SEQUENT Intraday trade for tomorrow 13 Aug 2024If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Buyopportunity
KPRMILL | BULLISH1) KPRMILL shows strong uptrend potential with good technical and strong fundamentals
2) FII's & DII's are increasing the stake
3) Consistency in top-line and bottom-line
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
FAZE3Q | BUY1) FAZE3Q shows strong uptrend potential with good technical and fundamental looks strong
2) Textile sector was underperforming for the past few years, we can expect a demand from this point, this makes the sector looks attractive
3) FII's have started entering into the stock which looks promising
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
XAUUSD - The uptrend continues when the trent breaks 2393Gold declined near $2,380 per ounce on Tuesday, extending losses from the previous session, as investors look forward to upcoming policy meetings from major central banks this week. The Federal Reserve is anticipated to keep interest rates unchanged on Wednesday, but all eyes will be on any indications of a potential rate cut in September. Meanwhile, the Bank of Japan is expected to lift rates by 10 basis points to 0.1%
Upper border breakout: 2393 - 2400
Lower border breakout: 2376 - 2370
Resistance: 2400 - 2407 - 2412 - 2418
Support: 2376 - 2367 - 2361 - 2353
Price ranges to note:
SELL price range 2417 - 2419 stoploss 2422
BUY price range 2354 - 2352 stoploss 2348
Note: Full TP, SL to be safe and win the market.
GOOD LUCK EVERYONE👍
RBL Bank - Low Risk OpportunityCMP 235 on 28.07.24
The stock price has been traveling in a rising wedge pattern in the last months. This time, again at the lower levels of the wedge. A pink support line is to be noticed too. It has taken support on this line and bounced back 3-4 times. So it seems at multiple support this time.
In the last 2 sessions, the stock has shown some reversal signs with bigger volumes. MACD should also be considered.
If the pattern continues, we may see targets of 260/280/300 in the coming weeks.
Buy levels are between 235 and 225 in split quantity.
Please remember that if the price is sustained below the pink support line, it will bring weakness to the trade setup. One has to start thinking of an exit if trading below the pink line.
Always keep your risk management in your control. Plan some position sizing in these kinds of setups.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
POLYCAB - Ready for UptrendA beautiful Gap-Down has been created in the chart signifying a possibility for the market to move in an upward direction soon by the end of this week.
We can be bullish on it and hold on to our first target of about 9400-9457.
I am not SEBI Registered. Do your analysis before investing your hard-earned money.
My idea is to go long on this share.
Bullish SignsBeing a trading cum self clearances company of NSE - National Stock Exchange, it has to pass through a lot of regulatory certifications and clearances. It is an integral member of NSE and has a high scope of growth till Indian markets stands strong.
Look at the chart, for a long term investment, it give me a great bullish sign.
It has a potential to easily reach at a mark of Rs. 560 but before that it will have to reach at its first target of 220-240, consolidate there and then move ahead.
All this only if India markets stays strong and shows robust growth.
Do your analysis before investing. I’m not SEBi registered.
Nestle: Bullish Reversal Indicators Signal Opportunity
Description: Nestle demonstrates a potential trend reversal with a bullish engulfing pattern, supported by the 200 SMA and positive MACD. This confluence of signals suggests a shift towards bullish sentiment. It's essential to remember that this analysis is for educational purposes and not a recommendation to trade. Consult with a financial advisor before making any investment decisions.
BEML LTD: Bulldozing Its Way to New Heights!BEML LTD: Bulldozing Its Way to New Heights!
Technical Analysis:
Trend: BEML is on a bullish rampage, charging upwards like a bull in a china shop... if the china shop were full of profit opportunities!
Breakout: The stock just smashed through resistance at 4,777.90, showing more strength than a bodybuilder at a protein shake convention.
Support: Previous resistance now acts as support. If BEML were a superhero, 4,777.90 would be its trusty sidekick, always there for backup.
Volume: Increasing volume confirms the uptrend. Traders are piling in faster than kids at an ice cream truck on a hot summer day!
Price Action: Strong bullish candles suggest momentum. BEML is painting the chart green like it's trying to win a St. Patrick's Day parade.
Fundamental Factors:
BEML, a defense equipment manufacturer, likely benefiting from increased government spending.
Infrastructure push in India could be fueling demand for BEML's construction equipment.
Risks:
Overbought conditions may lead to a pullback. Even rocket ships need to refuel sometimes!
Keep an eye on broader market sentiment and sector-specific news.
Trade Idea:
Consider long positions with a stop loss below the breakout level. Target the psychological 5,500 level.
Remember, folks, investing is like cooking - it's all fun and games until someone loses their dough. Always use proper risk management!
Disclaimer: This analysis is for educational purposes only. Do your own research before making investment decisions. And remember, the market has more mood swings than a teenager, so trade wisely!
VISHNU - 1.5 Years Downtrend Breakout Vishnu Chemicals Ltd
1) Time Frame - Daily.
2) The Stock has been in a Downtrend since (September, 2022). Now It has given a Downtrend / Consolidation breakout & Closed with good volume & good bullish momentum candle in Daily Time Frame.
3) The next resistance would be it's Previous Life Time High (434 - 16.60% from the price 372.10).
4) Recommendation - Strong Buy .