#ASHOKA trading above Resistance of 162 Next Resistance is at 196 Support is at 116 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Saregama India Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (January, 2022). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be It's previous Life Time High (550.60 - 15% from the price 478.35). Also It may perform well in the long...
Andhra Petrochemicals is a Monopolistic business, There is no plant like their, in Q4FY24 they gave a bumper results as well, along with Rs 2 Dividend (200% Dividend). A nice inverted H&S has been created and breakout is round the corner above 106 levels. Target is 170++ you can keep SL as 84 for the same.
I daily make educational content videos for swing / positional trading
Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Forming Rectangular Pattern in daily & Weekly TF. * From Jan 2024 to June 2024 Tested Resistance Many times. * It's Near resistance Zone and trying to breakout. * Rise in Volume. * If Stock break's resistance zone then we can see a move to 670 and if...
There are two main levels to watch one is S1-120.75 and the other is R1-131.55 And today the price has managed to close above the S1. Also keep in mind above 131.55 we will be in a positive trend and below this level we are in a negative zone. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
I daily make educational content videos for swing / positional trading
JCHAC - Gave a nice breakout in the weekly timeframe with a huge volume. The stock is looking very good technically and fundamentally. This breakout is more likely to be a genuine one as the price action before the breakout was mainly consolidation and accumulation, a good 1:2 RR can be considered.
Welspun Living , a company engaged in the home textiles and furnishings sector, presents a potential swing buying opportunity based on several technical factors. Reasons are listed below : The repeated testing of the 155-165 zone suggests the establishment of a robust support/resistance level. A potential breakout from this range could signify a notable market...
IOC has announced a Dividend of Rs.7/- i.e 4% at the CMP 1. Price is reversing from 0.618 levels in the weekly timeframe 2. Strong support (7yrs) at 149-156 levels and also 50EMA line. Do your own research and risk management. Disclaimer: Holding position in company
I make educational content videos for swing / positional trading
We are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.
A bullish hammer candle has been formed and given the breakout of the compression zone. Also the degree and nature of separation in both bands indicate the start of an uptrend but we need a confirmation candle. CMP-129.45 R1-131.55 S1-123.50 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#THERMAX trading above Resistance of 5218 Next Resistance is at 6256 Support is at 4367 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
#ASTRAMICRO trading above Resistance of 802 Next Resistance is at 1006 Support is at 626 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
#THERMAX trading above Resistance of 3916 Next Resistance is at 5218 Support is at 3428 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Breakout candidate , one its breakout from the trading range, we can see sharp upmove.
I daily make educational content videos for swing / positional trading