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LTF Breaking Out of Consolidation and ascending triangleNSE:LTF : Breaking Out of Consolidation and ascending triangle with heavy volumes today - Is This the Next Big NBFC Move? Price Action Analysis: • Base Formation: Clear sideways movement between ₹160-172 levels • Breakout Confirmation: Recent breach above ₹172 resistance with volume expansion • Trendline Break: White descending trendline from December highs decisively broken • Market Structure: Shift from the consolidation phase to the potential trend resumption • Time Frame: A six-month base provides a strong foundation for sustained movement Volume Analysis: • Current Volume: 5.57M against 20-day average of 15.94M • Volume Pattern: Accumulation visible during the base formation period • Support Tests: Volume spikes coinciding with successful ₹160-164 support tests • Breakout Volume: Adequate but not exceptional - requires monitoring for follow-through • Distribution Signs: No significant selling pressure visible during consolidation Key Support & Resistance Levels: Support Levels: • Immediate Support: ₹172 (new floor post-breakout) • Secondary Support: ₹168 (previous resistance turned support) • Major Support: ₹160-164 (primary consolidation base) • Critical Support: ₹155 (breakdown level) Resistance Levels: • Immediate Resistance: ₹190-195 (measured move target) • Next Resistance: ₹205-210 (psychological and technical zone) • Long-term Target: ₹220-225 (extension target) Trade Setup: Entry Strategy: • Aggressive Entry: Current levels ₹183-184 for momentum traders • Conservative Entry: ₹175-177 on pullback to breakout zone • DCA Approach: Scale in between ₹175-185 levels Exit Strategy: • Target 1: ₹192 (measured move from rectangle pattern) • Target 2: ₹205-210 (next significant resistance) • Target 3: ₹220+ (extension target for long-term holders) Stop Loss: • Closing Basis: Below ₹170 • Intraday Basis: Below ₹168 • Risk Percentage: 7-8% from current levels Position Sizing & Risk Management: Position Sizing: • Conservative: 1% portfolio risk • Moderate: 1.5% portfolio risk • Aggressive: 2% portfolio risk (maximum recommended) Risk Management: • Stop Loss Discipline: Strict adherence to ₹170 closing stop • Position Scaling: Reduce position if breaks ₹175 intraday • Profit Booking: Book 30% at ₹192, 40% at ₹205 • Trailing Stop: Implement above ₹195 levels Sectoral Backdrop: NBFC Sector Positives: • Credit Growth: NBFC credit growth outpacing bank credit • Market Share: Gaining share in retail and SME segments • Asset Quality: Improving collection efficiency post-COVID • Regulatory Support: Favourable policy environment Sector Trends: • Digital Lending: Increased adoption of technology platforms • Rural Focus: Growing emphasis on semi-urban and rural markets • Partnership Models: Collaborations with fintech companies Fundamental Backdrop: Company Strengths: • Group Support: Strong L&T Group parentage and backing • Diversified Portfolio: Exposure across infrastructure and retail segments • Quality Borrowers: Access to L&T Group ecosystem clients • Management Quality: Experienced leadership team Recent Developments: • Asset Quality: Improving NPA ratios • Profitability: Better margins and ROE metrics • Growth Strategy: Focus on profitable growth segments Risk Factors: Technical Risks: • False Breakout: Possibility of returning to the consolidation range • Volume Confirmation: Need for sustained volume support • Market Correlation: High beta to financial sector performance Fundamental Risks: • Interest Rate Risk: Rising rates impacting lending margins • Credit Quality: Potential stress in the retail lending portfolio • Economic Slowdown: Impact on borrower repayment capacity • Regulatory Changes: Policy shifts affecting NBFC operations Market Risks: • Sector Rotation: Money moving away from financial stocks • Liquidity Concerns: Tightening of wholesale funding markets • Competition: Increased competition from banks and fintech My Take: The technical setup suggests accumulation phase completion with potential for a significant move higher. Follow the Strict Trade Plan as Explained Above. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. 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 a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes 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.
