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Cords Cables-Can it continue to be a multibagger?Cords Cables is a small cap company which is available at a perfect position technically. Zone of 140-150 was a supply zone earlier which now should become a demand zone. If stock manages to bounce from here with good volumes, it can continue its multibagger journey towards big targets. However, if this zone is breached, stock can fall rapidly so it sis make or break level for stock technically. Very risky. Keep in watchlist to study and learn. Not a recommendation.
NSE:CORDSCABLELong
by chartistamey
Nifty bullish for this week!!!!!!! 23300!!!!As per my analysis price will retrace to 50% level(23300). This week will be bullish. But try to take a trade between monday and to close before monthly expiry. If price went down from Monday ,then goo for 500 to 700 points in sell side for this week. But former will likely to happen. I say it again this week will be massive movement. Be ready and grab your setups. This is not financially advice. Learn to trade by yourself is better for you....
NSE:NIFTYLong
by tradbooker
1
NIFTY Intraday Trade Setup For 24 Feb 2025NIFTY Intraday Trade Setup For 24 Feb 2025 Bullish-Above 22850 Invalid-Below 22800 T- 23050 Bearish-Below 22720 Invalid-Above 22770 T- 22390 NIFTY has closed on slight bearish note with 0.58% cut last week. Index has been trading below 50 EMA in daily TF since last few months. Till it is trading below 50 EMA, overall sentiment will be sell on rise. To check bullish reversal last swing high will be important for consideration. As of now 23850 is the last swing high. Since last 4 sessions index has been descending at 22720.. Breakdown can trigger a move towards 22390. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 22850 then we will long for the target of 23050. For selling we need a 15 Min candle close below 22720. T- 22390. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:NIFTY
by Omahto
CE Info Systems LtdDate : 22.02.2025 MAPMYINDIA Timeframe : Day Chart Technical Remarks : 1 Ichimoku cloud within the ascending flag is trend changer subject to breakout/breakdown, then exit will be high momentum 2 Breakout - Price exits neckline of ascending flag/triangle + rsi moves above above mean reversion, target 50% at fibonacci of 1866 3 Breakdown - Price goes below/exit ascending base of flag/triangle + confluence of trendline + rsi below mean reversion, target is deep at 78.6% of fibonnaci of 1364 Fundamental Remarks : 1 It is Virtually Debt Free 2 Delivered average Profit Growth of 31.69% in last 3 years 3 Delivered good Income growth over the past 3 years of 27.47% 4 Has healthy Operating Margin of 46.23% 5 Promoter holding 50% + // DII 7% + // FII 4% + // Public 36% + , Decent mix Company Overview : 1 Company provides digital mapping, geospatial software, and location-based Internet of Things (ToT) technology solutions in India are commonly known as maps as a service (“MaaS”), software as a service (“SaaS”), and platform as a service (“PaaS”) 2 Some of the company's customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyunda Regards, Ankur
NSE:MAPMYINDIA
by AnkurSingh
DOW JONES - TRIANGLE AT RESISTANCE - EXPECTING SELL OFFSymbol - DJI CMP - 44593 The Dow Jones Industrial Average is currently trading within a symmetrical triangle pattern, indicating a period of consolidation. This technical structure suggests that the price is experiencing a balance between buyers and sellers, with no clear directional bias in the immediate short term. The breakout of this triangle, whether upwards or downwards, will likely determine the next significant move in the market. At present, my personal bias is towards the downside, anticipating a potential bearish breakout. Currently, the key resistance zone for the Dow Jones lies between 44900 - 45100. This range is proving to be a formidable barrier for upward price movement. Until this zone is decisively broken to the upside, the continuation of the bullish trend appears unlikely. The market is facing significant resistance, and it seems that for any sustained bullish momentum, a strong move above this level is required. If the triangle pattern breaks downwards, it could signal a correction that may lead the price to form a double top pattern on the larger time frame. A double top is a classic bearish reversal pattern, and its formation would likely confirm a shift from the prevailing bullish trend to a more bearish outlook. In this scenario, traders should be cautious of further downside risks, especially if the price breaks key support levels. However, if the price manages to break above the resistance zone of 45100 and sustains that move, the bullish trend would likely continue, and any short positions would be invalidated. A breakout above this key resistance would indicate a strong continuation of the uptrend, signaling that the market is poised for further gains.
