SUMICHEM - Bullish Swing ReversalNSE: SUMICHEM is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Bullishreversal
STARCEMENT - Bullish Swing ReversalNSE: STARCEMENT is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
MANAPPURAM - Bullish Swing ReversalNSE: MANAPPURAM is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
RAMCOCEM - Bullish Swing ReversalNSE: RBLBANK is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BLUESTARCO - Bullish Swing ReversalNSE: BLUESTARCO is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CDSL - Bullish Swing ReversalNSE: CDSL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
BDL - Bullish Swing ReversalNSE: BDL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 16% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
DEEPAKNTR - Bullish Swing ReversalNSE: DEEPAKNTR is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
SPIC - Bullish Swing ReversalNSE: SPIC is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 14% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
CHEMPLASTS - Bullish Swing Reversal with VolumesNSE: CHEMPLASTS is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Morning Mantra - 2nd May 2023Dear All,
A New Start of the Month with a New and Fresh Bullish Reversal Pattern on the Monthly Chart of Nifty, i.e., Morning Star Doji, is somehow indicating that Nifty can cross the previous all time high of 18887.60 in the upcoming days.
On observing the day chart, Nifty has successfully crossed its neckline of 17800 level. While on the Weekly chart , we can say that this breakout of above 17800 level can now lead Market to 18200 level.
Furthermore, as per the Exclusive analysis we can observe that most of the stocks are now having a positive chart setup . So altogether we can say that there’s a positive sentiment in the Market, as of now.
Overall, there’s a big thumbs up for Fresh Investment , subject to your risk appetite.
Keep Investing !
Happy Trading!
Regards ,
Alok Daiya
SEBI Registered Research Analyst
KEC - Bullish Swing ReversalNSE: KEC is closing with a strong bullish reversal candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
JUSTDIAL - Bullish Reversal BreakoutNSE: JUSTDIAL is closing with a strong bullish breakout candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
PIDILITIND - Strong Bullish ReversalNSE: PIDILITIND is closing with a strong bullish reversal candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
RADICO - Bullish ReversalNSE: RADICO is closing with an strong bullish candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Dabur India Bullish reversal pattern on weekly chartDabur India has formed a hammer pattern with a long wick on the weekly chart as on Thursday. If the same pattern is maintained on Friday 10/12/2021 then there could be a bullish trend reversal expected which needs to break the previous resistance of Rs.600 and Rs.613 for long-term upper trend.
Rising wedge formation in NIFTYPHARMANIFTYPHARMA index is forming the rising wedge formation on the daily chart. Rising wedge is a reversal pattern and is usually followed by a bearish price movement in the short term. This, along with the fact that a lot of pharma stocks are exhibiting similar bullish reversal patterns is a warning sign for pharma bulls. Best to refrain from entering fresh long positions in pharma stocks for a while.
RESISTANCE CAN BECOME SUPPORT TOO !It is old theory of support and resistance that support can become resistance and vice versa. So if we apply that theory here on ACC , it can be a good entry as stock is near the resistance line.
All we need to do is look for a bullish reversal candlestick pattern.
Some of bullish reversal candlestick patterns are Morning star, Bullish engulfing , Hammer , Bullish Harami etc.
These type of entries are best because it provides us good Risk to Reward.
Target can be around 2428 levels , Which is good for swing ( 9%+)
Pls note that this is not stock buying advice, this is just my analysis on this stock, please consider taking help from your financial advisor before making any purchase.
Feel free to share your views.