HUL: At lower end of the channel
- We are looking at Channel trade potential
- Stock has been trading in a sideways channel since July 2022
- currently trading above 21 day EMA (2419) and below 63 day EMA ( 2469)
- momentum may come in once closing is above 2470 odd levels
Rest levels are mentioned in the chart itself
Take care
Community ideas
Bank Nifty (Neowave Update)NSE:BANKNIFTY
I hope you are enjoying my forecast, if you love the content than kindly like and share it with your friends. Also keep following us for more neowave trading ideas.
Thank you
_____________________________________________
Degree full forms-
L1 stand for Long term wave 1 and so on
M1 stand for Medium term wave 1 and so on
S1 stand for short term wave 1 and so on
_____________________________________________
Key Points-
Stoploss- 44780
This needs to break for the confirmation of downside.
Support level- 45661
Use this as a stoploss for buying position
Target1 - 47200, Target-2 48800
______________________________________________
Probablities-
# we are in up cycles now, which is in sync with SC series.
So we will see bulllish ((i)) , ((ii)) and so on count.
#There is always comes a word "but" which says follow risk managment.
But Scenerios
Incase 1 support level is hit, Than stoploss also hit mean cycles is change.
Incase 2 if support level is hit and stoploss is not, than SC4 is still going
changes of case 1 is more in case of breaking of support level.
Thank You
______________________________________________
Medium Term Forecast
______________________________________________
Havells India LtdHavells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.
The company owns and operates 5 brands i.e. Havells, Crabtree, Lloyd, Standard and REO functioning in different product segments.
Fundamentally very strong company.
Divedend giving Stock.
Promoter holding is good and no promoter pledged.
Good ROCE & ROE.
Debt is less than Reserves.
Darvas Box is marked as Skyblue shaded rectangle area.
Price consolidated in this darvas Box for 2 to 3 Years.
Darvas Box upper Resistance Breakout along with Huge volume.
Breakout trade above Green Horizontal line.
Target is marked as red horizontal line.
Stoploss is marked as orange horizontal line.
Price already bounced from 100 EMA on Weekly chart.
all Price bounce from 100 EMA on weekly chart are marked with Stars.
Rest all levels are marked on the chart.
Breakout trade:-
Buy above 1500
Stoploss 1400
Target 1775 - 2500
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Bhageria : VCP Breakout#Bhageria #VCPbreakout #momentumtrade #swingtrade
Bhageria Industries : VCP breakout
>> bottomed out stock
>> Breakout with Volume
>> Good Strength & volumes
>> Low Risk High Reward Trade
Swing traders ca lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
BANKNIFTY : Expected levels of inflectionHere are the three levels or points of inflection I'm monitoring for potential entry opportunities in BANKBEES ETF. I will assess the macro and microeconomic factors that could contribute to a price decline towards these levels before considering an entry.
Feel free to share your thoughts and analysis under this post.
Previous posts regarding position and analysis on BANKBEES are attached underneath. Do check them out too.
BFUTILITIE Breakout With Volume Setup 🚀Hey traders! 👋 Today, I'm sharing my analysis on BFUTILITIE, which is showing a breakout setup with strong volume. Here's a breakdown of the setup:
📈 Setup: Breakout With Volume
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Good volume, multiple timeframe analysis done, momentum indicator support, etc.
Keep an eye on BFUTILITIE for potential upside momentum! Remember to conduct your own analysis and manage risk accordingly.
#BFUTILITIE #BreakoutSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
Professional Analysis By ShreeKrishnaHope you will listen it completely , act accordingly when time comes for booking of profits
Make sure you are in the market by growing sector wise ,
Keep calm on some Negative news which may deter the rally due to political agendas
if you have any Questions then ask me
Thanks
ASTRAL | BEAUTIFUL POLE + FLAG! | RR-1:3A strong pole & a flag consolidation is formed on Astral. Price hovering around the flag resistance indicates a breakout is highly probable. Price consolidating in All time High territory, so no resistance to the upside.
Disclaimer: This is NOT a trade recommendation but only my analysis. Please do your own research before trading.
Nifty Lifetime High, 36 years of bull rally coming to a halt ?In this video we discuss the possibilities of nifty on the yearly, monthly and daily scale. Utilizing time cycles and Elliot wave. We also utilize basic Price action and Market structure to determine the same.
The Video explanation was cut short due to how extensive the entire concept can get.
BANK NIFTY- Structure & AnalysisPositive Structure
We can see that market is making higher highs and higher lows since March 2020. As of now, the market has not violated a higher low on any occasion. As long as the market fulfills this criterion, the trend should stay positive or bullish.
The Up-Trend Line
Joining the lows of March2020 and June2022 we get an uptrend line, which coincided well with October2023 low bounce. Hence it is a valid trendline, further confirming that the market shall remain in an uptrend as long as the trendline is not violated on the downside.
The Rising Wedge
Drawing a parallel by cloning this uptrend line gives us an uptrend channel and the price action has been oscillating in the channel for quite some time. It should be noted that joining the highs of Oct2021, Dec2022 and July2023 is giving us a new shape, which is popularly known as Rising Wedge formation- theoretically negative for the market.
Why Rising Wedges are Negative?
The reason for the negative nature of the rising wedge lies in the fact that, every time when the market is making new highs it loses strength and reverts back giving us an arrow shaped structure. The price squeezes within the wedge and ultimately could not hold and breaks down.
