OIL bullish for short term upside to 550Hello Everyone,
Have spotted a bullish pattern on the chart that can take the prices to 510-550 in the short while.
Points to note:
> Out of all, Oil sector is showing some strength.
> OIL has seen recovery for the current support levels multiple times in the past.
> Trading above 100EMA with good volumes.
> Hammer spotted
Important leves:
Support: 464
Resistence: 450
Entry Levels: 485-490
Exit Levels: 464 or trail with EMA 100 once it breaches 500 levels.
Risk to Reward: Optimal Entry 485 – Target 550 = Almost 3x Reward to Risk
Community ideas
Maha Apex - Bottom Fishing The chart shows that the stock price has been moving in a parallel channel since August 23. This moment, again comes to the lower edge of the channel. If the pattern continues and gives a bounceback, it could be a good opportunity with a good risk-reward ratio.
The stock has been consolidating in a narrow range in recent sessions.
MACD shows a likely reversal too.
All important levels are mentioned on the chart.
One should keep the position size according to risk management.
This illustration is only for learning and sharing purposes, not trading advice in any way.
All the best.
Stock Analysis: #AEGISLOGHello, Traders! 👋
I’m currently tracking #AEGISLOG for a potential swing trade. Here's what I see:
📈 Technical Overview:
🔹 The stock is approaching key levels, which I’ve marked on the chart.
🔹 Watching for a breakout or reversal to confirm the next move.
🔹 Volatility seems manageable, making it suitable for a swing setup.
⚠️ Disclaimer:
🔹 I am not a SEBI-registered advisor.
🔹 This analysis reflects my personal views and is not a recommendation to buy or sell.
🔹 Shared for learning purposes only—please do your own research or consult a professional.
Are you tracking #AEGISLOG too? Share your thoughts below! 🚀
#TradingView #StockAnalysis #SwingTrading #AEGISLOG
JAI-CORP - fell 50 % in 3 days ?"Jai Corp's Recent Dip: A Long-Term Wealth Opportunity?"
Why the Dip? A poorly received deal caused a 45-50% crash in just three days.
What's the Positive? Technically strong setup and promising promoter holding.
Investor Insight: With a holding period of 1.5-2 years, this could be a wealth-building opportunity for patient investors.
There are multiple reasons to hold this script.
Kindly view the charts for technical view.
Precautionary Note:
Investors should consider their risk tolerance and financial goals before investing. Regularly monitor developments related to the company and consult with a financial advisor if needed. A diversified portfolio remains key to managing risks effectively.
Bharat Electronics Ltd (BEL)Observations:
Demand Zone : Identified between ₹269.50 and ₹280.80.
Supply Zone: Identified around ₹330.75.
BOS (Break of Structure) : Price has broken a significant structure, indicating potential bullish momentum.
CoCH (Change of Character) : Transition from bearish to bullish sentiment is evident.
Entry Point:
Enter long near the demand zone (₹269.50–₹280.80), preferably closer to ₹280 for better risk-reward.
Stop Loss:
Place the stop loss slightly below the demand zone, around ₹269.50.
Target (Take Profit):
Primary target at ₹330.75 (supply zone). This offers a favorable risk-reward ratio.
Risk-Reward Ratio:
Risk: Approx ₹10–₹15 (entry to stop loss).
Reward: Approx ₹50–₹60 (entry to target).
Additional Confirmation:
Monitor price action at the demand zone for bullish candlestick patterns or volume spikes before entry.
Invalidation:
Trade setup is invalidated if the price closes below ₹269.50 on higher timeframes (e.g., daily chart).
SBICARD Price is at break even levelSBICARD made a like double bottom in daily time frame and the price is currently trading at the neckline of the double bottom. If it breaks the neckline, a momentum setup will be formed here and we will entre on the breakout candle. The stoploss below the breakout candle and target will be Rs 808.
Bata India Ltd. bottom fishing opportunity The chart of Bata India Ltd. is showing a bullish breakout from a Symmetrical Triangle Pattern. As the stock nears the apex of the triangle, a breakout above the descending trendline at approximately ₹1,500-₹1,550 would confirm the upward momentum. This breakout, accompanied by strong volume, signals the potential for a substantial price movement. The target for this bullish move can be projected to ₹2,000-₹2,200, based on the height of the triangle. Traders can enter above ₹1,500-₹1,550, with a stop-loss placed near ₹1,400, offering a favorable risk-reward setup as the stock breaks out of its consolidation phase.
NIFTY'S DARK CLOUD COVR WILL IT FORM BOTTOM OR FALL FURTHER ?
Nifty 50 which has formed this two candle pattern (green Candle followed by Red candle covering almost 50% or more of previous green candle body) in some instances it is perfect Dark Cloud Cover Candle Pattern
Just check similar pattern was formed on following dates
15-oct -24 --- Followed by bearish trend and fall in prices
17-Nov-24 --- Followed by Bearish trend and fall in prices
16-Dec 24 --- Followed by Bearish Trend and fall in prices.
So Now what does it hold ?