NSE:LTFLong
by Karanshah137
17
RKF Massive Breakout After 6-Month Consolidation.NSE:RKFORGE Hidden Auto Component Gem Ready for Massive Breakout After 6-Month Consolidation, after Breaking out Today With King Candle and Volumes. Price Action: - Current Price: ₹656.75 (+9.37% gain) - Trading Range: ₹553.00 - ₹1,020.00 - Market Cap Category: Mid-cap stock with decent liquidity - Chart Pattern: Extended consolidation phase with recent breakout attempt Support and Resistance Levels - Primary Resistance: ₹760-780 zone (red horizontal line) - Secondary Resistance: ₹1,020 (previous high) - Immediate Support: ₹620-640 zone - Major Support: ₹553-580 zone (green horizontal rectangle) - Critical Support: ₹553 (52-week low) Base Formation: - Base Type: Rectangle/Sideways consolidation base - Duration: Approximately 6 months (January 2025 to June 2025) - Base Depth: ~45% correction from highs - Base Quality: Tight consolidation with reduced volatility - Breakout Characteristics: Recent volume spike suggests potential base completion Technical Patterns: - Rectangle Pattern: Clear horizontal support and resistance boundaries - Volume Accumulation: Declining volume during consolidation, spike on recent move - Flag Formation: Potential bull flag pattern forming at current levels - Double Bottom: Possible formation around ₹553-580 support zone Volume Spread Analysis - Volume Characteristics: 21.57M shares traded (above average) - Volume Pattern: Higher volume on up days, lower on down days - *Accumulation Signs: Volume spike coinciding with price breakout attempt - Volume Confirmation: Recent breakout supported by increased participation Trade Setup: Entry Strategy: - Primary Entry: ₹650-665 (current levels on pullback) - Aggressive Entry: ₹680-690 (on breakout above resistance) - Conservative Entry: ₹620-630 (on retest of support) Exit Levels: - Target 1: ₹750-760 (15% upside) - Target 2: ₹850-880 (30% upside) - Target 3: ₹980-1,000 (50% upside) Stop Loss Levels: - Tight Stop: ₹620 (5% risk) - Swing Stop: ₹580 (12% risk) - Position Stop: ₹550 (16% risk) Position Sizing: - Conservative Allocation: 2-3% of portfolio - Moderate Allocation: 4-5% of portfolio - Aggressive Allocation: 6-8% of portfolio (for risk-tolerant investors) Risk Management: - Risk-Reward Ratio: Minimum 1:2 for all entries - Portfolio Risk: Maximum 2% portfolio risk per position - Position Monitoring: Weekly review of technical levels - Profit Booking: 25% at Target 1, 50% at Target 2, remainder at Target 3 Sectoral Backdrop: Auto Components Sector Overview - Sector Performance: Recovery phase post-COVID disruptions - Growth Drivers: EV transition, export opportunities, aftermarket demand - Challenges: Raw material inflation, supply chain disruptions - Government Support: PLI schemes, Make in India initiatives Forging Industry Dynamics - Market Position: Specialised manufacturing with high entry barriers - Demand Drivers: Commercial vehicle recovery, export growth - Competitive Advantage: Technical expertise, established client relationships - Cyclical Nature: Linked to auto industry cycles and capex spending Fundamental Backdrop Company Overview - Business Model: Automotive forging components manufacturer - Key Clients: Major OEMs in domestic and international markets - Product Portfolio: Crankshafts, connecting rods, front axle beams - Manufacturing Facilities: Multiple locations with modern equipment Financial Health Indicators - Revenue Growth: Recovery trajectory expected post-consolidation - Margin Profile: Improving operational efficiency - Debt Levels: Manageable debt-to-equity ratios - Cash Flow: Positive operating cash flow generation Growth Catalysts - Export Expansion: Increasing share in global supply chains - Product Diversification: Entry into new automotive segments - Technology Upgrades: Investment in advanced manufacturing - Market Recovery: Commercial vehicle segment revival Risk Factors - Cyclical Demand: Vulnerability to auto industry downturns - Raw Material Costs: Steel price volatility impact - Competition: Pressure from low-cost manufacturers - Regulatory Changes: Environmental and safety compliance costs My Take: NSE:RKFORGE presents a compelling technical setup after a prolonged consolidation phase. The stock appears to be breaking out from a well-defined base with strong volume support. The risk-reward profile is attractive for medium-term investors, with clear support and resistance levels providing good trade management opportunities. However, investors should remain mindful of the cyclical nature of the auto components sector and size positions accordingly. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. 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 a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes 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.
