LONG
APTUSDT Long: High Timeframe Breakout and RetestLooking for a big push from APT to range highs after a significant breakout and then a flush, forming this retest. This is after a period of long consolidation.
TP1 is set at 10.937 offering a conservative exit at the local highs. TP2 is at higher timeframe resistance and liquidity zone
TIAUSDT Long: Eyeing Steady Gains to Resistance LevelsI'm initiating a long position on TIAUSDT as the setup shows potential for an upward move. Currently, the price is hovering above the entry point I've identified at 18.1200 USDT, with the
RSI indicating bullish divergence points that support my decision to go long.
I've set my first target (TP1) at 19.5955 USDT and a second target (TP2) at 20.4916 USDT, aiming for a conservative climb within this channel.
IDEA | LONG | SWING | NSE:INDIA | ANALYSISDisclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions.
Buy if:
Follows current price action movements with Volume support
Respects Triangle pattern formation
RSI breakout
Good Volume on price breakout the trendline
Took support on 50 EMA
Exit if:
Sudden down spike with heavy unexpected volume
Breaks 50 EMA
Touches my Stop Loss
Breakout Alert: Central Bank Ready!Central Bank Of India:
CMP: 48.30
Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line.
Watch closely : If the price surpasses 48.50, we'll consider a long entry, managing risk with a specified stop-loss as indicated on the chart.
If you appreciate our analysis, your support means the world! Boost us and stay tuned for more insightful market analyses. 📊🚀 #CentralBankOfIndia #Breakout
MEP Investment Outlook: Potential Multibagger OpportunityMEP appears promising to me, and I'm optimistic about its potential to be a multibagger. I've acquired some positions at 15.95, and I believe the current price remains favorable for investment. As of now, our stoploss is set at 11.
Disclaimer: Investing in stocks carries inherent risks, and past performance is not indicative of future results. It's important to conduct thorough research and consider your risk tolerance before making any investment decisions.
ABFRL: Watch for the Breakout Above 240!ABFRL (Aditya Birla Fashion and Retail Limited) :
The stock is currently consolidating in a sideways zone after a significant downtrend.
Key Points:
Downtrend and Sideways Phase: ABFRL has experienced a notable downtrend followed by a period of consolidation in a sideways zone.
Promising Signal: A potential bullish signal will be triggered if the stock achieves a weekly close above 240.
Buy Consideration: Our focus for considering a buy position will be contingent upon the stock closing above the 240 threshold on a weekly timeframe.
Stay tuned for updates on this promising opportunity in ABFRL.
Ashok Leyland: Bullish Momentum SignalsAshok Leyland, based on the analysis using the Stock Navigator by FnOGyan Indicator, presents a compelling long signal on the daily time frame. The indicator suggests a positive outlook, supported by strong volume building up. The stock has demonstrated resilience by repeatedly finding support near the trendline support area, indicating a robust underlying trend.
Chart patterns, such as the rectangle or flag pole, further contribute to the bullish sentiment. The formation of these patterns often implies a potential continuation of the current uptrend.
Investors are advised to keep a close eye on the stock as it approaches the all-time high resistance level. Sustaining above this resistance could trigger a more significant rally, offering potential opportunities for traders. However, it's essential to monitor the market closely and consider other factors before making any investment decisions.
Zomato's Breakout Feast: A Journey to 142 Rupees!🍽️ Zomato Ltd., CMP: 130
Zomato recently exhibited a trendline breakout on December 14, closing above it. A successful retest followed, and another breakout unfolded yesterday. Today, the pattern from that breakout is holding.
Anticipating Zomato to serve us a delightful dish at the 147 rupees point.
📉 SL Reference Guide:
For Stop Loss, refer to the charts. This is not trading advice; consider it as educational content.
ITDC / INDIA TOURISM - 6 years consolidation breakoutITDC
1) Time Frame - Weekly.
2) The Stock has given 6 years consolidation breakout with huge volume & strong bullish candle close in weekly.
3) The next target / resistance would be its previous life time high (747 - 17% from the current price 636.70).
4) Recommendation - Strong Buy
SHANKARA BUILDCON looks ready for a breakoutShankara Buildcon is nicely absorbing the supply, and looks like slowly the bulls are going to control this scrip. Looks good for 15-20% move from here on.
Stoploss 740
*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.
Infibeam Avenues: Navigating the Up-Trend Breakout!📈 Key Points:
1. Up-Trend Momentum: The stock is riding a strong up-trend, signaling positive market sentiment.
2. Breakout Confirmation: A recent breakout, coupled with a successful retest, indicates a potential upward trajectory.
3. Entry Strategy: Planning a long entry as the stock has surpassed 23.60, aligning with the breakout momentum.
4. Risk Management: Two established stop-loss levels at 21.50 and 19.90 for prudent risk management.
5. Target Levels: Anticipated targets set at 25.50, 26.80, and 28.75, with potential for further gains.
6. Market Caution: Acknowledging the inherent risks in the stock market; emphasizing wise decision-making.
Educational Content: Sharing insights in a simplified manner, treating this as an educational piece for the community.
Encouraging the community to share opinions and foster collaborative learning.
Let's navigate the markets together and grow collectively!
#InfibeamAvenues #TradingView #StockBreakout
Trident Breaks Above Support - Time to Go Long?echnical Analysis Update (18 January 2024):
Trident stock has found strong support around the 43 level, as we anticipated in our previous analysis. After a brief dip below this zone, the price has bounced back convincingly, signaling a potential bullish reversal.
Bounce Confirmation: The recent price action shows a clear bullish engulfing candlestick pattern, confirming the rejection at support and suggesting further upside potential.
Entry: Consider entering a long position above the immediate resistance level around 43.50 to 44
Stop-Loss: Place a stop-loss order below the support level at 43 to limit potential losses.
Target: Potential upside targets could be near the recent swing highs around 61 or higher, depending on market momentum
Remember:
This is not financial advice. Always do your own research and consult with a qualified financial advisor before making any investment decisions.
Market conditions can change rapidly, so be sure to monitor the stock closely and adjust your trading plan as needed.
DEN Network - Multiyear BreakoutDEN Networks Limited is a cable television distribution company. The Company is engaged in distribution of television channels through analog and digital cable distribution network and provision of broadband services.
TTM EPS: 5.71
TTM PE: 8.25
P/B: 0.75
Face Value: 10
Mkt Cap (Rs. Cr.): 2,247
Sector PE: 30.81
Book Value Per Share: 63.15
Positives:
Strong Momentum: Price above short, medium and long term moving averages
Company with high TTM EPS Growth
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with No Debt
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Stock with Low PE (PE < = 10)
RSI indicating price strength
High Volume, High Gain
Negatives:
Inefficient use of capital to generate profits - RoCE has declined in the last 2 years
Decline in Net Profit with falling Profit Margin (QoQ)
NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks