LTI long opportunityNSE:LTI
Stock -> LTI
TimeFrame -> Weekly
Hello all!
LTI has been moving in a pole and flag pattern. It fell to its support in May 2022 and showed a strong bounceback in July 2022, thus also breaking the flag. This I believe presents a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long:
-The bounceback came off of the golden Fibonacci zone.
-The stock took support from its 200-week EMA.
-The golden zone coincides with the support zone.
Risk-averse traders should wait for a strong closing above the blue line as the stock will start trading above the nearest swing high and also the 50-week EMA.
*NOT A CALL*
#LTI #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing #ema
EMAS
Granules long opportunityNSE:GRANULES
Stock -> Granules
TimeFrame -> Weekly
Hello all!
Granules has been forming a flag and pole pattern.
It finally broke out of the flag in the last week of September with heavy volumes and I believe this generates a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long
-The stock is taking support from its 50-week EMA
-Stock has support from both 50 and 200-day EMA
-Flag breakout occurred after a strong bounceback from the Fibonacci golden zone.
The Risk to Reward ratio is also decent.
*NOT A CALL*
Disclaimer: Markets have been behaving a bit jittery. Hence it's advisable to trade with a smaller quantity than usual and maintain a strict stop loss.
#granules #nifty #technicalanalysis #swingtrading #ema #fibonacci #poleandflag #markets #trading #investing
Adanient buy near Daily EMA 9 lowrisk high reward 3358 entryToday I am going to share a low risk but high reward setup in Adani Enterprise. Since 24th June 2022 this stock never gave daily closing below EMA 9 and if anyone gets entry near EMA 9 support which should be around 3358 as per Friday closing. Then this stock will give great Risk reward, people who have missed out entry on lower levels might try to enter near this support so setup looks great to me. If entry is at 3358/3360 then targets can be 1) 3435 2) 3500 3) 3600 SL any day closing below Daily EMA 9 simple. Never bet more than 10% of your capital in any setup, respect Risk, reward will follow you. Enjoy
MGL long opportunityNSE:MGL
Stock -> MGL
TimeFrame -> Weekly
Hello all!
MGL has been swinging within the price band of 700-1200 since October 2016. It came back to its support, consolidated there for a while, and then made a strong bounce back. This I believe makes for a good opportunity to go long!
The bounceback had heavy volumes as can be seen in the chart. Also, the stock has closed above its 50-week EMA which is a sign of bullishness.
The stop loss here is minimal compared to the Reward which is near 1100-1200 levels.
*NOT A CALL*
#nifty #mgl #swingtrading #technicalanalysis
Powergrid Long opportunityNSE:POWERGRID
Stock -> Powergrid
TimeFrame -> Weekly
Hello all!
Powergrid has been moving in a channel since November 2020. It's now back on its lower channel trendline and has shown a good bounceback, making it a good opportunity to go long!
There are multiple confluences that strengthen my conviction:
-Support from both 50-week EMA and 50-daily EMA.
-Support from 200-day EMA
-Stock trading above its support zone
*NOT A CALL*
Bharti Airtel long opportunityNSE:BHARTIARTL
Stock -> Bharti Airtel
TimeFrame-> Weekly
Hello all!
Bharti Airtel has been moving in a channel since September 2019. It has been consolidating since August 2021 and is now back again at its lower trendline, thus making it a good opportunity to go long!
There are multiple other factors that strengthen my conviction:
- Along with the lower channel trendline, the stock is trading near its strong support zone.
-It has support from its 50-week EMA.
-The bounceback has come from the golden Fibonacci zone (between 50%-61.8%)
The risk to Reward ratio is also decent.
*NOT A CALL*
#nifty #bhartiairtel #technicalanalysis #swingtrading #fibonacciretracement #ema
COLPAL Long opportunityNSE:COLPAL
Stock -> Colpal
TimeFrame -> Weekly
Hello all!
Colpal has been moving in an expanding funnel. It approached its lower channel trendline in March 2022, bounced back with heavy volumes, broke the trendline 1 and came back for a retest, and has again bounced. This makes for a good opportunity to go long!
There are multiple other indications that further strengthen my conviction:
-Formation of a 'W' pattern with a higher low formation.
-Support from 50-week EMA.
-The stock has bounced back from its Fibonacci Golden zone (between 50% and 61.8%).
Risk-averse traders should wait for the stock to close above the Resistance zone (Yellow box). However, accumulation in small quantities can be done.
*NOT A CALL*
#nifty #colpal #swingtrading #swingreversal #technicalanalysis
DABUR Long opportunityNSE:DABUR
Stock -> Dabur
TimeFrame -> Weekly
Hello all!
Dabur has been moving in a channel since March 2018. It came back to its lower trendline in June 2022, bounced back, and broke trendline 1 with good volumes. This we believe makes for a good opportunity to go long.
There are other reasons which strengthen our conviction:
1) The lower trendline from which the scrip bounced back off of also coincides with the strong 200 EMA.
2) The breakout of trendline 1 happened with good volumes.
3) Stock took a bounce from its golden Fibonacci zone (between 50% and 61.8%) not shown here to avoid confusion.
Risk-averse traders can wait for closing above the Resistance zone. Although accumulation in small quantities can be done. The Risk-Reward ratio also seems decent.
*NOT A CALL*
Dmart long opportunityNSE:DMART
Stock -> Dmart
TimeFrame -> Weekly
Hello all!
