TATAELXSI - Weekly AnalysisIn the Weekly Chart of TATAELXSI ,
we can see that, after breakdown, it has created a Hammer candle on support trendline.
Enter on breaking its high with low as SL.
Candlestick Analysis
Positional or Longterm Opportunity in MothersonGo Long above 93.95 for Targets of 105.65, and 125.15 with SL 90.05
Reasons to go Long:
1. On a weekly timeframe if we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level.
3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
Positional or Long term Opportunity in Craftsman AutomationGo Long @ 4160.1 for Targets of 4456.75, 4753.4, 5050.05 and 5346.7 with SL 3863.45
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
Positional or Longterm opportunity in RatnamaniGo Long @ 2915.1 for Targets of 3110.2, 3305.3, and 3500.4 with SL 2720
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
DELTACORP - Weekly AnalysisIn the Weekly Chart of DELTACORP ,
we can see that, after the breakdown, it is trying to recover.
Inside & Hammer candle is formed.
Enter on breaking its high with low as SL.
NAZARA - Weekly AnalysisIn the Weekly Chart of NAZARA ,
we can see that, after the breakdown from support it has now formed a Hammer candle.
Expected momentums are shown in chart.
FINEORG - Weekly AnalysisIn the Weekly Chart of FINEORG ,
we can see that, after Trendline breakdown, it showed a recovery.
Expected momentum is shown in chart.
ALKYLAMINE - Weekly AnalysisIn the Weekly Chart of ALKYLAMINE ,
we can see that; after a Strong Bullish it went into sideways for 4 week.
Let it break the trendline.
Expected momentum is shown in chart.
LTIM - Weekly AnalysisIn the Weekly Chart of LTIM ,
we can see that, after applying FIBO, it is on last support level.
We can see a W shape recovery in this.
Above 4800 it will be bullish.
Expected momentum is shown in chart.
COFORGE - Weekly AnalysisIn the Weekly Chart of COFORGE ,
we can see that; after Inverted Head and Shoulder breakout, it did not sustain and we saw a downfall.
Let it form a Hammer or W shape recovery on Trendline of Cup & Handle.
4400 can be a reversal point.
Breakout in GRASIMAfter a long consolidation, stock has given breakout from its Rising channel pattern and has given confirmation for breakout by a Doji and Marubozu. From the past 3 days, buying volume has been increasing consistently. Stock is trading above all its EMA.
IOC + BPCL + HPCLOil Marketing Companies are ready for new Run as Crude Oil Price down... for next Quarter.
Digvijay cement-A multibagger in making?Digvijay cement has given a beautiful cup and handle pattern breakout.
Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame.
Stock is looking very strong for a big bull run ahead.
Stock has good fundamentals as well and can be held for long term as well.
It is a good stock for multibagger investment as cement sector will definitely grow with growing infra and realty sector.
Ratios at CMP are attractive
PE ratio is around 18, Dividend yield is above 3%.Zero debt company.
ROE, ROCE is above 20.
Current ratio is above 1 and Price to sales is just around 2.
Prime Focus - Bullish Swing Reversal with VolumesNSE: PFOCUS 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 20% to 30% 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
IOC Breakout....Crude is not sustaine above 90$ so the benifits get OMC Companies and IOC is in good position to add.
GABRIEL - Bullish Swing Reversal with VolumesNSE: GABRIEL 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 12% to 19% 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 Star NavinfluorStrong momentum 10/15 may Target 4000/4200🎯 go long for 5500/6000 Monthly candle 5/6.
Long_ColpalCurrently this FMCG stock trading at ATH.
Go long with current market price in cash market and June_2024 Futures and current Stoploss at 2600, Exit the trade when it closes below previous market structure (CMS_2700).
Note:- Cms :- current market structure.
Only for educational purpose.
Happy Trading.
SFL preparing to shift in new upper trajectorygood q4 result , big bullish candle, seen buying interest and certainly will attract Bajaj finance disappointed investor :)
BAJAJCON - Weekly AnalysisIn the Weekly Chart of BAJAJCON ,
we can see that, it is at decision making point.
If it shows up move we have targets of 300 and 350.
Possible momentums are shown in chart.
EMAMILTD - Weekly AnalysisIn the Weekly Chart of EMAMILTD ,
we can see that, it has started to be bullish with strong candle.
let it create a Halt candle the range and then enter with SL and Target
Expected momentum is shown in chart.
CROMPTON - Weekly AnalysisIn the Weekly Chart of CROMPTON,
we can see that, Bullish momentum is started.
Let it respect the Trendline and create a Halt candle and the with SL and Target.
Expected momentum is shown in chart.
COROMANDEL - Bullish Swing Reversal with VolumesNSE: COROMANDEL 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 11% to 18% 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
