TORRENTPOWER (idea update part 2)This is an extension to the analysis posted before.
The stock has already given a 1:3 RR.
The power sector is seeing huge inflows and that is expected to continue.
Torrent power saw extra-ordinary buying volumes with low volume pullbacks.
Time horizon : short term-medium term.
Long-term
► ADVANCE PATTERN #18: AFFLE ◄► ADVANCE PATTERN #18◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly ❤ like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and announcement 📣 regarding stock analysis.
▣ Key Highlights:
➟ Time frame daily Ⓓ
➟ Horizontal Support ≕
➟ Trend line ⍩
➟ Triangle pattern ►
➟ Flag Pattern 🚩
➟ MA 100 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 5400
SL: ✘ 5200
Target: ➚ 6500/6800
RR: ☈ 1:7
Return: 25%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
---------------------------------------------------------
AMBER - simple short term analysis enter @3000-20 range
sl below 2970(risk 60 point)🙏
trgt 3150-3270-3400+
long 3700-4000++
🧩fundamentally strong stock.
🧩chart looks good.small risk high benefit trade.
🧩the stock is in a good support zone
🧩weekly chart.chance to continue its trend.👇
study then invest🙏
Au Small Bank ( resistance gap Filled)buy level- 1030 to 1060
target- 1100- 1140-1175 & all time high 1348
time 2-3 months
return more than 25%
KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL
NOTE – EDUCATIONAL PURPOSE
(Consult your financial advisor before any decision)
LONG-TERM-ACCUMULATION-CHANNEL-BREAKOUT-VOLUME-PROFILEDisclaimer-:
1. Long-Term Bets can be solely made from technical analysis if done correctly. Nonetheless this can be used in combination with Fundamental Analysis . So readers feel free to comment fundamental ideas if any, either in support of long or short, both will be highly appreciated.
2. **FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED.
3. Do ask your questions in the comments if any.
VOLUME-PROFILE-:
Can be used to identify accumulation/distribution regions when we compare the current region volume to previous/historical volume.
During trend-reversal if the previous trend volume is lower as compared to current region volume then high chance that reversal will take place and will face less resistance to previous trend.
By spotting the regions at the right time we can enter and not miss out on the nice trend.
OBSERVATIONS-:
NSE:IBULHSGFIN was in a downtrend. it broke out of the channel whose trendlines have been tested at least 3 times. Thus giving a strong breakout.
Recently it formed a nice triangular pattern and has given a breakout.
The volume of current region is very very high compared to the volume of fall. It means trend -reversal will happen and now accumulation is happening. Moreover as it moves forward it will face weak resistance.
A nice breakout above 300 level will confirm and uptrend may start.
TARGET WITH LOGIC
Since the all the time high level, 1370 , stock has been falling with very low volume . While now the volume of accumulation is too high, so there is a high chance it can reach the all-time high.
ENTRY-:
Above 300 breakout with confirmation. You can also do position sizing .
STOP-LOSS-:
Since 55 is a nice support level so for a long-term bet a conservative and wide stop-loss is essential. In this case since the target is high enough, it makes sense to have a deep stop-loss.
EXIT
Sometimes we have to exit before target. Following can be taken as signs of bearishness-:
1. If there is bearish candlestick pattern in 1W timeframe, stop-loss can be trailed to a nearby support level .(Like Candle Low)
2. If there is RSI Divergence in 1W timeframe, better to exit at close of 1W since afterwards there can be long consolidation or reversal.
3. If the trailing stop-loss is hit, please exit
**IF YOU LIKE MY ANALYSIS, KINDLY GIVE A THUMBS-UP AND SHARE IT IF POSSIBLE, HELPS A LOT :)
**I WILL POST NECESSARY , SIGNIFICANT CHANGES IN THIS THREAD LIKE ADDITION TO POSITION, EXIT SIGNALS, BREAKOUT ETC.
TO AVOID MISSING OUT ON UPDATES PLEASE REMEMBER TO FOLLOW THE POST AND MY ACCOUNT.
