Intraday
#IDEA long trade setup (23/01/24)Greetings Folks,
today I have prepared a setup of NSE:IDEA on NSE
the analysis is as follows-
- the price was on a great bullish run
- right now, the indices as well as the stocks has fallen more than anticipated
- the circle marked has the highest probability of being a support now
- no market falls continuously, if this is a start of bearish run, we may see a little retracement in up side
don't play with fire, always use a predefined stoploss
11 YEAR RANGE BREAKOUT IN NFLNSE:NFL
National Fertilizers Ltd. engages in the manufacture and sale of fertilizer products.
Its operating segments: Own Fertilizers, Fertilizers Trading
The Own Fertilizers segment includes urea, bio-fertilizers, and bentonite sulphur. The Fertilizers Trading segment comprises of indigenous and imported products.
Technical Analysis
On monthly time frame it is forming A horizontal resistance At a price of 90.
The range is 11 years old, Also it has formed a short term range around resistance zone and Now it is approaching that Resistance with good volumes.
Entry should be above 90 and The stop loss would be below swing low which currently is 63.
Target prices are 120 a minor resistance on monthly time frame and secondly 150 which is all time high of this stock.
Use proper position sizing method to enter on breakout.
KEEP LEARNING,
HAPPY TRADING.
JSW Energy : right time for investment;Fundamentally good stock.
don't be aggressive to enter.
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entry: 300
target: 325 / 375/ 395 / 410
stoploss: 280 / 250
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right time for Long term INVESTING.
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" better wait for this weekly candle to close above 300 "
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yellow boxes mentioned above are major levels.
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Refer old ideas.
reset chart for better view.
HDFC Analysis for 2nd January 2024HDFC follow a trendline as per I draw.
Nearest strong Support at :1696
If tomorrow price break the trend line then your buying entry will be available after price settle up 1705.
Next Support area 1684.55
MACD and RSI is indicate bearish for intraday.
In a day timeframe Log term HDFC is bullish . If you are an investor then you can buy on dip.
NGL Fine Chem Ltd | a Momentum pharma stockNGL Fine Chem Ltd | a Momentum pharma stock
Established in 1981, NGL Fine-Chem Limited manufacturers and markets APIs, Intermediates and Finished Dosage forms for human and animal pharmaceutical product. It caters to various Indian and global companies with high quality and reliable products.
Financial:
Market Cap = 1,382 Cr. ROCE = 11.5 % ROE = 9.31 %
Debt to equity = 0.11 Promoter holding = 73.1 % Piotroski score = 4.00
Quick ratio = 2.06 Current ratio = 2.58 Return on assets = 7.11 %
Profit Var 3Yrs = 18.5 % Sales growth 3Years = 21.8 % Pledged percentage = 0.00 %
in Technically you can see monthly and weekly strong RSI Momentum
financially also debt free company as well as company has good capex plan in comming years
so this will be next multibagger if hold for long time.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like ,boost and follow me for more ideas.
Thanks and comment freely
29 Dec Nifty Bank Analysis48180 Support Zone. If volume will be low then Sort term resistance will be 48374.48593 is strong resistance.
Strong resistance: 48593
Any bearish candle near resistance SELL.
Intraday Levels:
Support: 48180
Buy small quantity near Support.
