LT - Positional Short SetupCMP 3658 on 29.04.24
The chart explains the support and resistance areas in recent sessions. According to the scenario, if the stock does not sustain above 3730, may go weak in the next few sessions.
One should sell between 3650-3700. Targets are mentioned on the charts.
This setup fails if the price sustains above 3730-50. One has to plan the position size and the exit plan wisely.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Futures
Indiamart - long setupCMP 2530 on 29.05.24
It can be seen on the charts that the price has reversed many times from the trendline in the last around 2 years. If the pattern continues, may go bullish again.
The risk-reward ratio is quite good at this level.
This setup fails if the price sustains below 2475.
Targets will be 3000 or even more.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
Metropolis - Keep On RadarCMP 1817 on 02.05.24
The stock price has tried several times in the last 12 months to cross the resistance levels around 1800. This time consolidating near the zone. If crosses this time, may go to 2250.
One has to choose the position sizing carefully, keeping the risk management or exit in mind.
This is only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Adani Ports - Long SetupIt can be clearly seen that the stock price has been moving in a rising parallel channel for the last two months. If the pattern continues, the price may go to 1380/1420/1450.
This setup fails if the price remains below 1300 levels.
The above illustration is only my view. Only for learning and sharing purposes, not a piece of trading advice in any form .
All the best.
Infy - Low Risk SetupThe stock is forming a rising wedge pattern on the daily chart. This time at the lowest edge of the wedge. If bounces back from these levels, a bullish run may be seen.
Currently at 1475 around. One should exit if sustains below 1460 ( below the wedge formation).
This illustration is only my point of view, for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Tata Motors - What happens nextAs you see on the charts, if the stock crosses 550 levels and sustains above, it can be considered as the breakout of the Cup & handle pattern. Also, the rising parallel channel will be giving scope for a further upside move.
If does not cross 550 and not sustaining above, then this setup fails.
This is only one view according to the chart patterns, there may be different views while considering different time frames and setups.
Keep a watch . All the best.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Mphasis - Keep On WatchFor the past 12 months, the stock has been moving in a rising parallel channel. This moment rests at the lowest edge of the channel. If takes support and bounces back, there may be a bullish phase.
Possible early targets may be 2600/2700.
The setup fails if the price trades below 2340 ( below the channel).
This is only for learning and sharing purposes, not a trading advice in any form.
All the best.
Bajaj FinanceThe stock price has been coming down in one month from 7800 to 6600. This time consolidating at lower levels, and support also can be seen on the charts.
If bounces back from these levels, may go in an uptrend. Projected targets are indicated on the charts.
If closes below 6520 for two days, may go weak according to this setup.
The risk-reward ratio is good in this setup.
This illustration is my view, only for learning and sharing purposes, not trading advice in any form. Please conduct your analysis before taking any trade.
All the best.
Escorts - Positional Long OpportunityFor the last 3 months, the stock has been trading in a range that is forming a downward parallel channel. This moment, just close to the upper side of the formation. If breaks the upper level and sustains, this could be a breakout of a parallel channel.
Targets may be 3245/3440 or even more.
The setup is with a good risk-reward ratio.
The entry point should be chosen patiently ( if the price comes down intraday.)
The setup fails if sustains below 2810 for 2 days, or the exit point should be per one's risk management.
This illustration is only my view. It is not a trading recommendation in any form. It is for learning and sharing purposes only.
All the best.
Ultratech - At Crucial LevelThe stock price has doubled since June 2022. As per the chart, has been traveling in a rising parallel channel. This time resting at the upper edge. If the price is rejected here, there may be some correction time ahead.
One has to decide the entry and exit levels very wisely.
This illustration is for learning and sharing only. Not a piece of trading advice in any form.
The setup fails if the price breaches the channel above and sustains.
All the best.
Bata - Positional SetupThe stock has been going down in recent sessions. Now indicating a possible reversal by forming a double bottom and increased volumes.
The most important factor in this setup is the exit, if does not go in the desired direction. One should strictly follow the predetermined risk.