NSE:RKFORGELong
by Karanshah137
15
Swiggy Base and Trendline BONSE:SWIGGY gains as Morgan Stanley starts coverage with 'overweight' rating; sees 22% upside. On Daily Chart, it Could Signal a 35% Breakout - Here's the Exact Level Every Trader is Watching Price Action Analysis: The chart reveals a classic consolidation phase following Swiggy's IPO debut in November 2024. After an initial surge to highs around 465 levels post-listing, the stock underwent a significant correction, falling to lows near 297 in March 2025. Currently trading at 362.75, the stock shows signs of building a base in the 310-370 range. Volume Analysis: Volume patterns indicate institutional interest with notable spikes during key price movements. The stock gained nearly 17% on its trading debut, signalling growing investor confidence in food and grocery delivery firms. The recent volume of 22.31M shares suggests active participation, though lower than peak trading days. Key Technical Levels: Support Levels: - Primary Support: 305-310 (marked by green horizontal line) - Secondary Support: 297 (March 2025 low) - Critical Support: 280 (psychological level) Resistance Levels: - Immediate Resistance: 370-375 (red horizontal line marking recent highs) - Major Resistance: 420-430 (post-IPO consolidation zone) - Ultimate Target: 465 (all-time high) Base Formation: The stock has formed a rectangular consolidation base between 310-370 levels over the past 3-4 months. This 4-month base-building phase indicates potential accumulation by institutional investors, typical behaviour post-IPO as initial volatility settles. Technical Patterns: A descending trendline resistance (marked in white) from the March highs is being breached. The current price action suggests a potential breakout from this falling wedge pattern, which is typically bullish. Trade Setup: Entry Strategy: - Conservative Entry: 375+ on breakout above resistance with volume confirmation - Aggressive Entry: 365-368 on current levels for base play Exit Levels: - Target 1: 400 (intermediate resistance) - Target 2: 430 (major resistance zone) - Target 3: 465 (all-time high retest) Stop Loss: - For breakout trade: 355 (below recent consolidation) - For base play: 305 (below primary support) Position Sizing and Risk Management: - Risk per trade: Maximum 2% of portfolio - Position size calculation: (Portfolio value × 2%) ÷ (Entry price - Stop loss) - For a 100,000 portfolio: (100,000 × 2%) ÷ (365 - 305) = 33 shares maximum - Reward-to-risk ratio: 1:2.5 minimum Sectoral and Fundamental Backdrop: NSE:SWIGGY food delivery business achieved profitability in March, with a current market cap of 83,088 crores and revenue of 15,227 crores. However, the company still reports losses of 3,117 crores, indicating it's in a growth investment phase. The IPO was priced at ₹390 per share, raising ₹11,327.43 crores, providing substantial capital for expansion. The company operates a hyperlocal on-demand delivery model, connecting nearby restaurants and service providers to customers, with diversification into grocery delivery (Instamart) and logistics services. The food-tech sector in India remains attractive due to increasing digitization and changing consumer behaviour. Recent antitrust concerns regarding discount practices by fast-delivery companies, including Swiggy, indicate regulatory scrutiny, which could impact future growth strategies. Risk Factors: - High cash burn rate despite revenue growth - Intense competition with Zomato, Zepto and other players - Regulatory challenges in the quick commerce space - Market volatility affecting new-age tech stocks My Take: The technical setup suggests accumulation phase completion with potential for a significant move higher, supported by improving fundamentals in the core food delivery business, achieving profitability. Follow the Strict Trade Plan as Explained Above. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. 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 a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes 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.
