Get started

Consolidation

ASIANPAINT Trade Setup For Tomorrow ( 22nd July)So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it. . 1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068. . 2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share. . So for tomorrow, there is a simple Strategy, Asian Paint share will retraced till .5 level mean till 3106 or 3083 . At the retraced level you should buy for the targets of 3270. . . Note: Don't buy in the morning maybe after making one green candle stock will retraced, so buy only once it retraced. . What's your view on this comment below in the box.
NSE:ASIANPAINT
by neerajlalwani081
Stock Analysis of Cadila HealthcarePrice - 622.50 Dt. - 20.07.2021 The stock is consolidating from May 10 and on 20th July stock took the support of a lower horizontal line and managed to close above the 50DEMA. The stock broke the 21 DEMA which was acting as a support for the last few days. Nifty Pharma may start moving up from the next trading sessions. If the stock starts moving up from Thursday and if it is above 630 after 1 pm with high volume then it would be a buy signal with the target of 670.
CLong
by mr-sky
Mentorship InstaView 16 July’21: Consolidation is better than Co
Nifty View: A flat unit point's negative close for the benchmark Nifty index in today’s session to end the week. On a week-on-week basis, it was however a better performance as the index gained over 1.35% or 213 points and post a new life high. The index is essentially consolidating this recent rally with today’s flat close which has taken the shape of a “Bearish Harami” pattern on the daily time frame. I will reiterate my view that the only worry for the next couple of trading sessions will be if the index slips down and breaks below 15,775. Or else we should do fine and short tern consolidations like we experienced today is healthy for the underlying uptrend. Keep a bullish stance and look to add long positions. Thank you for following my work and please feel free to share your thoughts and suggestions.         Trade Well. Trade Wise. 
NSE:NIFTY1!
by Abhijit_Paul
#SPICEJET .. Consolidation is happening.. Buy opportunity soonAll analysis is presented on charts. Added to watchlist. To understand higher timeframe structure you can see below Currently stock is consolidating as can be seen on the chart. The buy opportunity will present after strong bullish closing above 84 levels with good volumes. Due to the monthly trend line i think tgts of 90 are more likely. At least price is going to stall there for a bit. If a breakout from the higher TF Sym Triangle happens then that can be hugely bullish depending on closing and volumes. PS- Thank you @Averoy_Apoorv_Analysis for sharing this idea. I always like your content. PPS- Link to the original idea is in the links below. Please refer to Apoorv's video for an exceptionally detailed explanation of what is going on here. I have tried to only build upon what Apoorv originally presented.
SLong
by Munchkunster
HCLTECH 1D - What Else You Need for good setup1) Price approaching multipoint support 2) Price approaching 200DMA 3) High volume on 26Apr2021 with no major follow up 4) High volume low and 200DMA price level is almost same. So possibility of high volume area test along with 200DMA support test 5) Quarterly results on 19July2021 Keep this on your radar. Can be a possible candidate for short term positional (first resistance 1060) if you see good wide range bullish candle after any of the above point is tested. Alternatively, one can take short term position if we see consolidation breakout with good volume.
NSE:HCLTECHLong
by LetsTrade123
10 Star analysis on NBCC - 10% possible move 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins ✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows ✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges, and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts ✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position. ✣ Supply/ Demand: In the supply zone, the prices are higher than the bid price, and in the demand zone, they are lower. The bid price is what a trader is willing to pay for a stock 👑 Important levels - explained well 👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :) ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. ☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
NSE:NBCCLong
by Averoy_Apoorv_Analysis
3
DLF 10 YEARS BREAKOUT [ COMMING OUT OF HIBERNATION]DLF Has given a big breakout after almost 10 years of consolidation.. Though the breakout happened earlier it got failed because of covid second wave. It has formed a big base at the bottom and usually the more bigger the base , the bigger is the upward move. Its like constructing a building , the bigger the base below the ground the stronger and taller is the building. Real estate sector is in boom. There are few reasons behind it. First of all RERA Act has reduced a lot of uncertainty and fraud in the sector. The owner of the land are looking for bigger developers . Developers now have to open a escrow account for all transaction and make particular compliance certificates for environmental, fire , legal etc. Skilled and educated people are now working and are being employed , where as earlier all unskilled people where working. The real estate sector is at almost rock bottom, so valuations are good. This sector can take time to move but looks really good both fundamentally and technically. The Stock can take time to move Bearing the fact that there have been problem in this sector and company. But the targets are very high.
NSE:DLFLong
by adarshmanojsingh
Late night Technical analysis talk - Give me 12 mins if possible👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins ✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows ✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts ✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position. 👑 Important levels ( also most of it depends on your entry and mindset during trading hours ) ✣ A 1hr close on 685-687 levels can trigger a breakout as explained in the terms section above ✣ Risk of 3% can be taken at the point = 660 points to be specific from entry ✣ Targets can be 1- 722 and 2- 750 for your 5% and 10% up move profit booking of the initiated swing trade 👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :) ⌛ Motivational and psychological area ⌛ ✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :) 🎓🎓 Some info about me :) ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. ☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
NSE:BHARTIARTLLong
by Averoy_Apoorv_Analysis
16