DJ:DJIShort
by akshit_official
7
BTC#17: How Does Bybit Affect BTC? Traders Need to Know This!💎 💎 💎After a long time, BINANCE:BTCUSDT has not escaped the SW zone. So what is the market reflecting? Let's analyze the price reaction of BINANCE:BTCUSD in this area: 💎 💎 💎 1️⃣ **Notable news:** 📊 Coinbase co-founder: A settlement has been reached with the US SEC, the related lawsuit is expected to be officially approved and withdrawn next week. The dismissal of the lawsuit is said to bring many positive signals to the cryptocurrency market in general. 🚀 The security incident on Bybit caused a recent decline, recording the outflow of money from Bybit including hackers' money of 2,235 billion USD. However, liquidity during this time was still maintained stable. 📌 This incident shows the solidarity of the crypto industry community, not the fragmentation of previous attacks. It can be seen that the future potential of the industry will develop even better. 2️⃣ **Technical analysis:** 🔹 **Frame D**: The price structure is still bullish, but yesterday's closing candle completely destroyed BTC's previous attempt to increase in price. A bearish engulfing candle shows that it will take more time to accumulate to break out of this SW area or the price will have to find a better support zone to break out. 🔹 **Frame H4**: The price line is still in the SW area, however, the recent increase gives us a signal about the possibility of BTC increasing in price. Let's look at H1 to see this signal more clearly 🔹 **Frame H1**: The temporary price structure is an upward price structure. Although it cannot be immediately, this is an ideal area to wait for a position whether it is BUY or SELL 3️⃣ **Trading plan:* ⛔ The current price area tests the patience of traders. Trading in the SW price zone always erodes trading psychology due to greed and expectation. FOMO every time the price signals a break through the SW zone will erode the account and trading psychology. Wait for a clearer signal from the price reaction. ✅ As you can see the plan in the H1 frame. Waiting for a clearer price structure to establish a position is the top priority. We do not predict where the price will go but look at reality to decide what to wait for. "Trade what you see, not you think" 💪 **Wish you successful trading!**
by TonyL0ng
ready to come back to life HDFCLIFE Key Observations: Current Price: 622.85 INR Price Change: +2.85 INR (0.46%) Volume: 1,887,686 shares Timeframe: Weekly Technical Analysis Summary: Trend Analysis: The stock has been in a descending trend within the "abc" swing zone, forming a potential reversal pattern. Support & Resistance: Strong support at 564.85 and 606.80. Reversal levels are identified at 626.05, 638.95, and 651.90. If the stock breaks above the green reversal zone, it is considered a buy signal with potential resistance levels at 679.70, 738.70, 780.65, and 834.10. Conclusion: The stock is currently in a potential buy zone within the green reversal area. Monitor key support and reversal levels for potential price movements. The RSI and volume indicate a neutral position with significant trading activity, supporting a potential reversal if buying pressure increases. Key Levels: Support Zone (Yellow): Between 564.85 and 606.80 . This is the range where the stock has shown buying interest and potential support. Reversal Zone (Green): 651.90, 638.95 This zone indicates a potential area for price reversal and is likely where buyers might step in. RSI (Relative Strength Index) and Volume: RSI: The Relative Strength Index (RSI) is currently at 42.58, indicating a neutral position. It suggests that the stock is neither overbought nor oversold. Volume: The recent volume is 10.27M, showing significant trading activity around key levels.
NSE:HDFCLIFELong
by TechnicalAnalystSucrit
#SARDAENFundamentals: * ROCE - 15.3%, ROE - 14.1%. Debt to Equity - 0.48 * EPS / Revenue - has been steadily increasing * FIIs - Have marginally increased holding from 2.28% to 2.66% * Retail holding levels have gone down * Promoter holding has remained steady * Mutual Funds have increased stake Technicals: * Price is consolidating and has started to form a higher low pivot structure * Forming some mini cup patterns under a larger Cup pattern * Volumes have subsided indicating silent accumulation by Instituitions * Relative strength is strong / Momentum indicates build up / ADR is 5.2% and indicating up move * Weekly chart shows clear signs of consolidation and a potential double bottom move. * In weekly chart we can see a prior up move of ~70% and pull back of 20% only The last two days have seen sellers taking control at the end of the day. This has led to creation of wicks. It will be prudent to take a pilot position and then gradually start adding as price crosses highs of earlier two days and consolidates. Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
NSE:SARDAENLong
by mdmahanti
#TIMETECHNOFundamentals: * ROCE - 15.6%, ROE - 12.5%. Debt to Equity - 0.29 * EPS / Revenue - has been steadily increasing * FIIs - Have increased stake this quarter from 6.69% to 7.64% * Retail holding levels have gone down * Promoter holding has remained steady * Mutual Funds have increased stake Technicals: * Price is bouncing from a historical support zone which was earlier a resistance zone * Only concern is that the bounce from support zone has been traditionally sharper than present bounce * This warrants a cautious entry strategy with gradual exposure * Tight entry can be taken considering candles are small and surfing the 10 / 20 DMA * Weekly charts are not indicating anything significant * Price is just below the 50% retracement and requires good volume to push through * RS is strong / Momentum can pick up / ADR is 6.6% and increasing I published this chart so that it can be kept in radar. At this point in time I don't think this is lining up for fast moves. Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
NSE:TIMETECHNO
by mdmahanti
#FSLFundamentals: * ROCE - 15.4%, ROE - 14.6%. Debt to Equity - 0.58 * EPS / Revenue - has been steadily increasing * FIIs - Have reduced stake this quarter which has been picked up by DIIs and MFs * Retail holding levels have gone down * Promoter holding has remained steady Technicals: * On Weekly Charts, bounce of 20 WEMA is visible * On daily charts, price is trying to push through the 10 DMA. * RS is strong / Momentum is picking up * ADR is presently at 5.1% however this is somewhat slowing down for now. * Price is trying to breach 50% retracement but the volumes are low. * For the above points, gradual position building is suggested. * Low risk entry possible as the candles are fairly low range. Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
NSE:FSLLong
by mdmahanti
#BAJAJFINSVFundamentals: * ROCE - 11.7%, ROE - 15.3%. Debt to Equity - 4.66 (Financial companies have higher debt considering debt is their inventory) * EPS / Revenue - has been steadily increasing * FIIs - Have reduced stake this quarter which has been picked up by DIIs and MFs * Retail holding levels have gone down * Promoter holding has remained steady * Please note, the ROCE/ROE is not that great but this stock is a decent performer and tends to grow Technicals: * Cup and Handle in a larger consolidation phase which can lead to Phase 2 * Price is surfing the 10 DMA * RS is strong / Momentum is picking up * ADR is below 4 which can make this a slow moving stock * On weekly chart, the price is extended beyond its 10 WEMA hence a cautious exposure is advised * Price breached the 61.8% Fibo levels with strong volume and now retesting * Low risk entry possible Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
NSE:BAJAJFINSVLong
by mdmahanti
FINOLEX CABLES : 30%+ Upside potential!⚡Price Analysis: 1️⃣ Bouncing from critical support 2️⃣ Price structure is bullish. 3️⃣ Exceptional Volumes ✨ My Expectations: ➡️ RRR is looking attractive ➡️ 1:3 RRR can be expected with 9% max SL ➡️ EMAs are supporting the bullish views. ⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️ 💬 Drop your thoughts below in the comments section if you liked this analysis!✌️ 🔥Happy trading!✅🚀
NSE:FINCABLESLong
by SuperNova396
GOLD chart analysis for Friday 21 Feb 25 Session 15M TFGold got the closing at the last trading session at 2939.59 it's near Support Zone is 2930 - 2933 price should move to this level to take support then it should go for its previous high which is 2954 and it is the target we should think about if market goes the way i told beacuse it's last day of the week and many people closes positions they're holding , another scenario is if price breaks first support and goes to major support for the day which is 2918.71-2924 level we should wait for clear confirmation without FOMO if want to enter at dip buying beacuse in case this major support breaks then it'll dump to 2900 with ease .
