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Buysignal

#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalABBOTT India Ltd Stock corrected from its recent high and took multiple times support from old trendline. And now at its old ATH resistance levels. And at good levels if breakout happens to enter. Buy positionally above 18400 levels for min targets of 19100 in short term. Also Abbott india is portfolio stock to hold for long term also. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Use a strict trailing stop loss. Please Like & Follow
NSE:ABBOTINDIALong
by Jordan_n-
Pure price action Swing trade opportunity in VIDHI SPECIALTYVIDHI SPECIALTY has gone 10x since the March 2020 covid crash and still rising. The chart has formed an inverse head and shoulder pattern on the daily timeframe . A strong green candle with Huge volumes broke out of the resistance zone providing a good swing trade opportunity. Huge volumes and big green candles usually attract little profit-booking, which should bring the prices back to the breakout point. Risky traders can take a trade in the next trading session and put a stop loss below the support marked on the chart or below the breakout candle. The key to making consistent profits in trading is not just identifying a pattern and taking a trade right away. The obvious is not always obvious. Protect your capital. It's okay to lose an opportunity than take a loss. I would deploy a trade if the price retraces & takes support near the breakout zone. This filters out the fake breakouts (fakeouts). This also increases the chances of losing out on the trade if the price does not retrace, but I'm okay with moving on to the next opportunity. Stop-loss : Slightly below the strong support. Target : The depth of the Head & Shoulder pattern, measured from the breakout point. Risk/Reward : 1:3 Disclaimer: This is not buy/sell advice. Please do your due diligence before making any trading decision or consult your financial advisor. Sharing my analysis and thoughts for a stronger and healthier community. Cheers
NSE:VIDHIINGLong
by Sai_Kumar
9
More than just a swing trade opportunity #SAILSAIL is in limelight for the breakout of the Inverse Head & Shoulder pattern and falling channel, so I thought to take a look. It looks like SAIL is getting ready to resume its uptrend. • There’s an Inverse Head and shoulder pattern formation with the neckline exactly at a Strong Support & Resistance level . • We can draw two falling channels on the price chart (Marked as Falling channels 1 & 2 on the chart). Price has broken above the inverse head and shoulder pattern, falling channel 1 and Strong resistance line. A breakout above the other falling channel is pending. For the uptrend to resume and to confirm that the correction has ended, the price has to just sustain the breakout and stay above the Strong resistance at 105. After which sail can go a long way. Possibilities of breakout failure can not be ruled out, no matter how favorable the market conditions look. Sometimes the scenarios change instantly. For Swing trade purposes: Buy level – 108.5 (above falling channel upper line) SL – 102 (below breakout candle low) Target – 113, 123, 131 If SAIL starts its up move, it can go way above its previous ATH. Reason? • China produces around half of global steel and it’s dragging down the output by reducing production. Other large steel-producing nations including India saw an uptick in production and exports. • Price hikes are most likely to be announced as coking coal prices are at elevated levels and expected to be there for a long time. • Indian steel producers will have a better opportunity to increase exports due to the absence of Russia & Ukraine. China increasing production is the biggest risk. But for the current scenarios, Indian steel manufacturers are in a sweet spot. SAIL is more than just a swing trade opportunity. I'm betting on the steel industry to grow all together and not just one stock. If you like my analysis and way of presenting, do like and follow. I'll be posting regularly. Not too many but Good-quality analyses with detailed explanations. also, comment your view, I'd love to have discussions. Happy trading. Disclaimer: This is not buy/sell advice. Please do your due diligence before making any trading decision or consult your financial advisor. Sharing my analysis and thoughts for a stronger and healthier community. Cheers
NSE:SAILLong
by Sai_Kumar
18
Market updateMarket is boring, no volume that's mean risk vs reward ratio is too high every coin is sitted on his support or near his support. So if you guys wanna accumulate some coin then grab in #spot no future calls. Atleast cor me there is no trade market, if you forcely try to enter in market, you gonna hurt your portfolio. Untill we get high volume in market, don't enter All coins follow #btc approx all coin charts are little bit same. COIN FOR SPOT CALL Luna Sol Egld Axs Link Ada Dot Hnt Aave That's my pick for short term profit
by nawaab001