Bullishpattern
"EMUDHRA LTD"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, On hourly basis price in a 100 points range & immediate resistance at top so let it break once; so for tomorrow i.e. Friday 12/4/2024 if price sustains above 746 then 757-763.55 tgt level can be seen, if price goes below 734 then can fall to another 10-15points or can till 720.45 level or if more weakens then can fall till 713.50.
Small Note: on 15min time frame plot 9&50 dema you'll see then 9 ema crossed 50 ema from below price moved up so same thing done it will fail if price goes below 735 level.
NOTE: I'm analyzing the stock for first time, so if there's a mistake or levels doesn't meet or gap up or gap down scenario then wait for at least 30 mins before taking any trade.
DISCLAIMER : I'm not a SEBI registered analyst/financial advisor & the above analysis is for educational purpose to give a small idea about stock & its move so before taking any position/trade please consult with your Financial advisor.
Biocon ready to fly; 25% Return; short term investmentHuge potential is there.
For short term investment ;
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Wait for small retracement & daily candle to close above - "355"
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If you are interested in investment now, go for it with proper risk,
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Overall " biocon" fundamentally good stock.
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Enter after market Breaks
"Yellow box" mentioned.
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Wait for proper reversal and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.
MOL reedy to shoot u; Min 40% roi; short term; investmentFundamentally good stock,
Good For short term investment in cash market'.
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Entry: 107 / 95
target: 113- 120- 130 - 150
sl: 95
major stoploss / support: 90
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.Try wait for Weekly candle close.
If you are intrested to invest now " go for it with proper SL"
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Enter only after breaking & close above " Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer old ideas attached below
BLACKROSE LTD LONG
Blackrose trend break with huge volume. I marked the chart for stop loss and target. However, you can also consider placing a stop loss below the marked point if you're comfortable with a wider stop loss.
Remember:
"Swing trading is not a sprint, it's a marathon. Patience is the key to winning the game."
JKCEMENT looks bullishHere's a detailed look at JK Cement's chart that caught my eye.
1. Resistance Zone: The stock faced strong resistance around ₹4,500, with multiple rejections at this level over the past few months. This was a tough barrier to crack!
2. Higher Highs and Higher Lows: The trend has been bullish, with a clear formation of higher highs and higher lows, signaling strength in the uptrend.
3. Support Level: We see solid support around ₹3,624, where buyers have consistently stepped in to push the price back up.
4. Inverted Head & Shoulders Pattern: A textbook inverted head and shoulders pattern has formed near the support level. This is typically a bullish reversal pattern, and it's exciting to see it play out here!
5. Breakout Alert: The stock has broken out of the neckline of the inverted head and shoulders pattern, moving above the previous resistance level. This breakout is a strong buy signal, pointing to potential further gains.
6. Trade Setup: I've got my eyes on this one. Entry on the breakout, with a stop-loss just below the support level, and a target way above, giving this trade a fantastic risk-to-reward ratio.
This is a classic setup for those who love technical analysis! Let’s see how this plays out.
Do your own analysis before investing!
GEEKAYWIRE - Breakout and retest GEEKAYWIRE - Breakout and retest observed in Geekay Wires, the breakout was with good volumes.
This stock has excellent fundamentals and a classic compounder chart patterns. The company has been a very good performer with very impressive clientele.
This can be both a swing and long term option.
Note: These views are personal and for educational purpose. Please conduct your own research when investing.
HATSUN looks bullishHatsun previously formed an uptrend pattern, followed by a pullback or correction. If we look closely at this pullback, we'll notice that a minor downtrend has converted into an uptrend, or we could say, an inverted head and shoulders pattern, which is a bullish indicator. The breakout above the top of the right shoulder also confirms that buyers are genuinely interested in this stock. So, in my opinion, this stock looks very bullish. Please do your own research before investing.
FYI, this company makes our favorite Arun Ice-cream :)
DivisLab- Bullish Swing-Will this be a new All time high? NSE:DIVISLAB
28.08.2024
Buy-5090
Target-5374
Stop Loss-4815
Risk Reward- 1:1
1.Inside bar breakout
2.Trend- Very good uptrend
3.Price has bounced from support level & broke previous resistance
4.Volume- Very good volumes found in bullish side
5. EMA- Rejection from 50 EMA and price above 21 EMA
6. Pharma sector is in rocket mode
CYIENT LTD READY FOR A BLAST!NSE:CYIENT
Cyient Ltd Analysis:
Current Market Price (CMP): 2005
The stock is forming a Darvas Box pattern, indicating a potential breakout. A move above 2056 could trigger further upside momentum.
Buy Range: 2000-2050
Upside Targets: 2189, 2200, 2400
Support Level: 1944
Watch for a breakout above 2056, with potential upside targets ahead. Support is at 1944 for downside protection.
Disclaimer: This analysis is for educational purposes only. Conduct your own research before trading.
Kotak Support zone buy in cheap price 1st Entry: 1400
2nd SIP : 1200
3rd SIP : 1000
Emergency tip : You should not buy to the dip. If 1000 level broken 💔 . It may crash tho.
Description with Logic :- Kotak Mahindra bank is a very good company. With fundamental and price behaviour combined analysis described it as Uptrend Rally and it has to be retracted (when in downtrend in future time) to support level 1400 and 1200 and 1000 . You may SIP while market will going down. Today the Cmp of stock is 1700 approx , it may reduce atleast 30% that is 1200 or lower. To prevent BUBBLE MARKET .
KPIT Tech: Is This High-Conviction Pattern Set to Deliver?This is purely a technical play in NSE:KPITTECH
The chart is showing a high-conviction inverse head and shoulders pattern, suggesting a potential bullish reversal. A volume breakout and close on a lower timeframe above 1882 could provide a solid entry point.
For this trade one can maintain a strict stop loss of 1790. The targets to aim for are 2054 and 2105, which align with the expected move from this setup .
This is a short-term trade idea, but monitor price action and volume for confirmation of the breakout. Additionally, consider any other technical indicators or tools that could further validate this setup.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risks and is not suitable for everyone. Always conduct your own research and consult with a financial advisor before making any investment decisions. The author is not responsible for any losses incurred.
RCF - Forming Bullish Head and Shoulder Chart PatternRCF is forming bullish head and shoulder chart pattern, waiting for upside breakout!
Once breakout given we will update how to trade Head and Shoulder chart pattern and most of you know how to trade.
Thank You
Arvind Yadav, Cfa
Arvind Share Academy