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SWING IDEA - BALKRISHNA INDUSTRIESFor savvy traders seeking the next big opportunity, Balkrishna Industries is now in the spotlight with a breakout that demands attention. Reasons are stated below : After multiple tests, Balkrishna Industries has triumphantly closed above the key resistance level at 2675, signaling a decisive breakthrough. The stock has shattered a robust consolidation spanning over two years, suggesting a potential shift in the underlying market dynamics. A bullish hammer formation, engulfing the preceding candles, provides a strong visual cue of bullish momentum, enhancing the appeal of this breakout. Balkrishna Industries has not only breached but also taken out all previous highs, showcasing the strength of the current upward movement. The stock's ability to establish constant higher highs underlines a sustained bullish trend, offering traders confidence in the stock's positive trajectory. With the price trading above both the 50-day and 200-day EMAs, the technical landscape indicates that the trend is intact, adding another layer of confirmation to the breakout. Target - 3144 // 3361 StopLoss - weekly close below 2506 @visionary.growth.insights
NSE:BALKRISINDLong
by Visionary_Growth_Insights
EMAMIPAPThis a symmetrical triangle pattern but is good support zone for buying point my side . entry that point and trg is 1st 130, 2nd 140. SL is always paid .If You LIKE MY Idea …please…Boost its for motivation for study . for MORE check in my TradingView ID “Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts /calls , please consult your financial advisors. Thank you
NSE:EMAMIPAP
by asAMOLSUTAR
BreakoutA breakout refers to when the price of an asset moves above a resistance area, or moves below a support area. Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. Breakouts that occur on high volume (relative to normal volume) show greater conviction which means the price is more likely to trend in that direction. Script = Bandhanbank Time Frame = 1 Day
NSE:BANDHANBNKLong
by Jainshashwat
IRCON: Positive sustainable run upIntroduction: NSE:IRCON , a leading construction and infrastructure company, is currently trading on the National Stock Exchange (NSE) at INR 58.55 . This technical analysis examines the stock's recent price action and provides a trading recommendation based on key technical indicators. Technical Analysis: IRCON is trading near the crucial Fibonacci level of 0.618 , attempting to break upwards. A bullish crossover has been observed in its Exponential Moving Average (EMA) and Moving Average (MA) indicators , suggesting a potential uptrend in the short term. Additionally, the Parabolic Stop and Reverse (SAR) indicator is also favoring the bulls, which could signify a continuation of the positive price momentum. Trading Recommendation: Based on the above technical analysis, we recommend the following trade: Entry: Buy IRCON at or above INR 58.55 (current market price) Target 1: INR 61.30 Target 2: INR 64.20 Stop Loss: INR 55.50 Please monitor the stock for a breach of the Fibonacci level upwards before initiating a long position. The stop-loss order at INR 55.50 aims to protect capital against potential price declines. Disclaimers and Disclosures: This analysis is for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any security. The author is a not a technical analyst and not a registered financial advisor. The opinions expressed herein are solely those of the author and do not represent the opinions of the Premium wealth management firm. Past performance is not indicative of future results. Investing in securities carries risks, including the risk of loss of principal. Investors should conduct their own due diligence and consult with a professional financial advisor before making any investment decisions. Disclosure: The author may or may not have any positions in the securities mentioned in this analysis at the time of publication.
