Get started

Chart Patterns

Anant Raj Ltd – Potential Breakout Setup📊 Analysis: The stock is consolidating near a key resistance level at ₹759.90, forming a contracting range. This pattern indicates a potential breakout opportunity. The price is supported by the 21-EMA and 50-EMA, which are trending upwards, signaling bullish momentum. 📈 Trading Plan: Entry: Buy above ₹760 (wait for a breakout above resistance with strong volume confirmation). Target 1: ₹800 Target 2: ₹836 Stop-Loss: ₹723 (below recent swing low for risk management). 🛑 Risk-to-Reward Ratio: Approx. 1:2 💡 Note: Monitor the breakout closely. A failure to sustain above ₹760 might lead to a false breakout, so trade cautiously and stick to the plan.
NSE:ANANTRAJLong
by piyushr401
1
Time Technoplast Ltd - Breakout Setup, Move is ON...#TIMETECHNO trading above Resistance of 488 Next Resistance is at 612 Support is at 362 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:TIMETECHNOLong
by MandeepSinghKohli
Perfect swing or positional trade setup in Kotak Mahindra BankHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought very short term trading analysis in banking stock, stock name is Kotak Mahindra Bank and now it is trading at 1773, i drawn a trendline which called upward support trendline and i found that Kotak mahindra bank is just trading at near to that trendline support range, so i am expecting that it should take a perfect support at these levels and then it shoud fly towards 1850/1890 levels. Reason for this target is previous swing which is almost equal to 6%, so i am expecting same targets as positional where probability is high we can get these levels in next 5-7 trading sessions. 1st and 2nd target can come within today or tomorrow. So go with given levels, please follow strict stop loss because if something goes against to our analysis it will protect us from huge losses. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:KOTAKBANKLong
by TraderRahulPal
Cautious on Bitcoin: Expecting a Sharp Pullback Before LongCautious on Bitcoin: Expecting a Sharp Pullback Before Long 1⃣ Current Stance: Cautious on long positions in CRYPTOCAP:BTC due to the shallow nature of Wave 2 and the potential for an expanding diagonal (ED) formation. 2⃣ Entry Plan: Planning to open a long position in #Bitcoin but waiting for a clearer correction. 3⃣ Market Expectation: Expecting a sharp pullback, though the exact dip is uncertain at this stage. 4⃣ Next Steps: Will provide further updates after additional confirmations are observed. Note: This is NFA. Always DYOR before making any trades.
Short
by CryptoPatel
#Nifty directions and levels for December 13th.Good morning, friends! 🌞 Here are the market directions and levels for December 13th. Market Overview: The global market is showing moderately bearish sentiment (based on the Dow Jones only), while our local market also exhibits a moderately bearish sentiment. Today, the market may open with a slightly gap-down start, as the Gift Nifty is showing a negative 90 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty closed in negative territory, and the Gift Nifty is also maintaining this sentiment, showing a 90-point negative start What can we expect next? > If we take note of the previous movements, we see a range-bound structure. > However, my expectation is that if the market sustains the decline and consolidates, we can expect a continuation of the correction because the RSI is showing a bearish bias. > The range will continue only if it pulls back from the initial movement and breaks the 38% Fibonacci level in the minor swing. If that happens, it will re-enter the range. This is the basic structure; let’s look at this in the charts. Nifty Current View: The current view suggests that if the market opens with a gap-down, it could reach a minimum of 24,416. After that, if it sustains or breaks the level of 24,416, then the correction will continue to the minor demand zone. Usually, both levels are major support in a range-bound market, so if it finds support there, we can expect a minimum bounce back of 23% to 38% in the minor swing. This is the basic structure. Alternate View: The alternate view suggests that if the market takes a solid pullback around the immediate support level and breaks the 38% level in the minor swing, it could re-enter the range-bound market, which means we can expect targets of a minimum of 78% to the channel top. This also indicates that until it breaks the 38% level, it could remain a bearish market.
