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Bouncing

UTI Showing signs of reversal. Add to your WL📊 Stock Analysis for UTI AMC 🔘Entry Levels: Initial Entry (Small Qty): ₹1,260 Fresh Entry: Above ₹1,405 (with a strong breakout and good volume) Stop Loss (SL): ₹1,133 (below the 200DMA and major support zone) Target Levels (T): T1: ₹1,405 T2: ₹1,721 Risk-to-Reward (R:R): From Initial Entry to T2: Approx. 1:2.6 From Fresh Entry (T1) to T2: Approx. 1:2 🔘Setup Overview The stock has consistently taken support at the 200 DMA, indicating strong demand at lower levels. It’s currently consolidating near the ₹1,260-₹1,400 zone, forming a potential breakout pattern. A breakout above ₹1,405 with high volume can lead to a new bullish rally. ⚠️Risk Considerations Below ₹1,133, the structure may turn bearish, invalidating the setup. Ensure the breakout above ₹1,405 is confirmed with strong volume and price action. 🔘Reasons for Risk Level The 200 DMA support provides a good risk management level. If the stock breaks down below ₹1,133, it could retest lower levels, indicating a potential trend reversal. ❗️Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult a financial advisor before making investment decisions. Trading in the stock market involves risk, and past performance is not indicative of future results.
NSE:UTIAMCLong
by sagartharayil
Zomato Bouncing from Support. Low Risk SetUp After hitting all our targets in the previous trade the stock pulled back deeply with the market correction. Now it is setting up again after a pullback. This is a risky proposition but the risk is below 8% and offers good Risk to Reward. Zomato Ltd - Technical Setup Analysis 📊 Entry Level: ₹244.45 Stop Loss (SL): ₹225.77 (-7.63% from entry 🚨) Target 1 (T1): ₹285.70 Target 2 (T2): ₹305.40 Risk-to-Reward Ratio (R:R) T1: 1:2 T2: 1:3 🔘Setup Overview The stock initially broke down below key levels but has now bounced back strongly from the 200-day moving average (DMA), closing above it with confidence. 📈 This suggests renewed buying momentum and potential for further upside. 🔘Support Zone: The bounce occurred at a strong support zone, aligning with the 200 DMA. ⚠️Market Risk: The broader market trend remains uncertain—this could either be the start of a bear market 🐻 or simply a bull market correction 🐂. 🔘Why This Trade is Low-Risk? The stop-loss is shallow and limits potential losses. If this is a bull market correction, the risk-to-reward ratio is highly favorable, making it a solid opportunity for swing traders. 🔘Key Considerations Monitor market trends closely for confirmation of the broader direction. Keep position sizing moderate due to overall market uncertainty. ❗️Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading in the stock market involves risks, and past performance is not indicative of future results. Always conduct your own research or consult a qualified financial advisor before making any trading or investment decisions. The analysis reflects personal views and is subject to change based on market conditions. Neither the author nor any associated entities are responsible for any losses incurred from decisions made based on this analysis.
NSE:ZOMATOLong
by sagartharayil
Ganesh Housing, a strong contender in this bearish Market🔘Ganesh Housing Corp Ltd (NSE: GANESHHOUC) 📈 Technical Setup The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength. Trade Details Entry: ₹1,368 Stop Loss (SL): ₹1,123 (-17.76%) Targets:T1: ₹1,507 (+10%) T2: ₹1,670 (+21.8%) 📊 Risk-to-Reward (R:R): ~1:1.23 Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better. 🔘Risk Considerations ⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL. ⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA. 🔘Key Financial Ratios Liquidity Ratios: Current Ratio: 2.52 Quick Ratio: 1.51 Profitability Ratios: Return on Equity (ROE): 41.6% ROCE: 41.6 Valuation Ratios: Price-to-Earnings (P/E) Ratio: 22.6 Price-to-Sales (P/S) Ratio: 7.68 📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
NSE:GANESHHOUCLong
by sagartharayil
Kaynes bouncing from channel support and 50 D #Kaynes Technology. Looks good for a Swing. Entry: Buy Small quantities in CMP(6547) Stop Loss (SL):Marked at ₹5,806.30, Target (T1): ₹7,697 ✅Channel Pattern: The price is moving within an ascending channel, respecting both the upper and lower trendlines. The recent pullback appears to have tested the lower trendline support, followed by a bounce. ✅The stock is trading above the 200-day moving average (yellow line), signifying a bullish long-term trend. ✅Stock Takes support at 50 DMA. Right now it is bouncing from channel support and 50 DMA. ✅A sharp green candle on strong volume indicates renewed buying interest at current levels. 📎Strategy: Buy at CMP in small quantities to reduce risk, as per the chart's suggestion. 📎Watch for:A strong close above the middle of the channel for confirmation of bullish momentum toward the target. Exit the trade if the price breaches the ₹5,806.30 stop-loss level. ⚠️Overall Trend is bearishI'm Not sure if this is the beginning of a bear market or a Bull Market Correction. So keep the positions limited. Do not go full-on. Keep your capital safe and manage the risk properly.
NSE:KAYNESLong
by sagartharayil
FSL taking support at Channel Bottom and Bouncing...Stock: Firstsource Solutions Ltd. 📎Chart Pattern: Ascending channel with a recent pullback. ✅Key Levels:Entry: ₹380.35 ✅Target (T1): ₹423.10 ✅Stop Loss (SL - Closing Basis): ₹344.70 📎 Observations: ✅Stock is consolidating within a rising channel and has bounced from its lower trendline. ✅The 50DMA(Green) and 200DMA(Yellow) are acting as strong supports, suggesting bullish momentum. ✅RSI and volume remain aligned with the uptrend. 📎Risk-Reward: It is favourable for swing and positional traders. Further additions above 423 would be possible if we get a clean breakout with volume. EveryPullback to 50/200 DMA is a buying opportunity. ⚠️Overall Market sentiments are weak and we are trading against the trend. Disclaimer: This analysis is for educational purposes only, not financial advice.
NSE:FSLLong
by sagartharayil