Navin Fluorine - Positional SetupThe chart shows the possible supports and resistances. At present, the price is about to cross a predefined resistance area around 3450-3500. If crosses the zone and picks some momentum, we may see upper targets according to the setup.
Also, the gap area upside is to be filled in due time, of course in a bullish phase.
If sustains above 3500, may go to 4000/4200 or even more.
If sustains below 3200, this setup will go weak.
Decide your entry and exit levels and position size in accordance with your risk management.
All this illustration is only my view, just for learning and sharing purposes, not trading advice in any form.
All the best.
Futures
Astral - Keep An EyeThe stock price has dropped around 40% in the last six months. Now coming at the multiple support levels as shown on the chart. If it gives a reversal from the support levels, it may go into a bullish phase again.
It may reverse from 1550 or 1470 levels. One should wait for the reversal signs according to their setups.
Possible targets may be 1685/1770/1930+
The setup fails if the price sustains below 1440. Better to keep the position size following risk management or exercise hedging.
This is only for learning and sharing purposes, not a buy or sell recommendation. Please do your research before taking any trade.
All the best.
Britannia - Low Risk SetupCMP 4834 on 05.01.25
The charts mention all important levels. This time, the stock has bounced back from a long-term support channel and formed a double-bottom pattern.
If the momentum continues it may go to 5240/5580 or more.
If it sustains below 4650, the setup goes weak.
one should keep the position size following risk management.
All this illustration is only for learning and sharing purposes, it is not trading advice.
All the best.
Aarti Ind - Low Risk OpportunityIn the last 6 months, the stock price has come down around 40%. This time has been consolidating in a small range in recent days.
MACD is showing a possible reversal on a weekly basis.
If it gives a reversal, it may go into a bullish phase again.
Possible targets are 485/570/620++.
If it sustains below 370, the setup goes weak.
One has to keep the position size in accordance with risk management.
This illustration is my own view. It is only for learning and sharing purposes. It is not a buying recommendation.
All the best.
OIL INDIA - SWING TRADE ON LONG SIDESymbol - OIL
OIL is currently trading at 420
I'm seeing a trading opportunity on buy side.
Buying OIL Futures at 420
I will add more long position at 410, if comes.
Holding with SL of 397
Targets I'm expecting are 445 - 460 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Angelone - Keep On WatchThe chart is self-explanatory. After retracing 100%, from 3900 to 2000 in July 2024 it has resumed upside movement in the last 6 months.
At present consolidating at the important resistance around 2800.
If it reverses from these levels, it may go into a bullish phase again.
Further targets are mentioned on the charts.
If sustains below the 2680 level, the setup will go weak. Do not hesitate to exit any trade when hits the risk capacity.
one should keep the position size and entry levels following risk management.
All this illustration is only for learning and sharing purposes, not trading advice in any form .
All the best for your trading journeys.
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.
LT - Long SetupCMP 3947 on 09.12.24
Since January 2022, the stock has been traveling in a rising wedge pattern. For the last many days, the price has been moving in a range (shown as a rectangular shape). This time looks like breaking the upper levels.
Immediate supports seem to be around 3860 and 3740.
One may start buying from the current price to as low as 3860, multiple times.
Always keep the position size in accordance with risk management.
The setup fails if the price sustains below 3730.
All this illustration is my own view, shared only for learning and observation purposes. It is not a piece of trading advice in any form.
All the best.
Asian Paints - Seeing the OpportunityThe stock price has dropped more than 30% in the last 3 months—this moment resting on a multiple support area, as seen on the charts.
If it bounces back from the support levels, may go into a bullish phase again. That could push the price up to the levels of 2520/2690 and 2950+.
One should wait for the reversal signs and then make an entry. Also, mind the position size.
Do not hesitate to exit the trade when hitting the stop loss.
All this illustration is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Indiamart Again - Low Risk SetupCMP 2344 on 01.12.24
1. In recent sessions, the stock has formed a cup & handle pattern. But could not give a breakout of the formation.
2. At present, tested the lower level of HANDLE and formed a Double Bottom Pattern & gave a bounce back too.
3. If the momentum continues, may go into a bullish phase.
4. MACD is showing a reversal too.
5. The risk-reward ratio is quite good at the moment.
NOTE - The above illustration is my own view, shared here only for learning and observation purpose. it is not a bit of trading advice in any form.