NSE:NIFTY
by Manickamtraders
5
Hammer Candlestick Pattern Seen at bottom in Axis BankHello everyone i hope you all will be doing good in your life and your trading as well. Today i have brought axis bank analysis which is has formed Hammer candlestick pattern at bottom of Important support zone, Axis Bank Limited is a private sector bank. It has the third-largest network of branches among private sector banks and an international presence through branches in DIFC (Dubai) and Singapore along with representative offices in Abu Dhabi, Sharjah, Dhaka and Dubai and an offshore banking unit in GIFT City Market Leadership - 3rd largest private sector bank in India - 4th largest issuer of credit cards - 19.8% market share in FY24 Branch Network In FY24, Bank added 475 branches (125 in Q4FY24) to its network. At present, it has a total of 5377 branches, 16,026 ATMs and Cash recyclers. The region-wise breakup of branches is as follows: Metro - 31% Semi-urban - 29% Urban - 23% Rural - 17% Loan Book Retail loans account for 60% of bank's loan book and corporate 29% & SME loans 11%. Retail Book Home loans account for 28% of retail book, followed by rural loans (16%), LAP(11%), Auto loans(10%), personal loans(12%) , small business banking (10%), credit cards (7%), Comm Equipment (2%) & others (4%) Market Share FY24 - Bank has 5.5% market share in assets, 5% in deposits & 5.9% in advances. - 14% in credit cards circulation in India. - 5.2% market share in personal loan. - 4% RTGS, 30% NEFT, 38.9% IMPS Market share (by volume),20% Market share in BBPS. - 11.4% Foreign LC Market Share. - 8.4% market share of MSME credit. Fundamental (Ratio) Analysis - P/E ratio is 12.69 - P/E ratio is 12.69 which is lower than it's 5 years Average P/E 28.22 - D/E 1.46 has reduced as compared to last year's D/E 1.59 - ROCE is 14.16% - ROCE 14.16% has increased as compared to last year's ROCE 9.26% - ROE is 18.51% - ROE 14.16% has increased as compared to last year's ROE 9.26% - ROCE 14.16% is higher than 5 years ROCE average 9.19% - ROE 18.51% is higher than 5 years ROE average 10.03% - PEG ratio is 0.61 - Operating Profit Margin (EBITDA Margin) 8.82% has improved as compared to last year's OPM - 0.31% - NPM is 23.4% - Net Profit Margin (PAT Margin) 23.4% has improved as compared to last year's NPM 12.37% - Annual Sales has grown by 28.94% - Annual Profit has grown over by 143.91% - 3 Years Sales CAGR is 20.96% - 3 Years Profit CAGR is 142.38% - Quarterly Sales has grown over by 15.26% YoY - Quarterly Profit has grown over by 19.16% YoY - Quarterly Profit has grown over by 14.87% QoQ - DII have increased their stakes by 1.72% in the latest quarter (29.4% to 31.12%) - Retail/Public have reduced their stakes by 0.91% in last 3 years - Promoters + FIIs + DIIs hold 91.18% in the company Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
NSE:AXISBANKLong
by TraderRahulPal
NIFTY analysis for tomorrow 14 Dec || BullishAs we discussed NIFTY in the last analysis, nifty is accumulating. It gave a sharp momentum to the downside and then gave a V-shaped recovery and closed at +219 Point. If we look at the chart now: The market took support at 200 EMA and gave V shape recovery, which indicates a good bullish setup in the market. The price is trading higher than that of EMA, showing a good bullish structure in the market. Market importance levels are as follows: Support levels: 50 EMA, 24522, 24339, 200 EMA Resistance levels: 24800, 25140 If we look at the OI data: PCR = 1.0, which has increased from 0.9, shows bulls are adding the position in the market. The market has good PE writing at 24500 and 24400. Other levels, 24600, 24700, and 24800, have a moderate amount of writing, showing it can be volatile in that zone. If 24800 breaks to the upside, the next good resistance level is 25000, where good CE writing has been done. I am expecting Case 1: Sideways in the range 24521 - 24800. Case 2: if the market breaks 24800 to the upside, the direct target will be 25000. Reason: RSI > 60 shows a good bullish structure. (Bullish) Price > EMA(13, 50, 200), which indicates a good bullish structure. (Bullish) The market has given a good volume of buyers. (Bullish) PCR = 1.0 indicates a bullish market. Price > VWAP shows a good bullish structure in the market.   Verdict: Bullish or Sideways Plan of action: above 24800 Bullish go CE buying. in the range 24522 - 24800 Sideways. go with Iron condor
NSE:NIFTYLong
by finnova_
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in KPRMILL BUY TODAY SELL TOMORROW for 5%
NSE:KPRMILL
by Kapil-Mittal
2
Database TradingEvery trader and investor asks, “Where is the overall market (or a specific security price) headed?” Several methodologies, intensive calculations, and analytical tools are used to predict the next direction of the overall market or of a specific security. Options market data can provide meaningful insights on the price movements of the underlying security. We look at how specific data points pertaining to options market can be used to predict future direction. Typically a trading dataset will provide information about trades that are made over the course of the day. This includes various different details about the trades, such as the bid, bid size and ask size. This information is known as quote data.
NSE:NIFTYEducation
by SkyTradingZone
3
Profitable Advance TradingThe defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors. Trading strategy based on moving averages. Trading strategy based on technical analysis and price patterns. Trading strategy based on Fibonacci retracements. Candlestick trading strategy. Trend trading strategy. Flat trading strategy. Scalping. Trading strategy based on fundamental analysis.
NSE:BANKNIFTY1!Education
by SkyTradingZone
3
TradingBoth index futures and stock F&Os can be easily understood by tracking Open Interest. Simply put, when Open Interest increases, it means more money is moving into the futures contract, and when open interest drops, it means money is moving out of the contract. The 90/10 strategy, popularized by Warren Buffett, allocates 90% of your portfolio to a low-cost S&P 500 index fund and 10% to short-term government bonds. This aims for long-term growth through stocks while offering stability with bonds.21 May 2024
NSE:DIVISLABEducation
by SkyTradingZone
3
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in CRISIL BUY TODAY SELL TOMORROW for 5%
NSE:CRISIL
by Kapil-Mittal
3