Bullishpattern
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
GVFILMS - Pole and Flag patternGVFILMS - Pole and Flag pattern
Check out the latest chart on $GVFILMS! 📊 The stock is currently forming a classic Pole and Flag pattern—a strong continuation signal that traders love. After a sharp upward move (the pole), the price has been consolidating within a tight range (the flag), indicating potential for another breakout! 🚀 Keep an eye on this setup as it could signal a powerful upward move if the breakout confirms. This could be an exciting opportunity for those looking to ride the next wave. Let’s see how it plays out—follow along for more updates!
#Trading #TechnicalAnalysis #StockMarket
Weekly Market Forecast: Nifty & Bank Nifty Set for Major Moves!Nifty and Bank Nifty are poised for a strong upside move if they break their respective resistance.
Nifty Resistance : 25300 - 25500 , Above this should open doors for 25800-26200 levels soon!!
If Nifty does not clear 25500 then it will be considered as double top pattern.
Currently Nifty is also showing negative divergence in daily chart.
Bank Nifty has given a trendline breakout, looking for a strong movement above its resistance zone 51400 -51700, above this it will try and test previous ATH levels.
if fails then should see 50990-50500 levels again.
NIFTY... ELLIOT WAVE COUNTING... BULL TREND STILL INTACT!The 5th primary Elliott Wave, which began after the decline following the election results, is continuing its upward movement towards the 26,000 mark. The secondary waves 1 to 4 (within the primary wave 5) have already been completed, and wave 5 is expected to resume its upward trend soon.
This progression can be clearly seen in the chart. I am optimistic about seeing the Nifty reach 26,000 this year.
Remember, the market is supreme, so trade cautiously.
Ask auto; Take a look; min 25% Roi; short term; Huge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "381"
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If you are interested in investment now, go for it with proper risk,
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Overall "Ask Automotive" fundamentally good stock.
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Enter after retracement above
"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.