Indianstocks
SWING IDEA - BIRLA CORPORATIONBirla Corp , a key player in the cement industry, signals a compelling swing buying opportunity driven by strong technical indicators.
Reasons are listed below :
After multiple tests, a robust breakout above the 1600 zone signifies a significant shift in market sentiment.
The breach of a consolidation area spanning over two years indicates a decisive move in the price action.
A bullish engulfing candlestick followed by confirmation in the subsequent week signals a reversal to bullish sentiment.
Trading above the 50 and 200 Exponential Moving Averages (EMAs) on the weekly timeframe indicates a bullish market stance.
The pattern of consistent higher highs reflects sustained bullish momentum.
Elevated trading volumes validate the strength of the breakout, indicating heightened market participation.
Target - 2112 // 2315
Stoploss - weekly close below 1464
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@visionary.growth.insights
Long consolidation BOA good possibility of a BO is in the making. If it can sustain then the higher levels (blue lines) can be achieved.
A strict SL should be followed (red line) and for best results, trail the SL based on something that is uniquely your own !
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To get long term consistency you must create your own system by absorbing what is useful, discarding what isn’t, and adding what is uniquely your own.
- Yvan Byeajee
Jamna Auto Industries: Breakout of the Year 🚀Greetings traders! 👋
Today, I'm excited to share my analysis on Jamna Auto Industries #JAMNAAUTO has broken its previous high with significant volume, indicating a potential breakout. This breakout with volume setup suggests strong momentum and presents a compelling swing and positional trading opportunity. Our analysis includes thorough volume analysis, multiple timeframe analysis, and momentum indicator support, pointing towards a bullish trend continuation.
Don't miss out on this breakout opportunity in Jamna Auto Industries!
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks!
6 month consolidation BO + Golden Crossover + Flag FormationA 6 month basing consolidation BO has happened.
Even a golden crossover has occurred.
If one were to observe carefully, its even a flag formation (BO of flag yet to happen).
One can take a small entry now and a full (position size) entry after flag BO with a strict SL of 2350 closing basis. As per consolidation the possible levels that can be achieved are 3200, but trailing the SL is always a better way to trade.
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A trader understands that the price of the stock is the only true indicator.
The stock's price backed by volumes has factored in all the knowns, unknowns, dreams and impulses of all those who are in the market.
- A. D.
JAGRAN for Swing Trading 🚀Greetings traders! 📈 Today, I'm thrilled to present an intriguing setup on JAGRAN, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential.
📊 Indicator Support: Momentum indicators are providing robust backing to the bullish momentum.
📈 Keywords: Strong volume participation, comprehensive multi-timeframe analysis, bolstered by momentum indicators.
Stay tuned as JAGRAN gears up for potential bullish momentum! Remember to conduct your own analysis and deploy effective risk management techniques.
#JAGRAN #PositionalBreakout #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
BFUTILITIE Breakout With Volume Setup 🚀Hey traders! 👋 Today, I'm sharing my analysis on BFUTILITIE, which is showing a breakout setup with strong volume. Here's a breakdown of the setup:
📈 Setup: Breakout With Volume
🔍 Analysis: I've conducted a thorough analysis on multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are showing support for the bullish momentum.
🔍 Keyword: Good volume, multiple timeframe analysis done, momentum indicator support, etc.
Keep an eye on BFUTILITIE for potential upside momentum! Remember to conduct your own analysis and manage risk accordingly.
#BFUTILITIE #BreakoutSetup #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
Technical Analysis and Trade Setup: SJS EnterprisesSJS Enterprises
CMP: 636
This stock has been in correction mode for some time now. On Friday, it broke out of a small range and trend line, but the breakout will be confirmed only if it closes above 655.
Once the trade becomes active, the stop loss will be set at 585. The targets will be 745, 840, 890, and 970+.
Refer to the chart provided to see the support and resistance levels, their flips, and the logic behind the trade.
Feel free to share if you found the analysis helpful.
All Time HighOn a daily TF the stock has formed a rounding bottom pattern.
It has also given a BO to ATH levels.
With a strict SL of 167, one can enter for possible levels of 250 - 270
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When new traders first enter the fascinating world of trading & investing, they run quickly to bookshelves & absorb the trading masters.
But Neophytes must move slowly & protect capital until experience finally awakens knowledge.
Only then will traders finally discover what works & what doesn't in this challenging game.
- Alan Farley
Supriya Lifeciences Episodic Pivot TradeSupriya Lifesciences made a gap up (episodic pivot) on 8th Feb due to its blockbuster earnings, intresting part is even in the carnage of Smallcap & Midcaps the gap has been sustained continuously for 3 consecutive days, and never did it break the low of the EP candle. This shows strength in the scrip and I believe in the coming days once the market recovers, this scrip will move easily towards 400, 440 zone.
Stoploss 312
DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.