Homefirst Finance seems good for the upcoming month which has earnings in December, it is also near its ALL TIME HIGH with WEEKLY action looks like the price is CONTRACTING or SUPPLY ABSORBTION, alse fundamental rise in QTR profits with GOVT Housing PUSH. 200 EMA is just a bit of concern as it is lacking.
Earnings impact has made NSE:INTELLECT a very clean chart with great upside. I have simplified the chart for everyone by removing the noise. Keep a target of 850 with a stop loss at 610. Go Long.
What I see : I see good trendline supportive Earning about to come and price has fallen quite a lot about 12% from top This can be a good risk to reward trade if taken with proper system Rest is expalined well in the video Happy trading :)
UPL is showing slow upward momentum and nearing Q1 earnings release, so a small long play is suggested
The stock is forming multiple patterns on weekly as well as daily charts, with good volume inflow. In January it staged a failed breakout, and went down forming a down trending channel of 6 months (also the Handle of the log term C&H Pattern). After yesterday's earnings result, it broke out of the channel, and followed up with great price action and even higher...
The stock is showing some very interesting price action despite the sector being quiet in the last few days. A Gap up opening one day before earnings. Notice the massive volume clusters during the rounding bottom formation. It broke out of long time resistance on very high volume and followed through with absorption volume. Came back on low vol to test the...
Great find by @monkmaxims The stock made a 2yr Inverted Head and Shoulder Pattern on weekly chart. It gave a 9 month channel breakout on 4th May with very high vol. After 15 odd sessions, price has come back to retest its long term breakout level on very low volumes. Also co-inciding with result date, showing a good set of earnings (60% rise in YoY EPS.) Sector...
Good results, may breakout anytime soon. Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many...
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the...
Media sector is doing well for the last 3-4 days, we have seen some good breakouts in the sector. Could this be next big breakout? Moving along with sector. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily...
Heading for a Breakout on earnings. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM,...
It gave earnings gap up on 16 nov. Its also BGU (buyable gap up) setup by Gil morales. Volume is 700% above avg which is just too much. On friday, held the BO line giving a pullback buy. So, high probability setup.
ITC in a breakout positon Earning is on 25th may 1. 7%+ rally before earning season 2. divergence on money flow 3. resistance on 190-193 level (Technical analysis) 4. Resisitance as per option chain data is at 200. Option chain data Resistance strike 200 call - 33.5 lakh OI Support at strike 180 put - 14.8 lakh oI Bear looks more powerfull here. Trade plan...