NSE:SWIGGYLong
by Karanshah137
8
Honasa Consumer - Breakout Brewing After 6-Month Base Formation NSE:HONASA : Breakout Brewing After 6-Month Base Formation - Is This the Perfect Entry Point? After Q4 FY25 Results, Jefferies Adjusts Price Target to ₹400 From ₹320, Keeps at Buy. They target double-digit revenue growth on retail push, also eyeing Mamaearth revival, thus qualify for my Chart of the Week idea. Base Formation & Pattern Recognition: NSE:HONASA has carved out a compelling 6-month consolidation base between November 2024 and May 2025, with the stock oscillating between ₹197-280 range. This extended sideways movement represents a classic accumulation phase, where smart money has likely been building positions while retail investors remained on the sidelines. The most recent price action shows a powerful breakout above the ₹280 resistance level, accompanied by explosive volume expansion - a textbook technical setup that often precedes sustained upward moves. Key Technical Levels: Key Support Levels: - Primary Support: ₹280 (former resistance, now support) - Secondary Support: ₹240-250 (mid-range consolidation zone) - Major Support: ₹197 (base low and critical floor) Key Resistance Levels: - Immediate Resistance: ₹350-360 (psychological round number) - Next Target: ₹400 (measured move from base breakout) - Long-term Target: ₹472 (0.786 Fibonacci extension visible on chart) Volume Analysis: The standout feature is the dramatic volume surge accompanying today's breakout - nearly 5x the average weekly volume at 26.41M shares. This volume expansion validates the breakout and suggests institutional participation rather than retail-driven momentum. The volume pattern during the 6-month base shows periodic spikes at key support levels, indicating accumulation by informed participants during weakness. Technical Pattern: The chart displays a Rectangle/Trading Range pattern that has resolved to the upside. The measured move target from this pattern projects to approximately ₹400, representing the height of the rectangle (₹280-₹197 = ₹83) added to the breakout point. Trade Setup: Setup Type: Breakout Play with Volume Confirmation Entry Strategy: - Aggressive Entry: ₹325-330 (current levels on any minor pullback) - Conservative Entry: ₹285-290 (on retest of breakout level) Position Sizing: Use 1-2% portfolio risk given the setup quality Exit Strategy: - Target 1: ₹360 (9-10% upside) - Book 30% position - Target 2: ₹400 (20% + upside) - Book another 40% position - Target 3: ₹450-470 (35-40% upside) - Ride remaining position Stop Loss: - Tight Stop: ₹310 (6% downside protection) - Wider Stop: ₹275 (below breakout level for swing traders) Risk Assessment: Bullish Factors: - Clean 6-month base formation - Volume-confirmed breakout - Multiple support levels established - Strong sector tailwinds in the consumer space Risk Factors: - Broader market volatility could impact momentum - Profit-booking likely near psychological levels - Need to hold above ₹280 to maintain bullish structure Bottom Line: Honasa Consumer presents a high-probability technical setup with the stock breaking out of a well-defined 6-month accumulation base on strong volume. The risk-reward profile favours the bulls, with clearly defined support levels for stop placement and multiple upside targets for profit-taking. The key now is whether the stock can sustain above the ₹280 breakout level and continue its march toward the ₹350-400 zone. Any pullback to the ₹285-290 area would offer an attractive secondary entry point for those who missed the initial breakout. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. 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 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.