NSE:IRCONLong
by finogent
"MARINE: Navigating Upward Waves with a 1:2.25 Risk-Reward Ratio Description: 📈 MARINE: Seizing the Momentum with a Favorable Risk-Reward Ratio! 🚀 Get ready to ride the waves of opportunity with MARINE, a stock that's currently on an upward trajectory. Here's why this trade setup deserves your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 60.00, positioning yourself for potential gains as MARINE continues its upward journey. ❌ Stop Loss (in Rupees): Safeguard your investment with a stop loss at Rs 48.00. This level acts as a critical safety net in case the trade doesn't unfold as expected. 🎯 Target Price (in Rupees): Our target is set at Rs 90.00, reflecting a significant potential upside. This is where you may contemplate taking profits. 🕒 Trade Duration: Plan to hold this trade for 45 to 90 days, providing the flexibility needed to capture potential gains. 📈 Risk-Reward Ratio: The risk-to-reward ratio for this trade is approximately 1:2.25. For every unit of risk, there's a potential reward of 2.25 units, resulting in a risk-reward ratio of "1:2.25." 🚀 Trade Strategy: Stay confident as MARINE continues its strong uptrend. Keep your stop loss intact and consider trailing it periodically to secure gains as the stock progresses. 📉 Correction from Highs: MARINE has experienced a healthy correction, with a nearly 19% pullback from its higher levels, creating an attractive entry opportunity. 📊 Trading on Support: The stock is currently trading on a supportive level, with today's daily candle indicating a bounce back, even though volume activity is lower. 💰 Favorable Risk to Reward: This trade presents a favorable risk-to-reward ratio, allowing you to aim for higher rewards while diligently managing risk. This trade idea offers a comprehensive plan, complete with a calculated risk-to-reward assessment. Embrace the opportunity presented by MARINE's upward momentum with confidence and aim for potential gains. Happy trading! (Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
NSE:MARINELong
by We_Learn_Investing
Bajaj Electricals IBZ Bajaj Electricals has approached its institutional buying zone and is rangebound over a long horizon as clearly visible. position Sizing is recommended... What is position sizing? It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct. Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on. Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as positive signs are shown. Keep It simple
NSE:BAJAJELECLong
by Krish_Kohal
"SATINDLT: A Newly Listed Gem Poised for Potential Gains"Description: 🚀 SATINDLT: A Hidden Opportunity Unveiled! 📈 Are you on the lookout for a fresh trading prospect? SATINDLT, newly listed on NSE in November '22, is making waves with its potential. Here's the scoop: Key Points: 📊 Newly Listed Gem: SATINDLT emerged on the NSE scene in November '22, offering a unique opportunity for traders to get in on the ground floor of a promising stock. 📈 Trendline and Horizontal Support: The stock is currently trading on both a trendline support and a horizontal support zone. This dual support structure adds strength to the trade setup. 🔙 Pullback from Support: SATINDLT has recently experienced a pullback from these support levels, potentially setting the stage for a bounce-back rally. 💰 Favorable Risk-Reward: This trade setup offers an enticing risk-to-reward ratio, allowing you to aim for greater gains while carefully managing your risk. 📈 Entry Price (in Rupees): Consider entering the trade at Rs 116.00, positioning yourself for potential upside as the stock regains momentum. ❌ Stop Loss (in Rupees): Protect your investment with a stop loss at Rs 105.00. This level serves as a safety net should the trade not go as planned. 🎯 Target Price (in Rupees): Our target is set at Rs 160.00, representing a significant potential upside. This is where you may consider taking profits. 🚀 Trade Strategy: Keep a close eye on SATINDLT as it navigates this exciting phase. Be prepared to act when the stock gains traction, and remember to adjust your stop loss to secure your gains. This trade idea offers a comprehensive plan, highlighting the unique opportunity presented by a newly listed stock. Dive into SATINDLT as it shows potential for a rewarding journey. Happy trading! (Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
NSE:SATINDLTDLong
by We_Learn_Investing
"WINDLAS: A Promising Opportunity with Strong Momentum"Description: 📈 WINDLAS: Unleashing the Potential of a Strong Uptrend! 🚀 Get ready to seize an exciting trading opportunity with WINDLAS, a stock that's currently riding a powerful uptrend. Here's why this trade setup is worth your consideration: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 350, positioning yourself for potential gains as WINDLAS continues its impressive upward trajectory. ❌ Stop Loss (in Rupees): Safeguard your investment with a stop loss at Rs 315. This level acts as a crucial safety net in case the trade doesn't unfold as expected. 🎯 Target Price (in Rupees): Our target is set at Rs 430, reflecting a substantial potential upside. This is where you may contemplate taking profits. 🕒 Trade Duration: Plan to hold this trade for 45 to 90 days, allowing for flexibility in capturing potential gains. 