GPIL - Weekly Chart AnalysisAfter an ATH breakout the stock went little upside and then went into a 10 weeks consolidation forming base of 18% range in 10 weeks and finally coming out of the base.
Quarterly results came out are decent. Promoter holding have came down a little and Fii holdings have increased.
Price is trading above all the key moving averages.
544-577 shall now act as a support now and a weekly close below this and if it sustained thereafter would invalid out view.
On the upside 785 - 940-945 would be the levels that can be tested in the future.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Contains IO script
PURVA Analysis & PredictionThis is the analysis of PURVA in Daily Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the 2 YEARS HIGH with volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About PURVA :
Puravankara Ltd. engages in real estate development. Its projects include Zentech Business Park, Purva Meraki, Lakevista, Orient Grand, Park Hill, Celestial, Hibiscus, Bluebelle, Oakshire, Aerocity. It also focuses on ready-to-move (RTM) properties. The company was founded by Ravi Puravankara in 1975 and is headquartered in Bengaluru, India.
ENGINERSIN Analysis & Prediction in DTFThis is the analysis of ENGINERSIN in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About ENGINERSIN :
Engineers India Ltd. engages in providing engineering, technical, and consultancy services. The firm operates through the following segments: Consultancy & Engineering Projects and Turnkey Projects. The company was founded on March 15, 1965 and is headquartered in New Delhi, India.
G R INFRAPROJECTS AnalysisFOR LEARNING PURPOSE
G R INFRAPROJECTS LTD - The current price of G R INFRAPROJECTS LTD is 1538.05 rupees
I am going to buy this stock 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 2Y high by going sideways for some good time.
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable and share holding has been good.
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 fundamental is not that great so it is more of a undervalued stock for me. So if you are weak heart, avoid it.
I am going to buy this on Tuesday with minimum target of 35-40% and then will trail after that.
My SL is at 1320 rupees
I will be managing my risk.
PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700
1. RSI on monthly chart near 40 support
2. Price formed double bottom last week on weekly chart
3. Harmonic Bullish BAT pattern completed and next patter under formation
4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase
Good Risk reward as pattern / trade fails below 1230 which will act as exit zone
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.
ACTION CONSTRUCTION TGT 1695-1740-1890 SL BELOW 1256 POSITIONALAction Construction Equipment Ltd. is an interesting chart with following
FUNDAMENTALS:
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 24.9% CAGR over last 5 years
Debtor days have improved from 45.9 to 28.6 days.
caution: Promoter holding has decreased over last 3 years: -3.29%
TECHNICALS.
1. RSI on all time frames (DWM) above 60
2. Stock Strongly outperforming Benchmark index and sectoral index
3. Both SRS and ARS above zero
4. Close within 52 Week High Zone
5. Stock making higher highs for last 3 consecutive trading days
6. Higher Trader and Delivery quantity this week
7. ABCD pattern under formation on weekly chart
8. Narrowing Bollinger Bands on daily chart
9. Price crossed above and is taking support at 20 SMA on daily chart
can be a good risk reward to buy and buy on dips with stop loss below 20 SMA for an immediate resistance at 1695 being ATH zone and thereafter for a Blue Sky zone as per one's own risk reward matrix
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.
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.
RESISTANCE Breakout in ESABINDIA
BUY TODAY SELL TOMORROW for 5%
Trade setup on Axis Bank for long.Hi All, I am Elliott wave analyst and i am more focused on Nifty 50 stocks, my trade idea would help learner/investor to identify the trade setups and market direction. I am not Sebi registered analyst, nor this information is for Buy/Sell or Sell/Buy. '
Investing or Trade setup:-
We are in uptrend and completed 4 Subminute wave now we are looking for Micro 1 and 2. as we have completed micro 1 looking forward to retracing market approx. 38.2 - 61.8 and once micro 1 is broke can plan for trade setup.
Long Trade: -1186
SL: -1063
Target: -1500 or 2 ATR.
will keep on updating as price moves.
Banknifty Analysis & Prediction in DTFThis is the analysis of Banknifty in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
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.
Pennant Breakout in PENINLAND
BUY TODAY SELL TOMORROW for 5%
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 DYCL
BUY TODAY SELL TOMORROW for 5%
Siemens india call options One can go long as Siemens is going to declare result today. All moving averages and leading indicators are showing very strong momentum.
Target’s and stoploss are marked on chart
Hangseng Tech - Change in Wave counts!HSTECH has gone through a deep correction in last few years.
My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade.
We have completed Wave 1 and 2 and Wave 3 has begun.
Within wave 3, just minor 1 has been done and wave 2 correction going on.
View negates if we break 2990.
MAHKTECH is an ETF in India for trading this index.
Disclaimer: Invested.
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 SELAN
BUY TODAY SELL TOMORROW for 5%
ASTRAL LTD AnalysisFOR LEARNING PURPOSE
ASTRAL LTD - The current price of ASTRAL LTD is 2158.65 rupees
I am going to buy this stock 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 by going sideways for some good time after trying and failing many times.
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
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 1930 rupees
I will be managing my risk.