NSE:HONASALong
by Karanshah137
6
Thomas Cook - Early Trend Reversal SignalsNSE:THOMASCOOK Made Beautiful Chart Structure today Before Q4 Results with Good Price and Volume action. Price Action and Base Formation Analysis: Consolidation Base: The stock has formed a critical consolidation base in the ₹130-140 zone: 1. Base Characteristics: - Horizontal support zone marked in green - Multiple tests of this zone (4-5 clear touch points) - Tight price compression indicates potential energy buildup 2. Breakout Dynamics: - Today's 13.91% surge represents a decisive breakout from the consolidation zone - Penetration above ₹140 with strong momentum suggests a potential trend change - The red arrow indicates the resistance level that might be overcome. Volume Analysis: Volume provides crucial insights into the price action: - Today's volume at 2.46M shares is more than 2x the 20-day average - Significant volume spikes are visible in February and March - Recent volume pattern shows increasing participation - Volume expansion coincides with today's breakout, confirming buying interest Support and Resistance Levels: Key Resistance Levels: 1. Immediate Resistance: ₹148-150 (recent swing high) 2. Major Resistance: ₹160-165 (previous structural resistance) 3. Psychological Resistance: ₹150 (round number) Key Support Levels: 1. New Support: ₹130-140 (previous consolidation zone) 2. Secondary Support: ₹125 (lower boundary of recent base) 3. Strong Support: ₹118-120 (52-week low area) Technical Pattern: Several important patterns are evident: 1. Accumulation Base: The ₹130-140 zone represents a classic accumulation pattern - Tight trading range - Multiple support tests - Decreasing volatility 2. Trend Reversal Signals: - Higher lows forming since February - Decreasing downward momentum - Breakout with strong volume My Take: The combination of: - Decisive breakout from a multi-month base - Substantial volume confirmation - Clear momentum shift Suggests NSE:THOMASCOOK could be transitioning to a bullish trend Post Q4. Price Projection: 1. Near-term Target: ₹160-165 2. Intermediate Target: ₹180-190 3. Long-term Potential: Retest of previous highs near ₹200 Critical Watch Points: - Ability to sustain above ₹140 - Volume confirmation in subsequent sessions - Holding the breakout without immediate retracement Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. 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 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.
NSE:THOMASCOOKLong
by Karanshah137
6
Knowledge Marine & Engineering WorksThe long-term financing plan for the maritime industry was presented by Union Finance Minister Nirmala Sitharaman on February 1, 2025. As informed, the Government of India will contribute up to 49 percent to the fund, with the private sector, port authorities, financial institutions and other government entities covering the remainder of the sum. The financial assistance will be provided via equity or debt securities, according to the government. Objectives of the new fund are: Development of new and modernization of existing ports; Financial aid for green shipping initiatives; Investments in ship repair facilities to make India a global shipping hub; Encouragement of technological innovation in maritime logistics & fleet efficiency. As per the government, the MDF is primarily intended for financing ship acquisitions, in line with the country’s strategy to increase the share of Indian-flagged vessels to 20% by 2047. What is more, the enriched domestic fleet would reduce dependency on foreign ships and improve the balance of payments, contributing to India’s strategic interests. The Union Budget also provided a ‘shot in the arm’ to India’s domestic shipbuilding industry after it announced new mega shipbuilding clusters in the country in an effort to increase the range, categories, and capacity of ships. The proposed allocation of ₹6,100 crore ($700 million) aims to support India’s existing shipyards in upgrading, modernizing, and automating their operations, enhancing efficiency, utilization, and overall output. Furthermore, the Union Budget has extended the Shipbuilding Financial Assistance Policy (SBFAP) 2.0, aimed at providing direct financial subsidies to Indian shipyards. This initiative seeks to help in securing orders by offsetting operational cost disadvantages, thereby strengthening the domestic shipbuilding industry. “It is reassuring to see that the budgetary initiatives for India’s marine sector are focused on unlocking its vast potential and enhancing existing assets through upgrades, modernisation, and automation. A key highlight is our ministry’s development of new shipbuilding clusters of 1.0 to 1.2 Million Gross Tonnage (GT) each,” Sarbananda Sonowal, The Union Minister of Ports, Shipping & Waterways, commented. “This strategic push is crucial in realising India’s vision of becoming a $30 trillion economy by 2047. By leveraging the Public-Private Partnership (PPP) model, the scheme is designed to attract private investment, promote modernisation, and advance green technologies. These efforts will enhance India’s global competitiveness, drive sustainable growth, and solidify its position as a leading Global Maritime Hub.” Another innovative scheme announced in the budget is the shipbreaking credit note to promote the circular economy. This scheme incentivizes ship scrapping by issuing a credit note of 40% of the scrap value which can be reimbursed to buy new ‘Made in India’ ships. Finally, large ships will be now accounted as infrastructure assets, enabling easy access to long-term financing and tax incentives. This will help attract private investments in the maritime sector and enhance fleet modernization, according to the government.
