Xpro India: Grea RS Strength more uc than lc. Least risk point.Hello Traders,
Xpro India is trading at 638. It is trading at least risk point. One can enter the stock at cmp which is 638 with tight SL of 619. If it takes an upmove the immediate target would be 723 and from there we can trail the SL.
Even with 723 as target it is a pretty good Risk Reward.
So the Xpro india trade looks as follows:-
CMP: 638
Entry: 638
SL: 619
Target: 723 and Trail SL rather than booking at 723.
Happy Trading!
Good Risk/Reward
Borosil Ltd - 10/15mth VCP with great R:R (1:8)
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: The breakout levels are derived from the weekly line chart which are respected by smart money much more than candlestick levels.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON CDSL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON TATACONSUM.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON JSL.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON ASIANPAINT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
AMARAJABAT: Looks good for the swing trade.This stock makes a very good channel pattern. And importantly the retest was also completed, let's see how it will perform. We can look for a good risk-reward ratio here.
GNA AXLES (Short Term Study)- Stock in Uptrend - ✓
- All Time Breakout & Pull Back - ✓
- Huge Volume During Breakout - ✓
- Accumulative Volumes before Breakout - ✓
- Previous swing High Breakout - ✓
- 4.6x delivery volumes during breakout - ✓
- Promoter group continuously buying shares - ✓
- Stock Outperforming Nifty & its Sector - ✓
- Spread Chart Breakout - ✓
- Increasing Relative Strength - ✓
- Positive Qtrly Performance - ✓
All logical parameters met for Short Term Trade - ✓
Analysis for Bank Nifty
-This is how I see Bank-Nifty view for longterm like 2 weeks . We can buy a Hero-Zero of "37400CE 23 Sep" so we can have a nice big target
-First target is 37000 second can be 37200 & Third can be 37400 ,But if market Break the level of 36946.60 then i will go for a long till that time i will wait :)))
the reason of this longvision is " we had saw an all time high at 15 Feb after that market had gone in a "Consolidation zone" this is why i an hoping a nice good game in this 15 days
A retast had also come in a bigger time frame like 4H Now no one can stop this rally if it touch the level of 36946.60
BEST OF LUCK BANKNIFTY
NSE:BANKNIFTY
Swing Trade: NESTLEIND => Channel Pattern Breakout, don't miss.I can see a good channel breakout in the Nestleind stock on a daily timeframe. Retest also completed. That's why this stock looks excellent for the swing trade. This stock was consolidating in a channel for almost more than 500 days. And now it gave a breakout. Let's see. How it will perform.
FORTIS looks lood positionallyChart Structure:
- Price came out of Darvas Box consolidation on 17th August.
- Consolidation was happening from May to August.
- After the Range breakout, the price took a little pullback.
Volume & Deliveries:
- During the consolidation phase, many days with positive volume activities were witnessed.
- Average Deliveries were 10.79 lac shares per day before Darvas Breakout.
- During breakout the average deliveries per day were 38.60 lac shares.
- In total, 7 sessions during the breakout, a total of 2.70 crore shares were delivered.
- Out of 2.70 crores, 41.86 lac shares were purchased by The Big Bull (Rakesh Jhunjhnwala)
- During the month of July, 19 Mutual Funds have increased their Holdings in Fortis whereas 8 Mutual Funds has decreased their holdings.
Relative Strength:
- From 8th March, the stock started outperforming Nifty in absolute terms in 6 months TF & from Adaptive RS date 16-Feb 2021
- Since then, the stock is outperforming Nifty as well as the Midcap index.
- Stock is outperforming the benchmark index and its sectoral index in 1W, 1M, 3M, 6M, 1Y & 2Y Timeframes.
- First Spread chart breakout happened on 18th August & the Second Spread breakout happened today on 27th August.
- With its performance in all timeframes and spread breakouts, it is established that the stock is an absolute outperformed, a Tendulkar indeed.
Company's Financial Performance:
- Fortis's Sales growth QoQ is 13% & 133% YoY
- PBT Growth stood at 342% QoQ & 1179% YoY
- PAT growth stood at 514% QoQ & 6700% YoY
- Overall company has posted super Quarterly numbers.
Sectoral Performance:
- A breakout happened after a consolidation of 2 months in the Healthcare Index (custom) and the index rose by 19.50% from that point. Another breakout happened recently on 16th August.
- Healthcare index is outperforming Nifty & the Midcap index in both short term (55) & long term (123)
Other Note-worthy points:
- Due to the geopolitical tensions happening due to the Afghanistan situation and due to the fear of the third wave of Covid, the institutional money has been shifting towards defensive sectors, like FMGC, Pharma etc.
- In this point, Big Bull has also increased his positions in Fortis, now owning more than 5% of the company.
- Due to these sectoral tailwinds and other factors, the stock is expected to perform well.
Most of the above-discussed factors look positive in favor of Fortis. The stock giving favorable returns positionally is probable.
Vishwaraj Sugar - 6mth C&H The tall volume bars over the past 3-4 months indicate heavy accumulation. Additionally, the stock held up well during the smallcap selloff
in the past few weeks . We might see a likely breakout soon.
BUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Good Long Opportunity on GUJGASLTD.here is a good buying Opportunity on GUJGASLTD.
Can be Bought above the high on Friday Candle and Stoploss will be Low of the Friday Candle and a Risk-Reward of 1.5 can be easily achieved after that trail you SL according to the Plan.
The price is in the Pullback Zone and a Green candle is seen in this Zone and expected to get a good return.
If you have any other things you want to know just leave a comment.
L_TFH WITH PRICE ACTION ANALYSIS NSE:L_TFH Doji pattern in Day
Buy at 89 and Tgt 145 Sl 80
Green lines are adding more indication.
Red lines are targets as per your wish.
Wait with patience this trade will play with your emotions.
validate the charts and enter, strictly for education purpose only.
Best of luck
Lets plan to get 6% in RELIANCE with Risk of 1-2%👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
📌 Strategy: A good fall but still near good MAs on D charts
✣Risk in the trade is just 1 to 2% that's the quality of the trade :) thus a little more capital can be used but at your own risk
✣The pattern is like a fall - a consolidation zone with RSI bullish divergence and confirmation of breakout from the zones of consolidation
✣Simply watch the morning of Monday if it gaps down = watch if it breaks the level of 2130 again on 15min close
✣If gaps up but not much about 1% then wait for 15min close and see what is happening
✣The best is if it opens sideways then watch for 15min close if above 2130 a good length is initiated
⚠ IMPORTANT POINT: Firstly do your analysis then only think of this trade and set the risk first, only that amount that you are willing to lose and will not get affected even if you lose it and also that amount if you lose it you won't curse me if the analysis flops hahaha just kidding, jokes apart, be patient to capture the movement and be impatient to get out if its a losing one and SL is triggered, don't put tight SL rather use less capital
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼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 :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