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
Bullishreversal
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.
Candle Stick Pattern : Inverted Hammer
]
Inverted Hammer is a Bullish Pattern that indicates a reversal. This indicates that the price is falling for many days It is time to change its direction to go up.
This pattern is formed on a daily time frame with a high volume which indicates Momentum.
As price is on 200 days EMA which acts as a support. There is a high Probability of Stock going up.
Risk to Reward is favorable for this Trade.
We hope that Rites Industries is good for Swing Trade.
-Mr.Financial_Literate
Bitcoin look bullish but need to hold 33k level to go further upTechnical analysis:
Welcome to this quick update, everyone. During my last few updates I've stated that BTC can easily hit the 36k level since everyone was waiting for 24k level it never happened "YET"!
BTC is currently trading around the 34k level.
the green channel must hold for BTC to remain bullish .
There are two scenarios I see possible here :
1. BTC can either hold this level and continue by breaking the 35k level or
2. BTC can either take a dip around 33k level and continue to the upside.
this can only get invalidated if BTC closes below the 31k level in daily.
The Weekend is near so we can expect some low-volume P&Ds on weekends.
So be careful and take trades carefully.
Bitcoin is bullish but will get invalidated if it fails to hold the 31k level.
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BHEL👉Can U see those same reversal pattern?
👉Same reversal pattern has formed at the support zone.
👉Can have a buying opportunity,market indicating bullish reversal.
👉BHEL has good reports.
👀Keep an eye 👀
Overview ✔️
Volume✔️
Financials ✔️
Technicals ✔️
Fundamentals ✔️
👆Follow for more alerts👆
😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
TTL👉TTL is looking good for the swing trading.
👉Clearly crossed the channel and retested can buy for effective gains.
👉RSI is also indicating price strength and rebounce before 40.
👉Good opportunity for short term.
👀Keep an eye 👀
Overview ✔️
technicals✔️
financials ✔️
Volume ✔️
Fundamentals ✔️
👆Follow for more alerts👆
😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.