JKCEMENT looking good above 3000In this, the price formed a head and shoulders pattern at the FIB Retracement golden level of 0.618 and broke out with decent volume, now trying to continue its up move. This is the best time to take entry
Investing
IndiaMART is ready for Blast IndiaMART, the country's first and largest B2B digital marketplace, has emerged as a game-changer in the B2B scene. It focuses on quickly and easily integrating Small and Medium Businesses (SMEs) into the new paradigm; it is continually pushing the boundaries of innovation to make the online marketplace more accessible, visible, and engaging to them. This B2B classified market connects buyers and suppliers. On the platform, there are 14cr+ customers and 70L+ providers. Because 36% of providers are also purchasers, the system is remarkably self-sustaining. A subscription-based business model that is simple to administer.
Technical :- In this, Price made a symmetric triangle pattern in higher time frame and also made a bullish penant pattern in smaller time frame.
Entry :- 15min Time Frame triangle breakout retest
Stop loss :- ₹4580
Targets :- ₹5255,6875,7770,8800,9670,11390,13570,17390,19520 (Big targets are for the long term)
Clear uptrending chart with breakoutClear uptreading stock with all time high breakout. Good swing trade idea for 8% return in couple of week.
Huge VolumePrice break the consolidations zone with extremely high volume , high chances we will see a continuation Move . I prefer to place a Stop loss below 490 ( Daily closing basis) Target of 630/800
Breakout attempt failed Breakout attempt failed thats why closing very important for #breakouts
#CMSINFO
#StockMarket #investing
Pattern Name ??Price out from down trend channel and break the upper boundary with heavy volume and Made a Probably W pattern . Chances are high price try to touch life high .
Shree Cement is ready for up move Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share.
Technical :- Symmetrical Triangle breakout with good volume retest done.
First Entry :- Aggressive traders can enter now
Stop Loss :- ₹22500
Second Entry :- above ₹25600
Stop loss :- 23450
Targets :- ₹25750,29390,31234,35890,40720,50000,54900
Flag Pattern breakout, Upside possible On daily chart the scrip moving on HH pattern, Yesterday it broke of a flag type pattern, Keep the stock in radar
Symmetrical Triangle BreakoutThe weekly chart of Max Health Care Cleary Shows a Symmetrical Triangle Breakout.
Breakout happened with a good volume bar.
The stock can touch app 480 - 500 as per the pattern. However the stock is in an uptrend.
So even when the target is achieved one may hold the stock with trailing stop loss.
RELAXO formed a descending triangleRELAXO is ready for up move after breaking 140days consolidation. Also you can see that it formed a descending triangle which will break soon.
RELAXO formed a descending triangleRelaxo is ready for up move after breaking out it’s 140 days of consolidation. Also you can see it formed a descending triangle it will break sooner
Continuation of Trend Below 248.00 (closing basis) act as a Stop loss . After price break the well defined boundary breakout confirm .
Bank Nifty PRZ for Riversal 41000- 40880 Watch it for Target 4Bank Nifty PRZ for Riversal 41000- 40880
Watch it for Target 40600- 40350- 40130- 40000-39620+
SL above 41000 - 1 hour candle closing basis
DCW*Companies fundamentals are in increasing side.
*EPS strength is above 80
*Cash Rich Company.
*PE is below 20
*Debt is reducing regularly
*Demand is A+
* Cup & Handle Breakout
*Near to its ATH
Technical+ Fundamental Stock
Clear uptrending chart with breakoutGood stock for swing trading hoping it can generate more than 5% return in couple of week. As indian and the global market are reponding positively and market sentiments are in positive direction we can go with such type of stategy
Pole and Flag Pattern Flag Pattern is one of the most popular chart patterns, formed by price action, which is contained within a small rectangle or a channel in the shape of a flag. Flags are short-term continuation patterns that mark a small consolidation before the previous move resumes.
What is 'Flag' Pattern?
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits.
The flag pattern could be bullish or bearish pattern. Flags can be seen in any time frame but normally consist of about five to 15 price bars.
Targets: The length of the flagpole can be applied to the resistance line of the flag to estimate the advance or target area.
Investors Pain near to End Price out from down trend channel and now ready for touch life high and for our risk parameter we exit if price close below red line mentioned in chart daily closing basis .
Astral Daily Analysis CMP 1793 Buy for Traget - 1900-2000-21Astral Daily Analysis
CMP 1793
Buy for Traget - 1900-2000-2100-2200-2300-2500+
can buy Aug fut of 1900 CE Trading @ 39
Holding period till August end - cash buyers can hold 2-3 months
SL for fut-CE is Candle should close below 1700 in Spot
Shree cement long opportunityNSE:SHREECEM
Stock -> Shree Cement
TimeFrame -> Weekly
Hello all!
Shree Cement has been moving in a channel since Feb 2016. It came back to its lower channel trendline, bounced back with extremely high volumes and also broke trendline 1. I believe it makes for a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long:
-Support from both 50 and 200-week EMA
-Support from both 50 and 200 daily EMA
-Presence of a strong support zone
The Risk reward ratio is also decent. The ideal place for entry would be at the retest of trendline 1, although a few quantities of the stock can be bought at the Current market price.
*NOT A CALL*
#shreecement #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing
Invest in Marico?Personal, I am waiting for MARICO to drop below 510rs in the near future for my first entry into the company. Marico has a complete dominance in the oil industry, and right now, Marico is heavily focused on their Saffola brand, with an aim to generate 850cr in revenue from the brand.
And the earnings from saffola in 2022 is extremely strong and expanding.
BULLISH on ASAHIINDIANSE:ASAHIINDIA
ASAHIINDIA has given a breakout and has made a 52 week high after 6 months of correction. The volume is also high on the breakout. The MACD has also given a bullish signal. The price is trading above the moving averages which shows bullishness. The RSI is also trading above 50 which shows good momentum. This view is for long term as the price is given all time high breakout. You can also invest in this stock and i will update when to exit. The SL level is around 550 levels.
Disclaimer : This is my own analysis and view. This is for educational purposes. This is not a recommendation, call or a tip.
BTC/USD - Weekly OverviewThe month started with bearish sentiment and still prevailing as the world’s largest cryptocurrency is unable to maintain sustainability above the crucial psychological mark of $20K.
Since the past month, the price level had a negative breakout from the rising channel pattern and currently possibly forming a falling wedge. Furthermore, it should be noted that BTC is struggling at the lowest level of Fibnonnaci retracement table.
Technical indicators including RSI are also replicating similar sentiment as it had failed to break above 50 since mid of the past month.
During the previous week, MA-50 faced a sharp negative breakout against MA-100 which suggests that further correction can occur.
Overall, Bitcoin needs to sustain crucial support levels including $19K and $17K. If there’s a quick of sentiment in the market conditions, resistance levels can be placed at $21K and $23K.