Just check closely Prior to 16th Dec 2024
1. Nifty was forming Lower top and Lower Bottom
2. RSI was sloping down wards
However during 3rd Dec,24 to 15 Dec 24 nifty formed a High top and
Formed Higher bottom on 1st Jan-2025.
and RSI is now sloping upwards
Now same pattern appears on NIFTY chart again
what do you think will happen on index now ? Share your views
Will Nifty hold its higher low and move upwards ?
Or
Will it continue its down trend again ?
Bullish Reversal from Order Block at TrendlineKey Observations:
Order Block: A strong bullish order block is aligned with the ascending trendline near ₹500-₹491, suggesting a high-probability support zone.
Trendline Support: The price is respecting a long-term ascending trendline, which acts as a dynamic support level.
Change of Character (ChoCh): A bullish change of character has occurred, breaking out of the downtrend channel.
Trade Plan:
Entry:
Early Entry: Near ₹525 on a retest of the breakout zone.
Conservative Entry: Near ₹500-₹491, aligning with the order block and trendline.
Stop Loss:
Below ₹490, invalidating the bullish order block and trendline support.
Targets:
Target 1: ₹580 (recent swing high).
Target 2: ₹638 (pattern projection based on the breakout move).
Risk-Reward Ratio:
Highly favorable, especially for an early entry near the trendline.
Indicators for Confirmation:
RSI: Currently rebounding from oversold levels, showing bullish momentum. A sustained RSI above 50 will further confirm strength.
Volume: Watch for increasing volume near the breakout or retest zones.
Strategy Notes:
Early Entry Caution: For aggressive traders, entering near ₹525 may involve higher risk. Monitor for confirmation (e.g., bullish candlestick patterns or volume spikes).
Scaling In: Consider scaling into the position if the price holds the ₹500-₹491 zone with bullish price action.
Exit Plan: Trail your stop-loss as the price moves towards targets to lock in profits.
Chart Analysis for Bajaj Finserv Ltd. (Weekly Timeframe)The stock is forming a bullish triangle pattern, a classic continuation pattern signaling potential upside. The price is respecting the ascending trendline, showing strong support near ₹1,700 levels, while the upper resistance line has been tested multiple times. This signifies increasing buyer strength.
Key Levels to Watch:
• Support: ₹1,698
• Resistance (Breakout Level): ₹2,050
• Target Price (Post Breakout): ₹2,336 (derived from the triangle’s height projection).
• Stop Loss: ₹1,515 (below the trendline support).
Short-Term Long Trade Setup
• Entry: Around ₹1,700, once the price shows bullish confirmation (e.g., reversal candlestick patterns or high volume).
• Target: ₹2,050 (short-term) and ₹2,336 (medium-term).
• Stop Loss: ₹1,515 to manage risk effectively.
Market Sentiment:
The stock shows a bullish structure, supported by prior consolidation and breakout potential. Patience is key for confirming a breakout above ₹2,050 before expecting the measured move towards ₹2,336.
DISCLAIMER- Please do your own research before investing in the market. This is for educational purposes only
Bajaj Finserv Short Term TradeThe level around 1555 is an important support zone
Price has been approaching this zone with a falling atr,
and then shown some consolidation near the zone,
now there has been a rise from that level with a surge in volume and atr
Thus there is a short term trade,
tgt 1714, sl 1580
Exide Industries Seems to be well consolidatedExide has been in downtrend for past 3 months,from October 24.It has just shown a small break out after 3 months of fall.RSI is showing positive divergence,I feel the stock may touch Rs 516 /548 level as per fibonocci retracement.
Critical Break out at Rs 445
Time Frame 45-60 days
We can buy with a very small SL-Rs 408
LUPIN : 5 Months Consolidation breakout LUPIN is showing 5 Months Consolidation breakout after a long 9 years breakout ... Potential upside possible 65-70%..
All data is available in public domain..
CMP : 2360
TG : 3400
SL : Below 9 Weekly EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery.
3: Technical : 21/55/200-EMA, RS>0, RSI & Super trend up.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Bluestar Ltd: Cup & Handle Breakout SetupPattern: Cup & Handle Formation
Timeframe: Daily
Entry Level: Above 2160
Stoploss: 1970
Positional View: A breakout above 2160 could trigger a strong upward move. The Cup & Handle pattern indicates bullish sentiment, and this setup has the potential for a good positional trade.
Note: Wait for a decisive close above 2160 before entering the trade.
COCHIN SHIPYARD LTD LONG ANALYSIS 29.12.24COCHIN SHIPYARD LTD LONG Analysis 29.12.24
Investment type : Mid term (6-12 months)
CMP : 1539.05
R:R = 1:3.5
Expected Gains : 40-90%
Bullish Levels :
Level 1 : 1741.45
Level 2 : 2097.60
Level 3 : 2470.45
Level 4 : 2933.15
Stop loss : 1150.00
This tech. analysis is purely for educational purpose only we did not recommend to invest as per our analysis.
For investment please consult financial advisor.
Siemens - Low Risk SetupCMP 6546 on 28.12.24
For the last 6 months, the price has been oscillating between 8000 and 6500. This moment again comes near the level of 6500.
