Dolat algo ready for dolat in portfolio strong fundamental growth, with QoQ profit and revenue expansion.
rounding pattern completed. also called cup and handle
soon new highs on the way.
lik_e share and f_ollow.
Buying
APL APOLLO in Making Wave ((4))
Reason :Month chart structure is clear bullish sequence making Higher High and Higher lows.
Trend is Upwards, So trade will be buying
Now opportunity for buying in Uptrend means, when we get corrective wave formation scenario like wave 2 or Wave no 4 in any degree. so that we can En-cash the upcoming Impulsive major moves in the form of wave 3 and wave 5 in general.
In this chart as per my Elliot Wave count and analysis we are into making of Flat correction pattern Wave ((4)) in Black which is a corrective wave. The same can be completed at 1253 range when the wave (A) blue equal Wave (C) blue which is yet in making.
So the Fibonacci Extension level from mapped from (A)-(B) blue gives us the Range of 1253.5 - 1027.55 which is 100% and 161.8% of Fibonacci Extension.
Once price passes 1027.55 it will be like a impulsive wave on downside and their will be change in wave count and we may have a further deep correction in stock.
However till then we can go with the current view and plan a Buying at 1253.5 Level.
Trade Management :
We can expect min. Bounce in 3 wave up from the Blue box mentioned.
Once we are filled with buy order we will be booking partial profit of 50% Qty at 50% Fibonacci Extension of Wave (C) blue and subsequently will move our stop oss from Exiting 1027 Level to Entry level and Make our trade Risk Free.
and Keep trailing Stop loss for balance 50% Qty once our trade moves in our direction Stop loss will be placed at low of previous Swings.
Happy Trading
Regards
Vijay DHAGE
profitadda_iteind
GOLD WAIT FOR FEW UPSIDE Last week we predicted that Gold will touch 2356$ on lower side & 2439$ higher side. It actually touched 2353$ on lower side and 2432$ on higher side.
Our Spot #Gold Range Prediction from 29/07/2024 to 02/08/2024 is as under.
Next week can be highly volatile due to contract expiry.
Gold Spot : 2355$-2451$
Gold INR : 67400-70150
Our Spot #Silver Range prediction from 29/07/2024 to 02/08/2024 is as under.
Silver Spot: 27.55$-29.44$
Silver INR: 80200-85600
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Crude oil Range bond (6900-7500) ****************************************************************************************************
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* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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Crude oil bullish till 7500 (rangebound 6900-7500) my buying price around 6850-7000-7100
Stop loss will be buy at hammer at support with Stop loss of same candle
I will kept my order selling order around 7500 -7550-7600 same stop loss will be inverted hammer candle or any bearish candle.
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Rain 1W Best Buying Time / Short Term Me Darna Hai To Karo Long Term Ke Hisab Se Dekhaoge To Insaan Hoye Ya Share Market Ek Din Jaana To Upar Hi Hai ✨✌🏻
BRITANNIAThe 200 EMA is known for its ability to identify long-term trends. This is because it is a higher EMA. The higher EMAs, like the 200 EMA, focus more on past prices and less on current market prices. That is because the line is derived from 200 past days.
VOLTAS PULLBACK (LONG TRADE ) NSE:VOLTAS
Reasons to go long :
1. Reversal from the golden reversal level of 61.8% fib level .
2. Trend Break + Retest Done
3.Very strong buying (bullish volume ) today (10-02-23).
4. Volume profile indicator showing no major resistance till 1000 lvl.
5. Q1-Q2 earning will increase ( summer months )
Buy Ultracemco in 15 Min.Buy #Ultracemco in 15 min. the buying reason is cup & Handle and #ADX is showing rise +DMI is rise.
WiproWIPRO (Monthly)
Retesting its breakout level
Longterm View Bullish Intact
Buying Range Started : 300-380
Reversal is expected now in Wipro soon
Accumulate now!!!!!
