AUROBINDO PHARMA Trading Setup1. Channel pattern breakout
2. Retest
3. Making higher highs & higher lows
4. Good upside potential
Higherhigh
Short Term Opportunity in Manappuram Finance
Manappuram Finance has broken the Long Term Trend Line and has also retraced. It is making bullish moves with Higher Highs and Higher Lows for the past few sessions.
The bottom Trend Line is also providing a good support to take the price higher towards ATH.
There is also a strong resistance at 168-170 from where the price has been rejected a few of times.
If the price manages to break this zone then it could be a race to a target of 183.70 and then to ATH.
Keep on your radar.
12% Rites breakout - Backtesting my swing👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
👑 Strategy :
- Parallel channel
- Higher lows inside the channel
- respecting a good trendline supportive one inside the parallel channel
- good breakout with good candle and volume too
- gap not sustained and then accumulated there and now a breakout = good sign of breakout creation
- let's see if the market supports it or not !!
- Backtesting with small qty
- Make your setup on it use extremely less capital and lets hammer it out with good profits :)
⌛ 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 ☃☃☃☃
Magadh Sugar BreakoutMagadh Sugar continuously making Higher Highs indicating bullishness, after consolidation about 10 trading sessions today given Breakout.
->> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
EURUSD following FIBEURUSD is bullish and its following fib levels from 2-3 weeks. if this current low(re-test) is real then it is just a new higher low go long for new higher high. Its a good time to go bullish. Higher high and lower lows are also forming.
Hindustan Composites Making Higher Highs indicating BullishnessHindustan Composites Making Higher Highs in Daily Time frame, We Will go long if the Trendline will Break.
->> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.
KOTAKBANK | RSI is making higher low - Looks good for 15-18%KOTAKBANK | RSI is making higher low - Hope to see triangle breakout for 15% - 18%
CMP : 1772 (Dip : 1700)
SL : 1650
Target : 2040
Almost 1:3 risk reward setup
Technically KOTAKBANK & HDFCBANK both are having good support and becoming stronger. Shared HDFCBANK chart 2 days ago
short term trend change after major fall it make HH and HL and fib extension 1.618 (74.3120) can be achieved
TATAMOTORS bullishTATAMOTORS turns bullish breaking major resistance level from last 15days. it has touched the previous high of month May. expected to turn bullish further with consolidation or retesting it as previous resistance level turning support.
watch the move
SYNGENE | Read description for all details :)🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: Retraced 50% in the near term swing high and swing low = bullish sign
⭐It's a triangle pattern here also if u see it carefully its kind of A big cup and handle type too :)
⭐Volumes: Today's volumes on 1hr are huge too
⭐Trade is possible only if it closes near the 610-620 LVL range :)
⭐Making higher highs and higher lows on 1hr too before this possible breakout
⭐Risk : Todays low ---- Target: Hold it until u see a reversal :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {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.
<<<<<>>>>>
Buy Auropharma @ 1016, T- 1060, SL - 999.50Buy Auropharma @ 1016, T- 1060, SL - 999.50
Stock is making HH-HL pattern & bounced from support levels
OnMobileTrending upwards and onwards.
Triangle pattern break out, Closing above 117 (dotted lines, will make it more bullish)
Lets learn and earn together #1 | Take Solutions best entry Well, I am a learner so whatsoever I learn and think I will post from now and will try to capture those moves in the future with u all :)
Everything I thought about Take solutions trade is written on the chart :)
Make sure you like and follow me here if u love the content and want more.
SHAKTIPUMP - RECTANGULAR BREAKOUTStock is currently in uptrend (HH &LL). Stock has consolidated well and now given breakout with good volumes .
WATCHOUT FOR THIS!!!Again, this stock was on my list from past month where it had to be accumulated and it has finally come out of the consolidation zone, it looks likely to give a breakout over 560 this week, make your positions on the long side with the mentioned stop-loss, stock has a lot of potential and can actually surpass it's all time highs!
#Nifty Trade Setup For Wednesday (24th March)As you see Nifty is making Higher high Higher low.
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It Means Market is bullish.
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So we will buy on dip sell on high.
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14880 is a stong resistance after that 15052 is second resistance.
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Caution: if Nifty Give Gap up or Gap down, we will wait for the right time.
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You can also give your suggestions in comment box.
Federal bank Bullish BiasNice structure again
can be bought at CMP
Target 1: 96
Target 2: 105
SL 78 levels
Amazon a new high again in coming days!***Trade at your own risk** educational purpose only***
1. Looking good on RSI 1hr structure and daily higher high if volume kicks in then it'll be a great
2. price should hold 3240-3250 range then it's a bull sign, SL 3220-3225
3. Target T1 - 3284, T2 - 3300-3332, T3 - 3360 in short term
A CLEAR BREAKOUT ON WEEKLY CHARTS!!Stock has given a clear inverse head and shoulders pattern breakout on weekly charts in today's session and looks pretty much ready to approach higher levels. Buying looks to remain intact and long positions can be taken.
ADANI GAS - Time to resurge?Self Explanatory Chart.
Divergence Spotted.
Keep a Stoploss based on your risk appetite.
Basically the threat is only when the price falls off the channel.
AUTOAXLES LONG TRADE SETUPthis stock making higher high and higher low formation on weekly chart and look like ready for take off from here for next higher high.keep stop loss below latest higher low on weekly closing basis.
