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.
Contains IO script
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%
Long AMI Improving Fundamentals
tailwinds in health sector
breaking out of 5 weeks of consolidation
cmp 1260
sl 1190
target 1500
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.
Banknifty 47900 PE Head and Shoulder PatternNSE:BANKNIFTY240515P47900
This looks bullish with support as drawn in chart
The head and shoulders pattern is a technical analysis pattern used by traders to predict trend reversals in financial markets, particularly in stocks, currencies, and commodities. It is named for its visual resemblance to a human head and shoulders.
Here's a breakdown of the components:
1. **Left Shoulder**: The pattern begins with an upward price movement (bullish trend), followed by a peak. After reaching this peak, the price retraces somewhat but doesn't usually drop significantly.
2. **Head**: Following the left shoulder, there's a higher peak formed, indicating a further increase in price. However, this peak is usually higher than the left shoulder and is followed by a significant decline in price.
3. **Right Shoulder**: After the decline from the head, there's a partial recovery in price, forming the right shoulder. However, this recovery typically doesn't reach the same height as the head. The right shoulder is then followed by another decline in price.
4. **Neckline**: The neckline is a support level formed by connecting the low points of the troughs between the left shoulder, head, and right shoulder. It acts as a crucial level for traders, as a break below this neckline is often seen as confirmation of the pattern.
5. **Volume**: Volume analysis is also important in confirming the pattern. Typically, volume is higher during the formation of the left shoulder, decreases during the formation of the head, and increases again during the formation of the right shoulder.
6. **Breakout**: The confirmation of the head and shoulders pattern occurs when the price breaks below the neckline. This signals a shift in market sentiment from bullish to bearish and often leads to a significant downtrend.
It's essential to note that while the head and shoulders pattern can be a reliable indicator of a trend reversal, it's not foolproof. Traders often use other technical indicators and analysis methods to confirm signals before making trading decisions. Additionally, false signals can occur, so it's crucial to consider the broader market context and risk management strategies when trading based on this pattern.
MRF BEARISH WITH VOLUME - TGT 127000- 124000 04.05.2024MRF is turning bearish with following technical reasons
1. RSI on daily crossed below 40
2. Price crossed below 20 SMA Daily with huge volume
3. Bearish Marubozu Candle on daily chart with high volume
4. Price trading below 20 SMA (weekly) for last 4 weeks
5. Super trend is continuously bearish on daily chart and now minor super trend support on weekly is at 127700 levels
Can be a good risk reward with Short near 129000 and with stop loss at 130000 for 127000-124000
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 GODREJCP
BUY TODAY SELL TOMORROW for 5%
EPL Analysis & Prediction in DTFThis is the analysis of EPL 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 EPL :
EPL Ltd. engages in the sale of collapsible laminated and plastic tubes. It operates through the following geographical segments: Americas; Europe; Africa, Middle East, and South Asia (AMESA); and East Asia Pacific (EAP). The Americas segment includes operations in the USA, Mexico, and Colombia. The Europe segment comprises of operations in the UK, Germany, Poland, and Russia. The AMESA segment involves in operations in Egypt and India. The EAP segment conducts operations in China and Philippines. The company was founded by Subhash N. Chandra on December 12, 1982 and is headquartered in Mumbai, India.






