**YOU CAN TURN ON NOTIFICATION TO BE UPDATED OF CHANGES
**ANY COMMENT ON THE ANALYSIS WILL BE HIGHLY APPRECIATED.
NSE:IBULHSGFIN
#CUPID.. What will happen?? ..Short term consolidation or ATHCUPID is a small cap with amazing fundamentals (20% YOY growth, 20% ROIC).. It is a hidden gem with multi-bagger potential (a small cap doesn't need much capital for 2-3X)
Looking at current situation I would say there is a higher chance that the stock may move down to 200-205 levels.. consolidates for a bit and then moves up..
But there is also a chance for a move upwards (albeit small).. The support (short term trend line) is holding well even at high selloff volumes.. So buyers may come in and finally push this stock to ATH
Can go up to 300 if upwards break happens..
Can add to my position around 200 if it comes down...
Not suggesting you do the same, but keep an eye...Can be a great buy.. Also Do your own research, it is important..
Long Hathway CableHathway Cable
NSE:HATHWAY
CMP - 28
Stop - 19 on DCB
Expectation -
T1 - 40
T2 - 75, Review at 40
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Parle IndParle Ind
BSE:PARLEIND
CMP - 11
Stop - 7 on DCB
Expectation -
T1 - 18
T2 - Open, Review at 18
Expected Holding Period - 60 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long UJJASUJJAS
CMP - 2.8
Stop - 1.5 on DCB
Expectation -
T1 - 10
T2 - 25 , Review at 10
Expected Holding Period - 120 trading days or earlier for T1
Ideas being shared only for educational purpose
ONGC - PRICE ACTION ANALYSIS💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Long industowerIndustower
CMP - 252
Stop - 230 on DCB
Expectation -
T1 - 330
T2 - 500, Review at 330
Expected Holding Period - 120 trading days or earlier for T1
View:- Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Visagar PolytexVisagar Polytex (VIVIDHA)
CMP - 80 paise
Stop - 25 paise on DCB
Expectation -
T1 - 3
T2 - Open, Review at 3
Expected Holding Period - 80 trading days or earlier for T1
View:- positional
Please follow the SOP of penny stocks discussed earlier
Kindly don't go overboard in buying a single stock
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
HDFC bank chart analysis All breakouts and targets are mentioned on the chart.
another logic is we are in a bull run & all other has performed well, HDFC bank is yet to perform, dont miss the bull run, be apart of it.
Do follow me for more swing & intraday call.
if you like my work do cheer me.
Also, comments your views on this.
all the above analysis is my own, if anybody keeps an different opinion can also share.
trade on your own risk, analysis is just for educational purpose.
Thank you.
ONGC – TrendLine Beakout on Monthly Chart
ENTRY: CMP (126.5) breakout was 121.2
Target1: 168
Target2: 234.4
Target1: 293.25
Stop Loss : 118.8 (Weekly Close). Deep SL 104.15
Will Update Trailing Stop loss whenever required.
Duration : 4-5 Years
Stock has broken Monthly Trend line which started from Sep 2014.
Also last week close was above 121.2 which was Previous Support on Monthly chart same should have acted as resistance which didn’t happened hence script is showing good strength.
Heavy Volume also seen last few month, signaling accumulation phase over or almost about to end in this script.
Fundamentally Co has good record of making consistence Profits for its share holders.
Cash Flow Statement has been consistently growing hence Co is able to give good Dividend over years.
Dividend yield is around 4%.
Debt to Equity 0.5 times (favourable)
Book Value 167 vs CMP 125 (Available at discount)
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
Long JP PowerJP Power
NSE:JPPOWER
CMP - 3.9
Stop - 2 on DCB
Expectation -
T1 - 25
T2 - Open, Review at 25
Expected Holding Period - 120 trading days or earlier for T1
View:- Investment
Disclaimer :-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Long Snowman LogisticsSnowman Logistics
NSE:SNOWMAN
CMP - 55
Stop - 40 on DCB
Expectation -
T1 - 70
T2 - Open, Review at 70
Expected Holding Period - 80 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing