Likhitha InfraThe company is moving in an ascending channel. It gave a bounce along withe highest volume.
Chart Patterns
PAYTM - Time for it to go up?? - BOLD VIEW!Price Analysis & Overview:
1. Price is showing strength
2. Price structure change confirmation is still pending.
3. 600 area is critical.
4. Must be on radar.
5. Can be a potential multi-bagger!
6. I will plan an entry only after confirmation.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ONGC - Great Price Action Stock to Study!Retracement would be better with that said aggressive entry can also be found in the Daily time frame.
I will be posting the same in the follow-up trade soon...
- Stay updated for further insights and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
AGI on the RiseAGI has shown significant volatility in recent months, responding to broader market trends, investor sentiment, and various macroeconomic factors. As of the latest trading data, AGI is positioned to explore further upside potential while establishing key support levels that investors should monitor.
The long-term outlook for AGI appears predominantly bullish with a suggested price target of 1972 , underpinned by a strong support level at 888 . Investors, keep a close watch on significant price action around these levels.
Disclaimer: The information presented in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any securities. It is imperative for investors to conduct their own due diligence and research before making any investment choices.
KSOLVES INDIA - Price Observation & Overview1. Price is consolidating for now.
2. I need a strong BO candle to plan a good entry only if I had to!
3. Earnings are strong.
4. Volumes are dry.
5. Too many doji/ undecisive candles on weekly tf is a red flag for me in any stock. Generally, I avoid positions where wicks are excessively long on weekly timeframes.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
IGL - Testing ATH levels - Not very strong yet!Price Analysis & Overview:
1. Outlook is bullish but conviction is not string due to the price strength lack
2. Volumes are not great!
3. Price is not showing strength as expected.
4. Possibly it will retrace before bouncing back to breath the ATh levels
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
LT LT has been in long consolidation phase since start of the FY 24 within Flag of ensuing Flag &Pole with multiple hits and failed breakout/breakdown on either sides.breaking above shall give targets of at least 5000
USDCHF Sell Idea/head and shouldersThis pair has created a head and shoulders pattern. Supported by Bearish engulfing candle on 4H chart, this could be a good sell opportunity.
Indian Renewable Energy Development Agency- Breakout OpportunityDate : 5-Dec-2024
LTP : Rs. 220.86
Targets: (T1) Rs. 265 --> (T2) Rs. 310 --> (T3) Rs. 389
SL : Rs. 183
Technical View:
• NSE:IREDA was going through it's primary downtrend since 15-Jul-2024.
• After touching the high of 310 on 15-Jul-2024, it has retraced 41% to 181.40 level.
• NSE:IREDA has breakout from it's primary downtrend with higher than average volume.
• NSE:IREDA is trading above 20 DEMA and 50 DEMA since last couple of sessions.
• RSI is in buy zone and trading at 62.74. MACD has crossed 0 line on 5-Dec-2024 and trading at 1.19.
• Looking good to start an upward journey from here.
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Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
NBCC ready for a breakoutWith NBCC receiving an order of 71BN and also stock is at 200 SMA , breaking 103 will give us a good breakout.
Safe traders can take trade after it crosses 105.
Happy Trading
RCF ready for a big breakoutRCF forming a W on daily chart with good momentum chances of stocking upwards are quite high. A trade after breaking 185 can be taken for a target till 194.
Nifty Intraday Trade Setup | 6th DecemberNifty opened with a gap-up and faced rejection near our buy level 24540 in morning, broke sell level 24410 and gave good downfall towards 24295. Both targets were done for sell trade.
After consolidation at lower levels, Nifty gave a sharp up-move and gave 500 points rally from lower levels, made a high at 24857. From day high we again saw 300 points fall in just few mins, today was highly volatile session because of RBI Policy meeting decision tomorrow.
For tomorrow the range the big, trade very cautiously and be alert at higher levels in Nifty. We will look for the sell on rise opportunity.
Expectations: Highly Volatile movement.
Intraday Levels:
Buy Above - 24850
Sell Below - 24550
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
BTC ANALYSIS - BTC is BITCOINING BTC GOING TO 100K $ 📊📈🎯
BTC has been in a range for 10-12 days and was moving between 99k to 90k range and made a previous high of 99,317 $
Today BTC has broken it long time range and we can see clear volumes coming in today
So let watch what BTC does
Thanks
MANGCHEFERMangalore Chemicals and Fertilizers Ltd
#MANGCHEFER
A fertilizer manufacturing company engaged in manufacturing, purchase and sales of fertilizers.
Key Highlights:
- CMP: ₹166.1
- Consistent high return for last 5 years among Nifty500
- Annual net profit increasing for last 2 years
- Mutual funds increased their stake in last quarter
- Debt is reducing
- Management is confident to increase production of ammonium and urea plant
Merits:
1. Consistent Profitability: Annual net profit has been increasing for the last 2 years, with a consistent high return for the last 5 years among Nifty500.
2. Reducing Debt: The company's debt has been decreasing, indicating a healthy financial position.
3. Increased Mutual Fund Stake: Mutual funds have increased their stake in the company in the last quarter, indicating investor confidence.
4. Improving Operational Efficiency: Debtor days, cash conversion cycle period, and working capital days are decreasing QoQ, indicating improving operational efficiency.
5. Positive Management Outlook:The management is confident to increase production of ammonium and urea plant, which was in shutdown stage during the last quarter.
6. Near 52-Week High: The stock is near its 52-week high, indicating strong investor sentiment and potential for further upside.
Demerits:
1. High Promoter Pledge: The promoter pledge is very high, which could be a concern.
2. Merging with Paradeep Phosphate: The proposed merger with Paradeep Phosphate is still in the air, and the outcome is uncertain.
Conclusion:
Mangalore Chemicals and Fertilizers Ltd has shown consistent profitability, reducing debt, and increasing mutual fund stake. With the stock near its 52-week high, strong investor sentiment, and potential for further upside, it's definitely a stock to watch. If the company can successfully merge with Paradeep Phosphate and increase production, it could lead to a big move in the stock price, provided volume supports it.However, the high promoter pledge and uncertainty around the proposed merger with Paradeep Phosphate are concerns that need to be monitored.
Disclaimer : Post only for educational purpose. This is not a buying/ selling recommendation. Iam not a SEBI registered analyst .Do your own analysis and act accordingly.
Point & Figure, Using Grids for Trading I have made efforts in Explaining the Importance of Grid in charting software ,
This Grid system helps for Traders using Noise Less charting for Example Point & Figure
There are traders in US Market who trade Grid levels every single day , which basically help them make Good money in day Trading
Hope you like this video if you have any Questions please feel free to ask i will try to address them
Good luck
BSE Broke Major LevelsNSE:BSE broke today's Cup and Handle Pattern, although the Handle Was the same size as the cup. Good price action continues as per my previous idea.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📌Thank you for exploring my idea! I hope you found it valuable.
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👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BSE Possible Cup and Handle aheadNSE:BSE Possible Cup and Handle ahead a Close above 4990 to 5000 Will Confirm it.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
State Bank of India - Breakout OpportunityDate : 5-Dec-2024
LTP : Rs. 865.45
Targets: (T1) Rs. 912 --> (T2) Rs. 1,023
SL : Rs. 765
Technical View:
• NSE:SBIN is in primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 912 on 3-Jun-2024, it has retraced 16% to 761.55 level.
• NSE:SBIN has breakout from it's secondary downtrend with high volume on 5-Dec-2024.
• NSE:SBIN is trading above 20 DEMA and 50 DEMA since last few sessions. 20 DEMA is also trading above 50 DEMA.
• RSI is in buy zone and trading at 62.74. MACD is bullish and trading at 10.63.
• Both RSI and MACD are showing positive divergence, indicating trend reversal.
• Looking good to start a new swing from here.
Liked the analysis? Boost/Like this idea and follow my ID.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
SKIPPERBULLISH PENNANT pattern can see in this chart. Today, it has made the trendline breakout with the volume support.
EIDPARRY GOOD BREAKOUT ON DTFEIDPARRY currently at 896.40, can show a good bull run in the coming few days.
The stock has broken its ATH and might retest the new support level as shown above and fly to the moon.
EIDPARRY has always been a volatile stock, so trade safe.
PS: 898.85 is a crucial level for the stock on the 5M Time Frame, its built a resistance on 898 levels.
MANINDS reversingMANINDS reversing from its support zone and it broken its trend line, double bottom break out
so many confirmation patterns with good candle and increase in volume.
good for swing trade
PARADEEPPARADEEP has made the rectangle breakout on 30th Oct 2024. Today , it has given the trendline breakout with volume support. I'm expecting good up move in this stock.
BALUFORGE reverse BALUFORGE is reversing from it short term support line.
price is consolidating after a huge up move,
now it is again bouncing back from this consolidation support line.
quick swing can be done