FXOPEN:XAUUSD
by NobleFalcon
USOIL Chart analysis for Friday 21 Feb 25 Session 15M TFUSOIL last session closing was at 72.578 and made a high of 73.123 after studying it in higher TF i think if price comes downward then it's First Support Range is 72.188-72.343 if this range works as good support then we can see price upward movement from this range of support if it'll not sustain then Major Support Range is 71.791-71.952 it is good support it should sustain the price if it comes towards it in case it breaks then we can see bearish movement for the day , these support levels should work if we take a look in higher TF and our Trend Reflector also indicates bullish sentiment look for reversal price action if price comes to these levels , in case it breaks resistance zone of 73.000- 73.123 then we may get the level of 73.750 which is the next resistance , it's very clear look for bullish entry until major support breaks, it seems bullish for the day.
FX:USOILLong
by NobleFalcon
$AMZN is oversold on the daily The past few times NASDAQ:AMZN has been oversold on the daily have proven to be great entry points. We are close to a possible support line and could go even a little further to touch the 100 SMA (white line). I am starting to accumulate NASDAQ:AMZN shares as well as April 17 220 calls @ $7.95 If it does drop further I would look to add at the 100 SMA. However, I do think we could see a bounce soon. It's also around a 30 forward PE at these levels.
NASDAQ:AMZNLong
by mschultz33
The Falling Wedge Pattern: A Guide to Catching Bullish BreakoutsFalling Wedge Pattern: A Continuation Chart Pattern Hello Traders! In today's post, we’ll explore the Falling Wedge Pattern , one of the most reliable continuation patterns that traders look for during uptrends. It’s an important tool for identifying potential breakout points in trending markets. If you want to learn how to trade these breakouts effectively, mastering the Falling Wedge is essential. The Falling Wedge pattern typically forms during an uptrend and consists of converging trendlines, where the price makes lower highs and lower lows. However, despite the price being pushed lower, the momentum starts weakening, and eventually, the price breaks above the upper trendline, signaling a continuation of the prevailing uptrend . What is the Falling Wedge Pattern? The Falling Wedge Pattern is characterized by two converging trendlines, where the upper trendline slopes downward more steeply than the lower trendline. This pattern shows a decreasing range between highs and lows, and when the price breaks above the upper trendline, it indicates a continuation of the uptrend . Key Characteristics of the Falling Wedge Pattern Uptrend Prior to the Pattern: The Falling Wedge pattern forms during a strong uptrend , signaling that the market is taking a brief pause before resuming the previous momentum. Converging Trendlines: The pattern consists of two downward-sloping trendlines that converge, with the upper trendline steeper than the lower one. This shows that the selling pressure is weakening. Breakout Confirmation: A bullish breakout occurs when the price breaks above the upper trendline, signaling the continuation of the uptrend . Volume Increase on Breakout: The breakout is confirmed when there is an increase in volume, indicating strong momentum behind the move. How to Trade the Falling Wedge Pattern? Entry Point: The ideal entry point is when the price breaks above the upper trendline, confirming the bullish breakout . Stop Loss: Place your stop loss just below the lower trendline or the most recent swing low to protect your trade from sudden market reversals. Profit Target: Measure the height of the wedge and project that distance upward from the breakout point to determine the price target . Risk Management Considerations Position Sizing: Adjust your position size based on your risk tolerance and the distance between the entry point and the stop loss. Stop Loss Placement: Make sure to place your stop loss in a way that minimizes risk but still gives enough room for the trade to move in your favor. Wait for Confirmation: Always wait for the breakout confirmation, and make sure that the price action is supported by an increase in volume. What This Means for Traders The Falling Wedge pattern is an excellent tool for traders who are looking for reliable continuation trades in strong uptrends. It can help identify breakout points and offer favorable risk-to-reward setups when combined with other technical indicators. Look for the Falling Wedge pattern during uptrends to identify high-probability continuation trades. Confirm with volume to ensure the breakout is backed by strong momentum. Use stop loss placement to manage risk effectively while targeting favorable risk-to-reward ratios. Conclusion The Falling Wedge pattern is a reliable continuation pattern that can help traders identify breakout opportunities in trending markets. By mastering its formation, waiting for the breakout confirmation, and managing risk effectively, you can increase the chances of a successful trade in the uptrend . Have you traded the Falling Wedge pattern before? Share your experiences and thoughts in the comments below! Let’s continue learning and growing as traders!
NSE:ACCEducation
by TraderRahulPal