔹 Bullish Pattern & Entry Plan
🔹 Entry Confirmation – Above Trendline Break
🔹 Target – ₹1,913.45 (Projected Upside)
🔹 Breaking Range – ₹1,804.40 (Key Resistance)
🔹 Risk-Reward Management – Optimize with stop-loss adjustments
🔻 Bearish Scenario & Downside Plan
🔻 Immediate Support – ₹1,625.45
🔻 Selling Target – ₹1,514.35 (Bearish Confirmation)
🔻 Entry for Strong Bearish Move – ₹1,482.40
📊 Key Trading Strategy 📊
✅ Swing Trading & Short-Term Holding Opportunities
✅ Price Action & Pattern-Based Entries
✅ Risk-Managed Approach – Protect your capital
✅ High Probability Trade Setup – Clear entry & exit points
⚠ Disclaimer: This is for educational purposes only, not a buy/sell recommendation. Trade responsibly and manage your risk!
Would you like me to include your logo and refine the design further? 🚀📈
Kernex Microsys (KERNEX) Short term (6 to 12month) HoldingSL Weekly candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
USD/INR - Where the rupee is heading, Will it reach the 90s?FX_IDC:USDINR
Looking at the daily chart of USD/INR we can see a breakout at 86.68 level. And now there is a retracement from 87.95 levels. The question is whether it will make a new high or not, should we remain bullish on USD?
Let's refer the history to find a high probability answer.
From Oct'18 prices consolidation for 1.5 years. During this period there was cup and handle (C&H) formation followed by a breakout in Feb-20 @72.5 INR.
Note that the base of the handle was at 70.55 INR.
The momentum continued till 77 Rs in Apr-20.
If we draw a fibo extension from 70.55 to 77 (Δ 6.45), and apply it from the next C&H breakout at 77 Rs in May-22. The upmove followed this breakout made a high @ 83.285Rs. which is approx equal to (B/o pt + Δ) = (77+6.45 = 83.45).
Now Lets apply this concept to find the high of current bull run.
Let draw Fibo extension from base of the handle to top of the the entire run i.e from 75.288 to 83.285 (Δ ≈ 8)
And apply it from the B/o of C&H pattern @83.41 Rs.
So the next targets are {(B/o pt + Δ) = (83.41+8 = 91.41)} or {(B/o pt + 1.618*Δ) = (83.41+1.618*8 = 96.35)}
Gold Next Move SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Aarti IndustriesSL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Maruti Suzuki SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Technical trading part 2Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
Two Possibilities in NIFTYWhile Considering the Positive Outlook first to satisfy our souls and urge to see NIFTY in Green; I found a Butterfly Pattern with a possibility of reaching out to 24857.75, B Leg.
On other hand if there is any negative news spreading out and FII are good enough to bargain best price they may take this up to 21653.30 creating a downtrend in NIFTY forming AB=CD Pattern
All these are approximate levels.
I am not a SEBI Certified RA. This Idea is completely educational based on Harmonic Technical Analysis.
Classic head & shoulder now 1473 looks attractive Natco PharmaHi Investor,
Chart looks attractive stock near 52 week's high. Today pharma index supporting advise.
Stop loss and target as mentioned on chart. Correction done in Natco pharma.
Inverted Head & shoulder is formed when recent down trend gets reversal.
In Natco Pharma same condition is forming.
Have Patience to wait in the stock with strict stop loss.
I or you never know future it is just projections of future.
Trade at own risk I am not advisor better Observe stock performance to gain in future and stick to condition of Inverted Head & Shoulder pattern only.
Well wisher Happy Investing
AB = CD Apple: Daily Vision
The trend is clearly bullish, and selling in this context could be risky. However:
Resistance Break: The price recently broke a resistance level (red zone / white arrows) but has not yet performed a pullback.
Scenario to Watch: If the price returns to the support/polarity zone, it could offer a potential buying opportunity to aim for an AB = CD pattern.
Key Points:
Uncertainty: It’s unclear whether the price will pull back to the support zone or reach the target directly without a correction.
Plan: I have set up a plan and will stick to it.
Conclusion:
If the price revisits or approaches the support zone (or the rising trendline), I will look for a potential buy setup.
⚠️ Disclaimer: This analysis reflects my personal perspective and is not financial advice.
SYNGENE INTERNATIONAL A STOCK IN MOMENTUM Syngene International Ltd. is an interesting chart in momentum with following
1. RSI on all time frames (DWM) above 60
2. Narrowing Bollinger Bands on daily chart with price walking on upper band
3. Huge Anchor candle formed on weekly chart with high volume
4. Major price supports
20 SMA (daily) 883
50 EMA (daily) 875
20 SMA (Weekly) 864
Super Trend (daily) 864
with cluster of supports in zone of 864 to 885 and Fibonacci extension targets of 980-1018-1068 stock can be good risk reward option to keep on radar
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
#NIFTY - 14TH NOVEMBER NSE:NIFTY
#NIFTY ⚡
Observe, understand, then implement 👍🏻
Chart contains support and resistance levels (understand how it works 👇🏻)
Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall.
