Bullishpattern
HDFC Bank | September Expiry | Option Hello friends,
Today i am posting #hdfcbank next month expiry trade.
Since last 2 weeks market is bearish so now it should hold for bound back or hold here because Hdfc is taking support near 1600 - 1680 around so it would be good chance to take trade on bullish side this week.
If it cross and close above 1600 then it will take good move up side. so keep this stock in your list and trade within your analysis on this stock.
I am going to buy 1600 Sept CE tomorrow to hold for long one or two week as per my bullish direction view but you must analysis your own and then take trade on your risk.
*It's not suggestion to any one but only my analysis view for this stock. Take risk by your own understanding.
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Genus Power Daily Flag BreakoutA Flag and Pole Breakout structure is visible on the daily chart of NSE:GENUSPOWER with very good voulme. Expecting it countnue its uptrend and may reach my target in very short span of time(my be within two weeks) Risk reward ration is also favourable. RSI on Daily and Weekly chart both are bullish.
------------------Entry@172
Exit@157(DCB)
---------------------------------Target1@187
----------------------------------------------------------Target2@202
------------------------------------------------------------------------------------Target3@217
xit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Riding the Bull with FLEXITUFF - BreakoutStock: NSE:FLEXITUFF
Timeframe: Daily chart
Current Price: 39
Breakout Level: ₹34
Trade Overview:
In this trade idea, we'll focus on FLEXITUFF International Limited, which has shown promising technical signals. The stock has broken out of a bullish wedge pattern, supported by a surge in volume, and it's trading above the 200 EMA (Exponential Moving Average). The confluence of these factors suggests a potential bullish move. A retest at the breakout level can offer an attractive entry point.
Trade Plan:
1. Entry Strategy:
Buy FLEXITUFF if the price convincingly breaks above the breakout level at ₹34 and then retraces to retest this level, confirming it as new support.
2. Stop-Loss:
Set the stop-loss at ₹25, allowing some room for price fluctuations while safeguarding against unexpected reversals.
3. Take-Profit Targets:
Set take-profit target 1 at ₹50, take-profit target 2 at ₹66, and take-profit target 3 at ₹80. These levels are derived from old support levels that may now act as resistance.
4. Risk Management:
Given the potential for substantial gains, manage your risk by allocating a reasonable percentage of your trading capital (e.g., 1-2%).
As the trade progresses in your favor, consider trailing your stop-loss to lock in profits and protect against reversals.
5. Additional Considerations:
Monitor the broader market conditions and the stock's sector for a better understanding of the overall sentiment.
Stay updated on any company-specific news or events that could impact FLEXITUFF's performance.
Be prepared for potential resistance at the old support levels, as they may act as hurdles to the stock's upward movement.
Example:
Suppose FLEXITUFF's price breaks above ₹34, confirms support at this level, and you enter a long position at ₹34. You set a stop-loss at ₹25. Your take-profit targets are placed at ₹50, ₹66, and ₹80, aiming to capture potential gains from the stock's upward momentum.
Please remember that trading involves risk, and market conditions can change rapidly. The scenario described here is based on hypothetical data, and actual market outcomes may differ. Perform thorough research, consult multiple sources of information, and make informed decisions based on your analysis and risk tolerance.
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Note: This trade idea is for educational purposes only and should not be considered financial advice. Always perform your own research and consider consulting with a financial professional before making trading decisions.
Wipro Consolidation Phase Conditional BuyThe stock has been consolidating for a while and the RSI is moving up on a weekly time frame
If you look at the Support levels its hovering around 200day EMA
Aim for Buying either breaking out of the box range or retesting those levels again
Target 1 520
Target 2 626
Stop Loss 350s
CENTRAL BANK OF INDIA DAILY BREAKOUTCENTRAL BANK OF INDIA DAILY BREAKOUT
:: Data Point ::
Breakout Lavel @33.00
1st Target Level @36.00 (April 2019 Resistance)
2nd Target Level @40.00 (Last year High)
Stoploss Level @29.50 (Swing Low)
This is a CUP & HANDLE Pattern. If its sustain above @33.00 then go for LONG.
Bullish Flog & Pole B/O on DTF in ICILFriends, as our markets have given a positive breakout and closed above the previous life high on weekly closing basis. Therefore I am expecting this bullisness to continue for the comming months and thus we can see a good appriciation in the Midcap and Samallcap Stocks going ahead.
Presenting a Fresh bullish Flag and Pole Breakout on Daily TF with good volume. One can create a fresh postion in the scrip at 206.95 with a stop loss of Rs. 193 for a target of Rs 242. Exit the position if the stop lss triggered on daily closing basis.
The risk reward ratio for the trade is 1:2.5.
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
Buy Jubiliant IngreviaNSE:JUBLINGREA is consolidating within a broader range of rs 80. and currently it consolidation in the lower range. One can buy the scrip at Rs. 414 with a stop loss of Rs. 385 on daily closing basis for a target of Rs. 485
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
AMBER AMBER :- The stock has given a breakout after 1 year, if the breakout sustains, we may see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NATURALGASHi, in this chart i drew a good Deamand and Supply level for Short and Long Positions in NATURALGAS...please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Tata Consumer Product LTD Looks stock being ready to break out soon. Its already bullish stock and consolidate zone.
- building strong buy
- above 200 EMA
- RS is positive
#tataconsumerproducts should be in my watch list now and build position for long / short term.
Either can take entry at 840 or 830
Profit and SL can in mind as per your mindset.
*Note: i am just posting my analysis for stocks but not suggestions to anyone. Not a recommendations.
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MPHASISMPHASIS:- The stock is moving under the Darvas box, if we get an upside breakout, we may see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HEIDELBERG
HEIDELBERG :- If the stock gives a breakout of 190 level then we can see an upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
COCHINSHIPCOCHINSHIP:- Stock has formed head and shoulders pattern, wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BOMDYEINGBOMDYEING:- Breakout is going to give after 4 years, wait for breakout and plan something only after that.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
ORIENTALTL At Major support levels.Orientaltl was holding major weekly support.
making "w" pattern at support zone with volume support.
we can enter after sustained above last week high.
target would be 100% from here.
only for educational purpose.not any advise or calls.
do your own research befor any trade.