NSE:KMEWLong
by CannySunny
Indian Bank - Crossing Swing High'sNSE:INDIANB is Crossing Swing Highs on Weekly Time Frame and Daily Time Frame with RSI and MACD Trending Upwards, it has seen consistent accumulation around 489-495 Levels. With the RBI rate cut and 1.16 times Book Value, it's Looking Good for a Swing Trade About: NSE:INDIANB is a medium-sized bank that was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. Trade Setup: Add Few and Buy on Dips if it holds this week's low Target(Take Profit): Ideally up to your Swing Apetite Levels and ATH Levels, of course. Stop Loss: If aiming for ATH, Current Week's Low, if aiming for More, keep 489-495 Levels in Mind. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. 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 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.
NSE:INDIANBLong
by Karanshah137
HDFC Bank - Swing Trade NSE:HDFCBANK is looking Super Strong on the Daily time frame after forming a perfect base today it broke out and closed significant levels with MACD and RSI Trending Upwards it Can retest its ATH Levels soon. About: NSE:HDFCBANK is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. As of April 2024, NSE:HDFCBANK has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges. It is India's one of 3 systemically important banks with a 15% market share in the banking sector’s advances and a 37% market share in the private sector banks’ advances as of FY24. F&O Activity: Short's Getting Covered in Futures with decreasing OI with 1740 CE OI covering Significantly. Trade Setup: Buy on Dips if Possible Near Base Levels or Start with a Few Qty to see the momentum if continues further Sharply or Consolidates. Target(Take Profit): Ideally around ATH Levels near 1860 to 1880 Levels Stop Loss: Entry Candle Low for Swing Traders and Swing Low Base Formed as Mentioned for Positional and Buy on Dips Traders. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. 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.
NSE:HDFCBANKLong
by Karanshah137
IEX Bullish Base Formed NSE:IEX today gave a good up move, confirming the recent base as a strong bullish base, recently it posted its monthly volumes in Jan up 16% YoY. About: NSE:IEX provides an automated platform and infrastructure for trading electricity units for the physical delivery of electricity. F&O Activity: Long Buildup in Futures with 180 PE Gaining Significant OI. Trade Setup: Looks like a good 1:1 trade setup with the recent base as a strong support zone, RSI and MACD trending upwards. Target(Take Profit): Around 206 Levels for Swing & Positional Trader. Stop Loss: Entry Candle Low for Swing Trader and Recent Base for Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below 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.
NSE:IEXLong
by Karanshah137
Chola Fin. Formed Short Term BaseNSE:CHOLAFIN made a short-term base of 1168-1185 and is near its BO Levels of 1343.15 with RSI and MACD Trending Upwards. About: NSE:CHOLAFIN is one of India's premier diversified non-banking finance companies, engaged in providing vehicle finance, home loans and loans against property. F&O Activity: Significant Long Buildup With 1300 CE OI Significantly Decreased. Trade Setup: It looks like a good 1:1 Trade with the Recent Base as a Stop Loss for a Swing Trade after it Crosses Key Levels of 1343.15. Target(Take Profit): Around 1507 Levels for Swing & Positional Traders Stop Loss: The base of Channel 1168 for Positional Traders and Entry Candle Low for Swing Traders. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below 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.
NSE:CHOLAFINLong
by Karanshah137
MAZDOCK - Ready for the next moveThe stock has been a market favorite. Technically it has cooled down owing to the Wave analysis which every stock goes through. Overall the Stock is in Stage 2. The stock is now gearing up to give Range Breakout. On the Fundamental side: - Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 24.14% - Healthy long term growth as Net Sales has grown by an annual rate of 24.97% and Operating profit at 94.40% - Company has a low Debt to Equity ratio (avg) at 0 times - The company has declared Positive results for the last 8 consecutive quarters - NET SALES(9M) At Rs 8,217.50 cr has Grown at 35.18 % - ROCE(HY) Highest at 44.63 % - INVENTORY TURNOVER RATIO(HY) Highest at 2.19 times - Increasing Participation by Institutional Investors. Institutional investors have increased their stake by 0.56% over the previous quarter and collectively hold 3.02% of the company.