Support:
-Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further.
- Indicators: Support levels can be identified through historical price data, trend lines, or moving averages.
- Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level.
Resistance:
- Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further.
- Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages.
- Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level.
Importance:
- Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets.
- Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand.
Understanding these concepts can enhance trading strategies and improve decision-making.
P.S note : im not SEBI REGISTRAR 🙏🏻
Any doubt 👉🏻 @thetradeforecast
elliotwaves study ERIS LIFESCIENCESof the 5 waves corrective wave 3-4 and impulse 4-5 is pending. the final cycle in this stock can be expected to be complete by Jan2029 as it is cyclical in nature. We can confirm as long as wave 4 doesn't cross wave1.
The company is a leading player in the domestic branded formulations market. It is the youngest among the top 20 companies in the Indian Pharmaceutical Market.
The company focuses on branded generics, with 85% in chronic and 15% in acute segments. It offers drugs across various therapies, including anti-diabetes, cardiovascular, dermatology, gastroenterology, gynecology, and anti-infective
Reliance Industries - Double Bottom & Channel SetupReliance Industries reversing from double bottom & channel levels which confluences with AB=CD & Deep Crab harmonic reversal zones
Entry after retraces to 2760 levels with target near mid trendline of channel. Exit if price settles below 2720 levels.
#RELIANCE: Big Investment Opportunity In Making±Dear Traders,
We are seeing some major correction on Reliance since last few weeks, in our technical view price is yet to drop further towards our designated buying zone. Expect a swift buy from our identified key level, even possible to see a continuous bull run taking price above 3500 region. If you agree to our view please like and comment for more.
NIFTY LEVL FOR COMING DAY$The ABCD pattern is a popular intraday chart pattern used in technical analysis to predict potential price movements. Here’s a breakdown of the pattern:
A: The stock experiences a morning rally to a new high.
B: This is followed by a midday pullback and consolidation.
C: The stock forms a higher low and begins to grind up, breaking through the morning high.
D: Finally, the stock rallies to a new high of the day12.
This pattern helps traders identify entry and exit points, manage risk, and avoid chasing stocks during midday pullbacks. It’s particularly useful for spotting trend continuations or reversals depending on the context of the pattern2.
ANOTHER RALLY IN ADSL?"ADSL" is now getting ready for another rally in making a new ATH. There is a good short-to-mid term swing opportunity in this stock, but before this, we need to plan our entry. Two levels of entry is possible here:
a. The stock is undergoing a retracement in a lower timeframe (hourly), which should retest the previous resistance level of 254. A good entry should be at the time of retest which gives us a good risk-to-reward ratio.
b. Another entry, which is in fact a more generic and safe, is when price breaks the recent swing high of 278.
Targets are calculated using ABCD Pattern of Harmonics: In case "a", the targets are almost 27% and 35% respectively from the entry point. In case "b", the targets are almost 17% and 24% respectively.
So, keep this in your watchlist!
FINNIFTY (CNXFINANCE) - A BEARISH CYPHER PATTERN FORMED. NSE:CNXFINANCE
❇️Harmonic chart pattern: BEARISH CYPHER PATTERN
👉🏻The Cypher pattern is one of the most profitable harmonic patterns and is useful for risk management, because of the large success rate. Traders can minimize losses if they follow the Cypher trading rules and meet the profit target.
🚀How to use
❇️The Cypher harmonic pattern is a trading strategy that uses Fibonacci numbers to identify turning points in geometric price patterns. It can help traders predict future movements, determine when trends will reverse, and decide when to buy and sell. Here are some steps for using the Cypher pattern:
❇️1. Draw the patterns
👉🏻Start with a bullish or bearish impulsive move from point X to A. Then, use a Fibonacci retracement tool to find point B between 38.2% and 61.8% of XA, without closing past 61.8%. Next, use a Fibonacci expansion tool to find point C between 127.2% and 141.4% of the move from X to A, without closing past 141.4%. Finally, use a Fibonacci retracement tool to find point D by moving from X to C and reaching the 78.6% region. You can also use a Fibonacci expansion tool to find point D by moving from B to C and landing between 127.2% and 200%.
❇️2. Enter the pattern
👉🏻Traders can enter a Cypher pattern by setting a limit order at the 78.6% level or using a market order after the price starts to reverse.
❇️3. Set stop losses
👉🏻For a bearish Cypher, place stop losses just above point X. For a bullish Cypher, place stop losses just below point X.
❇️4. Set take profits
👉🏻Draw a Fibonacci extension from point C to point D and set multiple take profits. For example, you could set the first take profit at Fibonacci one, the second at 1.272, and the third at 1.618. You can break into the trade when any of the take profits are hit. Many traders partially close their position at point A, but you can also choose point C for a more aggressive approach
ENTRY STATUS: ACTIVE ✅
TARGET 23440-23140-22555 (as per this harmonic chart pattern)
SL 23670
🚀Happy trading 🫡
👉🏻 @thetradeforecast🇮🇳