Equitytrading
BHARTIAIRTEL: Breakout Bharti airtel is moving in a rising channel it can move up above 730
there is a confluence of factors signalling a strong move up.
1. uptend + resistance line break
2. Horizontal resistance break.
Hope you found this helpful.
Happy Trading!
Glenmark Pharmaceuticals - Price Action for Swing TradingAlright, So the story starts with a bullish movement in April this year with some unusual move in the volumes. Breaking the 9 Months resistance and going up 13% therefrom in a weeks time.
The Bullishness continues.. forming Higher Highs - Higher lows for the period May to July.
However, following the pharma sell off in late July, Support at INR 654 levels takes a hit. Taking the price down to INR 461 Levels, which happens to be a long time Support. And approximately 30% fall is a big deal making the stock oversold.
Cut to present scenario - Glen seems to be moving in a sideways channel, With INR 531 Levels RESISTACNE and INR 490 Levels taking charge of SUPPORT.
Confirmation at INR 531 Levels along with good volumes will be a perfect buy for a 10% return i.e., setting the target at INR 586 Levels.
and ofcourse because Life happens , Stop Loss is necessary at INR 518 Levels.
NIFTY IT In a Nutshell.We are watching the IT index falling and taking support today, May it will continue to make its bull run. Or it will retest a breakdown level .
Point is we can scalp small 100 point qty on equity stocks.
All the best with view.
INDIA GLYCOL billish flag breakoutINDIA GLYCOL gave bullish flag breakout ...wait for last swing high to break
Masfin stock analysis
1. Today we'll discuss another company which is MAS FINANCIAL SERVICES LTD
2. Today Date is 12-09-2021.
3. Currently stock is trading at 758.40 which is shown in candle chart.
4. There is short term target which is 972, which is shown in image above, from 758.40 to 972, which is approximately 28% gain. Stock is now trading at support level.
5. How much time it takes to reach target, according to my analysis, it takes maximum 2-3 month.
6. About company:- MAS Financial Services Ltd is giving Micro loan, Small and Medium Enterprise loans, Two Wheeler Loan and Commercial Vehicle Loans etc. Furthermore information you can visit company official website.
IMPORTANT RULES
07. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
08. We never sell stock in loss.
09. We are investing in equity share.
10. Patience is the key in equity, sometime great company went down that is the opportunity to buy these companies because we know they will come back very quickly.
Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn, not a recommendation of stocks buy or sell. Before buying or selling any stock
Clean Science and Technology is being accumulated.Buy and hold with the stoploss around 1600. Be open to the targets. Since the Symmetrical triangle formed with the strong support @1600, we can expect it to take off soon. Do your own analysis too. Happy trading.
Snowman Logistics - Swing trade Snowman Logistics has been trapped in a triangle pattern and almost now going to have its breakout, so give an entry with appropriate Stop loss after the breakout
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
ASIAN PAINTS at its support Buy at 2347I will buy ASIANPAINTS because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2347
Target : 2800/2882
Stop loss : 2150
PAGEIND buy at 28100 (Risky trade)I will buy PAGEIND because :
It has been taking support at the trend line .
It has touched the support has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 28100
Target : 32250
Stop loss : 26856
SHANKARA at Support , can give 30% returns I will buy SHANKARA because :
It has been taking support at the trend line .
It has touched the support 2 times and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 371
Target : 450/500
Stop loss : 359
SBIN - Perfect 50dema Support Structure 🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is on ATMs
⭐I see good Trendline support on 30mins and a possible good setup on 15mins :)
⭐A very decent trading setup would be activated when it breaks this small trendline on 15 min TF :)
⭐Trade type: swing
⭐Pattern: Ascending triangle on small TF with a bullish structure
⭐Buying on the breakout and selling on 1st fibo extension or 1 to 2 pivot points can be taken :)
⭐Risk will be minimal, SL below your entry candle, reward: Pivot points or the marked level
⭐When not to trade this pattern: if it gives a close below the 30 min supportive trendline or breaks the 50dema support on 15min don't trade leave the setup and trade :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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GODREJAGRO can show 15% upward movement , price at support I will buy GODREJAGRO because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 490
Target : 540/560
Stop loss : 470
ABFRL forming a expanding channel BUY signalI WILL LOOK AT BUYING OPPORTUNITIES AT ABFRL because :
It is forming a expanding channel pattern .
It has been taking the support of the lower trend line .
Now the price may reach its support level so will be looking at buying opportunities.
Entry : 176
Target : 224
Stop loss : 161
INDUSINDBNK buy signal , will touch 3 digits soonI will buy INDUSINDBNK because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 850
Target : 1500
Stop loss : 788
Even if stop loss its , Long term investors buy more at dips price will touch 1500
NUCLEUS IPCALAB buy , Low probability trade can give 40% returnsI will buy NUCLEUS because :
It has been taking support at the trend line .
It us also forming a rectangle pattern
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 512
Target : 650/740
Stop loss : 476
NTPC has broken the resistance and has been consolidating I will look at buying NTPC because :
It has broken the Resistance.
Its back to its resistance and we can see big move upwards soon
Entry : 109
Target : 119/125/130
Stop loss : 107.3
DLF intraday Trade for TomorrowTrendline Breakout is already done.
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Safe Trader can buy After 318 for the target of 324.
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You can also give your suggestions in comment box
LALPATHLAB at its support can go up to 2900I will buy LALPATHLAB because :
It has been taking support at the trend line .
It has touched the support.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2273
Target : 2600/2750/2900
Stop loss : 2183
