APPOLOHOSP - 30MIN MARKET STRUCTUREConsidering the Appolo Hospitals, the price was just completed its accumulation stage. If we see in the Accumulation stage, it traveled between the range. And 200 EMA was also above the Price. Currently, the price is about to break the resistance of the Range. As we can see that the price is also above the 200 EMA. This indicates the price will go up because it completed its accumulation stage. There are more chances to go up as I mentioned in the chart. I think it's the time to gain profits in Appolo Hospitals.
Accumulation
DR REDDY LABS - 30min DECLINING - SHORTIf we look the chart the accumulation occur after the price has fallen.
The EMA 200 also started to flatten and the price was also below the 200 EMA.
In accumulation we see the price was in the range. The breakout happend on 8Jun2022.
After breakout of resistance the price was at Advancing stage. At this stage price is above 200 EMA.
Currently the price was in distribution stage and the price whip back and forth around the 200 EMA. If the Price breaks the support of the Range then it will be in Declining stage. The price will go down if it breaks the distribution stage.
We can go shorting for the next few days. Target is mentioned in chart!
SHREE CEMENT VIEWVannakam makkale. Seems like Namma Shree Cement took support maximum 18300 to 18400 range good support ah irrukum.
Let's see and can accumulate first 30% here but still crudeoil price surge short to mid term la issue ah irrukum but long term la pricing power to top companies vanthuruvanga.
Any doubt and questions means kindly comment below. share with your closed ones. Thank you!!
LUX INDUSTRIES ACCUMULATIONMakkale we got another scrip from textilte sector and it's in hosiery business. Yes, we've to choose different sectors for long term purpose which is ''Diversifiy" our portfolio. I beleive that when the population increases and the hosiery business tend to emerge.
The scrip is none other than '' LUX INDUSTRIES'' wait for the marked levels and start accumulating first 30% here after the confirmation.
Do your own research also. CHEERS!!
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GODREJ PROPERTIES LONG TERM BUYING OPPORTUNITYGodrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at its 52 week low. So good buying time!
Barbeque Nation Can Give A Good Move Anytime.Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big movement and wicks, so have to be careful.
PSP Projects - 4yr Breakout with heavy volumesBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
(Though this one can be bought half quantity in the morning and the rest after 3pm.)
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
SWING TRADE : YESBANK
Levels are given on chart.
1. Volumes are good.
2. Super Trend Buy
3. Completed downtrend --> Breakout from Accumulation Zone above 15.20 --> Uptrend hopefully
4. Good risk reward ratio
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
Colpal - At Multi year support#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that week is broken, exit from it, because it will be the sign of trend change
BEML - 16yr Mega Breakout with Volume
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Maruti :AnalysisMaruti is trading around a very crucial level of 7700. This level is held as a resistance since december last year. Possibility of the breaking out of is good after an accumulation period because of the following reasons:-
1) Bounce from Max Volume Zone.
2) EMA's showing long term side ways market (aka consolidation in wide range).
3) Closing above PP weekly and Rising PP levels.
4) Previous accumulation zone with volume profile support.
It is not sure that this time it will give breakout but possibility of breakout is good. It is possible that maruti might retrace once again and then give a breakout in the next swing because a small retracement in nifty is expected.
Breaking out of 8k levels will not give conformation till crossing of 8200 levels because maruti has overshot 8k levels multiple times in the past. So safest position to buy maruti is above 8200 levels one can also do accumulation of position till 8200 levels with strict sl below 8k.
Above 8200 range is open till 10,000 which it can attain in medium to long term.
PS: Trade as per your risk appetite and follow RR Ratio. Mind well no body is Pro in the market.