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Candlestick Analysis

Stock Analysis: JK Paper Ltd (Weekly Time Frame)Breakout with Retest: 1) All-Time High Breakout: JK Paper has recently broken out of its all-time high with significant volume on the weekly chart, suggesting strong bullish momentum. 2) Retest of Breakout Level: After the breakout, the stock came back to retest the previous high, which is a classic technical move. The retest was successful, and the stock has reversed from this level. 3) Marubozu Candle: A strong Marubozu candle has formed on the weekly time frame, confirming the reversal with good volume. This type of candle typically indicates strong buying pressure with no hesitation from sellers. This setup suggests that JK Paper might continue its bullish momentum after the successful retest. Keep an eye on the stock's movement for a potential entry point.
NSE:JKPAPERLong
by TechnoTrader10
Tata Motors Swing Idea (Long)Tata motors has been consolidating in range for last two weeks. Expecting a breakout next week due t following technical reason: 1) Swing Low range are shifting upward 2) Inside bar candlestick pattern on weekly 3)Trading above 20 & 50 EMA On HOURLY chart 4) Break away gaps are pending to be covered 5) Bullish Spinning bottom candlestick on weekly chart (Note: I am neither responsible for anyone's profit or loss nor I am a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
NSE:TATAMOTORSLong
by GauravPrasad_GP
Banknifty analysis for weekly expiry 01/10/2024.Banknifty weekly expiry can be seen taking market towards another round number figure of 52500 levels. There was a good bearish movement on the daily charts, market closed 850 points lower. Chance of a follow through can be seen as both the index are moving in tandem. Watch banknifty breaching 52780 levels as there will be double support break down. Major levels to look for tomorrow :- 53060, 52780, 52625 Wait for the price action near the levels before entering the markets.
NSE:BANKNIFTY
by TheMamboMomentum
Larsen & Turbo Sept Monthly Expiry Expecting some momentum due to September month expiry closing in larsen & tourbo due to following reason 1) Long wicks currently indicating sellers are in control 2) Shooting star candlestick 3) Inside bar Candlestick pattern (Whichever side it breaks this will be directional) 4) Since monthly expiry expecting some momentum (Note: Author is neither responsible for anyone's profit or loss, nor a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
NSE:LTShort
by GauravPrasad_GP
Titagarh Wagons - Train not to be missed!!Titagarh Wagons is looking strong and we can expect a 45% rise in price from current levels. Other factors: 1. Hammer candle at the right level on weekly time frame signifies trend reversal, buying at right levels. 2. Volumes were higher when stock was moving up, however, it were on a lower side when stock corrected - signifying strong stock. 3. FIIs & DIIs have increased stake 4. Wagon industry provides 55000 crores opportunity and Titagarh Wagons as a market leader along with its JV partners (BHEL, ABB, Firema Italy, etc.) is the right candidate to reap benefits. Keep following @cleaneasycharts as we provide Right Stock at Right Time at Right Price!! Cheers!!!
NSE:TITAGARHLong
by Cleaneasycharts
2
GRSE (Reversal Indication On DTF + 4hr Time Frame)Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
NSE:GRSELong
by onkarsoundankar
IIFLSEC : Momentum Stock#IIFLSEC #tws #FVG #breakout #trendingstock IIFLSEC : Swing Trade >> TWS & FVG Visible >> Bounce back from FVG >> Trending setup >> Good Strength & Volumes >> Low PE Stock Swing Traders can lock profit at 10% & keep Trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:IIFLCAPSLong
by moneyfesttrading