If's And But's Scenarionoticed all coins have pushed their limits except for FLOW. it is still hidden (IF) only (IF) a bet a blind bet you want to take for 10X . this can be one of it. Still accumulating under large scale if at all it comes back to the box and we see a breakout 2-3X is foresure.
not a financial advence just my theory on the basis of charts.
Contains IO script
Capacite Infra, another good Infra stock-Posted good results
-Why i am liking this setup so much is : Its rejection from 200 ema(yellow line), that means its staying very little in Stage 4, means strong buying by Institutions (Lots of white dots : 5% move with 1M vol)
-Recovered fast from 4th June (election result day) bloodbath, again strong stock sign.
-in Tightness phase (volume drying), needed consolidation as already moved 25-30% from 200 ema
-21 ema slope up
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
JK CEMENT 4403-4580-4840 SL 3950-4150 ZONE
$JK Cement Ltd. is an interesting chart with following
1. RSI on daily and monthly above 60
2. Narrowing Bollinger Bands and price Walking on upper Band on daily charts
3. Price crossed above 20 Week SMA last week forming a hammer
4. ABCD pattern under formation on weekly chart
5. Increasing relative strength on both benchmark and sectoral index
6. Price gain with rising volume
Can be a good risk reward to buy on dips and dips only with major support near 3950- 4150 being 20 D/W SMA and 4027 being 50 DMA and next resistance being 4403-4580 -4840-5160 zones
Lets See How it evolves
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
GUJGAS LTD BULLISH - 628-665-713 SL 550 Gujarat Gas Ltd. is an interesting chart with following
FUNDAMENTALS
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 21.0%
Company has been maintaining a healthy dividend payout of 24.9%
"TECHNICALS"
1. RSI on all time frames (DWM) above 60
2. Narrowing Bollinger Bands on Weekly chart
3. Price walking on upper Bollinger Band on daily chart
4. Both SRS and ARS above zero
5. High Trade and delivery quantity during week
6. Stock outperforming sectoral index in both 1 week and 3 months
A Good Risk reward with Major Support at 550-556 zone being 20 Day and 20 Week simple Moving Average and ABCD pattern under formation with next resistance at 628-665-713 respectively
lets See how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
Accuracy Shipping - For Penny stock holders - buy above 10Accuracy Shipping - Sector tailwind and hence publishing it.
Its a penny stock, and i suggest to not to put more than 1% of your capital.
This stock can be best added above 10.
With Strict Stop Loss of 8.20
Disclaimer : Please exercise caution while dealing with Penny stock. During sector tailwind many stocks will run. This is more speculative and purely on technical analysis.
Range breakout signal plus confirmation is observedExtraodrinary shake out candle and raising prices indicates
1. Range resistance line as first target
2. futher targets drawn may also achieved after supply absorption at range top
long consolidation already removed maximum supply at these levels
shakeout candle tested supply at bottom comfortably
sector support gives addtional confirmation
Price is ready to move after accumulationIn Weekly and Daily Time frames, accumulation is done in the complete zone.
Any minute supply near Resistance is being absorbed in this week by Big players.
Bullishness is clearly visible in 75min TF.
Futures can be taken at current price.
Good sector support is additional confirmation.
Nifty50 Channel Breakout Confirmation: Key Level to WatchWe are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.
LICI -long for 25 % Technical reasons
1. price above shorter ,medium and long term EMAs
2. 18>50>100>200 day EMA suggesting bullish momentum
3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero)
4.price restesting the horizontal trendline (IPO level),18 day EMA
5.Inside bar formation in weekly charts above 18 day EMA
6.aymmetrical traingle BO
target and SL marked
TexRail, Strong stock from strong sector-Posted Good results, EPS YoY 132% n 43% QoQ growth (thats type of growth in earnings you want to see in stocks you want trade)
TA:
- Mother Candle: 4 days Insidebar Candle
-Green Vol > Red Vol
-Consolidating near previous high BO level = constructive sign
-Good flushing of sellers
-Good Shakeouts, when price go below major ema, here both 21/50 emas, n rally back upside.
-Making HLs
Overall high priority stock for trade, buying above 202
Note: No buy/sell recommendation
Cipla LTD Market Direction Prediction with the help of EWHi Folks,
I am not a SEBI registered analyst; this analyst is based on my observation. i am not given Buy/sell or Sell/Buy any signal this just for learning purposes, Investor can use this to identify swing trade or positional trade setup if they know how to use price action.
Here we can see Cipla LTD, is trading about 1500 level, this is very curtailing level market direction would consolidate lil bit and then rally in up direction.
Cipla has completed (iv) macro wave and continue with sub macro 3rd wave, which can go up to 1.618% or more of Project from sub macro i and ii. once level 1500 broken it can rally much faster then any stocks.
Long:-1501
Stop Loss:- 1396
Target:- 2000.
Please consider with your SEBI register analyst before taking any trade.
MOTHERSON AnalysisFOR LEARNING PURPOSE
Late Post
MOTHERSON - The current price of MOTHERSON is 140.15 rupees (Now its around 143.70)
I am going to buy this stock (already bought today) because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with good volume
3. Its making a ATH now by going sideways for some good time. Also, its breaking 6-7 year resistance
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable
6. This stock has underperformed in last few years but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks
7. The latest result is good (not that great)
So if you are weak heart, avoid it.
I have bought it with minimum target of 35-40% and then will trail after that.
My SL is at 120.85 rupees
I will be managing my risk.
JBMAUTO TGT 2055-2180-2440 SUPPORT AT 1850-1900 ZONEJBM Auto Ltd. is an interesting stock with following
1. RSI on all time frames DWM above 60
2. Narrowing Bollinger Bands on Daily/ Weekly Chart
3. Price moving on upper Bollinger band on daily chart
4. Rising trade and delivery volume on daily and weekly charts
5. ABCD pattern on weekly chart
6. Major Support at 20 SMA Daily and Weekly at 1900-1870 levels
7. 50 DMA support at 1854 levels. so cluster of supports in 1850-1900 zone
can be a good risk reward with buy on dips and dips only with Stop loss below cluster of support zone 1850-1900 levels and next resistance at 2440 once price crosses above 2055 levels.
Lets see how it evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout)
-Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal.
-Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside)
-Signal Candles: Big Green Candles with vol showing buyers in action.
NTPC, another PSU posted solid results and in good setup. Results:
Solid Q4FY24
Rev at 47622cr vs 44253cr
Other inc at 1194cr vs 491cr
PBT at 8375cr vs 6026cr, Q3 at 5134cr
PAT at 6490cr vs 4871cr, Q3 at 5208cr
Solid QoQ and YoY uptick
OCF at 40784cr vs 47151cr
TA:
Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.