If it bounces back from here, may go into a bullish phase again. One may look for a long setup at this point because of the good risk-reward ratio.
The setup remains active above 6550. If it sustains below 6450, the setup goes weak.
Before entering, one should wait for the reversal signs according to their setups.
All this illustration is only for learning and sharing purposes, it is not a piece of trading advice in any form.
All the best.
I just spot bough 100% SOLBanana Zone commence?
Interest rates will lower next year.
I just could not be in stables right now. It just did not seem right.
I don't have the time to be day trading, although I have recognized set ups that I may take the time to trade during trending days. Pullbacks end with small bodied candles which provide tight SL scalp opportunities. Impulsive days may have 3 or 4 pullbacks and breakout setups before the price action does wide shakeout, double bottom patterns. Solana in the intraday also tends to end trends with diagonals, up or down. Break out and retests are very common especially at the beginning of trends. I have noticed I also tend to have a bearish bias at all times, and my eyes have been trained more for bearish setups. The bullish retests tend to be more volatile, I have noticed.
Perhaps I will spot sell at a future date. In a couple weeks even. I do not expect the next month to see parabolic action. I anticipate consolidation, but that is my bearish mindset talking. I am not bullish enough?
The boxes set context to the chart. Its a copy paste of the current pullback.
LUPIN Poised for a Strong Upside MoveLUPIN is exhibiting a multi year breakout with strong support at current levels, indicating significant upside potential in the next 3–6 months. This technical setup suggests a robust foundation for a sustained rally, making it an attractive choice for swing and positional traders. If you have a different perspective or insights, feel free to share your thoughts!
$SOL Price Analysis: $350 and $400 Targets in SightSolana has clearly retested the previous symmetrical triangle and has now formed a bullish Shark pattern. Additionally, it is consistently forming higher lows on the daily chart. The RSI has also bounced back from the oversold region, further supporting a bullish outlook. All these indicators suggest that Solana is poised for a strong upward movement. My price targets for this potential rally are $350 and $400.
Oberoi Reality Analysis1. Trend:
• The stock is in an uptrend within a defined channel.
• It is currently near the upper resistance of this channel.
2. Support and Resistance Levels:
• Resistance levels are visible around ₹2,343 and ₹2,315.
• Support levels are approximately at ₹2,236, ₹2,083, and ₹1,970.
3. Moving Averages:
• The stock price is trading well above the 50-day (yellow), 100-day (green), and 200-day (red) moving averages, indicating bullish momentum.
4. Volume:
• The recent candles have slightly lower volumes, suggesting weaker buying momentum at the current levels.
5. RSI (Relative Strength Index):
• The RSI is near 70, which indicates the stock is in an overbought zone. This could signal a potential correction or consolidation in the near term.
Technical Outlook:
• Bullish Case:
• If the stock breaks above ₹2,343 with strong volume, it could continue its uptrend to new highs.
• Bearish Case:
• A failure to hold current levels might lead to a pullback toward support at ₹2,236 or ₹2,083.
Recommendation:
• Watch for a breakout or rejection at the ₹2,343 resistance.
• If holding the stock, consider trailing your stop-loss near ₹2,236.
• For fresh entry, wait for a correction near support levels or a breakout above resistance with volume confirmation
Himadri Speciality Chemical Ltd. Himadri Speciality Chemical Ltd. is a leading player in the chemical industry, primarily engaged in the manufacturing of carbon materials and chemicals.
Profitability: The company's profitability has been on an upward trajectory, with significant growth in net profit margins and overall financial stability.
Technical Analysis: On the technical front, Himadri Speciality Chemical Ltd. is exhibiting a Head and Shoulders pattern on the daily time frame, indicating a potential target of 670++
What is Object Tree and it's UsesHi mates kindly watch the video for understanding the Object tree and it's uses in technical analysis as i feel the new entrants to technical analysis still might not know about it, I hope you will like this publication,
Thanks for watching and giving your time.
Best regards- Amit
“Cummins India at a Crucial Juncture: Breakout or Breakdown?”The stock has recently tested a key support zone near ₹3,200, coinciding with a long-term descending trendline and the 200-day moving average (yellow line). The price action suggests indecision, making this a crucial level to watch for both buyers and sellers.
Bullish Scenario
1. If the stock sustains above the ₹3,200 level and breaks out of the descending trendline, it could signal bullish momentum.
2. Key upside resistance levels to monitor:
• ₹3,356
• ₹3,800
• ₹4,132
3. A breakout above ₹4,132 could indicate further upward potential.
Bearish Scenario
1. A decisive breakdown below ₹3,200, backed by high volume, might lead to bearish continuation.
2. Potential downside levels to watch:
• ₹3,000
• ₹2,800
3. Failure to reclaim the 200-day moving average may strengthen bearish sentiment.
Conclusion
Traders should wait for a clear price action signal – either a breakout above the descending trendline or a breakdown below the support zone. Keep an eye on volume and broader market trends for confirmation.
You can adjust this to match your style before publishing!
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions. Trading involves significant risk, and past performance is not indicative of future results.