BANKNIFTY INTRADAY VIEW FOR 23/08/2022Namaskaara dosyonswaagata hain aap sabhibka mera is analysis jo ko aapko kal bhut ki help karaigaa aapko intraday trade lena main aap log is level ko zarur apna chart pain mark kar lena gapup and gapdown ko avoid karna
Nifty intraday movmentif price sustain above 16230 look for buy side up to 16485
if any 15min candle successfully closes below the level 16230 then look for sell side
once price touches 16485 wait a little and watch.. is price sustaining above this level if not you can look for small correction from 16485
GODREJ PROPERTIES LONG TERM BUYING OPPORTUNITYGodrej Properties have corrected a lot from highs but now it is taking a support at long term trendline. Realty sector is fundamentally good for next 5-10 years to this correction looks like a good opportunity. The deal with DB Reality is off which Initially had a negative impact on the stock. Also due to overall correction in market and reality sector it is at its 52 week low. So good buying time!
Profit booking kicks in at expiry. Start the month on a high.It was expected to have a gap up opening, but it opened with a flat and moved down. If you look at the chart, the negative sentiment in IT stocks dragged the NIFTY down. The nifty filled the gap and settled near 17500, and the trend line also broke. Let's see if the profit booking continues or not. If the range breaks more down, expect nifty 17400 and banknifty 38800. Bank Nifty 39000 good level can make a good move from here, it will be a break out level. I'll keep an eye on nifty 17800.I was at above 1.5% profit for the day. I kept rolling my put to 17500 and called 18050 yesterday. I booked profit on both mornings. I kept my put up to 17550, waiting to enter the call side because there is not much premium. Then I entered into 17850 CE but the nifty kept falling and my 17550 PE hit SL twice today. I nearly lost 1% trade. Profit went up nearly 2%. At one point in time, 17550 eats my half of the profit, and I firefight roll my call to 17700, and entering 17550 again ends up with nearly 0.8% profit. Because I held on to my PE side banknifty took good support at 39000, expecting a quick buy, because I was not that confident about the selling call. I hope everyone had a great budget week. In the coming days, I'll keep a close eye on Banknifty at the mentioned levels.
UPSIDE POTENTIAL IN UPL(FALLING CHANNEL)A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a “falling channel” or “channel down“. The more such reversals occur, the more reliable the pattern.
There are three scenarios the price rises after breakout,
the price retests the trendline and that trendline now becomes support in both situations there is a good buy opportunity.
the third scenario is the breakout is fake and our stop loss hits.
this is not investment advice and I am not sebi registered this is just for my own educational reference.
Nifty -01 Nov AnalysisAs per chart it seems some short covering happened today. Below is my view on Nifty for 01 Nov 2021
BUY CE if Nifty goes UP from 17760 for target of 17830
BUY PE If Nifty goes down from 17610 for target of 17550
1- Trade only when candle confirm the signal
CDSL-BE ready for another breakout !!!!As we can see in daily chart after a superb rally upto 1577, price has stuck in triangle. recently company has offered handsome dividend of rs 9.
now price is still getting strength and trading near lower level, above 1320 level will take price to the 1400 level soon, and above that level price will be unstoppable, and we can assume tgt of 1550 in coming months.
Support at 1065Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
Asian paint for positional and intraday for 9 august 2021Asian paint is at its strong supports you can go long in it or wait for the touch zone support. Intraday on 9 aug 2021 you can go long with the sl of 25 if you see 5 min green candle at 9:20. or if you got bullish candle in morning you can put your sl near low or the day.
23-JUL-21 BANKNIFTY FIBONACCI BUYINGReasons to Buy
1. ABC Pattern
2. Fibonacci level @ 0.5-0.6
3. 50 MA Crossover
PROFIT - 1 LOT * 373 = 25*373 = 9325 PERFECT STRATEGY WHEN THE CROSSOVER OCCURS
23-JUL-21 BANKNIFTY FIBONACCI BUYINGReasons to Buy
1. ABC Pattern
2. Fibonacci level @ 0.5-0.6
3. 50 MA Crossover
DABUR LONGChart is self explanatory.
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LIKE AND COMMENT WHAT YOU THINK ABOUT THIS
LICHSGFIN 1 WEEK HEAD AND SHOULDERSLICHSGFIN 1 WEEK HEAD AND SHOULDERS PATTERN FIND IT BREAK THAN IT GO LONG WE BUYING THIS. NOW THIS MONTH THE FINANCIAL SECTOR WILL GO BULLISH.
YOUR POSITIONAL TARGET: 529 AND 564