Dmart has been consolidating in a flag structure since October 2021, thus forming a flag and pole pattern. It finally broke out of it with good volumes last week. This makes for a good opportunity to go long.
There are multiple reasons which strengthen my conviction on going long:
1) The stock has bounced back from 3200 levels which is a good support.
2) The weekly closing is above 50 EMA.
3) The breakout has happened with good volumes.
Risk-averse traders can wait for the stock to sustain above 4000 on a daily timeFrame for going long, although accumulation in small quantities can be done.
*NOT A CALL*
BTCUSDT Trade Current Situation | 1-Hr Time FrameYou can initiate buy Trade now as retest on Trend line and 50 EMA has been Made, also i shared a post regarding Double Bottom Yesterday, its target has also been achieved.
Target Levels are mentioned in Chart.
EURCHF on 4Hr TimeframeEURCHF is consolidating right now in a box. Along with that, it's taking support from the trend line. Our first target is 200 EMA on 1D Time frame, Which would be around 100 pips. If it breaks 200 EMA on 1D, then we can aim for 1.05010 and that would be around 60-70 more pips.
INFY more downside below 1518- Intraday LevelsIf INFY crosses below 1518 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
BANKNIFTY more downside below 35174- Intraday LevelsIf BANKNIFTY crosses below 35174 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
NIFTY more downside below 16568- Intraday LevelsIf NIFTY 50 crosses below 16568 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA, looking at the direction, a fall is expected as the trendline is also broken on the downside.
MRF long opportunityNSE:MRF
Stock ->MRF
TimeFrame -> Weekly
Hello all!
MRF has been moving in a channel since June 2016. It came back to its lower trendline in March 2022, bounced back, and is now trading near an important supply zone. If it breaks above the supply zone with good enough volumes, it'll make for a good opportunity to go long.
MRF is already getting support from its 200-week EMA. If it breaks above the supply zone, then there will be multiple factors that will strengthen my conviction to go long:
1) It'll start trading well above the 50-week EMA which is a good sign
2) The nearest swing high will be taken out
*NOT A CALL*
#mrf #swingtrading #ema #technicalanalysis
MRF long opportunityNSE:MRF
Stock ->MRF
TimeFrame -> Weekly
Hello all!
MRF has been moving in a channel since June 2016. It came back to its lower trendline in March 2022, bounced back, and is now trading near an important supply zone. If it breaks above the supply zone with good enough volumes, it'll make for a good opportunity to go long.
MRF is already getting support from its 200-week EMA. If it breaks above the supply zone, then there will be multiple factors that will strengthen my conviction to go long:
1) It'll start trading well above the 50-week EMA which is a good sign
2) The nearest swing high will be taken out
*NOT A CALL*
#mrf #swingtrading #ema #technicalanalysis
Hindustan Unilever long opportunityNSE:HINDUNILVR
Stock -> Hindustan Unilever
TimeFrame -> Weekly
Hello all!
Hindustan Unilever has corrected about 40% from its highs in September 2021. The stock has been in a downtrend since then and has been taking stiff resistance from trendline 1. It approached its strong support band of 1850-2000 and took a strong bounce from there with good volumes and also broke trendline 1. The retest of the trendline has been done and its followed by a bullish candle. This thus makes for a good opportunity to go long.
Apart from the price action, the stock also seems to be taking support from its 200 weekly EMA. Also the bounce has come from the 50% fib level which further strengthens the conviction on going long.
DABUR Long opportunityNSE:DABUR
Stock -> Dabur
TimeFrame -> Weekly
Hello all!
Dabur has been traveling in a channel since May 2017. It is now again at the lower end of the trendline and thus it makes for a good opportunity to go long from here!
There are multiple other factors apart from the usual price action:
1) Stock is in its support zone.
2) Stock has taken a bounce off of its weekly 200 EMA.
3) Stock has bounced off of its golden Fibonacci zone (not shown here as that would make the chart too complicated).
The Reward to Risk ratio also seems to be good.
*NOT A CALL*
Sharda crop chem showing strength againNice range and consolidation breakout.
Taken 50 ema support after last strong rally.
Chart pattern and levels mentioned in chart.
Follow strict risk management.
NAUKRI Long opportunityNSE:NAUKRI
Hi all!
InfoEdge (Naukri) has been following a channel since March 2020(Covid crash). It's now at the lower channel trendline and this I believe generates a good opportunity to go long!
There are multiple indications that strengthen my conviction:
-> Presence of 200 daily EMA
-> Strong support zone
-> Stock is between 50 -61.8% fib level (golden zone)
Risk-averse traders can enter after the stock breaks trendline 1. Aggressive traders can enter as soon as it touches the 200EMA because the stop loss will be really small.
*NOT A CALL*
HAPPY TRADING!!
EUR USD Head&Shoulders BreakdownThe Forex major has finally broke down the textbook h&s shoulder and also broke and retested 200 EMA. Also took rejection on Fib level of 38.20. Further fall can be seen in EURUSD. Nearest support can be seen at 1.16100 which is also a Fib level of 61.80.
HCL TRADE SETUP NEXT WEEKTHE STOCK has completed its consolidation phase and we recently saw MACD crossover at a good support level above 900. we WILL also see a golden crossover in this week.. Hence providing a low risk trade setup on analysing daily chart.. SL-920 and T1-970...........