Where we are at Present?
The most recent high formed in the market in Dec2023 tried to push it beyond the wedge range but could not sustain and reverted back vigorously to the uptrend line.
Key level for the Market
Even when we have this preliminary weakness in the structure, in my opinion, we should not anticipate a fall until a higher low is violated decisively. The most recent higher low is at 42105. So as long as 42105 holds market may tend to bounce on every pullback.
This is my take on Bank nifty chart.
What is your opinion? Do share in the comment💬 section.
Now smash the boost🚀 button! and follow for more ideas in future.
Thank you for your visit! 🙏
MACD Crossover - SUNTECK📊 Script: SUNTECK
📊 Sector: Realty
📊 Industry: Construction
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages giving crossover.
📈 Right now RSI is around 61.
📈 There is Formation of Symmetrical Triangle breakout soon.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 483
🟢 Target 🎯🏆 - 532
⚠️ Stoploss ☠️🚫 - 462
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Kotak Mahindra Bank Ltd - LongKotak Mahindra Bank Ltd - Long
As of today, suitable for Short-term Trade / Swing Trade
Buy& accumulate Area: ₹1723.83 - ₹1781.45
Stoploss: ₹1624.70
Short-Term Target: ₹1991.80
Long-Term Target: ₹2160.90
Trade and Invest Wisely with your knowledge! Good Luck!
You can also see my other stock analysis and the results in my profile ideas. Please follow me, If you would like to see more ideas on winning stocks.
**Disclaimer:
I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling.
Please do your research and consult with your financial advisor before taking any action.
I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
DOGE: Bulls Charging! Breakout Potential Looms💎DOGE has broken out of a resistive trendline and formed a W pattern on the support zone, while its price also shows a Change of Character (CHoCH) towards a bullish structure. This suggests a potential bullish move after a pullback or the breakout of the previous high (1st resistance level).
💎If DOGEUSDT breaks above the first resistance area, it will be considered a Break of Structure (BOS), confirming the bullish structure, and we can anticipate further movement towards the bullish side.
💎In the event of a pullback, we can anticipate a bounce from the support level, which also coincides with a bullish Order Block (OB).
💎However, if the price breaks below the support level, it would be advisable to refrain from trading DOGE and wait for the market structure to provide clearer signals.
JIOFIN | Swing Trade📊 DETAILS
Sector: Finance - Others
Mkt Cap: 172,142 cr
JFSL was originally incorporated as Reliance Strategic Investments Private Limited in July, 1999 under the Companies Act 1956. Jio Financial Services Limited was incorporated in July, 23. JFSL is a NBFC-ND-SI registered with RBI. The company is a holding company and will operate its financial services business through its consumer-facing subsidiaries namely Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).Jio Financial Serv
TTM PE : 564.48 (High PE)
Sector PE : 31.29
Beta : 1.03
📚 INSIGHTS
Stock not eligible for rating
8.37% away from 52 week high
Outperformer - Jio Financial Services up by 11.2% v/s NIFTY 50 up by 1.01% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Sterlite Technologies Analysis- Strong Trend Breakout: Sterlite Technologies has experienced a very strong breakout after a 5-month consolidation period. This breakout suggests a potential shift in the stock's trend towards the upside.
- High Volume Confirmation: The breakout is supported by very high trading volume, indicating strong buying interest and validating the breakout.
- Strong Candle Closing: The stock has closed strongly above the trendline and the 50-day Exponential Moving Average (EMA). This is a bullish signal, suggesting that the stock may continue to move higher.
- Technical Outlook:
- Breakout Confirmation: The breakout from a long consolidation period is a strong signal of a potential uptrend.
- Volume Analysis: The high trading volume accompanying the breakout confirms the strength of the move and suggests that there may be further upside potential.
- EMA Support: Closing above the 50-day EMA is a positive sign, indicating that the stock is gaining strength and may continue to rise.
### Conclusion:
Sterlite Technologies has experienced a very strong breakout after a 5-month consolidation period, with high volume confirming the move. The strong candle closing above the trendline and the 50-day EMA further supports the bullish outlook for the stock. Traders and investors should monitor the stock's price action for further confirmation of the uptrend and consider potential entry points based on their trading strategies.
XNGUSD | Forex | NG Breakout XNGUSD || Update |Feb 21st
Timeframe: 1-hour
After a gap-up opening, Natural Gas (NG) appears to be range-bound.
Strategy: Currently, the trend suggests a move towards the resistance level at 1.861. The price action indicates a consolidation phase, and the market is poised for a potential upward movement.
Key Level: Keep a close eye on the resistance level at 1.861 as a potential target.
This analysis is based on the, providing insights into the current market dynamics for Natural Gas. No financial advise!
Litton Ready for $1000 in bull market?#LITECOIN will pump very hard, you bid yet or not?
- CRYPTOCAP:LTC - Litecoin Price Projections:
Bullish short & long-term outlook based on Past market history.
- Price Targets:
Short-term: $500
Long-term: $1,000-$1,400
- Accumulated substantial LTC holdings during the recent dip. Ideal risk/reward entry point secured.
- Next Steps: Will provide updates on exit strategy specifics as bull market momentum accelerates. Locking in gains at optimal intervals is the priority.
