Long term 2 about to be done - Might test some more patience!Gulpoly had a strong run post Covid - part of the chemical stack.
EPS has started improving in June results.
Expecting the correction in wave 2 to be over anytime soon, and a major run up in Wave 3 to start.
It might test patience in short term, but the results should be sweeter.
Contains IO script
Long term bullish with VCP/ Cup and Handle play in mid termFor India to become to grow Energy Independence will be the key lever. It starts from expanding Upstream capacity in Oil - which is where HindOil plays.
We are in 3 of Long term (Monthly) and 3 of mid term (weekly) with 3 of short term (daily) just finished.
Look for reversal signals to enter and enjoy the ride.
Short term target 415. No SL required - ride till 2030. :)
AARTI INDUSTRIES ABCD PATTERN WITH CLUSTER OF SUPPORTSAarti Industries Ltd. is an interesting stock gaining momentum with following
1. RSI on all time frames (DWM) above 60 or almost at 60
2. ABCD Pattern under formation on weekly chart
3. CUP and Handle / Reverse Head and Shoulder Like pattern on monthly chart
4. Cluster of Moving average supports between 680-714 levels (14 /20/50/100 Day Simple Averages and 20 Week SMA)
5. Price trading near Upper Bollinger Bands on all time frames.
6. Narrowing Bollinger Bands on daily chart
7. Super Trend Turned buy on weekly charts in last 2-3 weeks and price sustaining above the same.
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.
Brace For Impact:The Downturn Has Begun?Tradeplan#Nifty50 130824First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
*Trend is down
*Trade plan: Sell On rise/ 24360 will act as a strong resistance.
*for Critical levels & detail analysis see the Video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
Who Will Win? Bulls or Bear? #Tradeplan #Nifty50 13th Aug 24First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
*Trend is UP
*Trade plan: Buy on Dip
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
Potenial Move in JMAAn inefficiency was was created by the price, which was later filled. Price then went on to stay in a range but it tried giving breakout moves to grab BSL and then dumped to grab SSL. I can see some support from downside because price is not breaking previous external low. Buying near VWAP for best entry price
NIFTY MEDIA- PIC PERFECT BAT PATTERN ON WEEKLY CHART Nifty Media is an interesting index chart with following
1. RSI above 55 on all time frames i.e. DWM
2. Index consolidating between 1600-2500 zone since 2021
3. Narrowing Bollinger Bands on weekly chart
4. Price trading near upper Bollinger Bands
5. After completion of Cypher Pattern on weekly chart Index now forming BAT pattern on weekly chart with price above 20 Week SMA
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
Trendline Breakout in EPIGRAL
BUY TODAY SELL TOMORROW for 5%
AWL : CYPER PATTERN - CLUSTER SUPPORTS -EIFFEL TOWER VOLUMEAdani Wilmar Ltd. is an interesting chart with following
1. RSI on daily and weekly above 60
2. Price Consolidating between 285- 390 for almost last 8-9 months
3. Price trading above 14, 50, 64, 100, Day SMA and Above 20,50 Week SMA
4. Cluster of Averages support at 340-342-346-350 zones
5. Super Trend turned bullish on weekly chart
6. Cyper pattern under formation on Weekly chart.
7. Price gain with huge Eiffel Tower like Volume Bars.
Can be a good risk reward with buy on dips and dips near cluster of support and / or above 400 levels once price breaks out of consolidation channel and retests the same as per one's own risk reward setup
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.
RAMCOCEM PERFECT BAT UNDER FORMATION WEEKLY CHARTRAMCO CEMENT
1. Weekly Bat Pattern under formation
2. Price Taking Support at 20 SMA (Daily and Weekly) 804-807 levels respectively
3. Narrowing Bollinger Bands on daily and weekly charts with Price constantly sustaining above middle band
4. Double Bottom visible on Weekly charts
5. Can be a low risk bet to buy on dips and dips with stop loss below 20 Week SMA
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.
PVR INOX A PICTURE PERFECT BAT PATTERN UNDER FORMATION ON WEEKLYPVR INOX is forming BAT pattern on weekly chart
its double bottom
Price taking Support at 20 Week SMA i.e. 1394 so can be a good Risk reward to buy on dips and dips only as per one's own risk rewards
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.
NYKAA(FSN E-Commerce) A PIC. PERFECT DARVAS BOXES BREAKOUT FSN E-Commerce Ventures Ltd. is an interesting chart with following
1. RSI on daily and weekly above 60
2. Price consolidating in picture perfect "DARVAS BOXES" on weekly chart
3. It consolidated in first box from jan-2023 to nov 2023 and
4. Then consolidated in second box from Nov-23 to July 2023
5. Made Breakout from Second Box with high volume
6. ABCD pattern under formation on weekly chart
7. Narrowing Bollinger Bands on weekly chart
Fundamentally Working capital cycle of company has improved from 81 days to 56-57 days
Can be a good risk reward option with buy on dips and dips only with support near 175-182 zone
Lets see How it evolves from here further
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.
kokuyo camlin- An interesting Price breakout with volume ABCD Kokuyo Camlin Ltd. is an interesting chart in momentum
1. RSI on all time frames above 60
2. ABCD pattern under formation on weekly chart
3. Price Breakout after almost 3 month's consolidation
4. Breakout with high volume on weekly close basis
Can be a good risk reward with buy on dips and dips only as per one's own risk reward
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.
Dr reddy bullish tgt 6700-6880-6950 28/04/24Dr reddy tool Support at major Support level of 5860 and bounced back
Volume rising
ABCD Pattern under formation on weekly chart
SL below 5800
lets see how these evolve
Disclaimer: 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.
GABRIEL TGT 450-466 SUPPORT NEAR 358-366
Gabriel India Ltd. is an interesting chart with following
1. Price Rise with huge volume
2. RSI on all time frames above 60 (DWM)
3. Better Risk Reward with 20 SMA (daily and Weekly) Support near 358- 365 zone
4. immediate resistance 450-466 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.
LARSEN TURBO DOUBLE TOP TGT 3350-3240 04.05.2024Larsen & Toubro Ltd. seems to be an interesting bearish chart with following
1. Inverse Head and Shoulder kind pattern on daily chart
2. RSI on daily crossed below 40
3. Price Crossed below 20 SMA on Weekly chart
4. Negative RSI divergence on weekly chart with price making new highs and RSI making lower highs
5. Can be a good risk reward for short with stop loss above 20 SMA daily and for a TGT of 3350 - 3240
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.






















