IEX longThe company is getting back up!
Rsi breakout done. Volumes are coming in. Energy sector needs focus
Levels are marked SL and targets as per your appitite.
Longposition
BAJAJ HOLDING : BREAK OUT ON WEEKLY CHARTBajaj Holding and Investment , India Based Investment and Holding Company which focus on income from dividends, interest and gains through investment held. The stock is in uptrend on daily and weekly time frame and currently was in retracement move. The move seems to be over now as the stock is stuck in a range and forming a PENNANT PATTERN. We may see breakout any time. Break out may lead to a new 52 weeks High. The Fundamentals of Company are strong with a Market Cap of Rs, 67,345 Cr and YOY stock yield of 15.76 %.
Analysis on Weekly Chart :
The technical indicators at current level are as under :
CMP : 6094.90
MA20 : 6038.13
MA50 : 6027.74
MA200 : 5975.53
RSI : 62.97 crossing over
MACD (12,26) : 14.020
ADX (14) : 33.12 ( Directional Strength - In range )
ATR (14) : 44.65 ( Highly Volatile )
Volume is Far below from the mean value, no buyers seen yet, however the stock is waiting for them resulting into break out. The stock regain its upward trend from 4541.30 and as per Elliot wave theory , we may see the third wave in this breakout.
Be prepared for the breakout in a or two days and hold for target 3 or a new 52 week High.
Breakout of cup and handle in NMDC share. You can open up the chart and look at it in any time frame.
HAL FALSE HEAD AND SHOULDER BREAK DOWNThis has reference to my previous study on HAL dated 16 Feb 2023 and the chart detailed above. The scrip is now coming to the entry level . One can enter the trade after price action only and set targets as detailed in the chart.
long trading looking very good if the market support this movei am pretty sure that it will react to market behaviour based on my experience this would be great trade if market conditions stay above 18000
FINNIFTYHi guys, In this chart i Drew My Best Levels in FINNIFTY for Buying in Intraday, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
KSCLForming Cup and Handle pattern on daily chart pattern. Levels are marked on chart. Possible upside till 680. SL < 505.
"Analysis is only for educational purpose and not a recommendation"
KPIGREEN - Positional tradeKPIGREEN - Positional trade
Long at 463 with SL at 440 and targets of 510, 540, 560
Follow strict SL.
Only for educational purposes ;)
skmeggprod break of trendline1.Break of trendline
2.Earnings expected to release tmrw
3.Performance was good
btst stock can expect 3-5%returns
AartindAartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Traget: 707.75
reliance bear trap reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Target: green line
Delta Corp BuyDelta Corp Limited, previously known as Arrow Webtex Ltd., is an Indian gaming and hospitality corporation that owns and operates casinos and hotels under several brands. It is engaged in casino gaming, with the majority of its offshore casinos in Panaji, Goa.
PNB housing - daily After a rounding bottom breakout from 465-70 levels, it has tested 533-40 range and even done multiple retests.
Targets of 533-550-585 on daily charts and even higher targets of 585- 640- 695 possible after breakout from 585 levels.
SL can be around 460 for now but use trailing SL for positional trades.
BF Utilities - weekly.Rounding bottom + flag + retest.
This may take some time but can give a very good upmove till 429-492-538-603 levels.
Sl can be the flag retested trendline.
Swing entry chance in LICHSGFINNSE:LICHSGFIN
There's a trendline which acts as support for the stock in 1 hour time frame, chances are that it might take support at the trendline again, if that happens we can take a short term entry on the stock and hold it till it reaches 143 levels as there is a resistance. If the price doesn't go back to the trendline to take support instead moves up and a breakout happens then we can enter above the resistance zone drawn using the rectangle and keep a target till 143, which might give 2-2.5% returns.
Reliance at a crucial levelBroken long tern trendline, can it regain it?
Will reliance take support on the neckline or break it?
RSI on hourly chart shows positive divergence
I think it will bounce from here or will it take nifty to lower levels along with it.
Can be weak after a close below 2285
Stay tuned
Granules on Daily and Weekly ChartHello Traders keep Granules on radar ....
Granules makes a Rounding Bottom pattern on a daily chart.
If it gives a breakout of 326.10 and holds it strongly.
Then we will see the levels of 362.20, a move of more than 11%.
362.20 is a Resistance on the weekly chart.
Happy Trading
Possible Cup and handle Breakout in ICICI SecStock has given breakout from its cup and handle pattern with good volume in Daily time frame.
If stock is coming for retest its previous resistance of 540-530 should act as immediate support. For further upside movement, stock has to close above 557.
All the possible targets are marked on the chart. Maintain strict stop loss at 490.
This is just a view, not recommendation to trade. Do your own analysis before making any investment.
Do like and share this idea and share your opinion in the comment section.
NSE:ISEC
Axis Bank for Long Term InvestmentAxis Bank For long term
Axis bank looking bullish for long term
NSE:AXISBANK