If goes well, then the risk-reward ratio is quite good according to the projected targets.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
IOC - Add to WatchlistIndian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.
TTM EPS: 17.36
TTM PE: 5.43
P/B: 1.00
Mkt Cap (Rs. Cr.): 133,022
Dividend Yield: 3.19
Sector PE: 30.01
Book Value Per Share: 94.73
Some Positives:
Strong Momentum: Price above short, medium and long term moving averages
Growth in Net Profit with increasing Profit Margin (QoQ)
Increasing profits every quarter for the past 3 quarters
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Recent Results : Growth in Operating Profit with increase in operating margins (YoY)
Some Negatives:
MFs decreased their shareholding last quarter
Inefficient use of shareholder funds - ROE declining in the last 2 years
Declining Revenue every quarter for the past 4 quarters
Declining Net Cash Flow : Companies not able to generate net cash
My Opinion: I am positive on PSU Oil and Gas.
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
LT - Interesting PatternThe stock is forming an interesting pattern since last year.
Runs bullish for quite some time, breaks the support of the bull run then comes to retest the support area.
The sequence is shown on the charts.
If the present rally continues, this time price may go to 2500 around, (according to the past week's behavior).
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
LT - Seeing the opportunityAll levels are mentioned on the charts.
The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ).
The best entry price is as near as possible to 2150
If breaks down from 2150 for a couple of days, then the bullish view will diminish.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Reliance - At A BreakoutThe stock has been moving in a parallel channel for the last 2 months. Now comes to breach upper level. If crosses the channel and sustains above, may go to 2375 or even 2500 in coming sessions.
If sustains below 2290/80, will go weak.
The risk-reward ratio is very good at this point.
This is only my personal view for learning and sharing purposes, not a trading recommendation in any form.
All the best.
US 30 - At Crucial levelThe index has been traveling in a rising channel formation for the last year. This time it reaches the top edge of the channel. If doesn't sustain the above, a downward journey is possible.
We just see our risk-reward. Keeping a stop-loss of around 36400 on a closing basis for two days. or according to one's risk management. target seems 35700 or more.
The setup fails if sustained above the channel.
This is only for learning and sharing purposes, not trading advice in any form.
All the best.
CDSL Buy for 40% Gain...- CDSL is India’s largest securities depository in terms of number of accounts with the highest - -share of incremental growth of demat accounts.
- The total number of demat account investors in India reached over 12 crores, with more than 9 crores registered with CDSL.
- Highest Ever Quarterly revenue of 207 crore.
- Highest every net profit of 109 crore in sept. quarter.
- Making cup and handle pattern.
- target 1975, 38 % from current price.
Future Initiatives:
The company is assessing the potential for loan against insurance policies and the adoption of e-insurance frameworks
Warning - not a buy or sell recommandation ask your financial adviser before investing.
Bandhan Bank - Short Term SetupThe stock has formed a good support base at 210 since July 23. In recent sessions, there seems a support of 220.
There is a gap formed at the above side at around 236.
If maintain the support of 220 in the coming sessions, may go to test the gap at 236, and the further target comes around 245.
If sustaining below 220, there should be an exit.
This is my observation shared for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Banknifty till December 2023this research is the based on the past data of the market and at this levels reactions of market.
channel of trend is uptrend on daily basis.
and looking channel is nw high of market or near the all time high of market.
we can consider this research valid till mid of December 2023.
level 1 44400 -44600
level 2 44950-45202
level 3 45890-46265
Nifty Chart set upA few days back, we had mentioned that Nifty may fall towards 18820 odd levels
When 18820 odd levels came, despite gloomy world markets and our markets also going through a sell off, it was suggested that Longs could be initiated.
Results are in front of you.
Going forward: Buy on dips can be considered.
Till the time Nifty stays above 19030 - 18960 odd levels, Nifty has higher probability to move towards 19440 / 19680 / 19905 odd levels
SL can be kept initially at 18960 on closing basis. If Market keeps moving upwards Keep trailing SL higher
Take care & safe trading..!!!
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Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be