NSE:MAZDOCKLong
by CannySunny
4
Redington Bounced from a Long Term Base With MACD +veNSE:REDINGTON today confirmed a Strong Base Formation after closing above major Levels RSI Showing Bullish Momentum and MACD turned Positive Today With Good Volumes. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels. Target(Take Profit): 234.25 Levels for Positional Trader. Stop-Loss: Around 198.58 For Swing Trade and Recent Base for Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes 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.
NSE:REDINGTONLong
by Karanshah137
Newgen in Blue Sky.NSE:NEWGEN showed a strong upmove today Crossed Key Levels and Hit an all-time high, with RSI bouncing back Sharply again. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade for Aggressive Swing Trader. For Postional Trade let it cool down a bit and then try to enter at swing low. Target(Take Profit): 1977 will be Levels for Swing/Positional Trader. Stop-Loss: Around 1534.15 For Swing Trade and Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes 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.
NSE:NEWGENLong
by Karanshah137
4
Minda Corp Breaking Major Levels after Bouncing from 200 DEMANSE:MINDACORP today broke major Levels with good Volumes and Made a Good Base near the demand zone near 200 DEMA, and RSI showing Bullishness. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels. Target(Take Profit): 631.50 Levels for Positional Trader. Stop-Loss: Around 504.95 For Swing Trade and Recent Base for Positional Trader. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes 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.
NSE:MINDACORPLong
by Karanshah137
SBI LIFE Looking Good Made A Good BaseNSE:SBILIFE is looking good. It has made a base around 1395-1338; today, it broke above major Levels. The RSI and MACD are Showing Strength. Results are Due in a few Days Watch Closely. F&O Activity: Short Covering Seen Today With PCR of 0.70 and 1400 PE as Strong Option Base. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels. Target(Take Profit): Around 200 DEMA For Swing Trade or 1660 Levels for Positional. Stop-Loss: Around 20 DEMA For Swing Trade Recent Base for Positional Trade. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes 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.
NSE:SBILIFELong
by Karanshah137
SBICARD - WILL IT RETEST ITS BREAKOUT OR NOT ?SBI Cards And Payment Services Ltd. an interesting chart with Harmonic Pattern under progress 1. Narrowing Bollinger Bands on Weekly chart and price started moving on upper band last week 2. Break out from base formation after 8-9 month's consolidation within 680 - 750 levels. 3. Daily and Weekly RSI above 60 4. Next minor resistance between 830-870 zones A chart to keen on radar and to watch Will it RETEST its breakout levels or Will it complete its pattern journey without any RETEST 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 buy on dips with my own Risk Reward matrix.
NSE:SBICARDLong
by purisonshuf
Mukand Ltd (Weekly Chart) : Breakout Candidate#BreakoutCandidate #breakoutsoon #mukandltd #stocksinfocus #stocktotrade #stocktobuy #Mukandltd : Weekly Chart >> VCP formation on the Verge of Breakout >> Good Trending setup on Weekly TF >> Consolidation Range Breakout + Base Formation + Ready for Another Breakout >> Good Strength in Stock & Good Volume Buildup Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions. Disc : Charts/Stocks Mentioned r 4 Learning Purpose & not 4 Trade
NSE:MUKANDLTDLong
by moneyfesttrading
Base formation is seen in Ideaforge.Reversal trade for educational purposes Ideaforge has been in a downtrend since its listing. However, stock has formed a short term base. 780-840 is a good accumulation zone. Breakout above 840 might be a sign for reversal. RSI positive divergence is clearlyseen in the stock Targets can 960, 1000, 1050+ with SL below 780 DCB. However, there is no guarantee regarding long term reversal hence traders should trail their SL to reduce loss.
NSE:IDEAFORGELong
by chartistamey