Bseindia
BSE ATH Breakout setupUpdated chart of BSE
Swing trade can be initiated for quick targets of 1436 and 1550
Long-term targets are 1436/1550/1875/2404/3000.
Swing Trade setup in BSEAfter massive rally from 960 to 1400+, MCX retraced and took support from 50EMA and now again looking strong to test it all time high.
Clearly seen in charts can buy above 1294 for short term targets of 1370-1400.
Buy MCX if sustain above 1294,
Targets 1370-1400
VCP pattern formation one of the strongest and accurate patternsAccumulation zone breakout is 1301
above that, it can go 40-50% return
Volatility contraction pattern
Vikram Thermo- A bottom fishingVikram Thermo a microcap company is currently taking support and has a triangle formation in its chart. A buy can be considered now or after breaking the trendline.
The RSI is also looking for a breakout.
Risk-Reward Ratio is on the lower side with this setup. Strict SL at closing below 187 .
let's see what happensSWING trade
stock CONSOLIDATING
EITHER SIDE IT BREAKS WE CAN TAKE ENTRY
FOR UPSIDE :)
711 CLOSING above on 1HR candle
For DOWNSIDE :(
IHR CLOSING below 692
NTPC National Thermal Power Corp --> Long NTPC has broken out of long time downtrend VERY STRONGLY!
Quite a defensive stock. NSE:NTPC
Good time to go long. Analysis on 1D timeframe suggest around retest of 128 to Consolidate and BUY.
Risk within your apetite only!
BSE INDIA - BULLISHVCP breakout
Volumes look good
Can add some here and some at lower levels
Remains bullish till 1125 not taken out
TATA STEEL --> Swing ShortNot to Predict future here, but it seems like a good setup for H&S, Retest and Fall.
Technically Graph Seems performing well. and it respects Fibo levels to the appx.
Entering a short around 1380 with timeline for next month expiry seems an Opportunity!
Always Risk within your appetite only!
banknifty upcoming possible movement Symmetrical triangle formation in banknifty.
Can give a good move if breaking either side.
TATA MOTORS --> Swing LONGSwing Trade setup for small term, probably outlook for a week or two.
Risk always within your apetite only!
BSE pattern for movementBSE is within triangle pattern, buy near lower trendline, once upper trendline broken, it can move higher
indigo remedies BSE = bullish NSE:INDOCO
it is on the moving average 44 and also showing W pattern both are indicates bullishness
bsewait for ih&s breakout..............................................................................
Zee Entertainment --> LONGZee entertainment has made a CUP n Handle (Yet to breakout). Also at bottom of Major Up-trending Channel.
Technical Breakout is nearby. Possibly Upwards let it retest and BUY.
Short Interval target would be 290. or upto 320.
Fundamentally the company has reduced Debt. and is still held by a lot of Major Portfolios.
For e.g. We did watch in past months , due to bull Run LIC Cash-IN on several of its Portfolio stocks. its still holding ZEEL. suggesting it sees a opportunity and this stock is undervalued.
Risk always within your apetite only!
#BSERealty rally for a 10 year Break-outAs we can see from the monthly chart of #BSERealty, it is creating a cup pattern and is projected to break a 10-year breakout by periodically breaking each level. All levels are resistant until they are broken, at which point they become support. Below are the levels
Level 1: 2861.17 (Done & Current Support)
Level 2: 3647.10 (Current Target and Resistance)
Level 3: 4099.60
Level 4: 4837.89 (Final Breakout)
Target 2 (77%) achieved in BSE. Target 3 is ON...This is follow-up on BSE . Can check link to related ideas.
Target 2 achieved. More than 77%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GAIL (Gas Authority India Ltd) --> Long GAIL is an uptrend currently near bottom of Elliot wave. Technically looks strong for an upward move upto 175
Strong Support around 145 would also let some time to kool off RSI OverBought for Jump seen during Results.
Fundamentally, GAIL has 85% of its revenue for Natural Gas Trading and Transmission/Distribution.
With Natural Gas making higher highs of above 4$, GAIL could see good profits for July and August.
Be wary of Natty reversing back around September / Ending Summer in US Zone.
Always Risk within YOUR apetite only!
India bull housing finance buy India bull housing finance
Buy for 313
26.07.2021
CMP 284
Technical :
1. Showing rounding bottom pattern.
(A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several months and is deemed by many traders as a rare occurrence)
2. Above 8-20-50 -200 EMA 1D time frame
3. MACD crossover
4. RSI 60
5. Support 257
fundamental & news
1. Rakesh Jhunjhunwala picked 2.2% stake in Indiabulls Housing Finance in June quarter 2021
2. On June 29, Indiabulls Housing Finance's board of directors approved fund raising of Rs 5,000 crore on private placement basis, and another $275 million by issuing equity shares or other instruments
3. In June, Blackrock Funds had acquired additional over 25 lakh equity shares in the housing finance company on June 11, taking the total stake to over 3 percent in the company
4. Indiabulls Housing Finance reported a 102 per cent increase in its net profit to ₹276 crore for the quarter ended March 31, 2021 as against ₹137 crore in the same period in the previous fiscal.
5. However, for 2020-21, its net profit fell to ₹1,201.5 crore from ₹2,165.92 crore in 2019-20
6. Its loan book also fell to ₹66,047 crore in the fourth quarter last fiscal from ₹73,065 crore a year ago.