Expectations: Side base Day
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
Kaustav Hazra
NIFTY INTRADAY LEVELS FOR 28/12/2023BUY ABOVE - 21670
SL - 21590
TARGETS - 21740,21820,21910
SELL BELOW - 21590
SL - 21670
TARGETS - 21490,21410,21330
NO TRADE ZONE - 21590 to 21670
Previous Day High - 21670
Previous Day Low - 21490
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 28/12/2023BUY ABOVE - 48350
SL - 48200
TARGETS - 48600,48800,49000
SELL BELOW - 48030
SL - 48200
TARGETS - 47820,47650,47420
NO TRADE ZONE - 48030 to 48350
Previous Day High - 48350
Previous Day Low - 47820
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
#GVKPIL long trade setup (27/12/23)Greetings Folks,
today I have prepared a setup of NSE:GVKPIL
on NSE
the analysis is as follows-
- the price was following a resistance trendline and broke down due to drastic fall in index
- the price is now in a minor range and we are expecting a breakout of the range
- don't trade if the price breaks down
don't play with fire, always use a predefined stoploss
#GVKPIL long trade idea setup (20/12/23)Greetings Folks,
today I have prepared a setup of NSE:GVKPIL
on NSE
the analysis is as follows-
- the price is currently following 2 trendline as support and resistance
- as the price nears the end of trendlines we may look to buy for upside
- do not go for short selling the stock as the indices are very unpredictable at the moment
don't play with fire, always use a predefined stoploss
LT - Seeing the opportunityAll levels are mentioned on the charts.
The stock comes near its five-month-old support trendline. If bounces from here, maybe in an uptrend again. the upside targets maybe 2350 or even more ( you can see the previous broken support retest behavior ).
The best entry price is as near as possible to 2150
If breaks down from 2150 for a couple of days, then the bullish view will diminish.
Only for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Reliance - At A BreakoutThe stock has been moving in a parallel channel for the last 2 months. Now comes to breach upper level. If crosses the channel and sustains above, may go to 2375 or even 2500 in coming sessions.
If sustains below 2290/80, will go weak.
The risk-reward ratio is very good at this point.
This is only my personal view for learning and sharing purposes, not a trading recommendation in any form.
All the best.
#BHEL trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:BHEL on NSE
the analysis is as follows-
- the price was on a good trend but is now starting to change the bias
- with the recent failed breakout, its clear that price is not in full bullish mode
- we are waiting for price to decide a bias in coming days
- the price can go move sideways or give a proper light in its direction by breaking out either side
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#SUZLON long trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:SUZLON
on NSE
the analysis is as follows-
- the price is following a trendline as resistance and is now nearing to breakout from it
- the price is also making gradual higher lows indicating that price does not want to go below past swing that serves as a bullish confirmation for our trade
- wait for either breakout or retest to enter the trade
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
#INFIBEAM intraday long trade setup (16/12/23)Greetings Folks,
today I have prepared a setup of
NSE:INFIBEAM on NSE
the analysis is as follows-
- the price is in a uptrend momentum right now
- following a weak breakout, price is now retracing to fuel back its efficiency and momentum
- as the price has returned more than 50%, its better to let the price take stable support
- there are 2 possibilities, either the price take support at the trendline or the zone mentioned in chart
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
Bandhan Bank - Short Term SetupThe stock has formed a good support base at 210 since July 23. In recent sessions, there seems a support of 220.
There is a gap formed at the above side at around 236.
If maintain the support of 220 in the coming sessions, may go to test the gap at 236, and the further target comes around 245.
If sustaining below 220, there should be an exit.
This is my observation shared for learning and sharing purposes, not a bit of trading advice in any form.
All the best.
Cheviot Company Ltd | A Trending sectorCheviot Company Ltd | A Trending sector
Established in 1897, Cheviot Company Limited is a flagship company of Group Cheviot. The company is engaged in manufacturing and sale of jute goods like Sacking, Hessian and Yarn.
Located in West Bengal, the company is recognized as a Trading House by the Government of India
Market Cap =₹ 914 Cr. ROCE = 12.7 % ROE 9.76 % Promoter holding =74.8 %
Debt to equity =0.01
we can see rounding bottom pattern so clearly shown that consolidation period over and price enter in to momentum zone.
its take some time to reach target but company is almost debt free so I don't bother to invest for long time until my target reach.
company's product portfolio is very strong and in demand for long term .
friends this is my view. please do your research before you invest.
I am not SEBI registered financial adviser.
if you like my ideas than like boost and follow me.
support for more ideas.