BSE Limited - monster movePurchased exactly on Breakout at 1015..
Logic was Movement in CDSL..
It achieved first target in less than 5 days..
will try to add the sold qty on retest .. SL modified at cost now
BSE
CNXCOMMODITY:DXYIn correlation flow breakdown watch: CNXCOMMODITY vs U.S. Dollar Index . With dollar near support levels possibilities of bouncing off may also force commodities to take a breather.
NASDAQ:VIXSometimes I feel like I'm standing on the Titanic screaming "iceberg" while everyone keeps on dancing on the deck below.
[SHORT TERM] BUY BSEThe stock is on the verge of breaking its previous high and looks good to buy for a 6-12% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ARE INSTITUTIONAL INVESTORS INVOLVED IN THIS?Welcorp has seen a major rise in volume and witnessed highest volumne in the last 1.5 years, along with the rise in volume, the price is rising significantly, and that is what indicates involvement of smart money, entering the trend chhannel it is supposed to give stunning returns.
BSE Flag BONSE:BSE
Expecting a retest of BO level
Buy around 1020-980
SL closing below 870
T 1110, 1190,1280, 1380
Breakout in BSE...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
BANK OF BARODA - TECHNICAL ANALYSISBANK OF BARODA
NSE:BANKBARODA
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise ( SME ) banking, rural banking, non-resident Indian (NRI) services and treasury services.
> This is a pure technical analysis idea backed by the banking theme.
> The stock has taken support at Rs .37 levels, it was there around for around 6 months May to Nov 20 then gave breakout. Now trading at Rs .81 levels and preparing for long runup with huge volume , accumulation in the stock can be seen since December 2020.
> Volume Moving Average line at the bottom (in yellow) is confirming the continuous increase in volume since consolidation.
> The stock has also crossed 100 and 200 DMAs very recently, strong upmove is around the corner.
> A lot of movement can be seen in almost all PSU banks.
> NIFTY PSU Bank index chart is in massive UPTREND. When entire sector is performing individual stocks are most likely to run along.
> I have selected PNB and BOB because of it's wonderful chart pattern.
> One more very important thing is that government is about to setup a BAD BANK. Which will help all PSU banks tremendously in cleaning their Balance Sheets, consequently valuations of these PSU banks will automatically improve.
What is BAD BANK?
A bad bank is a bank set up to buy the bad loans and other illiquid holdings of another financial institution. The entity holding significant nonperforming assets will sell these holdings to the bad bank at market price. By transferring such assets to the bad bank, the original institution may clear its balance sheet—although it will still be forced to take write-downs. This will help all PSU banks to get rid of their NPAs.
FRESH BUY - AT CMP 81
OLD BUY - HOLD
TARGET 1 - 160 (+100% aprx)
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Happy Investing!
Team ShareMktSchool
IRCTC Weekly breakoutIrctc has given a fresh breakout on weekly candle 5-10% move can be expected in 1-2 weeks
S&P500Since May last year, S&P500 has tested 50-day 8 times -- all successfully. With investor sentiment elevated, but not forthy, another test likely is around the corner.
Simplex casting - Weekly Analysis Strong Buying Volumes - BulliSimplex casting - Weekly Analysis
Strong Buying Volumes - Bullish Marubozu - Demand zone + Bullish Bat Pattern
Volume Breakout + Price breakout
Cmp 19 buy Add some more if get @ 13-9 rs range SL as per u r Comfort
Target 30-40-55- 67- 79-89-100-120+
Investment Stock - holding period - 3-5 years
Buying small qty.
LIC HOUSING FINANCETAKING SUPPORT AT A FIBO LEVEL. THE REWARD TO RISK RATIO IS ATTRACTIVE AT THIS LEVEL. MAINTAIN A STOP LOSS OF 446 AND LOOK FOR TARGETS OF 480. BUY ONCE IT SHOWS SOME STRENGTH.
Reliance sell side continuation patternHello guys i had given reliance already and it is in good 100+ rs profit also who had not entered on that trade they have a good selling opportunity its making continuation pattern we have a good 100+ point move remaining in reliance we for who want to take small risk they can enter here with above pattern sl and big target below and who want to enter safe they can enter after pattern broken and guys plzz note there is no risk free return in stock market you have to take risk to grow your account but taking risk at right time and on right direction its really affect on our account and plzz do your own analysis before taking any trade on my chart i hope i cleared every thing to you if you have any question plzz comment below i will glad to answer of you comment and plzz like share and follow for more charts
Cup and handle pattern in bajaj auto bajaj auto is making symmetrical triangle pattern after making cup ,
it will give huge profit if it breakouts with good volume
GREENLAM, An interesting chart. By The_RedTickerOn the face of it, I could not find one bad point about this company....
Ashish Dhawan sir holds 5.65% stake in this comp...
There may be some negative biz triggers which are unknown to me.... but on charts its a fresh BO which makes it worth the risks.
Involves market risk. Do your due diligence...
*NISM Certified Research Analyst
FY21-22 Swing Trade Idea #108: Long on BSE This is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
BSE - Big Move AheadBSE listed sometime in 2017. It made a high of 1000 odd in July 2017 and entered a downtrend with the rest of the market. This down move ended with the stock making a low of 266 in March 2020 following which the stock showed a trend reversal and started moving up.
However, as we can clearly see on the chart, the stock has made a powerful inverse H&S pattern over multiple months with the head at 266 (March 2020 low) and the neckline at 550 odd.
The first real break of this neckline happened in early December 2020 after which the stock immediately made a high of 658 and once again retraced and retested the neckline in late March 2021. The sideways/down phase finally ended this week with the stock breaking its recent high of 658 and closing at a new 30 month weekly high of 701.9 with massive volumes.
The Stock is now in a clear uptrend and is a very good medium to long term investment.
Near term resistances exist at 730 (weekly high and trendline resistance) and 775 ( strong resistance level on the chart in 2018)
Longer term targets are the inverse H&S target of (552-266)+552 = 838 which is fairly close to the 2017/2018 support level of 855.
The stock may go much higher if it manages to close above its ATH in the future. BSE must be bought with a medium to long term view and longs can be held with a WCB stop loss of 643 below which our bullish view is invalidated.