All the best.
Management TradingTrade management involves a series of tasks and decisions that occur after a trade is executed. These tasks include: 1. Determining Position Size: Before entering a trade, calculate the appropriate position size based on your risk tolerance and account size.
Trade Management is the process by which companies plan, execute, and administer payment for trade promotions. Successful trade management includes: Managing trade funds. Maximizing trade promotion profitability. Minimizing claim and deduction costs.
Birlasoft - Positional setupCMP 599 on 12.10.24
A Pole and Flag pattern-like formation is in progress on the chart. But a trade setup should be backed by other parameters too.
The range of 550-580 has been acting as a good support zone for a long time. This time, it reversed from the zone again—a good time for a buy setup with a favorable risk-reward ratio.
Immediate targets seem 670, 710, and 740.
The setup fails if the price sustains below 550-540 levels.
Position size should be following risk management.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Havells - Low Risk IdeaCMP 1614 on 05.11.24
The chart is self-explanatory. Since 2021, the blue-colored parallel channel has been turned into a support ( if works like ). If the price bounces back from the support, may go into a bullish phase. targets may be 1700/1800/1900.
MACD histogram also shows some reversal.
The setup goes weak if sustains below 1550.
Keep your position size according to the stop loss and your trading strategy.
All this illustration is my own view, only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Tata Motors - Positional SetupCMP 780 on 22.11.24
The chart is self-explanatory. It shows the consolidation in recent sessions at support levels. If it gives an upward move, it may go to 880.
A reversal in MACD is awaited now.
One has to keep the position size according to the risk management.
This illustration is my own view, shared only for learning purposes. It is not a piece of trading advice in any form.
All the best.
LTIM - Getting ReadyThe chart is self explanatory. Since Nov. 21, the price has been forming a Triangular pattern. Already given a breakout of that.
Since Jan. 24, A Cup & Handle pattern is formed and a breakout is seen on the charts.
At present time, we can observe the retest of the both breakouts.
If the price gives a bounce back from present range of 6000-5800 and sustains above, may see a bullish run upto 7000/7500 and even more.
If sustains below 5600, the setup goes weak.
One should mind the position size according the risk-management.
The above illustration is my own view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
ABB - Keep An EyeAll points are mentioned on the charts.
In the last session, the stock has shown a bounce back from the multiple support levels as indicated on the above chart.
If momentum continues, may go to 8150/8650.
Above 8800, a breakout of flag pattern will be there.
The setup remains active until the price sustains above 7200.
This illustration is only my view, only for learning and sharing purposes, not a trading advice in any form.
All the best.
Polycab - Positional SetupCMP 6420 on 04.11.24
All important levels are mentioned on the charts. A long parallel channel has been acting as a support level in the last weeks. If Sustains above 6300 levels, it may go to 6850/7000.
This is only for learning and sharing purposes, not buying or selling advice in any form.
All the best.
Mphasis - Multiple BreakoutsCMP 2910 on 19.08.24
It can be seen on the charts that the stock has been forming a triangular pattern and Cup & handle pattern in the last 2-3 years. Already shown the breakouts of both the pattern around July 24. Already retested the breakout in recent sessions and showed a strong bounce back in the last session ( closed 192 points above).
If the momentum continues, the next target area may be around 3230, 3640, and even more.
Plz analyze the chart carefully and make a strategy that suits you. Make an exit according to your risk management. However, if it trades below 2650 levels it will show weakness on the charts.
The above illustration is only my own view, only for learning and sharing purposes, not a buy or sell advice in any way.
All the best.
IPCA Lab - Observing Buy SetupCMP 1361 on 09.08.24
The above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts.
MACD is showing a likely crossover too.
Possible targets may be 1600/1800 or even more.
As long as it sustains above 1300, this setup remains relevant.
Decide your exit levels according to your position sizing and risk-management.
This illustration is only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Indiamart - Keep On WatchCMP - 2930 on 27.09.24
Since January 24, the stock has formed a Cup & Handle-like pattern. It is now retesting the immediate support, which is around 2900-2950. If picks a bullish momentum and gives breakout of C & H pattern. It may go to 3650/ 4100+.
