INDRAMEDCO BTSTMy selection criteria as follows dor swing trade.
The stock corrected from high and tale sport on EMA.
The RS is strong.
The rsi look above 50 and show upword moment.
The close is above EMAS.
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.
It just for education purpose.
Exponential Moving Average (EMA)
BHCL SWING TRADEAs per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 111
SL : 106
T1 : 120
T2 : 128
Swing trade GravitasAs per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 371
SL : below 353
T1 : 396
T2 : 421
TVS MOTOR - Bullish Flag PatternTVS Motor is in the formation of bullish flag chart pattern.
20 Period EMA is just below the current price act as a dynamic support.
All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact.
Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
TORRENT PHARMA | W Pattern & ATH BO | Minm 35%NSE:TORNTPHARM
All Time High Breakout
W Pattern Breakout
Price moving up in Rising Channel
Targets : 1890 - 2030 - 2250
Upside : 35%
SL : 1550
Time Frame : 3-6 Months
RSI in Bullish Zone & Weekly EMAs acting as Support
Maithan Alloy - Tripple BottomTripple Bottom chart pattern completed in hourly timeframe.
Price has retest/pullback the trendline
RSI above 50 indicate the price has good strength to go higher in upcoming days
Details are mentioned on chart. Please go through the chart.
Weekly Time Frame Analysis
**Near the demand zone or flip zone(5850-6000)
**under 200 ema ( a little bearish zone)But if it take support from demand zone(5700-6000) then there is a higher probability
that it will be above 200 EMA in upcoming weeks.
**2nd time near demand zone( perfect time for add more quantity)That is how you play ur investment.
If you find any doubt, do comment
Tiranga Technique of Taking TradesSimple Technique,
Plotted High and Low of EMA 48 Time Period,
Any Candle that closes above green with good volume, is a buy signal and vice versa
Dual breakout in Banknifty !!!!As, chart says banknifty have given breakout above 200DEMA where,
it has faced resistance 3 times earlier.
RSI above 60 indicating strength in breakout and confirms it's reliability.
Also, breakout from inverted head & shoulder pattern is visible.
Minimum target of this pattern comes to 36150 but it can move above this also.
I'll try to publish an elaborate idea on banknifty as it's PE stands on 17.71 below 1,3,5yrs average
and has strong buying interest at 15.54.
HAVEILE BRKEOUTpiovt is a suport line it lased few month suport line
ema crose 100&200
prise action big demnte her
terget base on spr &cameraila
itis trengele brake out
trendline brakeour
it is loung time teregt
RESPECTING 200 EMA BY GAIL INDIA LTD So far gail india is respecting its 200 ema let us wait for the next move
FINOPBLooks like have good upside
broken trendline with a double bottom
RSI bullish
Stay tuned
View negated below 274
M&M FINANCIAL SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
M&M Financial - Ready for an bullish move.
Price Action Analysis - M&M Financial is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
M&M Financial(2-Feb-2022)
Buy - 173
Target - 180, 185, 190
SL - 165
The Finwiser 📈📊
Exit is more important than entry! NIFTY at 17750.It is a properly trending market and interesting as an option seller like me has to put so much work into it, not to make money but to protect the capital. That is what option sellers do. Looking at the chart, the Nifty now at a discounted price exactly took support at 17650. It is a major level because 50 EMA is there and a fib line. Let's see how it is going to react to nifty inflation worries and global clue.
Coming to my option, I was kind of proud of that position, till Nifty Broke 17770 (1 PM) . One it being taken out, just wash out my green P & L. 17750 premium spike a lot. In the meantime, I booked my call position and exited with a near 1% loss. You know, like I protect my capital well. On the call side, 18150, 18100, 18050, 17900, one point I sold, 17850, and ended up with a lot of positions this week only because of 17750PE.We have one more expiry for the month. This month was not that great for me. I hope everyone had a great month. Let's get to the last day of the month to end this month with just 1%.
AXISBANK LONG Good buying opportunity .
Formed W pattern .
Above 200EMA
taken support from trendline .
and now about to broke the w neck level .
we can make entry for 12% .
just my opinion not any buying recommandation .
CROMPTON GREAVES - RETEST 1. Price formed rounding bottom pattern and brokeout.
2. Retested the breakout during the market correction period.
3. Took the support at EMA 50.
Entry : 440
Target : 500
SL : 408 (Weekly closing basis)
HINDUSTAN UNILEVER - Buy at current level1. From March 2018 to till now HUL take Channel support
2. From March 2018 to till now HUL take Channel 50EMA support in weekly chart
3. Buy at current level & keep at Stoplose 2300 on weekly closing
4. Expect min 10% return & max 20% return
DIVISLAB - Swing Trade - 200EMA supportThe analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade logic is based on simple 200EMA strategy (explained in image itself).
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
THIRUMALAI CHEMICALS - Retest1. Price formed Big Round Bottom pattern from Jan 2018 to Sep 2021
2. Stock rallied 40% after breakout from big round bottom pattern.
3. Price retraced to breakout zone and trading at support.
4. Also, price took support at EMA 20.
Good Opportunity for Swing trade with long setup - good R:R 2.7
Entry: 246-250
Target: 335
SL: 213 (Weekly Closing Basis)
ONGC Can fly after taking support in descending channel patternONGC is continuously making a descending channel pattern from 173. After breaking the 20 and 50 days EMA now it is about to touch 100 days EMA and this could work as a strong support for ONGC as there are both supports available at 138 . 1st is Descending channel pattern's trend line and 100 Days EMA also running around 138. You can take entry in it according to provided details on charts.
you can hold this scrip for medium term target of 172 if it cross the level of 153 with good volume and retest.
trand a stock stand on moving avrages like 50 100 200 to differant differant time frames and cadle make a movemetnt down or up
NTPC long we can go long in NTPC due to following reasons --
Came out of pattern in weekly and daily timeframe .
retest done at both weekly and daily timeframe .
In daiy timeframe about to give breakout of a trendline .
we can go long at that point
Also at daily timeframe took a support at 100EMA .
All the ideas are just for learning purpose. I'm not any call provider or a sebi registred person .
GLAXO in its Support!!!!!!RISK REWARD RATIO !!!!
CMP: 1503
TARGET 1: 1600
TARGET 2 : 1718
STOPLOSS : 1400
✔✔ some indicators are satisfying
