Refer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any...
NATCOPHARM
is Strong Performer development focused pharmaceutical company , today break 52w high with High volumes + high gain recorded .
This is my favorite chart pattern like "Cup and Handle " which is almost 80% successfully my side i believe on that for reached my targets' .
below some points of study for you like this ))-
Annual Revenue...
Good entry opportunity in Wheels India.
Price is on the trend line, so risk-reward ratio is good.
Can exit with 1:2 target also.
SL can be extended upto 530.
JIO FINANCIAL SERVICES (DAILY TIMEFRAME)
IPO base formation is taking place in this stock. Key levels to watch - Around 260 zone.
Retracement taken on 0.5 fibo zone.
The stock has been forming higher lows which shows bullish signs.
If it closes and sustains above 260 level then expected move upto 280 , 308 on short term.
for long Term Holding our...
Fundamentals:
Positive:
1. Increase in revenue
2. Profit from operating activities are increasing
3. Book value per share is increasing
4. ROCE increasing
5. Debt to equity is 1.1
Negative
1. Recent Qtr performances
2. 41% promoter holding
Technical:
1. Multi-year trendline breakout
2. High momentum
3. High Volume
Therefore buy it before it feels like,
"...
head and shoulders + flag pattern is formed
midcap and smallcap stocks are going to boom
intraday opportunity is less, but for two to three days of holding is good
for long term investment
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.reffer my old analysis attached below
Stock is consolidating at a good price range. Any size of green candle can be considered as a trigger. It is indicating a good swing trade. Fundamentals wise ICICI bank has given a good Quarter and Quarter results. Low risk high reward stock.
As a trader one must always look for a High Confluence setup. At least 3 technical points should meet at each other to be called as high confluence setup.
In this case of $LRC
1. Price crossed trendline
2. Support zone successfully retested and created a demand.
3. Price also reversed from 50% Fib retracement.
I am loving this, I am taking trade in it with entry,...
Good day :)
NIFTY IT has given a range breakout with a strong Marubozu open candle.
Most of the IT stocks are performing really good and most of them are giving breakouts.
I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS.
This stock has been in a channel since May 2022. In...
Overall Structure Looks Bullish
SL 320
Target 510-520s Zone
POC Zone 365s
Price is moving in HH & HL Pattern on WeeklyTF
The price is just above the 200day Moving Avg for the stock with divergence
Stock is trading near the POC line
Expecting a potential upside on the stock
Lets deep dive into Daily analysis
On Daily time frame Chart we are able to understand that...
#NIFTY50
GLOBAL : Global market expecting Fed will slow down its hke interest rate. (press release on Nov2)
Nifty : Bullish signal, may nifty will takeout all time high if fed slow down its rate hike. Major corporate results are over, only positive global news would take nifty from here on.
Stock : Tata Steel - Reported Negative growth rate ~6%.
Stock is currently at monthly demand zone.
keep accumulating for higher targets as mentioned in charts.
Its Monthly QML reversal Area at 256 /231. stock will bounce strong from this area.
Short to Long term investors
keep accumulating from 275 / 256 /231.
Sl weekly closing below 208.
Views are purely based on Zone.
