DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Hi Folks, Metrobrand has shown very high delivery in overall day volumes. It has gone through a healthy correction of 50% of last leg of impulse. Stock has absorbed selling pressure, albeit with low volumes with high liquidity. Currently, price has broken out the falling wedge and RSI has shooted up to corroborate the strength of this up move. Constant weekly...
Date - 5th April 2024 Time - 11:15 Am As We can see, Indus Tower one of good movers in recent time and gave breakout on weekly and Monthly TF. Little late to post this idea but still Indus Tower is showing good movement on daily basis even when nifty is moderate. Actual good entry was at 250 Rs . when its retest blue line shown in chart but still, I am...
RK forge going to be RocKing forge Looks good in Parabolic uptrend pattern. Time Frame Monthly. On closing above 813+ in monthly chart makes it more bullish and can rally to Tgt 1 : 1298± Tgt 2 : 1500± Shared it for EDUCATIONAL purpose based on chart pattern and My STUDY. Do your analysis from your side too. This is not a BUY or SELL RECOMMENDATION from my side.
Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more...
Swing setup (VCP) found on a weekly and monthly chart, stock near to the breakout, Macd shows positive for bull run. May give 2x returns in upcoming weeks or months.
Bullish head and shoulder formed in Yes bank and waiting for closing above the neckline, once we get positive closing above the neckline then we are expecting the good move in upside in upcoming days. Thank You Arvind Yadav, Cfa Arvind Share Academy
Lemerite breakout done can look for 120 from here or wait for retest of 80 levels with strict sl
InfoBeans Technologies: Potential Swing Trade for Long-Term Gains (6-8 Months) InfoBeans Technologies Ltd. (NSE: INFOBEAN) appears to have broken out on the weekly timeframe, indicating a possible shift in momentum and increased investor interest. This could present a swing trading opportunity for those willing to hold for a 6-8 month timeframe. Remember,...
Head and shoulder pattern With rsi above 60 Stock is above all key Ema Potential bullish move. Plan of action - let it sustain above is resistance and plan @ entry 4950 after stock closes above resistance and retest Target - 5400 Sl- close below 4574 (50 Ema).
Attention all chart junkies and market maniacs! If you thought the only thing in India that could surge this dramatically was the summer heat, think again! India Nippon Electricals is here to prove that stocks can be hotter than a forgotten chapati on the tawa. Price Action Analysis: 📈 Current Price: ₹792.20 (more electrifying than your neighbor's DIY wiring...
Price touched a new high & fell to retracement/retest level 0.23% & on Wednesday made a green candle but with a wick at top a indication of reversal price took support from 20 DEMA & On 10-4-2024 10-DEMA support taken & on day time frame on line chart you can see stock forming a "INVERTED HEAD & SHOULDERS" pattern & confirmation on 771.80 above price sustains,...
Wipro had a strong resistance of 450 which broke and is now acting as a support. Since Nifty IT is looking bullish, we can expect a reversal in this stock. An amazing investment stock available at a very good price.
SKFIndia After consolidating for 1 yr and bounce from previous year low it has started new and final journey towards the bull run which was started after covid.
"JSW Energy Nearing Breakout: RSI Rising (58.36) and Positive MACD - Await Breakout Candle with Volume" Plan of action - Buy above 660 ( proper closing ) Target 740-800 Sl 630 Wait for the volumes to come with a big fatgreen breakout candle.
Fundamentally good stock, Good For short term investment in cash market'. Leave a " Like If you agree " .👍 . . Entry: 110 / 105 target: 115- 125- 150 - 195 sl: 95 major stoploss / support: 90 . . Enter only after breaking & close above " Yellow box" mentioned. ' ' Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency💹 Refer our old...
I'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations. Today I discovered JKPAPER, which has experienced a breakout in the Weekly chart. Additionally, I noticed that it is currently in its 5th wave, which is an impulse wave. Considering the wave structure and the strong performance of consumption-based stocks , I predict a...
ELGIEQUIP - Ready for the next swing with an upside potential of 20% in the next few weeks. The stock has been trading in the channel for the last 4+ years, with a steady upside trend. The stock is also backed with good fundamentals and overall at a good spot to leverage for a nice swing trade.