HDFC- Good Opportunity!The analysis is based on simple institution manipulation. After the merger of HDFC and HDFC Bank, retailer participation increased two folds which acts as an opportunity for institution to fill their orders.
Indianstockmarket
Will BPCL follow the Symmetrical Triangle Pattern?BPCL, one of the highest dividend payout stocks, forms the symmetrical triangle. The stock taking support at the monthly trendline with higher volumes compared to the last month. Oil price increase may be one of the reason behind this. Let's see whether it respects the trendline or not. What's your thought on this?
ARE WE STABILIZING AND HEADING TOWARDS RECOVERYWe have seen the pre COVID era when market was moving at a regular pace. MIDCAP was recovering after the fall of 2017. But suddenly as the dawn of 2020 we witnessed a huge crash.
As the crash was so sudden that is why most of the investors got panicked and we have seen a devastating sell-off. Though the fall was gigantic but the recovery was even bigger. In just a period of six months we not only recovered but also saw an unusual breakout is almost every stock.
Market continued to make new highs with very small corrections.
But suddenly after mid of October 2021 the correction tends to get deeper and deeper. Huge sell offs by the FIIs have made the retail investors anxious.
But this is not new. FIIs were already complaining about the high market prices of most of the stocks. Many of us would blame the WAR, elections and FED Rate hikes. But the matter of fact is that we were already witnessing this sell of since six months. And unsustainability from the highs even after the Indian Budget'22 just confirmed the forthcoming fall.
I do believe the correction was significant which was also a buy opportunity for long term investors. Maybe we are heading towards recovery as many of the stocks of Indian market have almost tested their levels of January/October 2020
JHS SVENDGARD : Long Term InvestmentJHS Svendgard Labs is an oral care products manufacturer. After showcasing strength and emerging from a week long compression, we have returned to the origin of the impulse. Any reaction from our Point of Interest will give a good opportunity to look for positional/investment based longs with SL below the previous swing low on weekly timeframe.
Disclaimer : This is a educational trade idea, not a tip. Do your own research.
Nifty analysis for 15/02/2022As i told you yesterday the chances of being bearish of nifty is very high , thats why we witnessed heavy gap-down market today
here, we clearly see that nifty is breaking down from it's triangle pattern , and DAY candle is also closed near it's low so there is chances of market will touch moving average .......
let me know in comment section what do you think about market view..............................
Successful trader trailing stoploss part the trading profit fullSuccessful trader trailing stoploss part the trading profit full
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Triangle breakout in GNFCIf we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near to the psychological level of Rs 500. Once the stock gives closing above Rs 500 in the daily candle closing, we can see a good move. We can easily aim for 5% - 10% returns from the stock.
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Channel Breakout in HEMIPROPLooking at the chart in daily timeframe for Hemisphere Properties, we can clearly see there is a breakout from the channel pattern after almost a year of consolidation. The upper trend line of the channel has been broken with absolutely huge volume. We can see a small consolidation after the breakout which is a healthy sign for the stock to move upwards. If the momentum continues, it can easily give double digit returns to the investors.
You will also find many other stocks ideas in my profile! Do like it :) It will motivate me to write more
Triangle Breakout In BrigadeLooking at the daily timeframe for Brigade Enterprises, we can clearly see a triangle breakout after 4 months of consolidation. Currently it has broken the upper trend line of the triangle. If we see, the breakout candle was a bearish doji candle but the next 2 candles have confirmed the breakout. The current closing is at Rs 517 which can be considered for buying. It is also near it's all time high. We might be seeing a price discovery from the next few candles. A very high probability of 5% to 10% push in price is possible.
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Triangle Breakout in AsterDm HealthcareIf we see the daily timeframe for Aster DM healthcare, it is clear that the stock has given a breakout after 5 months of consolidation inside the triangle pattern. Currently it has broken the upper trend line with good volumes. It is also near to the psychological level of Rs 200. If it breaks Rs 200 with good volumes and gives a candle closing above it, we might see a aggressive buying in this stock. With the current momentum, we can definitely look out for 5%-10% gain from this stock in the short term.
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Triangle breakout in Gujarat AlkaliesIf we see the char in daily timeframe for Gujarat Alkalies, we can see a triangle breakout with rise in volume. The upper trend line in the triangle has been broken. The momentum has been very good from the past 2 candles. If the bulls support the momentum, it can easily give us more than 5% returns in the short term. This breakout might also lead to All Time High. But we can't predict anything.
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DHAMPUR SUGAR MILL (NO INDICATORS - ONLY PRICE ACTION) 1 - Stock has been forming channel pattern
2- good support @bottom and almost five resistance at top
3 -And low selloff candles which is good sign
4 - one can enter after the breakout (Always observe the candle while entering on breakouts (Is the candle closed strongly or weak))
NOTE : I only use simple price action Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
GANESHA ECOSPHERE (NO INDICATORS - ONLY PRICE ACTION)1- Nothing much to explain very simple analysis
2- channel breakout with reversal pattern in weekly time frame
3- Reversal pattern confirmed with second week closed in Green , which is good sign.
4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
5- still if you want to set a target then go with 1:2 or 1:3 risk reward
6- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
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