However, the breakout level is above 3400 but the current price is a good place for an early entry with a more favorable risk-reward ratio.
Considering risk management, one has to choose the entry-level and position size wisely.
If the price sustains below 2620, This setup loses significance.
Trade wisely and calmly.
The above Illustration is only for educational and sharing purposes, not a trading recommendation in any form.
All the best.
Navigating the Challenges of Stock Market TradingLife can be tough for many of us because we need to earn money, whether we enjoy our jobs or not. To make a living, we often have to sacrifice our time and energy. Finding something that truly satisfies us is a challenge in itself, and only a few people manage to achieve that. Even when some of us do find our passion, others may criticize us for not sticking to the jobs we studied for. While some discover their passion and pursue it, others may feel trapped in their career choices.
For me, I find satisfaction in trading and investing in the stock market. I enjoy having the flexibility to spend my time how I want, which is why I chose this path. I know it isn't easy to earn money in the stock market, but I believe it's possible. With a strong desire to learn and confidence in my abilities, I am committed to making it work.
Like many traders, I've faced my fair share of obstacles. I've tried various strategies, and, unfortunately, I've lost a significant amount of money along the way. Despite being cautious, the nature of trading means that losses can happen. I remember when COVID-19 hit; it sparked chaos in the market, and my portfolio crashed. At that point, some of my funds were locked, which limited my ability to buy dips. However, I persevered and found a way to recover.
The journey didn’t stop there. After the pandemic, regulations changed, cutting leverage for trades. This was a significant setback for me, especially since I primarily traded in Futures & Options (F&O). Previously, I relied on leverage to amplify my trades, allowing me to use a portion of my funds to F&O trades while saving the rest for buy stocks .
However, when the leverage was cut, I found myself in a difficult spot. Now, I have to use my entire capital for F&O trading, which limits my ability to invest in other opportunities. Additionally, They have increased the margin requirements for F&O trades, meaning I need to put in even more money to take positions. Despite these setbacks, I'm trying to manage my situation and adapt to the new trading environment. I remain hopeful that with patience and a solid strategy, I can find my way back to successful trading.
After everything was set and going well another problem emerged: the market became extremely unpredictable due to global events, like the Russia-Ukraine war. I found that everything I’d learned seemed ineffective as I faced daily gaps in stock prices. I made losses instead of profits for some time, but I knew this volatility wasn't permanent. I decided to take a break from futures and options trading to focus on swing trading and creating and back-testing some strategies.
To be frank,It took me more than three years to become profitable in the stock market. While I eventually became profitable, the journey remained challenging for many retailers. Taxes on trading profits and loss can be daunting, and the government frequently raises these taxes, further complicating the situation for traders. Recent changes implemented by the Securities and Exchange Board of India (SEBI), such as shifting from weekly expires to daily expires and now back to weekly expires, along with the changes in lot sizes and increased margin requirements, have made it more difficult for retail traders to navigate the market.
The current regulatory environment seems to disadvantage retail investors who have invested years in learning about the stock market, developing patience, and gaining experience through both struggles and mistakes. Despite these efforts, it feels as though recent changes implemented by SEBI are making it more challenging for many retail traders, both struggling and profitable. It appears that these regulations may be favoring institutional investors who have more financial resources to navigate the market, leaving smaller investors and traders at a disadvantage.
Despite these challenges, I want to stay hopeful for the future. I wish all traders the best in their journeys, hoping they find profitability and consistency in their trading. The path is not easy, but with perseverance, it's still possible to thrive in the stock market.
"Anyone can choose anything, but only a few have the perseverance to stay the course on the path they’ve chosen."
Maruti - Range BreakoutCMP 12620 o 20.09.24
The stock has been traveling in a rising wedge pattern since March. In the last few days, it has been consolidating within a particular range. Today showing a breakout of that range.
If momentum continues may go to 13050/13300/13700.
As far as it seems above 12570. Setup remains active. One should wisely choose the position size and exit levels while considering risk-management.
This illustration is only own view for learning and sharing purposes, it is not a trading advice in any form.
All the best.