📈 Risk-Reward Ratio: The corrected risk-to-reward ratio for this trade is approximately 1:2.29. For every unit of risk, there's a potential reward of 2.29 units, resulting in a risk-reward ratio of "1:2.29." 🚀 Trade Strategy: Stay confident as WINDLAS continues its robust upward trend. Keep your stop loss intact and consider trailing it periodically to secure gains as the stock progresses. 📉 Correction from Highs: WINDLAS has experienced a healthy correction, with a nearly 21% pullback from its higher levels, creating an attractive entry opportunity. 📊 Triangle Breakout Potential: The stock is showing signs of a triangle breakout, hinting at a potential upward surge in the near future. 📈 Trading on Support: WINDLAS is currently trading on a supportive level, with today's daily candle indicating a bounce back, supported by increased volume activity. 💰 Favorable Risk to Reward: This trade presents a favorable risk-to-reward ratio, allowing you to aim for higher rewards while diligently managing risk. This trade idea offers a comprehensive plan, complete with the corrected risk-to-reward assessment. Embrace the opportunity presented by WINDLAS' strong uptrend with confidence, and aim for potential gains. Happy trading! (Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
NSE:WINDLASLong
by We_Learn_Investing
"RAYMOND: Riding the Upward Wave with Confidence"Description: 📈 RAYMOND: Seizing the Momentum of an Upward Trend! 🚀 Get ready to capitalize on the potential of RAYMOND, a stock that's currently riding a strong upward wave. Here's why this trade setup deserves your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 1835, positioning yourself for potential gains as RAYMOND continues its impressive upward trajectory. ❌ Stop Loss (in Rupees): Safeguard your investment with a stop loss at Rs 1640. This level acts as a critical safety net in case the trade doesn't unfold as anticipated. 🎯 Target Price (in Rupees): Our target is set at Rs 2400, reflecting a significant potential upside. This is where you may contemplate taking profits. 🕒 Trade Duration: Plan to hold this trade for 45 to 90 days, aligning with your trading strategy and market conditions. 📈 Risk-Reward Ratio: The corrected risk-to-reward ratio for this trade is approximately 1:2.90. For every unit of risk, there's a potential reward of 2.90 units, resulting in a risk-reward ratio of "1:2.90." 🚀 Trade Strategy: Stay confident as RAYMOND continues its strong upward trend. Keep your stop loss intact and consider trailing it periodically to secure gains as the stock progresses. 📉 Correction from Highs: RAYMOND has experienced a healthy correction, with a 21% pullback from its higher levels, creating an attractive entry opportunity. 📊 Trading on Support: The stock is currently trading on a supportive level, with today's daily candle indicating a potential bounce back. 💰 Favorable Risk to Reward: This trade presents a favorable risk-to-reward ratio, allowing you to aim for higher rewards while diligently managing risk. This trade idea offers a comprehensive plan, complete with a calculated risk-to-reward assessment. Seize the opportunity presented by RAYMOND's upward momentum with confidence and aim for potential gains. Happy trading! (Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
NSE:RAYMONDLong
by We_Learn_Investing
"TDPOWERSYS: Capitalizing on a Strong Uptrend"Description: 📈 TDPOWERSYS: Riding the Momentum of a Strong Uptrend! 🚀 Prepare to embark on a profitable journey with TDPOWERSYS, a stock that's riding a robust uptrend. Here's why this trade setup deserves your attention: Key Points: 📊 Entry Price (in Rupees): Consider entering the trade at Rs 250, positioning yourself for potential gains as TDPOWERSYS continues its impressive uptrend. ❌ Stop Loss (in Rupees): Safeguard your investment with a stop loss at Rs 218. This level acts as a critical safety net in case the trade doesn't unfold as anticipated. 🎯 Target Price (in Rupees): Our target is set at Rs 310, reflecting a substantial potential upside. This is where you may contemplate taking profits. 🕒 Trade Duration: Plan to hold this trade for 45 to 90 days, aligning with your trading strategy and market conditions. 📈 Risk-Reward Ratio: The risk-to-reward ratio for this trade is approximately 1:1.39. For every unit of risk, there's a potential reward of 1.39 units, resulting in a risk-reward ratio of "1:1.39." 🚀 Trade Strategy: Stay confident as TDPOWERSYS continues its strong uptrend. Keep your stop loss intact and consider trailing it periodically to secure gains as the stock progresses. 📉 Correction from Highs: TDPOWERSYS has undergone a healthy correction from its higher levels, creating an attractive entry opportunity. 📊 Trading on Support: The stock is currently trading on a supportive level, with today's daily candle indicating a potential bounce back. 💰 Favorable Risk to Reward: This trade presents a favorable risk-to-reward ratio, allowing you to aim for higher rewards while diligently managing risk. This trade idea offers a comprehensive plan, complete with a calculated risk-to-reward assessment. Capitalize on the strength of TDPOWERSYS' uptrend with confidence and seize the opportunity for potential gains. Happy trading! (Note: Always conduct your own research and assess your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📊💼🧐
NSE:TDPOWERSYSLong
by We_Learn_Investing